Want to start SIP in stocks? Know key points before you do
BusinessToday.In
- Updated Sep 3, 2020 8:44 AM IST
If you wish to own higher number of shares of your preferred stock, but do not have enough money to do that, you can initiate an SIP into it to build your positions gradually over a period of time. The SIP approach not only reduces volatility risk but also helps you keep your emotions at bay when trying to time the market. In this video, we explain the reasons why you should do SIP in individual stocks and what to keep in mind when you do it.
