Autoinvest FAQs

How much amount needed to maintain in account every month?

AutoInvest orders are executed according to the margin in your trading account. The margin amount can be used as both security margin and cash margin. You can view the balance of your account after the AutoInvest order is executed and …


How does SIP Instructions are modified?

Modifying your SIP instruction can be done by clicking on "Modify" in SIP status. The modify page only allows you to change Period, Quantity, and Frequency. You cannot also edit the SIP start date , Stock Name, Exchange, or SIP …


Can SIP instruction be cancelled?

Yes.Your online trading account has an AutoInvest Status page that allows you to cancel your SIP instruction. Individual scrip orders can be cancelled by visiting the AutoInvest Status page trading account. All future orders placed against such SIP Instruction number …


How can someone register for SIP?

You will need to follow the 3 simple steps below to get started with AutoInvest. Click on "AutoInvest" and go to Place Order You will see the link "Register an IP" if you have already activated this service. Click on …


Is any additional charge there ?

No.


Define Frequency and Total period.

The frequency is the time period after the start date when you want SIP orders placed in your account. The order must be executed at least once. These are the frequencies and maximum periods that are allowed. Frequency Maximum allowed …


Describe SIP name and its importance.

AutoInvest allows you to choose a name for each new SIP. This feature allows you to tag your SIP objectives and keep track of its dues. You can name your SIP in the names of your spouse, your child, or …


Describe 'Quantity based ' SIP?

Quantity-based AutoInvest is a type of SIP where a fixed number of shares of the desired scrip are purchased at each frequency.


Describe 'Amount' based SIP.

An SIP type called "Amount-based AutoInvest" is one which invests some fixed amount or almost the same in your preferred scrips at every frequency.


What kind of autoinvest instruction be choosen?

You can choose either Amount-based or Quantity-based SIP Instructions. At the time you place the AutoInvest Instruction, you can choose the option that interests your preference.


Differentiate between autoinvest instruction and autoinvest order.

AutoInvest Instruction allows you to place buy orders according to the instructions in the Instruction. AutoInvest orders are orders that you authorize via the SIP Instruction.


What do you mean by autoinvest instruction?

An AutoInvest Instruction allows you to instruct your bank online to place orders for buys in your account according the information provided. Orders will be placed for you on the specified dates, as per the SIP Schedule.


What does autoinvest mean?

AutoInvest is a new service that allows you to take advantage of SIP (systematic investment planning) in select Stocks. An SIP allows you to invest in stocks of your choosing at regular intervals.


Who can avail this facility?

Online traders can enjoy this facility.