SBICAP Securities IPO & MF Investment 2024

• SBICAP Securities Review
• Brokerage Plans
• Demat Charges
• Trading Platforms
• IPO
• Brokerage Calculator
• Account Opening
• Product & Services
• NRI Trading
• Branches
• FAQs
• Active Customers

SBICAP Securities product offerings include equity, F&O, currency derivatives, IPO, MF, and NCDs. Thus, one can invest in Initial Public Offerings as well as Mutual Funds with SBICAP Securities. Check here the comprehensive review about SBICAP Securities IPO and MF Investment.

IPO Investment with SBICAP Securities

Whenever a private company raises money from the public by issuing shares for the first time then it comes in the form of IPO, known as initial public offerings. SBICAP Securities Ltd, the full-service broker offers you the facility to invest in IPO through both the ASBA process and UPI. Both the Indian citizens as well as NRIs (except the US, UK, Canada, and Japan) can invest in IPO with SBICAP Securities. A person can use their 3-in-1 account integrating SBICAP Securities Demat Account, SBICAP Securities Trading Account and SBI Bank Account to invest in IPO with SBISMART.

Online IPO Investment with SBICAP Securities ASBA Process

Applications Supported by Blocked Amount (ASBA) is an application with an authorization to block the money in the bank account of an applicant. Whenever any investor applies in IPO through ASBA, the blocked application money is debited from his/her bank account, if shares are allotted otherwise, the issue is withdrawn. Follow the below-provided process to invest in IPO with SBISMART.

• Visit the broker’s website: sbismart.com.
• Login into your trading account.
• Click on the “IPO” tab.
• An IPO window will appear, click on the “Apply” button.
• IPO Details and Applicant details information will appear.
• Under Applicant details, enter your category i.e. employee, general, or shareholder
• Under IPO details, enter information such as cut-off price, bid quantity, and others.
• In the bid form, two options are available; ASBA or UPI, tick on “ASBA” and click on the “Submit” icon.

Current and Upcoming IPO's investment with SBICAP Securities

Online IPO Investment with SBICAP Securities through UPI

Unified Payment Interface (UPI) is a payment system that is used to transfer money between two parties’ bank accounts instantly. SBICAP Securities offers a facility to invest in IPO through UPI. Clients have to follow the below process to invest in IPO through SBISMART using UPI.

• Visit the broker’s website: sbismart.com.
• Login into your trading account.
• Click on the “IPO” tab.
• An IPO window will appear, click on the “Apply” button.
• IPO Details and Applicant details information will appear.
• Under Applicant details, enter your category i.e. employee, general, or shareholder.
• Under IPO details, enter information such as cut-off price, bid quantity, and others.
• You will find two options; ASBA or UPI ID, select “UPI” and click on the “Submit” button.
• You will receive a UPI mandate request, approve the request to authorize the payment request.
• The blocked money will be deducted from your bank account, if shares are allotted otherwise if it gets rejected then the blocked money will be released.

List of UPI apps to invest in IPO with SBICAP Securities

• BHIM (android & iOS) @upi
• BHIM Axis Pay (only android) @axisbank
• BHIM SBIPay (only android) @sbi
• Citi Mobile (android & iOS) @citi & @citigold
• Google Pay (android & iOS) @okhdfcbank & @okaxis
• HSBC Simply Pay (android & iOS) @hsbc
• iMobile by ICICI Bank (only android) @icici
• Phone-pe (android & iOS) @ybl

Offline IPO Investment with SBICAP Securities

SBICAP Securities has a widespread branch network of 115+ branches from where it offers offline services to clients. If you are an offline investor, then to invest in IPO, you can visit any of the nearest branches of SBICAP Securities, fill the physical application form and submit it.

SBICAP Securities IPO Investment Demo

SBICAP Securities has a YouTube channel where it posts many videos about its offerings and trading platforms. Further, at the website, you can check the video demo as well as document demo to know the application process to apply in IPO with SBISMART.

Click here to check SBISMART IPO Application Process Demo via ASBA & UPI

Consideration

• The key drawback or limitation is that the broker doesn’t offer IPO investment facility at its mobile application. Thus, mobile users have to access SBISMART trading website to invest in IPO.

