The Power of ₹250 SIP:
Your First Step Towards Financial Freedom
How to start an SIP today?
To begin your SIP journey, here are the steps you can take
Open your account with any Digital Platform
All major digital platforms including platforms like: Coin, Groww, Kuvera, Dhan offers option to start SIP.
Select the Right Fund
Look for funds that align with your investment goals, risk tolerance, and minimum investment amount.
Set Up SIP & Start Investing
Once you've chosen the fund, specify the SIP amount, set your SIP start day, and you're all set!
Power of small investments
Affordable
Start investing with small amount as low as Rs 100, to build your investment portfolios without the need for a large initial investment.
Build saving habit
By setting aside a fixed amount each month, you can cultivate a regular habit of saving and investing over time.
Power of Compounding
SIPs unlock the power of compounding by reinvesting returns, enabling your money to grow substantially over time.
14 Lakh Cr +
Total SIP AUM in the Industry
9 Cr +
Total SIP accounts across all mutual funds
5 Lakh +
New SIPs set last year
Frequently Asked Questions
A SIP calculator is a helpful and illustrative online tool that lets you see how much your investments could grow over time based on the different parameters. This simple and free tool helps you make smart investment decisions by estimating the potential future returns based on your inputs.
Let's take a an example of a SIP Calculator:
Rahul is a 28-year-old software developer who wants to start investing for his retirement. He decides to invest ₹15,000 monthly into a mutual fund product using a Systematic Investment Plan (SIP) with an expected interest rate of 12% per annum till his retirement (say for 37 years)
Using the SIP Calculator, Rahul will get the following results:
- Invested value: ₹66,60,000
- Estimated returns at 12% CAGR: ₹11.75Cr
- Estimated Value in 37 years: ₹12.41Cr
The formula used by the SIP calculator is:-
FV = A × ({[1 + r]n– 1} / r) × (1 + r)
FV = Future value
A = Entered monthly SIP amount
r = Entered Rate of Return in %
n = Number of installments
To begin your SIP journey, here are the steps you can take:
- Open your account with any Mutual Fund Digital Platform: All major digital platforms including platforms like: Coin, Groww, Kuvera, Dhan offers option to start SIP
- Select the Right Fund: Look for funds that align with your investment goals, risk tolerance, minimum investment amount, etc
- Set Up SIP & Start Investing: Once you've chosen the fund, specify the SIP amount, set your SIP start day and frequency, and you're all set!
Every mutual fund scheme has a defined minimum amount of investment required for SIP. Please refer to the respective scheme's documents for details.
Schemes of Zerodha Mutual Fund offers SIP starting Rs. 100 (except ELSS scheme, where by regulation minimum investment is Rs 500)
Micro SIPs are SIP investments with a small monthly amount, typically starting at just ₹100
Micros SIPs are ideal for investors with limited budgets, allowing building an investment portfolio with small, regular investments. Micro SIPs let you reap the benefits of compounding while staying within your financial budget.
