Who can invest in the stock market? Are you eligible to invest in the Indian stock market? There are certain criteria for starting their trading journey in the stock market. Therefore, before knowing how to get into the stock market in India, it is important that you have a look at the eligibility criteria.
- Indian resident – Anyone who is a resident of India and has valid identity proof can start investing in the stock market. It is also important that the resident also has a valid PAN card as it is a mandatory document for opening a demat account.
- NRIs- Not only the Indian residents but the foreign investors can also opt to invest in the Indian stock market. The investment policies approved by RBI allow, NRIs, persons of Indian origin, and institutional investors to invest in the Indian stock market.
- Qualified Foreign Investors – An individual and group of a foreign company who wants to enter the Indian stock market, can do that as qualified foreign investors. The qualified institutional investors should not be a resident of India in any sense and also not registered as FII or any other entity under SEBI.
- Minors- If you thought you can only start your investment journey after turning 18, you are wrong. An individual can start investing in the Indian stock market before he turns 18 through a minor demat account. Although, till the time the minor is not 18, the demat account is handled by a parent or a guardian.
Apart from this, there is no minimum amount required to invest in the stock market. So, you can start investing early and also with the capital that you have.
Hope this helped and you got all your answers. If you have more stock market-related queries, you can fill in your details here, and we will try to resolve them as soon as possible.
