A Systematic Investment Plan (or an SIP) is a mechanism to invest a specified sum of money every month into a mutual fund scheme. By setting up an SIP in a scheme, you are triggering a series of monthly purchase transactions that will get triggered on your selected date every month without your involvement.
To start an SIP today, just choose the scheme from the Explore Funds section on Kuvera, enter the SIP amount and proceed.
If you do not have a registered AutoPay mandate, the first SIP order will be placed immediately and you can complete payment using the available payment methods for your bank. Alongside, we will guide you to register the AutoPay mandate so that your selected bank can automatically deduct and transfer funds for your future SIP transactions.
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