SIP Mutual Funds- Equal Investment Opportunity for all

Indian economy has a huge disparity of income and thus the investment sector is unexplored by many. SIP is one of those investment options which make it accessible to all income groups. Systematic Investment Plan is one way of investing in mutual funds. These funds are popular among masses.

SIP Mutual Funds

What are SIP mutual funds?

The mutual funds are an investment option. SIP is one type of mutual fund scheme which allows the investor to invest in small caps at regular intervals. The amount of investment is fixed and has to be paid regularly. One can undertake an SIP investment scheme with less as INR 500 per month, which will not disturb the monthly budget.

SIP investment options also provide you with additional benefit of investing regardless of the market conditions, index level etc. But you should choose the investment amount in multiples of 500 and the amount will be auto debited from your bank account every month. Even you can also invest in SIP quarterly and half yearly, and it is suggested to choose long term SIP to get best returns.

How to invest in mutual funds?

Investment in mutual funds can seem to be a tiresome process, but it has been simplified in few simple steps and today, you can easily open your SIP account with Kotak Mutual Funds by following the below steps: The first and foremost thing is to decide upon the investment amount. The decided amount should be wise decision made after considering all factors, so that the obligation can be met after each fixed interval. In this case, you can visit the Kotak Mutual Fund's official website and open your SIP account by entering your phone number, PAN number and email id.

Select your investment frequency. The frequency here simply applies to the time gap between two subsequent investment dates.

Select the start date, from where on you will start investing in SIP mutual funds. To make your investment secure and flexible, you can also add second holder and make your SIP with either or survivor mode.

The most sensible and educated decision has to be made regarding the choice of Mutual Fund for SIP. There are various mutual fund options available and the best one should be chosen to get maximum returns.

The Indian market has reacted positively about the SIP investment plans and hence many companies like ICICI SIP Mutual Funds, HDFC SIP Mutual Funds are coming up with plans to explore the market. So you can choose the best mutual fund according to their return and risk portfolio, and start your SIP today.