Your thoughts on doing an SIP in only 1 scrip… basically if i want to do an SIP of Rs.10,000/-, I just buy that 1 scrip every month for Rs.10,000/-.
SIP is a good technique to buy into a MF or a direct EQ portfolio. However, a single stop SIP can be quite dangerous as you would be putting in all your money in a single stock. Please do check out this chapter, particularly on unsystematic risk - http://zerodha.com/varsity/chapter/risk-part-1/