Systematic Equity Plan or SEP allows you to invest small sums of money regularly in selected stocks to reap good returns. You can buy shares within a fixed amount at regular intervals as per your requirement.
Example: We Opt a SEP for Rs 5,000 to invest in Idea Cellular. If we consider approx price as Rs 110.30 per share, we can buy (Rs 5,000 / 110.30 per share) 45 shares approx which costs to Rs 4,963.50 which is within the fixed amount indicated.
|ICICI Pru FMP - Sr.81 - 1211Days Plan A - Dir (G)||9.44|
|ICICI Pru FMP - Sr.81 - 1211Days Plan A - Reg (G)||9.29|
|Kotak Asset Allocator Fund - Direct (D)||7.79|
|Kotak Asset Allocator Fund - Direct (G)||7.79|
|Indiabulls Arbitrage Fund - Direct (Div-H)||7.76|