FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Now Zerodha discount broker offers Equity SIP / Stocks SIP facility to its customers. So if you are interested in Stocks SIP or Equity SIP then Zerodha brings for you Zerodha Kite mobile app or website trading platform through which you can easily start Equity SIPs. Follow the given procedure to start Equity SIP :-
After you place your order, you can review this order in the "Order History" or "Holdings" section. Also, you can change the SIP at any time according to your needs.
In Equity SIP, the client wishes to invest in a specific script on a regular interval (Daily, Weekly, Monthly or any other interval). This is similar to Mutual Fund SIP, the only difference is your need to plan your Shares/ETFs. The client can buy Stocks/ETFs using fixed quantity (Quantity Based) or fix amount (Amount based) basis.
Zerodha does not charge any brokerage for the Equity SIP facility. And there is no minimum amount required to start equity SIP. But on buying /selling the Stocks you need to pay brokerage of Rs 20 (on both sides).
If you want to buy shares automatically at a predefined time for Equity SIP, then you need to approve the E-Mandate feature on Zerodha Kite for this service. This e-mandate service transfers funds from the bank account to the Zerodha trading account, which are then used to purchase stocks on the specified date.
Zerodha Trade@20
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