What is the minimum amount for Stock SIP on Kite?
The Stock SIP feature on the Kite platform allows clients to schedule their investments. There is no minimum amount required for investing in Stock SIPs. Clients can create a Stock SIP on Kite based on the desired number of shares by creating a basket and adding stocks. The required margin to purchase these stocks can be viewed within the basket.
Is it possible to set an investment amount?
Investors are unable to specify an investment amount for Stock SIPs, unlike mutual fund SIPs. For Stock SIPs, it is not possible to indicate a specific investment value to determine the number of stocks purchased.
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