@sbollemp If it is a 20 stock portfolio, the initial investment will be the highest price stock x 20. In this case, this happens to be 5000 x 20 = Rs. 1 lac. If someone wants to start with a smaller initial investment, the highest priced stock can be ignored and one can move on the next highest one.
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Yes, to determine the minimum investment to be made, the quantity of highest price stock is taken as 1 and the others are calculated based on this.
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Yes, value of stock price A / price of stock B to arrive at the quantity for B. Same for all other 19 stocks.
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People advise that we should do a limit order, but for the value we are ordering, it does not make a difference and we can go in for market price.
All the best for your efforts.
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