SIP Investment Plans | Open Mutual Fund SIP Accounts Online @ ₹500/Month

Q: What is a Mutual Fund?

Mutual fund (MF) is a mechanism for pooling money by issuing units to the investors and investing funds in securities in accordance with objectives disclosed in the offer document. Investments in securities are spread across a wide cross-section of industries and sectors and thus the risk is diversified because all stocks may not move in the same direction in the same proportion at the same time. Mutual funds issue units to the investors in accordance with the quantum of money invested by them. Investors of mutual funds are known as unitholders. Investors in proportion to their investments share the profits or losses. Mutual funds normally come out with a number of schemes, which are launched from time to time with different investment objectives. A mutual fund is required to be registered with the Securities and Exchange Board of India (SEBI) before it can collect funds from the public.

Q: How can I purchase or redeem MF?

Purchase - Login to your Net banking account, select the investment tab and proceed with the purchase option. Select category of scheme eg. Equity or Debt. For mobile banking investors, you need to login to your mobile banking app, select investment option and then purchase the mutual fund.You can also visit the nearest branch if you need assistance in investing in Mutual funds. Redeem - Login to your Net banking account, select investment tab, and proceed with the redemption option for the required fund transaction. For mobile banking investors, you need to login to your mobile banking app, select investment option, then select redemption option. You can also visit the nearest branch if you need assistance to redeem your funds.

Apply Now

Systematic Investment Plan (SIP)

Think of it as your trusty old piggy bank giving you access to market-linked returns. Systematic Investment Plans, called SIPs, help you create wealth over the long term through small and periodic investments. By making small, disciplined savings in mutual fund schemes over a period of time, these plans bring you closer to realising your financial goals.

Simply put, a SIP is a vehicle or approach to invest a fixed amount in any fund or scheme at regular intervals. By investing across market phases, whether bullish or bearish, this approach ensures that the cost of investment averages out over a period of time.

Systematic Investing means -

Investing a fixed amount

Investing for a continuous period

Investing at regular intervals

Why SIP?

A Systematic Investment Plan comes with a host of advantages.

You can start small, with investments as low as Rs. 500 per month.
With participation across market swings, it reduces the risk of ‘timing the market’.
Rupee Cost Averaging
It is a disciplined way of saving.
It puts the power of compounding to work for you.

Know more about SIP

Is this the right time to increase your SIPs?
Why SIPs are gaining popularity among investors
Train yourself to bring in Discipline
Ride on the volatile market at ease with Rupee Cost Averaging
Magic of Compounding!
Get your basic queries answered!

Articles curated for you

Latest Comments

Frequently Asked Questions

What is a Mutual Fund?

Mutual fund (MF) is a mechanism for pooling money by issuing units to the investors and investing funds in securities in accordance with objectives disclosed in the offer document.

Investments in securities are spread across a wide cross-section of industries and sectors and thus the risk is diversified because all stocks may not move in the same direction in the same proportion at the same time. Mutual funds issue units to the investors in accordance with the quantum of money invested by them. Investors of mutual funds are known as unitholders.

Investors in proportion to their investments share the profits or losses. Mutual funds normally come out with a number of schemes, which are launched from time to time with different investment objectives. A mutual fund is required to be registered with the Securities and Exchange Board of India (SEBI) before it can collect funds from the public.