Single-stock systematic investment plans gain among small investors

Those preferring direct market access over the mutual fund route being encouraged by brokers to invest regularly

Single-stock systematic investment plans (SIPs) are catching the fancy of small investors, particularly those preferring direct investing over the mutual fund (MF) route.

Broking officials say a large portion of their active clientele have subscribed to single-stock SIPs and the interest is expected to go up as markets continue to do well. Experts say this is a typical bull market trend, with the risk appetite among small investors going up at such times.

Single-stock SIPs are essentially recurring investments in shares of a single company or select companies. For instance, an investor is optimistic on the long-term prospects of Maruti Suzuki. However,