If you want to build wealth steadily without stressing about timing the market, a stock SIP (Systematic Investment Plan) on Zerodha’s Kite platform is a simple, reliable way to do it. Think of it as putting your equity investing on autopilot — you pick the stocks/ETFs and Zerodha places the orders on your chosen schedule.
This guide will walk you through what a stock SIP is, how it works in Zerodha, step-by-step instructions to set it up, costs involved, expert tips, and common mistakes to avoid.
What is a Stock SIP on Zerodha?
A stock SIP lets you schedule repeat buy orders for one or more instruments (stocks or ETFs) at fixed intervals — daily, weekly, fortnightly, or monthly — using Zerodha’s Kite “SIP” + “Baskets” feature.
Instead of committing a fixed rupee amount, you generally buy a fixed quantity of each security inside a basket. Kite then sends market orders at your set time.
➤ Why baskets? Because you can SIP into multiple stocks/ETFs together with one schedule, and edit or reuse that basket anytime.
Key Benefits of Stock SIP in Zerodha
➤ Hands-off discipline: Orders are placed automatically on your set dates and times.
➤ Flexible frequency: Choose between daily, weekly, fortnightly, or monthly intervals.
➤ No strict minimum amount: Buy by quantity, not fixed rupee value.
➤ Zero brokerage for delivery: Pay no brokerage for delivery trades (only statutory charges).
➤ Holiday handling: If your SIP date is a trading holiday, it executes on the next trading day.
Prerequisites Before Starting
➤ An active Zerodha account with Kite access.
➤ Sufficient funds in your trading account or an e-mandate set up for automatic transfers.
➤ A list of stocks or ETFs you want to invest in regularly.
➤ The quantity you want to purchase for each security per SIP cycle.
How to Create a Stock SIP on Kite Web
➤ Log in to Kite (web).
➤ Go to Orders ➜ SIP ➜ New SIP.
➤ Click New basket and add the stocks/ETFs with quantities.
➤ Save your basket.
➤ Name your SIP and select your basket.
➤ Choose date, time, and interval (daily/weekly/fortnightly/monthly).
➤ Click Create to activate your SIP.
How to Create a Stock SIP on Kite Mobile App
➤ Open Kite app and go to Orders ➜ SIPs ➜ New SIP.
➤ Enter a SIP name.
➤ Create a new basket or link an existing one.
➤ Add your chosen stocks/ETFs and quantities.
➤ Select date, time, and frequency.
➤ Tap Create to save your SIP.
Pro Tips for a Successful Stock SIP
➤ Use market orders in your basket to ensure timely execution.
➤ Stagger SIP times if you have multiple SIPs on the same day.
➤ Plan for market holidays to avoid cash mismatch.
➤ Keep the basket small and focused on quality stocks/ETFs.
➤ Review quantities annually and increase gradually.
➤ Maintain liquidity — ensure funds are available before SIP dates.
Funding Your SIP
➤ Maintain adequate funds in your trading account.
➤ Or set up an e-mandate via Zerodha Console to auto-transfer funds before SIP execution.
➤ Always schedule transfers a few days before the SIP date for smooth execution.
Charges Involved
➤ Brokerage: ₹0 for equity delivery.
➤ Other Charges: Exchange transaction charges, STT, GST, SEBI fees, and stamp duty as applicable.
➤ Use Zerodha’s Brokerage Calculator to know exact costs.
Managing Your SIP After Creation
➤ Go to Orders ➜ SIP in Kite to edit, pause, or delete a SIP.
➤ If the date is a market holiday, the SIP executes on the next trading day automatically.
Example SIP Plan
➤ Basket: 2 shares of Stock A, 1 share of Stock B, 3 units of ETF C.
➤ Frequency: Monthly on the 7th at 10:30 AM.
➤ Funding: E-mandate scheduled for the 4th to ensure funds are ready.
➤ Result: Automatic buying every month without manual intervention.
Smart Practices for Long-Term SIP Success
➤ Diversify between sectors and include broad-based ETFs.
➤ Review performance annually instead of reacting daily.
➤ Increase quantities as your income grows.
➤ Avoid too many small holdings to reduce complexity.
➤ Focus on liquid stocks to avoid execution delays.
➤ Stay consistent — SIP works best with discipline.
Quick FAQs
➤ Can I run multiple SIPs on the same day? Yes, but only one SIP per time slot.
➤ Is there a minimum amount for stock SIP? No, you buy by quantity.
➤ What if my SIP date is a holiday? It runs on the next trading day.
➤ Can I edit my SIP later? Yes, anytime from the SIP section in Kite.
➤ Does Zerodha charge brokerage for SIP? No, only statutory charges apply.
Conclusion
Creating a stock SIP in Zerodha is an easy and effective way to build wealth consistently. With baskets, flexible scheduling, and zero delivery brokerage, it’s a tool that works even when you’re busy.
By setting it once and letting it run, you can invest regularly, remove emotions from the process, and focus on long-term growth.
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