How to start Mutual Fund SIP?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

You can start a Mutual Fund SIP online. You need to open an account with a broker offering Mutual Fund services or register with an AMC/fund house to start SIP.

Steps to start Mutual Fund SIP with a broker:

Shortlist a broker.
Open an account.
Access the MF trading platform offered by the broker.
Select the MF scheme for investment - Direct or Regular.
Set the SIP amount and frequency.
Make the first payment.

Note: It is better to register for auto-debits/mandates that will make the SIP payments on the set date. This will save from any defaults and the need to remember the dates manually.

Topic: Mutual Fund SIP Defenition

Comments

Add a public comment...

Find more questions on this topic

Is Mutual Fund SIP safe?
Is Mutual Fund SIP good or bad?
Can we pause Mutual Fund SIP?
How to stop Mutual Fund SIP?
Is Mutual Fund SIP tax-free?
Are Mutual Fund and SIP same?
Difference between Stock SIP and Mutual Fund SIP?

Ask Your Question