A Systematic Investment Plan is one where you can invest a fixed amount of money into your smallcase at specified time intervals. The SIP feature is aimed at aiding you in developing a disciplined investment habit and to subdue the impact of market volatility.
If I have chosen SIP, will it automatically invest into my smallcase?
No. Here, SIP is more of a reminder to invest more. Once you choose to start SIP, you will receive an e-mail alert and an in-app notification when the SIP installment is due, at which point you can confirm and invest the SIP installment in just 2 clicks
What are the charges for starting SIP?
There are no additional convenience charges for starting SIP. The standard 5paisa charges would still apply.
Can I start SIP for my saved smallcases?
You can start SIP only on smallcases that you have purchased. In order to start SIP for a saved smallcase, you would need to primarily purchase the smallcase and then start an SIP
What is the amount I can invest through SIP?
The amount you can invest through SIP for a smallcase would be the same as the minimum investment amount for the smallcase at that point of time (since this is a real time figure). This amount cannot be altered. To start SIP for a smallcase, it’s essential that you purchase the smallcase first. After doing so, you can set up an SIP.
If I have chosen SIP, will it automatically invest more into my smallcase?
No - SIP is more of a reminder to invest more. Once you choose to start SIP, you will receive an e-mail alert and an in-app notification when the SIP instalment is due, at which point you can confirm and invest theSIP instalment in just 2 clicks.
What are the charges for starting SIP?
There are no additional smallcase charges for investing through SIP (with the exception of All Weather Investing and Smart Beta smallcases)
What is the amount I can invest through SIP?
The SIP amount for smallcases starts from Rs. 5000 - the amount is determined by the stocks in your smallcase as well as the current market prices.