Business Standard

INCREASING APPETITE

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Single-stock SIPs are gaining popularity among the investors who want large exposure to a stock but cannot invest lump sum amounts

Brokers provide a basket of single stocks for SIP, where an investor can pledge to put in a fixed amount every month in a basket of stocks

Such baskets provide more freedom to investors compared to MFs, as the investor is free to choose the stock and quantity

These products are also cheaper compared to MFs, as there are no fixed costs involved like in the case of MFs

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