Knowledge Base

Stock SIP is a feature on the Samco platform that lets you invest in individual stocks systematically the same way you would with a mutual fund SIP, but with direct control over which stocks you buy.

You pick a stock, set the quantity per instalment, choose a date, and Samco handles the rest automatically. Every time your SIP runs, shares are purchased at the current market price and added to your Demat account. Over time, your purchase cost averages out across market highs and lows; this is called price averaging.

Setting it up takes three steps:

1. Choose your stock
2. Enter the quantity and date
3. Set up an auto-debit mandate

Once done, your SIP runs without any further action. You need an active Samco trading and Demat account to get started, and the brokerage is a flat ₹20 per executed order.