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SIP Investment in HDFCBank

Discussion in 'Investment Analysis' started by chitti_babu, Jan 2, 2017.

  1. chitti_babu

    chitti_babu New Member

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    Hi Team,


    Can I start SIP in HDFCBank Stock for 5 years?

    Thanks & Regards
    Chitti
     
  2. shabbir

    shabbir Administrator Staff Member

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    Yes you can but for SIP mutual funds are better than stocks.
     
  3. Suresh_Sinha

    Suresh_Sinha Active Member

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    Keep away from banking stocks as there are too many uncertainty on interest rates as of now.
     
    paryani77 likes this.
  4. chitti_babu

    chitti_babu New Member

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    Thank you. Have SIP investment in Mutual funds(like ICICI Balanced, Birla sunlife frontline equity, Axis ELSS). Looking for good growth stock where I can start a SIP for next 5 years. Please suggest if any.

    Regards,
    Chitti
     
  5. shabbir

    shabbir Administrator Staff Member

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    Go for Auto stocks as I see lot more visibility and innovations getting in auto sector.