How To Start An SIP?
Outlook|October 21, 2023
Systematic Investment Plan (SIP) is a popular investment method that allows investors to invest a fixed amount of money at regular intervals in mutual funds. It is a disciplined approach to investing and can help individuals to achieve their financial goals over the long term. Here’s how you can start an SIP:
How To Start An SIP?

• Choose a mutual fund: First, you need to choose the mutual fund in which you want to start an SIP. You can consider factors such as

• Your financial goals,
• Asset Allocation as per financial goals and risk tolerance,
• Investment horizon, and
• Track record / portfolio positioning of the mutual fund while making your selection.

• Complete Know Your Customer (KYC) process: To invest in mutual funds in India, you need to complete the KYC process. You can do this by submitting the required documents including a photograph, identity proof, address proof, and PAN card to the mutual fund company or through any of the KYC registration agencies authorized by the Securities and Exchange Board of India (SEBI).

この記事は Outlook の October 21, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Outlook の October 21, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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