A fractional share is exactly what it sounds like — a portion of a single share. Instead of needing the full price of a stock, you invest a rupee amount and receive the matching fraction.
This unlocks two things: access and consistency. You can own high-priced names without a large outlay, and you can invest a fixed amount on a regular schedule regardless of the share price.
Over time, this 'little and often' approach can smooth out the cost of your investments and make it easier to stay invested through market ups and downs.