General

Why were only some of my stocks purchased under Stock Basket SIP?

At the time of order placement, in case the value of the SIP portfolio exceeds the minimum investment value, then it is possible that some of the stocks may not be purchased, and hence the total value of the purchase shall be less than or equal to the minimum investment value as defined in the portfolio.

Also, where SIP is placed on weights, in case of change in CMP of any stock, the number of shares will be calculated on the original weights as defined. If the number of shares is less than 1, then order for that stock will not be placed.

To ensure successful order placement of SIPs, a buffer of 10% above minimum investment amount needs to be allocated to one’s Bank account/Equity section of Trading account.

In cases other than SIP, to ensure successful order placement in case of One Time, a buffer of 2.5% above the investment amount needs to be allocated to one’s Bank account/equity section of Trading account.

In case of insufficient funds, an allocation pop up shall be displayed with the required amount.