Quick Verdict
Myth. You do not need a large amount of money to begin investing.
Why People Believe It
People often talk about investments worth lakhs or crores. That can make investing feel like something only rich people do.
Reality Check
Many mutual fund schemes in India let you start an SIP with a relatively small amount, although the minimum varies. You can begin without buying expensive individual shares. But starting small does not remove investment risk, and investing regularly does not guarantee a profit. Before putting money into the market, make sure you can meet your essential expenses and have some savings for unexpected needs.
A Better Rule
You can start small. Just choose an investment you understand, use money you can afford to set aside and make sure the risk suits your goal.