Table of Contents
Where should I open my SIP account?
Many fund houses like Birla Sun Life Mutual Fund, Quantum Mutual Fund, and so on, provide eKYC facility. Visit the website of one such mutual fund house and start the process. You can also visit the website of registrars and transfer agents of mutual funds like CAMS and Karvy.
What is the minimum amount to start an SIP?
Start with a Minimum Investment of Rs. 500: The investors can start investing in SIP mutual funds with a minimum amount of Rs. 500.
Which bank is best for SIP account?
5 Best Banking Funds SIP To Invest In India 2021
| Banking Mutual Funds | 1 Year Return | 5 Years Return |
|---|---|---|
| SBI Banking & Financial Services Fund | 83.11\% | 20.01\% |
| Tata Banking and Financial Services Fund | 71.13\% | 19.5\% |
| Invesco India Financial Services Fund | 74.97\% | 18.25\% |
| Sundaram Fin Services Opp Reg | 81.58\% | 16.63\% |
How to invest in SIP?
You can start investing through SIP with an investment of amount as low as Rs. 500. You can create a SIP in 3-4 funds based on the returns over the years and follow a disciplined approach to invest the fixed amount monthly. How to open SIP online? One can invest in mutual funds SIP online on any platform that offers mutual funds.
How to invest in mutual funds SIP online with Scripbox?
One can invest in mutual funds SIP online on any platform that offers mutual funds. Scripbox is one such platform that offers mutual funds. To invest with Scripbox, one has to follow the steps below: Create a Scripbox account and login using your credentials. Then, select a plan based on your goal and click on ‘Start Investing’.
How do I use mutmutual fund SIP?
Mutual Fund SIP is also useful for people who: Login to the Coin platform. On the home page, go to the search bar available at the top of the page and type the name of your fund or fund house. On the fund page, click on ‘Direct SIP’. In the order window, enter your investment details.
How to invest in SIP in Zerodha?
To invest in SIP in Zerodha, you need to select the desired mutual fund in the Coin and enter the required details like initial investment amount, SIP date, and SIP amount to create the SIP. To start a SIP in Zerodha, you need to have sufficient balance in your account for the initial investment amount.