Comment on Introducing e-Mandates – Now fund your SIPs automatically

Lindo commented on 30 Oct 2019, 12:02 PM

Hi Paul,

At Zerodha, we do not follow the conventional SIP model. All your orders are sent to the AMCs as lumpsum investment orders on your chosen SIP dates. This allows you more control over your SIPs. You can select the SIP dates and frequency as per your convenience & you can easily pause, modify or restart your SIP online without any hassle or document submission. The minimum amount that is shown on the Coin platform in such cases is the minimum first-time lumpsum investment amount, once that is done the additional purchases can be for lower amounts too.

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