A Systematic Investment Plan or SIP is a smart and hassle free mode for investing money in mutual funds. SIP allows you to invest a certain pre-determined amount at a regular interval (weekly, monthly, quarterly, etc.). A SIP is a planned approach towards investments and helps you inculcate the habit of saving and building wealth for the future. SIP is not a financial instrument, but a way of investing in mutual funds, some people confuse SIP with PPF,NSC, and mutual funds. They think they can invest in SIP. SIP is not an investment its just a mode of investment
How to Start SYSTEMATIC INVESTMENT PLAN (SIP)
a>Pick any date of a month, then fill out an SIP form and an application form.
b>Draw post-dated monthly quarterly cheques , adding up to at least minimum investment of scheme.
c>Monthly - Start on any date of any month, and stick to the same date of every month.
d>Quarterly - Start on any date of any month, and stick to the same date of every third month.
e>If in any month the chosen date is not a Working Day, the transaction will be completed on the next Working Day.

A Systematic Investment Plan or SIP is a smart and hassle free mode for investing money in mutual funds. SIP allows you to invest a certain pre-determined amount at a regular interval (weekly, monthly, quarterly, etc.). A SIP is a planned approach towards investments and helps you inculcate the habit of saving and building wealth for the future. SIP is not a financial instrument, but a way of investing in mutual funds, some people confuse SIP with PPF,NSC, and mutual funds. They think they can invest in SIP. SIP is not an investment its just a mode of investment
How to Start SYSTEMATIC INVESTMENT PLAN (SIP)
a>Pick any date of a month, then fill out an SIP form and an application form.
b>Draw post-dated monthly quarterly cheques , adding up to at least minimum investment of scheme.
c>Monthly - Start on any date of any month, and stick to the same date of every month.
d>Quarterly - Start on any date of any month, and stick to the same date of every third month.
e>If in any month the chosen date is not a Working Day, the transaction will be completed on the next Working Day.