Following are the features of Equity SIP:
• To invest in one or more stocks or Exchange Traded Funds (ETFs).
• An option to invest in Equity SIP either by Amount or Quantity at regular intervals.
For e.g. You can either invest Rs. 2,000/- buy 10 shares (considering price as Rs. 1,000/- per share) of one or more stocks/ETFs on frequency defined for a defined interval.
• Invest on a daily, weekly, fortnightly or monthly basis.
• An option to pause/restart/modify/cancel your SIP request as per your convenience.
• Flexibility of investing in your desired stocks/securities through SIP mode