How to open a Systematic Investment Plan?

how to open a SIP in mutual funds? what are all the ways to open SIP? so that to reduce brokerage & reliable.

asked Oct 14 '11 at 19:15 by vmuruganandham 1222

There are multiple ways to start a SIP in mutual funds

  1. Download mutual fund forms, fill it and submit it to nearest mutual funds branch or CAMS/Karvy office.
  2. Investing online through your trading (demat) account like ICICI securities, Kotak Securities, Indiabulls etc.
  3. Investing online through an investment account opened with your bank account. Some of the banks like Kotak, HDFC etc offers this facility.
  4. Investing through online platforms like MoneySights, FundsIndia or FundsSupermart.
  5. Investing directly in mutual fund online iSIP. Most of the AMCs like HDFC, Reliance, DSP blackrock, Reliance etc supports this.

You should definitely read below articles for more details:

  1. How to transact in Mutual Funds online
  2. Mutual Fund Investment with zero entry load, brokerage and service charge

answered Oct 15 '11 at 19:46 by Pankaj Batra 5.2k320


Know someone who can answer? Share a link to this question via Email, Twitter, or Facebook

Your answer
toggle preview

Follow this question

Once you sign in you will be able to subscribe for any updates here

Markdown Basics

  • *italic* or __italic__
  • **bold** or __bold__
  • link:[text]( "title")
  • image?![alt text](/path/img.jpg "title")
  • numbered list: 1. Foo 2. Bar
  • to add a line break simply add two spaces to where you would like the new line to be.
  • basic HTML tags are also supported



Asked: Oct 14 '11 at 19:15

Seen: 3,879 times

Last updated: Oct 15 '11 at 19:46