How do I opt for Systematic Investment Plan (SIP) online?
a. Select SIP in Place order page and then click on Create a Systematic Plan to place SIP order. b. Click on Place Order button against your desired scheme. A screen will appear with the details of that scheme similar to that in the Purchase screen. In addition to these details you will have to fill up the frequency with which the investments will be made and the start date. From the date specified a fixed amount will be debited from your Buying Power. Kindly ensure that adequate clear funds are available in the buying power of your trading account for SIP to be effective. Please note that the SIP amount due shall be debited from your Buying Power and not from your Bank Account. You can choose either growth or redemption in one scheme. In case you do not have sufficient clear funds in your Buying power for any SIP month, the SIP for the month would be rejected. c. Click on Proceed for Confirmation and on confirming all the details, click on Final Confirmation d. Modify or Cancel option
