What is Stock SIP?
Stock SIP is just like normal SIP, but the catch here is that you will be investing in a particular chosen stock and purchasing it on a regular basis. There is no diversification of your funds, just like a mutual fund, and there is no fund manager who will be looking out and managing your funds. Stock SIP returns totally depend on how that stock is performing and what its market value is. In the time horizon, you will keep purchasing shares on a regular basis. Stock SIP can yield good returns in the long run and help you achieve your financial goals. SIP in stocks is a good option for those who are new to investing in the share market and want to invest in a disciplined manner.