How can I invest in SIP

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SIPs or Systematic Investment Plans are a great way to inculcate financial discipline into your life. They are also known as Systematic Reinvestment Plans. Under these, every month, on a specified date, an amount you choose is invested into a mutual fund scheme of your choice.

Here are 3 key benefits of investing through an SIP:

1) Disciplined approach
2) Power of compounding
3) Rupee-cost averaging

To invest in SIPs, please follow the steps below:

1. Login to Net Banking

1) Go to Investments
2) Click on Transact Tab
3) Select Purchase Tab
4) Select Purchase type->Purchase Recurring

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How can I invest in SIP?