The Profit & Loss – Equity report on Samco Star is a detailed summary of all your equity trading activity for a selected period. It shows your realised profits and losses across all equity trades, helping you track exactly how your positions performed. What the report covers: All closed equity […]
What are the brokerage charges applicable on Stock SIP orders?
Each Stock SIP instalment is treated as an equity delivery trade. Samco charges a flat ₹20 per executed order or 2.5% of the transaction value whichever is lower. So if your SIP buys 2 shares of a stock priced at ₹400 each (total ₹800), 2.5% works out to ₹20 which […]
Are there any additional charges for Stock SIP in Samco?
There is no separate fee for using the Stock SIP feature. The charges that apply are the same standard charges for any equity delivery trade. No SIP setup fee, no exit load, no annual fee specific to the Stock SIP feature.
Can I stop my Stock SIP anytime?
Yes. You can stop a Stock SIP at any time from the Samco app with no lock-in, no penalty. Stopping cancels all future installments for that SIP. The shares already accumulated in your Demat account are not affected; they remain in your holdings until you choose to sell them. If […]
Can I increase or decrease the investment amount in an active Stock SIP?
Yes. You can change the quantity (number of shares per instalment) of any active SIP at any time from the Samco app. Go to the Stock SIP section and tap the active SIP Tap the Modify button in the pop-up Update the share quantity per instalment Tap Modify SIP to […]
How do I track my ongoing Stock SIPs?
You can view and track all active Stock SIPs from the Stock SIP section in the Samco app. It shows each SIP’s stock, quantity, frequency, and next scheduled date. Shares accumulated through your SIPs reflect in the Portfolio or Holdings section, where you can see the current market value, average […]
Does Samco send reminders for upcoming SIP installments?
Yes. Samco sends notifications to your registered mobile number and email before each scheduled SIP date. This gives you enough time to check your bank balance and ensure funds are in place before the auto-debit runs. If you have multiple SIPs active across different stocks, these reminders are especially useful […]
Can I link my bank account for auto-deduction of Stock SIP?
Yes, and it is a required step for Stock SIP to run smoothly. Without an active auto-debit mandate, you would need to manually ensure funds are available before each SIP date. How to link your bank account: Complete the SIP setup in the Samco app Tap Setup Auto Debit for […]
What happens if there are insufficient funds on SIP date?
If your bank account doesn’t have enough funds on the SIP date, that instalment is skipped. The SIP itself is not cancelled; it continues from the next scheduled date as normal. Samco does not charge a penalty for a missed instalment. However, your bank may levy a return or bounce […]
How are payments for Stock SIP deducted in Samco?
Payments are deducted automatically through an auto-debit mandate linked to your bank account. You set this up once, and Samco deducts the required amount on each SIP date and executes the purchase with no manual action needed. Steps to set up auto-debit: After setting up your SIP, tap Setup Auto […]
Easy & quick