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What is SIP - How to Place SIP in Stocks & ETF - Daily, Weekly & Monthly SIP Explained | Dhan 2 года назад


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What is SIP - How to Place SIP in Stocks & ETF - Daily, Weekly & Monthly SIP Explained | Dhan

In this video you will learn what is SIP, and how you can place daily, weekly and monthly SIP on Dhan. What is covered in this video? 00:00 - What is SIP? 00:23 - How to place SIP on Dhan Web? 03:08 - How to place SIP on Dhan Trading App? -------------------------------------------------------------------------- What is SIP or Systematic Investment Plan? By the traditional definition, SIP facility allows an investor to invest a fixed amount of money at user defined intervals in the selected financial instrument. Many of us already have this enabled for our mutual fund schemes. -------------------------------------------------------------------------- How to place SIP on Dhan? You can now invest in this on a daily, weekly and monthly basis. All SIPs will get triggered at 10 AM. Step 1: Go to orders and click on SIP. Step 2: Click on start new SIP on the top right side. Step 3: Enter the stock or ETF you want to start your SIP in. Step 4: Lets say I have Federal Bank and click on it now I'll enter quantities, and then will select the SIP type monthly weekly or daily. Step5: If its monthly I'll choose the date of the month when the SIP will get triggered uniformly. Step 6: Then I'll click on set stock SIP and its ready! Now in this orders section you will be able to edit, delete or trigger the SIP as required by you. Another important point that you can note here is that when you go to portfolio and check your overall holdings, you'll notice the quantity shown in front of XYZ stock as XX but if you click on SIPs you'll see the quantity as X. So this helps to differentiate between the number of quantities as stock and as SIPs. -------------------------------------------------------------------------- What are some benefits of SIP? 1. Simple to invest 2. Rupee cost averaging 3. Investment flexibility 4. Compound interest 5. Minimum investment -------------------------------------------------------------------------- 📱 Download Dhan App and Start Investing & Trading in Stock Market. https://bit.ly/DownloadDhanYT 📱 Download Options Trader App for a Powerful F&O Trading Experience. https://bit.ly/OptionsTraderYT Follow us on: Twitter:   / dhanhq   Instagram:   / dhanhq   LinkedIn:   / dhanhq   Facebook:   / dhanhq   Telegram: https://t.me/JoinDhan ⚡ Dhan Website: https://dhan.co/ 🖥️ Dhan Web Trading Platform: https://dhan.co/web-trading-platform/ 📈 TradingView Charts Live FREE: https://dhan.co/tradingview/ 🔗 Super Fast Trading APIs: https://dhanhq.co/ 🗣️ Super Active Community: https://community.dhan.co/ 💡 Super Cool Blog: https://blog.dhan.co/ #SIP #OnlineInvesting #StockMarket #Dhan

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