Planning to buy your first ETF? An Exchange-Traded Fund (ETF) offers many advantages, such as diversification, liquidity, cost efficiency, transparency, and flexibility. To experience all these benefits effectively, you need the right platform. MO Riise by Motilal Oswal provides that support.
MO Riise is backed by the legacy of a SEBI-registered public entity and trusted by over 40 lakh users. You get multiple ETF categories, expert-backed research, UPI-based payment options, and helpful portfolio management tools. Plus, with educational resources and 24/7 help, MO Riise simplifies the process of learning, investing, and tracking ETFs for new investors.
Ready to add ETFs to your portfolio? Look at the steps to follow.
Starting ETF investments on MO Riise
Download MO Riise from the Google Play Store or Apple App Store. Now, you need to open a demat account online. The process hardly takes 15 minutes, and your Aadhaar, PAN, and bank details are enough to get started. After opening the demat account:
- Log in to MO Riise.
- Tap ‘More’ at the bottom or click on stocks at the top of the screen.
- Scroll to find the ‘ETF’ category.
- Choose the type of ETF you wish to buy (e.g., equity, debt, gold, commodity, or global).
- Pick an ETF that interests you.
- Click on ‘Buy’.
- Enter the quantity (number of ETFs).
- Choose the order type (e.g., market or limit).
- Add funds if your demat account balance is low.
- Finalise the transaction.
Now track your ETF in the ‘Portfolio’ tab, where you can view holdings, profits, and losses.
Tips to use MO Riise for smarter ETF investing
Look at some tips to use MO Riise’s features and tools for smarter ETF investing:
Compare returns across time frames
The MO Riise ETF app lets you check ETF performance for 1 week, 1 month, 3 months, 6 months, year-to-date, and 1 year. Short-term numbers show volatility, while longer horizons highlight consistency. Comparing returns across time frames gives you a complete picture of volatility and stability.
Check fundamental data
You can analyse critical metrics such as market capitalisation, price-to-book ratio, price-to-earnings ratio, face value, debt-to-equity, and earnings per share.
These figures reflect the strength and valuation of companies within the ETF. For example, a low debt-to-equity ratio suggests lower financial risk, while a higher P/E ratio shows the market is willing to pay more for every unit of earnings.
Use helpful FAQs and video tutorials
FAQs and video tutorials guide new investors through core functions like placing orders, setting alerts, and tracking portfolio performance. These resources also cover how to utilise the features of MO Riise properly to reduce confusion and build confidence to invest in ETFs more smartly.
Track your portfolio
The portfolio tab lists each ETF you own, its purchase cost, current market value, and profit or loss. Regular assessment helps you spot underperforming positions, rebalance exposure, and decide if you should hold or switch to another ETF.
Set price and index alerts
You can set custom alerts for ETFs or indices. Notifications keep you informed when prices cross specific levels and help you take timely action without continuous monitoring.
To sum up
Your first ETF can be the start of a disciplined and long-term wealth-building journey. Hence, choosing a reliable partner like MO Riise is important. With quick demat account opening, you can access thousands of ETFs and aim for better returns. You can evaluate performance, check fundamentals, follow news, and track portfolios without complexity. Features such as alerts, FAQs, and video tutorials make it easier to make informed decisions.
Begin your ETF journey on MO Riise today!
