How to do SIP in stocks using HDFC sky app?

SIP in stocks is similar to SIP in mutual funds where an investor invest a fixed sum of money at regular interval of time in equity shares. HDFC Sky allows customers to do SIP in stocks to invest systematically in equity shares.

1. Log in to your HDFC Sky account on Android or iOS app.
2. Add the script to Market Watch.
3. Tap on the Buy option.
4. In the order pop-up window, select SIP order from the drop-down options.
5. Enter quantity, frequency (daily, weekly, monthly, fortnightly), and date and time.
6. Click on Start SIP and the SIP order will be placed on the exchange.

Note: You can also create SIP order for basket.