HDFC Securities launches daily SIP

HDFC Securities, has launched a daily ‘SIP’ in partnership with Bombay Stock Exchange (BSE), which gives investors the option to invest in mutual funds on a daily basis. To begin with, investors using HDFC Securities can invest in HDFC Mutual Fund products using this facility.


This is the first in a series of customer-focused initiatives that HDFC Securities will be rolling out to give more power to investors and help inculcate a disciplined approach to investing.


Dhiraj Relli, Managing Director & CEO, HDFC securities, says, “This is a result of our thorough research on investment patterns and feedback from investors. This tailor-made plan will equip a common investor to adhere to the investment timelines in a flexible way. Daily SIPs will allow investors to have a better control over market volatility. The idea of investing on a daily basis will help investors to utilize their money appropriately”. This unique feature is available for HDFC Securities customers and they can start their daily SIP through the HDFC Securities website or mobile app or through distributors. The customers can start with a minimum amount of Rs 500 and keep increasing it subsequently.