What are the customisable features available for DIY (Do-It-Yourself) Smartfolios SIPs?
Smartfolios are an easy way to create and invest in your own basket of stocks. Use the DIY (Do It Yourself) feature via our platform to create your own basket of stocks. The below options can be customized while creating your own basket:
• Investment Amount
• Allocation: Quantity-based or weightage-based
• Payment: Ledger (trading account fund balance)/NACH (to auto debit from bank account and credit to trading account ledger)
• Investment frequency: Monthly or Weekly
• Tenure: Number of installments of the selected frequency
After registration of the DIY basket, you will be able to modify
• Investment Amount
• Securities: Add new securities or remove existing securities
• Allocation: Modify quantities for quantity-based SIPs and weightages of individual securities for weightage-based SIPs of added stocks. However, allocation type cannot be changed.
• Tenure: Extend the number of installments of selected frequency.
To know about creating DIY SIP, please refer to "Can I create my own Smartfolio? How?"
Register a NACH mandate to enable smooth and uninterrupted payments for your Smartfolios SIPs. Still need help? Create Ticket
