What is a stock split? Why does a company split the shares?

Without affecting the overall value of your investment, a stock split occurs when a business divides its existing shares into multiple ones in order to increase the number of shares it owns.

How to set up a stock SIP?

Steps to set up a stock SIP:

1. First download and then log in to the “MoneySukh Pro” app.
2. To download the application, follow the below link:

• For Android, Click here
• For iOS, Click here
• For Web Application, Click here

1. Then go to the orders section; these “SIPs” options are given.
2. From there you can easily create your stock SIP.

When will my stock SIP order get executed?

On MoneySukh (or any comparable platform), your stock SIP order is normally executed on the designated SIP date, provided that:

1. You have enough money in your trading account.
2. On the SIP date, which is not a weekend or holiday, the market is open.
3. During market hours, the order is placed.

What is quantity-based vs. amount-based SIP?

While amount-based SIP invests a set sum of money regardless of the share price, quantity-based SIP consistently purchases a set number of shares.

When would Moneysukh place my auto-invest orders?

Your chosen scheduled SIP date during setup is usually when MoneySukh places your auto-invest orders (such as stock or mutual fund SIPs)

Terms & Conditions:

1. On the date you have chosen, such as the fifth of each month.
2. If the market is open, during market hours.
3. The order is placed on the following trading day if the SIP date falls on a holiday or weekend.
4. Make sure your trading account has enough money before the SIP date.

How much money should I maintain in my account every month?

A day prior to the SIP date, you should have at least the entire amount of your planned SIPs or auto-investments in your MoneySukh trading account.

Why are split shares not visible in my holdings?

There are several common reasons why split shares might not be immediately apparent in your holdings:

• Potential Causes: Settlement Delay: After the record date, it typically takes one to two working days for the split shares to be credited to your Demat account.
• Broking App Not Updated: Even after credit, it occasionally takes more time for your broker's app to display the updated quantity and price.
• Record Date Confusion: You will not be eligible for the split shares if you purchased the stock after the record date.
• Technical Error or Sync Problem: Your broker or CDSL/NSDL syncing data may be experiencing a brief problem.

What is the consolidation of shares?

Consolidation of shares, also known as a reverse stock split, is the process by which a business lowers the number of shares by combining several existing shares into a smaller number of more expensive shares.

How does the split ratio work?

The number of new shares that a shareholder will receive for each existing share is determined by the stock split ratio.

Example of a 2:1 Split: You owned 100 shares at a total value of ₹200, or ₹20,000.

200 shares at ₹100 each after splitting equals ₹20,000.

Why has my average price decreased due to the stock split?

After a stock split, the price per share is changed to reflect the increased number of shares, which lowers your average price, but your total investment value stays the same.