What is Flexi SIP in Sharekhan?

Sharekhan Flexi SIP is a mutual fund facility that provides you with the flexibility to change the SIP amount every month without changing the electronic clearing system (ECS) mandate every month.

In a mutual fund SIP, you commit to investing a fixed amount every month. The Flexi SIP plan allows you to change the SIP amount as per your financial health or market conditions. It also saves you from a lengthy process of changing the ECS mandate every time you wish to change your SIP amount.

Features of Sharekhan Flexi Invest

• If there's no change in SIP, the default amount set by you is deducted.
• Facility to change the date of SIPs
• No change in ECS mandate required