Systematic Investment Plan

A fixed amount, a fixed date, into a scheme of your choosing.

A Systematic Investment Plan places a fixed amount into a chosen mutual fund scheme at a fixed interval. Units are allotted at the applicable NAV on each instalment date, so the purchase price varies across instalments.

SIPs can be registered for a fixed term or on a perpetual basis, and can be paused, stepped up or cancelled on instruction. We handle mandate registration, bounce follow-up and modifications.

Key features

• Weekly, fortnightly, monthly and quarterly frequencies available
• NACH, e-mandate and UPI autopay registration supported
• Step-up SIP to raise the instalment automatically each year
• Pause facility for a limited number of instalments without cancelling
• Perpetual registration to avoid accidental expiry at term end
• Top-up instalments over and above the registered amount