Geojit BNP Paribas has launched four equity SIP portfolios matching varied risk appetites of investors to cater to the growing demand for systematic monthly or weekly purchase of select shares to build a long-term investment portfolio.
The four products - Geojit Classic SIP, Geojit Enhancer SIP, Geojit Defensive SIP and Geojit Growth SIP - will be periodically reviewed by the company’s research team with a view to generating above market returns.
Geojit BNP Paribas Systematic Share Purchase Scheme offers investors a direct entry into the capital markets unlike mutual fund SIPs, while benefitting from the expert advice from the company’s research team. In addition, it offers clients greater control in managing the assets in their portfolio.
C J George, managing director, Geojit BNP Paribas, said that the new Equity SIP portfolios are practical and cost effective ways to help different kinds of investors meet their investment goals. “With this new product, we aim to encourage more people to invest in the Indian capital markets, especially the youth and first-time investors.
In addition, this scheme is ideal for salaried investors who want to build a long term portfolio in stocks but prefer not to invest a lump sum,” he said.
Satish Menon, executive director of Geojit BNP Paribas said that each of the Equity portfolios has shares of different companies and caters to varied investment and risk appetites. In Geojit Classic SIP, the portfolio will depict
Geojit BNP Paribas’ market theme for the coming 2-3 years. The portfolio, benchmarked against sensex, will be dynamically reviewed by the company’s
Research Team to suggest periodic changes to stocks and sector weights.In Geojit Classic SIP, the focus is on Infrastructure, Automobiles and Metals.
The Geojit Enhancer SIP portfolio invests in companies across market capitalisations which have excellent track records, quality management, earnings and growth potential and strong fundamentals.
In the Geojit Defensive SIP, 60%-70% of the portfolio will be focused towards blue-chips from the stable Consumer & Information technology businesses.
The Geojit Growth SIP aims to generate long-term capital appreciation from high growth sectors. The portfolio will be oriented towards beta stocks/sectors. Here 50-70% of the allocation will be to sectors like Infrastructure, Industrial, Construction and Finance which are strongly influenced by core economic activities.