Some Handy Investiit.com Tips To Help You Out

As you may know, I’ve been putting some effort into learning about personal finance and investing my money smarter these days. It can definitely feel overwhelming with so many options out there. But I recently came across an investing platform called Investiit that has made everything much more straightforward. I want to share some of the top investiit.com tips I’ve picked up from using their service over the last few months.

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Investiit.com Tips

Before we discuss about investiit.com tips, let’s first read about Investiit.

What is Investiit?

To start, Investiit is an online investment platform that allows you to easily build an investment portfolio by investing in stocks, ETFs, mutual funds and more right from your phone or computer. A few key things that attracted me to Investiit initially were:

No minimum balance required to open an account. This was great since I was just getting started and didn’t have a huge amount to invest right away.
Very low brokerage fees compared to other brokers. Their fee structure includes ₹10 per order for delivery based trades and ₹20 per order for intraday and F&O trades. These affordable rates have allowed me to experiment more without worrying too much about costs.
Wide range of investment products available on their platform. As a new investor, I appreciated having access to thousands of stock and mutual fund options from various fund houses to choose from.
User-friendly interface both on their website and app. The portfolio management tools and dashboard are intuitive to navigate even for someone with little experience like myself.
Extensive educational resources. In addition to articles and videos, Investiit provides goal-based learning plans tailored for beginners, intermediate and experienced investors. I’ve found these quite helpful in expanding my knowledge.

With such a low minimum investment entry point, low costs and user-friendly features, Investiit was clearly a great choice for me to get started with my new interest in investing conveniently and affordably. Let me share some other key investiit.com tips I’ve picked up along the way.

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Opening An Investiit Account

To access Investiit’s investing platform and start building my portfolio, the first step was to open an account. Here are the basic steps involved:

Visit investiit.com and click “Open an Account” to begin the online application process. Basic KYC details such as name, address, phone number, email and PAN details need to be provided.
Upload scanned copies of identity proof (Aadhaar/Passport/Voter ID), address proof and passport size photograph for verification and account activation.
After the details are verified within 1-2 days, you’ll receive login credentials to access your Investiit dashboard online.
Fund your account by transferring money from your bank account via net banking/UPI/IMPS. No minimum amount is required though I’d recommend transferring at least ₹5,000-10,000 initially for optimal returns.
Read through the terms and conditions carefully before accepting them online.
Your account is now active and ready to be used for investing!

The entire account opening process on Investiit took me less than 15 minutes. Their customer support is also responsive in case you have any other queries during sign-up.

Ways To Invest On Investiit

Once your account was ready, it was time to choose where to allocate my capital. Investiit allows investing through various avenues like:

Stocks: For researching and investing in individual shares listed on Indian exchanges NSE & BSE. As a newbie, I mostly stayed away from direct stock picking for now.
Mutual Funds: A great way to achieve diversification at low costs. Investiit provides access to all major fund houses across categories like large-cap, mid-cap, small-cap, etc. I started by investing in diversified ELSS and large & mid-cap funds through SIPs.
ETFs: Exchange Traded Funds that track indices passively at very low costs. ETFs gave me exposure to the overall market at low risk.
IPOs: Participate in initial public offerings of companies before they get listed at market price. Risk is higher so I’ve avoided applying in IPOs so far.
SIPs: Systematic Investment Plan facility allows automating regular monthly investments into funds/stocks chosen. This encourages disciplined investing with Rupee Cost Averaging.

Setting clear investment goals was another useful tip to frame my portfolio allocation on Investiit strategically rather than ad-hoc selection of products.

Setting Investment Goals & Tracking Performance

On further exploration, I came across Investiit’s powerful goal-based features. Setting specific objectives with amounts and deadlines allows visualising your investment journey better and making the right asset decisions to achieve each target. Some goals I set were:

Child’s Higher Education by 2032 (17 years away): Set monthly SIP of ₹5,000 in diversified equity mutual funds.
Down Payment for First Home by 2027 (5 years away): SIP of ₹10,000 per month in balanced hybrid funds.
Retirement Corpus by 2052 (30 years away): SIP of ₹15,000 per month in index funds tracking Nifty 50.

Investiit’s goal-wise SIP performance tracking helps evaluate progress each month. I can see goals are on track, pause/increase SIPs if required. This proactive management ensures each goal remains financially addressed rather than market vagaries alone determining outcomes.

Automated goals also act as a discipline for regular investing habits rather than sporadic lumpsums – something very useful for newbies like me. Tracking goal status across the app makes progress feel exciting too! Let me share some other neat features on Investiit.

Research Tools On Investiit

To make informed investment choices, research capabilities are critical. Investiit offers some nifty extra tools beyond the basic fund details for deeper exploration that I’ve taken advantage of:

Stock Screener: Filter companies based on financial/technical parameters like P/E, ROE, moving averages, volume patterns, etc. Very helpful for tracking stocks worth analyzing.
Stock/Fund/Index Performance Tracker: View returns over various time periods from 1 month to multi-years to spot winners and losers.
Custom Portfolio Builder: Simulate asset allocation across goals visually to estimate potential returns/risks using historical data.
Fund Manager Tracker: See performance of schemes over time under different fund managers to gauge consistency.
Market & Sector Movers: Monitor large market/industry movements to spot emerging opportunities.
News & Research Reports: Stay updated on market/company happenings through curated financial content.

