Once you have found your smallcase, you can buy it in 3 taps. By clicking on Buy smallcase, you would need to confirm the investment amount and how you'd like to buy it.
As a SIP:
You can buy the smallcase on a monthly SIP basis. With SIP, your first instalment will always be an amount equal to or greater than the minimum investment amount of that smallcase. This is to ensure that the weighting scheme is maintained to remain true to the underlying theme/strategy/model of the smallcase. You can simply tap on Confirm Amount > Start Monthly SIP
SIP orders are not placed automatically. When the SIP is due, you will receive a notification and will be able to execute the SIP in just a couple of clicks. You can edit the SIP settings when required.
As a one time investment:
For those who do not wish to set up a SIP in the smallcase, you can simply click on One Time to invest in the smallcase as a lumpsum investment. Your investment amount should be equal to or greater than the minimum amount. The amount you enter is adjusted to ensure the weights of the stocks are closest to the required weighting scheme.
When you confirm the amount, a check is done to see if you have sufficient funds in your trading account to buy the smallcase. In case of insufficient funds, you'd be prompted to add more funds before proceeding with the purchase.
Note : You cannot invest an amount less than the minimum investment amount (this is to ensure the weighting scheme is maintained). You can invest an amount equal to or greater than this (need not be a multiple). The amount will be auto adjusted depending on the current market prices of the constituent stocks. This is to ensure the weights of the stocks purchased are as close to the required weighting scheme as possible.