Mutual Funds With ₹500
There are bunch of funds that have minimum investment as Rs500 or low. The best thing about mutual funds is that they enable you to invest with very small amounts. There is no other way you can invest with reasonable diversification with an amount as low as Rs500. SIP (Systematic Investment Plans) of a lot of mutual funds allow min investment with just Rs500. Here is list of some good ones.
We covered various options to get started with mutual funds with as low as Rs500. There are many good funds available for all your needs. Mutual funds companies are working to reduce the min investment to increase the investor base. Some schemes allow an even lower amount for their systematic investment plans (SIP)