What is my role as an investor in Stock SIP?

As an investor, your role is to:

1. Choose the SIP plan: Decide the stock, SIP type (amount-based or quantity-based), frequency, and duration.
2. Maintain sufficient funds: Ensure adequate balance in your trading account on the scheduled SIP date.
3. Monitor your investments: – Track performance, review SIPs periodically, and make changes if needed.
4. Sell when required – Stock SIP only facilitates systematic buying. You will need to place separate sell orders whenever you wish to book profits or exit.