How do I Buy a Growbox Basket?

How do I Buy a Growbox Basket?

  1. To invest in a Grobox sign in with IIFL credentials.  When you buy/sell a grobox basket, the stocks/ETFs featuring in it will be credited or debited to your account. The minimum investment amount may vary depending on the stocks or ETF that make up the basket.
  1. First, access the Grobox platform by logging in through your IIFL demat account. Select the basket of your choice. You can see what stocks make up the portfolio and in what proportion, and the investment rationale. Analytics are also available comparing the returns in the basket to the index, and individual investment returns.
  1. Once the Grobox basket is selected to be bought it can be done by one time payment. The investor can also choose a Monthly/ Quarterly SIP system to invest regularly based on a predetermined period. A Grobox basket can also be bought through a one-time purchase of the underlying securities in a Grobox.
  1. To place an order, the investor should select the basket that she wants to invest in and confirm the order. Once the order is confirmed, the trades will be executed through your demat account linked to Grobox.
  1. The other way to invest is to invest systematically (SIP) within a defined period of time like a month, or a quarter. The transactions are executed through your Demat account.

 

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