Geojit BNP Paribas has launched a Systematic Investment Plan for stock investment which enables investors to accumulate wealth regularly and create investment portfolios.
SIP allows investors to invest directly into a particular stock at regular intervals. Once the process is initiated, the investor can invest regularly into selected stocks in a seamless manner.
This disciplined investment approach can act as a good hedge against price volatility as this technique averages the cost of purchase of any chosen stock or a basket of stocks over the duration of the SIP.
Mr C J George, Managing Director of Geojit BNP Paribas, said:
“Investors with regular monthly income can use this route for investing their savings in stocks of their choice. Since this is a facility that Geojit provides on the internet, it is easy for investors to plan their savings and investments.”