On Dhan, it is possible to invest in Stocks using SIP - either weekly or monthly SIP.
Starting SIP on Dhan is simple - just search for any stock in which you want to invest using SIP, on the screen that opens you have an option to start SIP and later choose a option weekly or monthly, you also have option to either select number of shares for SIP of the amount that you want to invest.
A Systematic Investment Plan or SIP is a smart and hassle-free mode for investing money. SIP allows you to invest a certain predetermined amount at a regular interval (weekly, monthly, quarterly, etc.). You must also know that SIP in Stocks and SIP in Mutual Funds are totally a different concepts. Here is how SIP in Stocks is different from SIP in MF.
Power of compounding: SIP operates on the principle of compounding or receiving compound interest on your investments. In other words, a small amount invested for a long time period would fetch better returns than a one-time investment. Here are 5 benefits of SIP investment that you must know!