What is quantity based and amount based equity SIP?

Amount based SIP: In Amount based Equity SIP, investors need to specify a fixed amount to invest in the selected scrip at the desired interval.

Quantity based SIP: In Quantity based Equity SIP, fixed quantity of shares of your desired set of stocks are purchased at a determined interval selected by the investor. You can select any one of the two options while placing an equity SIP order.

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