1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

SIP Investment in HDFCBank

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

  1. chitti_babu

    chitti_babu New Member

    Joined:
    Jan 1, 2017
    Messages:
    2
    Likes Received:
    0
    Hi Team,


    Can I start SIP in HDFCBank Stock for 5 years?

    Thanks & Regards
    Chitti
     
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,701
    Likes Received:
    1,940
    Yes you can but for SIP mutual funds are better than stocks.
     
  3. Suresh_Sinha

    Suresh_Sinha Active Member

    Joined:
    May 1, 2012
    Messages:
    209
    Likes Received:
    30
    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

    Joined:
    Jan 1, 2017
    Messages:
    2
    Likes Received:
    0
    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

    Joined:
    Apr 30, 2012
    Messages:
    6,701
    Likes Received:
    1,940
    Go for Auto stocks as I see lot more visibility and innovations getting in auto sector.