General

What is Stock SIP?

Stock SIP is a facility through which you can place buy orders for a prespecified amount or for a prespecified quantity in scrips of your choice at regular intervals over a period of time as selected by you. For instance, you can select a Stock SIP for a period of say 6 months to invest Rs. 2000 per month/ other permitted frequency in shares of BHEL or alternatively you can choose to buy 10 shares of BHEL every month/ other permitted frequency through Stock SIP.

After you have provided the necessary details i.e the scrip, amount/ quantity to be invested, frequency of investment, total time period and authorized ICICI Securities vide your Stock SIP request, I-Sec will place your Stock SIP buy orders at market price.