I want to invest 5 Lacs rupees for 10 to 15 years . which stock / sector will be suitable for investment.

Ans: You can invest in Banking – Axis bank and ICICI Bank; Pharma – Biocon; Auto – M&M and Bajaj Auto; FMCG – Britannia and Godrej CP; Consumer Durables – Polycab and V-Guard; Cement – Ramco Cements and JK Lakshmi; Telecom – Bharti Airtel; IT – Birlasoft.

Ans: You can invest in Banking – Axis bank and ICICI Bank; Pharma – Biocon; Auto – M&M and Bajaj Auto; FMCG – Britannia and Godrej CP; Consumer Durables – Polycab and V-Guard; Cement – Ramco Cements and JK Lakshmi; Telecom – Bharti Airtel; IT – Birlasoft.

Ans: Investing Rs 5 lacs in single stock provided your total allocation to this single stock dont exceed more than 3 to 5 percent of total Equity portfolio than its fine otherwise you are taking excessive risk on the same and should move towards diversified Equity mutual funds to take exposure. But if you have existing portfolio and you want to allocate 3 to 5 % in single stock than you can look at defence & aerospace sector theme and select market leader from the same.

I hope this will help

Disclaimer: This information is just for educational purpose and not a buy or sell recommendation.