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News From Press How to start an SIP in a mutual fund

How to start an SIP in a mutual fund

Source: Mint May 25, 2018

How much to invest

Have you been wondering how to start a systematic investment plan (SIP) in a mutual fund? To begin with, an SIP is a method of investing. Here, you invest a particular amount at regular frequency—say every month. For instance, say you plan to invest Rs1,000 a month for say 24 months. You need to first evaluate and see how much you can invest—evaluate your income and total expense and see how much you can put aside for an SIP. Know that you can start an SIP with an amount as small as Rs500.

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