Do you often miss the opportunity to invest in equities when market falls or book profits when they go up? Yes, we all do due to lack of time. It is not practical for MF investors like us to track market and then invest in SIP Or Lumpsum in Mutual Funds.
Don’t be disappointed!!
We have smart features for your mutual fund investments which allow you to automate your investments without worrying about timing the market. Explore features like STP, SIP Top Up, SWP, a SIP which helps to plan for your retirement and many more.
Take help of our SIP calculator for various needs to find out how much you need to invest every month to meet your goals on time and automate your investments.
Shubh kaam main deri kaise, Invest in SIP today!
Mutual Fund Calculators
Learn More About Types of SIP
What Is SIP? Types of SIP & How it works
Systematic Investment Plan (SIP), is the ideal way of investing in mutual funds in a regular and systematic manner. A SIP works on the basic rule of investing regularly, enabling you to build wealth over time. Under SIP, you invest a fixed sum every quarter, month, or week as per your convenience.
What Is SIP? Types of SIP & How it works
Over the years, mutual funds have become one of the most popular forms of investment owing to its flexibility, convenience and the plethora of choices available. The numerous options also bring with it the complexity of choosing the right mutual fund schemes.
Are SIPs and Mutual Funds the Same?
When you google ‘SIP investments’, ‘what is SIP’, what is a Systematic Investment Plan, etc., you will find a lot of textbook definitions.Suppose, you are given a task to fill 1200 litres of water in a tank in two hours. You have two options – you can either start a tap that will automatically pour 100 litres of water in the tank after every 10 minutes. Or, you can simply choose to lift the water at once and pour it. What seems easier? You would say, of course, the first one because you just have to open the tap once without any hassle. Whereas, in the second case, you will be physically burdened. Moreover, you will need help too
Frequently Asked Questions on SIP
SIPs can be of various types basis their frequency or the feature they have. Basis frequency, you can do daily, monthly, quarterly, semi – annually SIP. Basis features, you could look at SIP Top up, Retirement SIP, Systematic Transfer Plan or Systematic Transfer Plan.
SIP is calculated using a SIP calculator which helps you calculate how much monthly SIP amount you need to start investing to reach a particular amount or goal. You will need to choose the tenure of SIP and the assumed rate of return.
You can invest in Mutual Funds either through the lumpsum mode – which is one time investment or through an SIP mode – which is equated instalments basis the frequency you choose
Mutual Funds have products which are structured to help you plan for your retirement. These products usually take into consideration changing asset allocation as per your age i.e. adjusting and reallocating between debt and equity as your age increases as your risk taking ability reduces and you move from wealth creation to wealth preservation phase. You can explore the retirement SIP feature of Edelweiss here Retirement Planning With Mutual Funds & Investment Solutions | Edelweiss MF
You can withdraw from an SIP of an open ended fund anytime as per applicable NAV.
How difficult can opening a tap possibly get? Likewise, starting an SIP is very simple too. Here’s what you have to do:
- Set your financial goals and quantify them. Once you know how much you need, decide on an investment tenure and note down your expected rate of return.
- Use a mutual fund SIP calculator to know how much should be your SIP amount. Don’t look up ‘lump sum sip calculator’ online. This is because mutual fund calculator lumpsum will only help you with lump sum investments. There is a separate calculator for an SIP in mutual fund.
- If you have just started investing, complete your KYC process with Edelweiss Mutual Fund. To learn how, read here
- Once you are KYC compliant, you can register for an SIP here
Edelweiss Mutual Fund offers you smart SIP features as below-
Edelweiss STeP Facility- A Smart Trigger enabled Plan (STeP) which helps you to start or stop investments in Edelweiss Mutual fund in a systematic manner and manage the market timing risk.
Edelweiss Retirement Plan- A unique SIP with life stage based asset allocation to plan your retirement.
Systematic Transfer Plan(STP)- A facility to periodically transfer investments from one mutual fund scheme to another.
SIP features - Multi-Goal SIP, Combo SIP, Any Time SIP and Top-Up SIP
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
