SIP Form

An SIP Form is a document used by investors to initiate a Systematic Investment Plan (SIP) in mutual funds. By completing this form, investors authorize the mutual fund house to automatically deduct a fixed amount from their bank account at regular intervals (monthly, quarterly, etc.) and invest it in their chosen mutual fund scheme.

The form typically requires basic personal details such as name, contact information, and KYC (Know Your Customer) compliance. It also includes options to select the mutual fund scheme, SIP amount, frequency, and tenure. Additionally, investors may need to provide bank account details for the automatic debit process.

Once submitted and processed, the SIP will begin, allowing the investor to invest in a disciplined and automated manner, helping them build wealth over time.