The post How to Check Holdings in Samco App? first appeared on Support | Samco.

Every stock investor aspires to become wealthy over time.

However, only a handful of the long-term investors are able to see it through to the end.

There are several reasons for investors to give up in the middle of the process. The common reasons are because it is time-consuming and exhausting.

This results in failure to achieve their financial goals that they had set out for

In order to reach your financial goals with long-term stock investments, you must always adhere to these 3 virtues:

• Commitment, 
• Discipline, 
• Willingness

Once you start following these 3 values in your life, you will see how simple and achievable your money development path becomes. 

The Path of SIP:

After you’ve set your eyes on the goal, the next step is to start systematic and regular equity investments in quality stocks and hold them for the long term. This approach ensures that you capture the market at its highs and even its lows.

Up until now, equity investments in a staggered manner could only be done automatically with mutual funds or manually with individual stock purchases; again, a tedious process.

To eliminate the hassles of regular equity investments, we have created Stock SIP, one of the advanced features on the Samco app that will aid you to make automated regular investments in your selected stocks at a specific interval.

Understanding Stock SIP:

Let’s first understand what Stock SIP is and how it works.

Stock SIP is a simple way to invest in equities. It allows investors to acquire stocks in a systematic (quantity-based) way on a regular basis (monthly). It is the best investment strategy for long-term investors as it enables you to take advantage of the market’s unpredictability by implementing a disciplined investing plan.

Benefits of doing Stock SIP:

These are 4 benefits of doing Stock SIP that will help you to create wealth in the long run:

1)  Disciplined Investing

The benefit of doing Stock SIP is that it helps you invest in a disciplined manner. By doing Stock SIP, the habit of investing frequently will not seem burdensome. 

Also, instead of leaving all your money in the bank and earning hardly 3.5% interest rate, you could invest a small amount in stocks each month and potentially earn higher returns in the long run.

2) No Need To Time The Market

The second advantage is that you need not worry about timing the market.

Timing markets is extremely essential because if you are invested at the top of a cycle you tend to lose your capital when the prices correct. But with Stock SIP, the timing problem is entirely solved because at the top when the price is higher, you’re simply buying fewer units, which averages out when you’re again investing at the bottom and buying more units. Therefore, no headache to time the markets.

Imagine if you invest a lump sum and the market crashes later by 30%, you’ll end up suffering huge losses. Let’s say if you had invested before Mar 2020’s fall and later markets crashed, you would’ve made deep losses and your wealth would have eroded. But if you had made a SIP in it then it would affect only a part of your investment and hence your losses would have been lesser.

3) It’s Like Your Own Mutual Funds

Another advantage of Stock SIP is that you’ll have your own small mutual fund that you’ll be running. You can have a diversified portfolio of stocks which will be easier to maintain and will help you build wealth in the long run.

4) Doesn’t Require Huge Capital To Start With

Stock SIP doesn’t demand higher investment at one go.

With Stock SIPs, you can spread and plan your investment requirement in this manner because you don’t need to buy everything in one go and you can invest as you earn. You can also increase your investment as and when your salary grows with inflation.

Selecting the Right Stocks for SIP:

Selecting the right stock is equally important as making regular investments to grow your wealth. 

In order to select quality stocks for long-term investment, you can refer to the ratings on each stock on the Samco app. These ratings are derived from Samco’s Stock Ratings matrix, which identifies the stocks based on several different fundamental and technical parameters.

Then, all you need to do is start investing in those highly-rated stocks every month which can be done easily using the Stock SIP feature on the Samco App.

Start your Stock SIP on Samco

Follow the steps given in this video to start your Stock SIP on the Samco app.

We hope this article covered everything on Stock SIP. In case of queries, you can get in touch with us on 022-2222-7777 or raise a support ticket here → 

The post What is Stock SIP and its benefits? first appeared on Support | Samco.

