Decoding 3 Myths Around Stock SIPs 

Special Features Auto Renew: It ensures your SIP restarts automatically on completing the previous cycle, say a year Pause: It helps pause the SIP for a certain period until you are ready to start again Step Up: It will automatically increase the instalment amount or quantity periodically *** Most of you would have heard about systematic investment plans (SIPs), with mutual funds popularising the term. Premium-payment insurance policies are now being mis-sold as “SIP investments”, and then there are stock SIPs as well. With increasing interest in direct equity investment, stock SIPs are gaining popularity. According to Prime Database, the share of retail investors in the National Stock Exchange (NSE)-listed companies is almost the same as the share of domestic mutual funds, with 7.42 per cent and 7.75 per cent, respectively, as on March 31, 2022. Stock SIPs allow you to buy...