A Stock SIP (Systematic Investment Plan) allows investors to invest in stocks at regular intervals—weekly or monthly—rather than making a lump sum investment. This helps in averaging the cost of investment and reducing market timing risks.
How to set up a Stock SIP on Lakshmishree (Shree Varahi):
- Search for the stock in which you want to invest.
- Select 'E-SIP' option on the stock’s page.
- Choose frequency—Daily, weekly or monthly SIP.
- Select either the number of shares or the amount you want to invest.
- Confirm and start your SIP—Lakshmishree will automatically execute the investment at the chosen interval.
Stock SIP is a disciplined investment approach that helps in wealth creation over time through regular investments.
Note: If the SIP date falls on a Market Holiday, the order will be executed on the Next Working Day.