SIP is a “Systematic Investment Plan” whereby, you can set an investment amount and the frequency of investment in a particular scheme. SIP allows you to automate your investment habits without requiring any manual effort. For instance, you may choose to invest Rs. 100 in a particular Scheme on the 1st of every month.
To start a SIP on Dhan, follow these steps:
Click the “Invest Now”' button below on the Mutual Funds
Search or choose a Mutual Fund to invest in
Then click on “Invest Now” and choose 'Monthly SIP'
Enter the “Investment Amount” and select “Date of SIP”
Pay via UPI/Netbanking/NEFT
Don't forget to add AutoPay to automate future instalments.