Beginner’s Guide

How to Start SIP in India – Simple Steps

Systematic Investment Plans (SIP) are the easiest way to start investing. Here’s a step-by-step guide for beginners on choosing funds, setting goals, and tracking returns.

Step 1: Decide your financial goal

Do you want to save for a vacation, a house, or retirement? Your goal decides the SIP amount and fund type. Long-term goals work best with equity SIPs, while short-term goals need safer debt options.

Step 2: Choose the right fund

Pick mutual funds that match your risk profile. Large-cap funds are stable, mid-cap and flexi-cap funds offer growth. Use our SIP calculator or Compare tool before choosing.

Step 3: Decide SIP amount

Start with as low as ₹500 per month. Use our one time SIP calculator to test how much your money grows over different timeframes.

Step 4: Automate and track

Set up auto-debit via your bank or broker. Review once a year. Don’t panic with short-term market falls—SIPs work best with discipline.

Quick tip: Add a 5–10% annual step-up to your SIPs. As your salary grows, your investments grow too.
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* SIPGenie articles are generated from multiple sources and reviewed by AI, is for informational purposes only. It is not investment advice; please consult a qualified financial advisor before making any investment decisions.