These extensive yet easy-to-use tools give a comprehensive view beyond just prices – a real plus for novices like us versus more plain investment apps. The research aids informed investiit.com tips for smart capital allocation.

Additional Notable Features

Beyond the core offerings, a few other thoughtful extras on Investiit that add value are:

Model Portfolios: Readymade baskets by experts across risk profiles as starting ideas.
Tax Report Generation: Key for filing ITR hassle-free during tax season. Documents portfolio transactions.
Offline Applications: In case you need to invest without internet access.
Multi-Platform Access: Seamless experience across website, app and trading terminals.
API’s for Developers: Create custom solutions and widgets for their platform.
UPI Payment Support: Instant fund transfers using this popular payment mode.
Insurance Services: Term plans helping round out overall financial planning.

These supplemental features show meticulous thinking for both regular investors and power traders – something many other brokers may lack. Truly a one-stop solution!

Portfolio Management Tools On Investiit

No platform is complete without robust portfolio tracking features. Investiit bundles some top-notch tools for effortless portfolio administration – another vital tip for holistic wealth management.

A few I regularly use include:

Holdings Consolidation: View entire portfolio holdings across all products seamlessly in one place.
Performance Dashboard: Interactive charts tracking portfolio value changes over timeframes.
Goals Rebalancing: Recommendations when portfolio drifts from goals to automatically realign asset allocation.
Auto Sweep Facility: Redirects any extra capital towards other financial goals to enhance returns.
Transactions History: Comprehensive transaction logs with tax lots for accurate cost basis tracking.
Custom Watchlists: Create your own custom stock/fund/etf lists to track more efficiently.
Auto-Dividend Reinvestment: Facilitates compounding returns over long term.
Personalized Reports: Varied reports for tracking networth, returns, capital gains, etc for taxes or reviews.

These top-notch asset management features make portfolio monitoring and decision making very straightforward on Investiit.

Things To Watch Out For

While Investiit can be a great platform for entering the investing world, some potential pitfalls to watch for include:

Beware of scams while exploring third party products or services advertised on their site.
Avoid short term trading mentality, have a long term commitment towards goals instead.
Over-reliance on past performance for decision making without fundamentals research.
Getting influenced too much by random stock/fund tips circulating online.
Neglecting discipline of reviewing portfolio drift from goals and rebalancing yearly.
Not learning fundamental valuation methods despite their education resources.
Ignoring expenses and taxation impact while choosing investments.

Staying alert of such risks and maintaining rational decision making is key to financial success over the long run through Investiit or any platform for that matter.

Investiit Alternatives To Explore

For diversity of options, here are some other reputed investing apps comparable to Investiit that may also be worth checking out based on your needs:

Upstox: Also very user friendly with zero brokerage on delivery trades making it quite affordable overall.
Zerodha: Best for frequent traders with advanced charts, scanners and options trading. But brokerage is steeper for those types of transactions.
HDFC Securities: Reliable full-service broker with multiple account types catering to different experience levels.
Groww: Very beginner focused with simple well laid out UX and learning resources. Lacks depth for advanced users.
5paisa: Full fledged low cost trading platform favored by experienced investors and options traders.
Angel Broking: Well established reputed broker with multiple value added services for HNI users.

Do evaluate some alternatives as well to compare features suited to your investing style and budget before committing. But Investiit remains a top picks overall in my opinion.

Conclusion

Investiit is an excellent investment platform that has truly simplified the process of building an investment portfolio for a beginner like myself. Their intuitive interface, low costs, wide choice of options and comprehensive tools make getting started very straightforward. The educational resources have also helped expand my investing knowledge considerably.

While it’s important to do thorough research and stay aware of risks when putting your hard-earned capital to work, Investiit offers a solid foundation to take that first step into the world of investing. Following tips like clear goal-setting, automated SIPs, periodic reviews and diversification across asset classes can help stay on the right investing track long-term.

I hope sharing my personal experience and collect investiit.com tips has been useful for you too as you consider this platform. Feel free to message me should you need any clarification or have additional questions after signing up. Wishing you the very best with your new investing journey!

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FAQs

What is the minimum amount required to open an Investiit account?

There is no prescribed minimum amount. However, for cost-effectiveness aim to start with at least ₹5,000-10,000 to make up for brokerage charges on smaller trades.

How do I transfer funds to my newly opened Investiit account?

You can use netbanking, UPI, NEFT or RTGS to transfer funds from your linked bank account. Go to “Funds” and click “Deposit” to initiate the process.

Is my money safe with Investiit? What security protocols do they follow?

Yes, your funds and investments are fully secure. Investiit is registered with SEBI as a recognized stockbroker. Client funds are kept separate from company finances in bank accounts for maximum safety as per regulations.

How do I view or generate tax reports from my Investiit portfolio?

Login to your account, go to Reports and click on “Tax”. Here you can view capital gain/loss statements or generate tax reports with transaction history in the prescribed format for easy ITR filing.

What is the process to withdraw money from my Investiit account?

Go to “Funds”, click “Withdraw” and enter the amount and your linked bank account details. Withdrawals typically take 2-3 working days to reflect in your bank balance.