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What is the minimum and maximum SIP amount?
The SIP amount is inclusive of brokerage and statutory charges. The executed order amount will never exceed the SIP amount.
The minimum SIP amount is ₹100, and it must also be at least equivalent to the cost of buying 1 share of the selected stock or ETF at the current market price (LTP), including applicable charges.
Most banks support AutoPay up to ₹1,00,000, while some support up to ₹15,000. If your bank has a lower AutoPay limit than your selected SIP amount, you will be prompted during mandate setup to revise the amount.
Note: There are no extra fees for a stock SIP on Share.Market. If your bank charges a fee for AutoPay, please note that this is handled by the bank directly and is not deducted from your SIP investment amount.
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