StockBasket is one of the easiest ways of investing in the stock markets and creating wealth. StockBasket as the name simply suggests, is a carefully expert-selected basket of stocks which you can invest in one click.
StockBasket carefully selects a set of stocks which are India’s Top Growing Companies, Market Leaders, etc. that gives you ownership of those businesses. As these businesses become larger as the India growth story continues for years to come, the value of your investment and money will also grow with these large companies.
StockBasket is a basket which comprises of few stocks. Each basket may have 5 to 15 stocks. In direct investing in equity, single stock is bought at a single point of time and there is no weighting system or mechanism that is followed while buying single stocks. StockBasket actually correctly identifies the weights in which the investor should invest in these individual stocks so that the risk is reasonably diversified.
For investing in StockBaskets, you need to open a SAMCO trading and DEMAT account. Opening a SAMCO account is FREE, paperless and takes less than 5 minutes. Open a SAMCO Account
StockBasket is a product which is owned and built by Samco Securities Limited which is a SEBI registered Research Analyst Entity. Samco has built research systems and mechanisms over the years to be able to identify stocks in a more scientific and careful manner. Each StockBasket comprises list of stocks that have been created using SAMCO’s research system. It carefully takes into consideration sectoral exposure, risk diversification, single stock exposure and therefore each StockBasket tries to minimize the risk at the same time giving exposure to good high growth, high return companies to an investor. These StockBaskets have been created by our Research Analysts who have a combined experience of over 100 years in Equity Markets.
StockBasket is designed to give you the benefit of wealth creation over long-term, however few mistakes can disrupt that process -
Eg. If you bought a StockBasket, then do not sell it on .exe platform.
Typically StockBaskets range from Rs. 3,000 to Rs. 300,000. So, a starting basket is roughly about Rs. 3,000 and therefore it is the minimum amount required to invest in StockBaskets.
Go to the “Add Funds” option in the app where you can use UPI, NetBanking, NEFT or RTGS to transfer funds from your bank account. Please note that the funds should only be transferred from the bank account linked with your SAMCO Trading account. As per the regulations, we will have to refund the Money received from any other account and will not be available for buying StockBaskets.
There are a variety of baskets that are created on StockBasket. The Descriptions and Rationale for Investing are self-explanatory. Baskets could either be thematic or goal based in nature.
For Eg. If you are saving and investing for Retirement, you could buy Retirement in 2040 Basket. If you are just a beginner, you could invest in the Beginner’s Basket. So please read the Description and the Rationale for investing in each and every basket.
Secondly, you can also looked at certain baskets which are flagged as “Featured” or “Recommended” on the StockBasket platform. An investor depending on their risk profile, investment capability and the amount they can invest, they can select their basket accordingly suiting their needs.
Also, all the baskets can be found in the “Explore” option in the StockBasket App.
The recommended minimum time for holding your investments in StockBaskets is 5 years. Holding a basket for 5 years or more reduces the risk and increases your chances of wealth creation.
Open the app, select your basket and click on “Invest” and Confirm your order on review page and you are set. It is that simple.
An order is called a Broken when all parts of an order are not executed due to various reasons such as unavailability of the quantity or orders are placed near market closing. In such a case, the constituents in your basket does not match the designed constituents. For eg. 4 out of 5 stocks are executed, but the 5th stock is not executed due to some reason, this makes the order broken and needs to be fixed to match exactly to the basket actually designed by the Research team. So, the broken order executes the unfilled orders.
Ideally, StockBaskets are designed as investment baskets to help you create wealth over the long-term. The ideal composition is such that these baskets are not required to be bought and sold at regular and frequent intervals. However, from time to time there may be certain opportunities based on market and business cycles and therefore when such opportunities arise, the StockBasket research team will be creating baskets which shall be tagged as [Trading] Baskets which are designed to enable you to benefit from short term moves and short-term changes in cycles
The desired objective of this trading baskets is to generate an income and not to create long-term wealth.
These trading baskets extremely high-risk in nature and you should only invest / trade in these baskets if you have a high risk-appetite.
Value for Money indicates whether buying a particular StockBasket at current prices is Expensive or Cheap. Where Excellent indicates that the StockBasket is very undervalued while Very Poor Indicates that the StockBasket is extremely Overvalued and investment in this basket should be avoided till the prices come to a reasonable level.
The Strength of the Basket indicates the resilience of the portfolio. In simpler words, it indicates how well and soon the StockBasket will recover from a fall. Excellent Strength indicates that it is strongest while Ultra Low indicates that it is the weakest.
There are three types of fees involved in buying a StockBasket -
All the details of these fees are available in the Description on the quote page of the Basket.
There are a variety of stocks that are owned as a part of StockBasket which requires continuous monitoring from SAMCO research team. The market dynamics change frequently and the research team keeps a tab on these changes and notifies them to you and also its impact on your investments. Therefore StockBasket makes up for this cost via the fees charged.
It is based on the principle of - “We Dont Make Money, If you Don’t”. It means that if you do not make money in a particular basket even after holding it for a period of 5 years then the subscription fee collected over 5 years will be refunded to you.
No, there is no Lock-in period for investments in StockBasket. But we Recommend that you hold your StockBaskets for at least 5 years. If you exit a StockBasket before the maturity period of 5 years, you are likely to get suboptimal returns on your investment.
It is as easy as investing in the StockBasket. Open the App, go to “Investments” page and select a basket that you want to sell and click on “Sell” and you are done!
You will get periodical updates of your investments in StockBasket via emails and also you can check real-time position of your baskets in the Investments Page of the app.
If at all we change a constituent of a basket, the research team will notify you of the change by way of App notification and you will need to approve the rebalances in order to make sure you are invested in the latest version of the basket. This is important for getting the best results from your investments in StockBasket.
There is no fixed frequency followed to rebalance the baskets. StockBaskets are rebalanced as and when the market conditions change. Research team will notify you to rebalance. Again, we emphasise that rebalancing will be done in a very rare case scenario.
It is a simple 3-step process -
You can easily access your orders and Order History in “My Account” page in the App.
You can view your Baskets and investments and also see it’s current value by going to “Investments” Page in the App.
As the shares purchased using the StockBasket App will be in your DEMAT account, you will receive all the dividends directly in your linked bank account. Other corporate actions such as Bonuses, Splits will also automatically adjusted in your DEMAT account.
You will liable to account and pay taxes payable on selling the baskets. If you hold the basket for a period less than 1 year, then you will subject to Short-Term Capital Gains Taxes and if you hold the basket for more than 1 year then, you will be subject to Long-term Capital Gains Taxes. Also, if dividends received by you is also subject to Income Taxes. So, keep a tab on your Incomes and gains and accordingly pay taxes.
You can also add StockBaskets to your watchlist to keep a close look on it. For Eg. you found a basket that you like and want to invest in, but currently the Value For Money indicator is “Very Poor”, in such a case, you can add this basket to your watchlist so that you can buy it when the price of the basket becomes reasonable to buy.
StockBasket is a platform that helps you choose from expert created ready made group of stocks as per your investment needs. While you are busy with your job or running your business, your portfolio is constantly monitored by us. To invest in StockBasket, Login with your SAMCO Account or Open a SAMCO Account . With a SAMCO account you can invest in StockBasket, Direct Stocks and also Mutual Funds.