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ICICI Direct SEP - Systematic Equity Plan is a platform where investors use a systematic approach for investment in equity.
This is Equity SIP plan where you invest in selected equity on daily/weekly/monthly/quarterly or annual basis.
You need to define script name, action, SEP Type (Amount/Quantity), Frequency, Total Period and Start date. All SEP orders are market order and will execute on market price depending on the viability of funds.
Equity Sip or Systematic Equity Plan (SEP) is the best way to invest to average your equity holdings. This type of investment is for the long term.
Steps to Invest in SEP or Equity SIP with ICICIDirect –
Other tabs are available like SEP Request Book, Existing SEPs, SEP Stock List, ETF SEP Stock List, Value Picks for SEP.
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