How do I start a SIP

Today, you have tech platforms which enable paperless and seamless onboarding solutions to start a SIP. It’s never been easier to begin investing.
While starting investing is easy, creating wealth isn’t. Before you start investing, it’s critical that you get a customised investing plan made to suit your requirements and risk profile. Remember, an investment which might be great for one person can be an absolute disaster for another.

Starting a SIP is very easy, but to ensure that your SIP continues through the ups and downs of the markets, you should invest with clearly defined goals in mind and not in an ad hoc manner. An investing expert can help you define and prioritize these goals. Having set your goals, you are now ready to move forward!

If you’re a first time investor, you will need soft copies of basic documents such as your PAN Card, Aadhar Card and a copy of your cheque with your name on it to complete your KYC (Know your Customer) formalities and get an investing account opened with an investment platform.

With your goals defined, you can now proceed to start a SIP in the right fund that is best aligned to your goal tenor.