Equity SIP is a facility offered by AxisDirect with which you can invest systematically and in a disciplined manner for collection of one or more stocks or Exchange Traded Funds (ETFs) and has a common trigger date and frequency in a single SIP. It allows you to invest in stocks or ETFs by making periodic investments (Daily, Weekly, Fortnightly and Monthly).

For e.g. Equity SIP allows you to pay 12 periodic investments of Rs. 2,000/- per month instead of one-time investment of Rs. 24,000/- for collection of stocks or ETFs.