Anyone who has a bank, demat, and trading accounts can invest in stock market. There is no minimum or maximum age limit for investing in stocks. Indian stock market investing does not have a minimum limit to start investing, the only requirement being you need to have sufficient amount to cover the price of a share or stock that you want to buy.
If you have the required documents and fulfil the KYC requirements, you can open demat and trading accounts through a bank or a broker and start investing.
Can students invest in the stock market?
There is no fixed minimum age to invest in the stock market. Demat and trading accounts are required to invest in shares and other securities that are traded on stock exchanges.
If a minor student wants to trade in the share market, they can open a trading account as a minor by submitting the documents of their guardian.
Can NRIs invest in the Indian stock market?
A Non-Resident Indian (NRI) is defined as:
- An Indian citizen who resides in India for less than 182 days during the preceding financial year, or
- Who has gone out of the country or stays outside India for employment or to carry on business or vocation
As per guidelines laid down by the Reserve Bank of India (RBI), NRIs can invest in the Indian stock market under the Portfolio Investment Scheme (PIS) on repatriation/non-repatriation basis. There are certain conditions laid down for stock market transactions that …