SBICAP Securities IPO Charges

The broker doesn’t charge anything to invest in IPO means investment in IPO with SBICAP Securities is completely free.

SBICAP Securities IPO Application Status

To check the IPO application status, follow the below steps;

• Log in with your SBISMART Trading Account.
• Click on IPO.
• Click on the “Order Book”.
• If DP status is “S” it means your IPO application bid is placed successfully.

SBICAP Securities IPO Allotment Status

To check the IPO allotment status, you have to follow the below steps;

• Log in with your SBISMART Trading Account.
• Go to “Customer Service”.
• Click on “Back office”.
• Select Demat Report (SSL DP View) and chose DP i.e. CDSL or NSDL. Select report (holdings) and select BOI ID (Demat Account Number) and click on show holdings.

Mutual Fund Investment with SBICAP Securities

SBICAP Securities Ltd provides a mutual fund investment facility. The broker has partnered with 20+ AMCs to offer mutual fund investment services. The broker only offers regular mutual funds and doesn’t offer direct mutual funds to clients. The broker provides all kinds of schemes such as equity, debt, and hybrid. You can invest in mutual funds with SBICAP Securities via any route, SIP or lumpsum as per your convenience. The broker has a team of relationship managers and independent financial advisors that assist clients to make decisive investment decisions.

The key benefits of investing in mutual funds with SBICAP Securities are listed below:

• Schemes from 20+ leading asset management companies.
• Multiple asset classes including equity, debt, hybrid, and ELSS.
• Flexible investment options including both Systematic Investment Plan (SIP) and Lumpsum.
• The broker provides free mutual fund research.
• Dedicated relationship managers guide users to select the right mutual fund.
• Online and offline mutual funds investment services.
• 24*7 web-enabled back office.
• PAN India presence for in-person help.

Considerations

• It doesn’t offer a separate mutual fund investment platform however, competitors like HDFC Securities and Zerodha have a different MF platform, Digify, and Coin for MF investment.
• The broker only provides regular mutual funds and doesn’t offer direct mutual funds.
• Mutual Fund investment facility is not available on its mobile app.

SBICAP Securities mutual fund charges

The broker doesn’t charge for investment in mutual funds means mutual fund investment with SBICAP Securities is free.

SBICAP Securities Mutual Fund Investment Demo

You can check the demo provided here to invest in mutual funds with SBICAP Securities.

Click here to check SBICAP Securities MF Investment Demo

Investment in Mutual Fund with SBICAP Securities

You can either follow the online or offline process to invest in mutual funds with SBICAP Securities. Online investment can be made either through the trading terminal – SBISMART Xpress or its trading website - SBISMART.com but can’t invest through SBISMART Money Mobile Trading Application.

Follow the below process for online investment in mutual funds;

• Login with your account.
• Click on “Trade” tab and select the “MF” option.
• Select the scheme, you want to invest in.
• Under the “Transaction Type” field, choose your preferred investment route whether SIP or lumpsum.
• Enter the investment amount and select the SIP deduction date.
• Accept the terms and conditions and click on “Submit” button.
• You can check the order placed in the MF - SIP Book option under the Orders Book.

Alternatively, you can choose offline method wherein you just have to visit any of the branches of SBICAP Securities and show your interest to invest in mutual funds, the team will help you out to complete necessary documentation requirement such as KYC compliance etc. to invest in mutual funds.

SBICAP Securities Mutual Fund Calculators

To invest in mutual funds, SBICAP Sec offers various mutual fund calculators such as SIP Returns Calculator, Retirement Savings calculator, Marriage Savings calculator, Education Savings calculator, and Risk Analyzer calculator.

• SIP Returns Calculator

  This is useful to know the monthly SIP amount or target amount that one can achieve by investing periodically.

• Risk Analyzer Calculator

  The tool helps to find out one’s risk appetite whether defensive, moderate or aggressive.

• Retirement Savings Calculator

  The calculator is useful to determine the target corpus required to have a happy retirement life.

• Marriage Savings Calculator

  The calculator is used to determine the future value of investment made during the specified investment tenure or to figure out the monthly investment required to reach the wished corpus.

• Education Savings Calculator

  This particular calculator figures out the amount required for children’s education.

Click here to use SBICAP Securities Calculators