SIP follows a systematic investment approach by investing a fixed amount of money at regular intervals like monthly. 5paisa customers can start SIP in mutual funds with 5paisa and start a convenient and paperless mutual fund investing journey.
Steps to start mutual fund SIP in 5paisa;
- Log in to the 5paisa app or web.
- Go to the “Mutual Funds” section.
- Select your choice of mutual fund scheme.
- Tap on “Start SIP”.
- Enter the SIP amount, and date, and click on “Invest Now”
- Select between UPI and Net banking payment options.
- Enter details, agree to terms & conditions, and tap on “Place order”
- Complete the mandate process to automate future SIP deductions on the due date.