General
What is Stock Basket?
Stock Basket allows customers to invest in theme based baskets of stocks/ETFs at a click. One can invest, monitor and exit the portfolios any time one wants at a click.
Stock Basket can be broadly classified into two categories – Research Recommended Portfolios and Custom Portfolios.
One can either invest lump sum or invest in a staggered manner by using SIP option, or through MTF (in select portfolios). One can choose the frequency of SIP as monthly/quarterly or yearly as per one’s preference.
Custom Portfolios give you the option to create your own portfolios by adding your favourite stocks in desired quantities. There is no minimum investment amount for Custom Portfolios. Using Custom Basket, up to 50 stocks can be added in one portfolio. Many such portfolios can be created.
A client can choose whether they want to make their investment through SIP or One Time. However, One Time and SIP are applicable for Cash product only.