February 7, 2011 1:00 pm
Kindly let me know if it is advisable going vis sip mode for buying stocks.Is it as beneficial as buying MF’s via sip
No its not advisible , SIP in stocks is not recommended because its not diversified , unlike mutual funds stocks are not diversified, in mutual funds if there is some fundamental issue with stock long term prospects ,fund manager gets rid of it and we dont have to worry about that part ..
However in Stocks ,we are the only one who have to manage it , so its not recommended .
Read more here : http://www.subramoney.com/2010/12/sip-works-only-in-a-portfolio/
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