How to Make SIP of Specific Company Share in Your DEMAT Account

You surely have opened your RD account or SIP of your mutual fund. Now, you can open SIP of your specific shares. SIP  means systematic investment plan in which you make habit  to invest every day week or month like saving habit in your RD. When you fixes this setting in your DEMAT account, your DEMAT account will deduct your Money every month or week or day for specific period, and invest in your given shears or  stock or group of companies in specific basket which you will create. 

And with this,  your manual work of invest every month will decrease and your productivity will increase in investing in share market. So let's start to learn. 

 1st Step  Choosing Your DEMAT Account  

First of all, open your DEMAT account with the ID and password and you have to open in web browser only. We will unable to make sip of specific company in App. I have demat account in SBI Securities, so I will share next step in it. If you have other company DEMAT account, check its browser. 

 2nd Step   Use Search Box of Your DEMAT Account   

Now, search your specific company in above search box in which you want to invest to support. My favorite is Infosys, so I searched it and it's detail will come. 

 3rd Step   Choose SIP Option  

Now, you see three options. Buy, Sip and sell. Click on SIP. 

 4th Step   Choose SIP Type  

Now you have to go, sip type page. You have to select the amount or quantity of for your SIP. 

Quantity is better. If you Want to buy share at any cost in your SIP. In your time period. After some time, which you have fixed do in a frequency of your SIP. 

The amount is best. If you want to minimum invest in every month, every week, or every day of frequency. Suppose I selected quantity of my sip. 

 5th Step   Setting Up Your SIP  

I will go to next page where I have to add some settings. 

a) I have to fix total period. It must be twelve months or24 months or  as your desire. 

b) I have to fix frequency means after one month or one week or one day, my SIP will go. Normally, if I have the SIP for 12 months, and I want to automatically invest every month by my system in my DEMAT account. I have to start date, which I have to write. 

c) When all settings will be done by you, then you  tick the " I agree term and conditions" and then place the orders. 

 6th Step   See the Status of Your SIP Your Shares  

 

Now, see your status in the Sip requests book where you see, which sip is working. And if you do not want one sip, either pause or delete in its modify option

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