SIP investment through Mutual Fund App
- nidhimehra2812
- Jan 13, 2020
- 3 min read
Mutual Funds are great. And what makes them so great – Systematic Investment Plans or Mutual Fund Investment through SIP. SIP allows you to invest in Mutual Funds with small regular contributions. Also, they bring a sense of financial discipline and have the potential to grow your wealth substantially due to the benefits of rupee cost averaging and compounding.
Why ETMONEY app for your SIPs?
Read on to know what makes ETMONEY App the perfect platform for your mutual fund investment through SIP.
1: Low on effort with mark-to-market returns
Are you the kind who keeps on forgetting to pay your bills on time? Someone who needs to keep multiple reminders to not miss the EMI timelines? Or someone who always opts for the “Auto Reload” option on payment wallets? If yes, then SIPs are a match made in heaven for you.
You can sit back and relax, as you do not need to bother with making monthly payments. The SIP contribution can get automatically deducted from your bank account and get added to your mutual fund corpus.
2: Quick as a flash
ETMONEY understands that you are busy and your time is extremely valuable. Hence, it ensures that you do not need to invest too much of your time or effort to start investing in Mutual Funds. With a one-time and instant registration process, life becomes so much simpler. And did we tell you, that it is completely paperless? Isn’t it the cherry on the cake!
3: Smart Solutions
The best part is that the ETMONEY App makes your job easier. Mutual Fund schemes are categorized into special categories basis their features, performance, market cap, sector or common investor needs. For instance, if you want to start low, you can look in the “SIPs starting Rs. 100” categories. Other options include – SIPs starting Rs. 500, Best SIP Funds, Tax Saver Funds, Best Index Funds, etc. You can browse through these hand-picked categories and choose the right fund for you easily. It will not just save your time but also ensure that you invest in the correct scheme.
4: Its’s FREE
Yes, you read that right. You get all these fantastic solutions completely free of cost. So you save on commission fees and still get to invest in top-quality funds. You can even create your account for free and then do your Mutual fund investment through SIP without any charges whatsoever!
5: You = Boss
Last but not least, you remain in full control of your mutual fund investment through SIP all the time. You can choose to skip or even stop a monthly instalment if you need to.
How to invest in SIPs through the ETMONEY App?
With the ETMoney App everything is simple, easy and hassle-free. All you need to do is:
1: Select the scheme you want to invest in for your mutual fund investment through SIP
2: Click on the fund name. It will take you to the “Fund Detail” page
3: Tap on the “Invest Now” box
4: Enter your login details (If you are not already logged in)
5: Choose the Systematic Investment Plan (SIP) option for your mutual fund investment through SIP
6: Provide the amount (SIP contribution) and the SIP date
7: Complete the payment formalities. You can pay via Netbanking or debit card
8: Post successful payment, you will be redirected to the Order Confirmation Page. On this page, you will have a NACH/OTM option. This will give the necessary authorization to your bank to debit a certain sum of money for your SIP
9: Activate this option and sign on the mobile/tablet screen in order to validate the request
10: Provide the OTP (One Time Password) for verification purpose to complete the process of your mutual fund investment through SIP
Once the request is processed, your SIP will get activated.
So, what are you waiting for? Grab this golden opportunity and grow your wealth in the long-run. A financially secure future is a happy future!
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