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Is zerodha good for SIP?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Zerodha is India's #1 Stock Broker Zerodha is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in stocks, currencies, commodities, IPOs, futures & options, bonds, government bonds and direct mutual funds. Zerodha is known for its low brokerage fees, and its Kite platform offers direct mutual fund plans with no transaction fees or commissions.

The key features of Zerodha's equity SIP are as follows:

  1. 50 SIPs can be placed.
  2. A reminder email will be sent before the scheduled SIP date.
  3. Stock SIPs are completely free of charge.
  4. Existing order baskets can be linked, or a new basket can be created.
  5. A user can link 3 baskets to a SIP and create 5 schedules for the month.
  6. Stock SIP orders are a CNC-only product, and market or limit orders are allowed via SIP.