Systematic Investment Plans (SIPs) have long been a trusted ally for investors looking to build wealth steadily over time. But when it comes to equity investments, traditional SIPs often fall short in offering the flexibility and control that investors truly need. We believe innovation should solve real challenges, which is why weâre thrilled to introduce Smart Equity SIP, a groundbreaking product designed to empower you with smarter choices in your equity investment journey.
What makes Smart Equity SIP stand out? Letâs dive in.
A First-of-Its-Kind Equity SIP with Unique Features
While several platforms offer equity SIPs, Smart Equity SIP takes it a step further by introducing two game-changing features:
1. Price Range Selector
Timing the market might be challenging, but setting boundaries isnât. With the Price Range Selector, you gain control over your investment by setting a price range for your chosen stock or ETF.
How it works: You specify a price range, and if the stock price moves beyond your set limit on a scheduled SIP date, the SIP is automatically skipped for that period.
Why this matters: This feature protects you from investing when the stock is overpriced, ensuring you stay true to your investment strategy.
Example:
Suppose youâve selected a stock like TCS for your SIP and set a price range of âš3,200ââš3,400. If the stockâs price exceeds âš3,400 on the SIP execution day, the system skips that particular installment, ensuring you avoid buying at inflated prices.
2. Expiry Settings
Flexibility is at the heart of smart investing. With Smart Equity SIP, you can set an expiry condition for your SIP based on:
Quantity: Stop your SIP once youâve purchased a specific number of shares.
Invested Amount: Set a total amount you want to invest in a stock. Once the threshold is met, your SIP concludes.
Date: End your SIP automatically on a specified date.
Example:
Letâs say you want to invest âš50,000 in Reliance Industries over time. Once your total investment hits âš50,000, the SIP stops automaticallyâno need for constant monitoring.
These innovative features make Smart Equity SIP a tailor-made tool for investors who value control, precision, and strategy in their equity investments.
Power of Compounding: The Engine of Wealth Creation
No conversation about SIPs is complete without touching upon the power of compoundingâthe magical process of earning returns on your returns. Over time, compounding amplifies your wealth, making early and consistent investing highly rewarding.
Example: Imagine investing âš10,000 monthly in an equity SIP with an average annual return of 12%. After 10 years, your total investment of âš12,00,000 grows to over âš23,00,000ânearly doubling your principal. Stretch this to 20 years, and your âš24,00,000 investment skyrockets to over âš76,00,000!
Smart Equity SIP, with its unique features like Price Range Selector and Expiry Settings, lets you harness this power effectively by optimizing your entries and staying disciplined.
How to Access Smart Equity SIP
Accessing this cutting-edge feature is straightforward on both our web and mobile platforms:
On Web: Go to the Order Window > Smart > Smart Equity SIP
On Mobile: Navigate to Order Window > Smart > Smart Equity SIP
With an intuitive interface, setting up and managing your Smart Equity SIP is a seamless process, whether youâre an experienced investor or just getting started.
Why Choose Smart Equity SIP Over Conventional Options?
Most equity SIPs in the market focus solely on automating investments at regular intervals, leaving little room for adaptability. Smart Equity SIP, however, gives you:
Market Awareness: Avoid investing when prices are unfavorable with the Price Range Selector.
Goal-Based Investing: Achieve specific investment goals with expiry settings.
Effortless Automation: Enjoy a hands-free investing experience without compromising on customization.
Imagine, youâre building a portfolio of top-performing large-cap stocks but want to ensure your total exposure to a single stock doesnât exceed âš1,00,000. With Smart Equity SIP, you can set an expiry condition based on the invested amount, giving you peace of mind and full control.
Conclusion
At FYERS, weâre committed to simplifying investing for everyone. With Smart Equity SIP, weâre not just giving you another equity SIP optionâweâre empowering you to make informed decisions without the hassle of constant market tracking. This product is part of our larger vision to blend technology and innovation, making the world of equities accessible to everyone.
Get Started Today
Why settle for basic when you can go smart? With Smart Equity SIP, youâre not just investingâyouâre investing with strategy. Whether youâre building wealth for the long haul or aiming for a specific goal, this is your cue to level up and let your money work as smart as you do.
Ready to make your money work smarter? Log in to FYERS Web or App, and set up your Smart Equity SIP today.