Steps to Start an SIP

Starting an SIP is simple and involves the following steps:

1. Define Your Goal:
   • Identify your financial objectives, whether it’s buying a car, funding education, or retirement planning.
2. Choose a Mutual Fund Scheme either on your own or take help of Distributor :

Select a mutual fund scheme that aligns with your risk appetite and investment horizon.

1. Determine Investment Amount:
   • Decide the amount you wish to invest periodically. Ensure it aligns with your budget.
2. Set Up the SIP:
   • Use online platforms, mobile apps, or visit the fund house to register for an SIP. Provide your bank details for auto-debit . Or withe the help of Distributor .Who helps out to execute the transaction .
3. Monitor and Review:
   • Regularly track the performance of your SIP and make adjustments as needed.