What is a Basket Order?

What is a Basket Order?

A basket order is used to buy or sell a group of securities simultaneously. Basket order is essential for institutional investors and investment funds who wish to hold a large number of securities in certain proportions.
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    • How do I Buy a Growbox Basket?

      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 ...
    • How to create a basket?

      Select the create basket option from your profile to create your Grobox basket. On the next step add a name to your basket for a better understanding of the segment. Once the Grobox basket is named you can add the stocks in which you are interested. ...
    • Is Smallcase and Wealth Basket different?

      Yes, Smallcase and Wealth Basket are totally differnent
    • Bookmarking: track basket performance before investing

      Yes, The Grobox basket has a ‘+’ sign available, on the bottom right of the basket. Click on it and this will bookmark and add the basket to your watchlist list.
    • What is a Wealth Basket?

      A basket of Equities, or ETFs, curated by SEBI Registered IAs or Research analysts that helps you build diversified, long-term as well as short term portfolios. Each WealthBasket intelligently reflects an investment strategy, idea or objective using ...