I would like to invest per month
For Time Period
10 years
Expected Return
12%
What is SIP?
Systematic Investment Plan (SIP) is a way to invest an amount at regular intervals in chosen mutual fund schemes. Investors can pre-define the amount, the SIP date and the interval. It is probably the best and most disciplined way to achieve your goals and create wealth.
What are the benefits of SIP?
How can I start SIP?
Below are the ways you can start SIPs on the INDmoney website.
How can I increase my SIP amount?
Starting a new SIP in the same fund is the easiest way to increase the SIP amount in the fund. Below are the step to start a new SIP in the existing funds:
How can I redeem my SIP amount?
Redeeming a SIP in the same fund is the very easy on INDmoney. Below are the step to redeem SIP amount in the existing funds:
What if I miss my SIP dates or don’t have sufficient money in my bank account?
With auto-debit feature, firstly you don’t need to remember the debit dates as the bank account will get debited automatically on the date which you have selected for SIP. However, just in case for whatever reason the funds are not available in the bank account, you will miss one SIP. There is no penalty or any fee. Your SIP account remains active even if you miss one SIP date but after multiple misses, it gets cancelled.