Unified Payment Interface (UPI) is an initiative by National Payments Corporation of India’s (NPCI). UPI gives you the facility to transfer the fund by your registered bank account with Samco through any of UPI mobile application (BHIM, Paytm, PhonePay or banking mobile app etc.)

Here are the steps to transfer funds using UPI through the Samco App:

1. Open the Samco App and login with your Client ID, password and year of birth.
   
2. Go to the ‘Account Settings’ option and then click on ‘Add funds’ option.

3.  Then select the payment method as ‘UPI’.

4.  Enter the details such as the amount, bank name, mode of payment (Gpay, bank, or WhatsApp) and proceed       further.

5.  You can also select the option of other UPI ID if you do not wish to transfer funds via the above-mentioned modes. You just need to add the amount, select the bank name and the mode of payment.

After submission of all the details, you will be redirected to the UPI App which you have selected. To complete this transaction, you need to enter your six/four-digit UPI pin and your fund will be transferred successfully, if all the details are entered correctly.

Please ensure that the payment is made from your registered bank or else the payment would be rejected.

Note: – The amount entered by you in amount section should be between Rs.51 To Rs.1,00,000 Max in UPI.
After completion of all the above-mentioned process, now you will see your transferred fund in Quick Stats under ‘Payin Today’.

You can also complete the transaction the Old way by entering your VPA ID. VPA (Virtual Payment address ):- VPA / UPI is a unique identifier that your bank uses to transfer money. You can get this from the UPI mobile app.

Watch this video to understand how to transfer funds

Note:  Please ensure that the new transfers are made only from the UPI’s collected request and NOT made using SAMCO’s VPA (For eg: UPI ID- Atom@Hdfcbank). If you make a transfer using Samco’s VPA directly, the money won’t reflect in your balance and you will have to raise a ticket for the credit or refund.

When you transfer funds via the payment gateway, payment gateway charges and applicable service taxes shall be applicable.

The post How to transfer fund through UPI in Samco App? first appeared on Support | Samco.

Here you can enter details like the Product type (CNC, MIS, NRML, BO, CO), the order types – (Limit, Market, SL, SL-M), Validity, Quantity & price. The beauty of the Samco app is that it pre-fills the above details according to the type of trader / investor.  If any thing is incorrect the app is designed to alert the user on this window itself and not after the trade is sent to exchange thus saving precious time in the markets.

For sending the order to the respective exchanges there are 2 choices available

• Preview Order – Here, before sending the order to the exchange, you can reconfirm the details entered and then send so that any error occurred during order placement can be checked and rectified thus avoiding any losses due to typo mistakes.

• Quick Trade – This option is available to quickly send the order to exchange and not be left out because of the rapid price movements making it one of the quickest order placing app in the stock and commodity markets. Once you click on Quick Trade you will directly receive a confirmation that the order has been sent to the exchange.

You can also place an order through the Samco window. Just click on the Scrip name above the note on the left side.
It will take you to the selection window where you can either select to buy/sell or check the quote & details. If you click on Buy or Sell it shall take you to the order window from where you can place the order.

Similarly, you can tap on the scrip from anywhere in the app say holdings, positions, search window, etc and you will get the a similar selection window from where you can go ahead and place the trade without the need to add the scrip to the watchlist first.
Experience the quickest trading app – Samco today!


For more articles on Samco app visit Samco App section on Knowledge Center You can also find many useful articles on trading, investing and market knowledge, visit our Knowledge Center section. You can also refer the tutorial video on how to place a buy and sell order.

The post How to trade using the Samco App? first appeared on Support | Samco.

You can download the SAMCO Mobile Trade application for IOS platform by clicking on the following link
http://goo.gl/W2nOE7
Or Visit the IOS App Store on your IOS mobile device and Search SAMCO Mobile Trader Click on get Button and wait for the app installation to complete and you are good to go.
Watch the Video Tutorial to Learn How to Download the SAMCO Mobile Trading App

The post How to download SAMCO Mobile Trading App? first appeared on Support | Samco.