FeatureStock SIPMutual Fund SIPDefinitionSystematic purchase of shares at fixed intervalsPeriodic investment in mutual fund schemesUnderlying AssetIndividual stocksBasket of stocks/bonds managed by a fund houseManaged BySelf-managed (investor decides stocks)Professionally managed by…

Yes. Each SIP installment is treated as a regular trade, and a contract note is issued for every execution with complete transaction details.

Most Stock SIPs are executed as market orders at the prevailing price on the SIP date. Some brokers may offer a limit SIP option — check if your platform supports…