HDFC Bank shares: Gurmeet Chadha, CIO & Managing Partner at Complete Circle Wealth, in a recent post on the social media platform X, said that he has been consistently buying 10 shares of HDFC Bank every month for more than 15 years, regardless of Indian stock market conditions.

Ahead of HDFC Bank bonus issue, this fund manager reveals why he’s bought 10 bank shares monthly for over 15 years

HDFC Bank: A Fund Manager's Tale of Patience and Compounding

With HDFC Bank shares in the spotlight following the announcement of a potential bonus share issue, a fund manager's long-term strategy offers a compelling lesson in disciplined investing.

Gurmeet Chadha, CIO & Managing Partner at Complete Circle Wealth, recently revealed on X (formerly Twitter) his consistent approach: buying 10 HDFC Bank shares every month for over 15 years, regardless of market fluctuations.

Disciplined Monthly Purchases: A steadfast commitment to acquiring 10 shares monthly, unwavering through market highs and lows.
Strategic Lump-Sum Buying: Leveraging market corrections as opportunities to significantly increase his holdings.
Long-Term Vision: Focusing on 10-20x returns over 10-20 years, rather than short-term percentage gains.

A Hard-Learned Lesson: Chadha's strategy stems from a past experience. He candidly shared leaving HDFC Bank in 2006 for a 25% salary increase, forfeiting valuable Employee Stock Ownership Plan (ESOP) shares. By 2010, he realized his mistake, sparking his disciplined buying strategy – a testament to the power of hindsight.

The Power of Compounding: Chadha's ultimate goal is to accumulate 25,000 HDFC Bank shares. His story highlights the importance of avoiding premature exits and harnessing the magic of compounding. He emphasizes that his colleague who stayed at HDFC Bank saw their ESOPs grow to a staggering ₹15 crore by comparison.

HDFC Bank's Current Performance:

As HDFC Bank prepares for a potential bonus issue, the stock trades near all-time highs, reaching ₹2,027.40 on the BSE. The share price hit ₹2003 today, July 17th. This reflects strong investor confidence in the bank's fundamentals. The stock has shown impressive growth, up 12% in 2025 and 23% over the past year, making it a favorite among institutional and retail investors.

Key Takeaway: Chadha's approach serves as a powerful reminder of the importance of long-term vision, disciplined investing, and the undeniable power of compounding in wealth creation.