Key Takeaways
✓Auto-debit from bank on a fixed date
✓Start with just ₹100/month
✓Rupee Cost Averaging reduces risk
✓Best for salaried individuals
SIP in simple terms
Just like your phone gets recharged automatically, in a SIP a fixed amount (e.g. ₹2,000) is automatically transferred from your bank account into a mutual fund every month. No manual action needed after setup.
Rupee Cost Averaging — SIP's superpower
When the market is down, your ₹2,000 buys more units. When the market is up, it buys fewer units. Over time, your average cost stays low. This is SIP's biggest advantage — you don't need to time the market.
How to start a SIP?
Step 1: Complete KYC (Aadhaar + PAN — takes 10 minutes). Step 2: Download Groww, Kuvera, or Zerodha Coin. Step 3: Choose a fund. Step 4: Set your SIP amount and date. Step 5: Done! Your money will be invested automatically every month.
SIP vs Lump Sum — which is better?
For beginners, SIP is always better. Lump sum requires you to pick the right time to invest — which is very difficult. SIP removes that stress. Experienced investors sometimes put in lump sums during market crashes, but beginners should always start with SIP.
Ready to invest?
Start your first SIP on Groww or Kuvera — takes just 15 minutes. Start with just ₹500/month!