What is an SIP?
Systematic Investment Plan (SIP) is a hassle-free method of investment that helps you achieve your financial goals by investing small sums of money on a periodic basis. It allows you to smartly invest in a Mutual Fund by making smaller periodic investments (monthly or quarterly) in place of a heavy one-time investment. It is a great alternative to long term commitments like PPF or Insurance plans. Starting early and investing regularly is advisable to minimize the investment amount needed to achieve your goals.
How SIP works?
With UTI SIP, your amount to be invested will be periodically auto-debited from your bank account and will be invested into a specific mutual fund scheme. You will be allocated a particular number of units accordingly, based on the current market rate (net asset value or NAV in short) for the day.
You also have the option to choose from direct and regular plans. Direct plans are bought directly from the mutual fund company, whereas a Regular plan is bought through an intermediary (advisor, broker or distributor)
You can calculate the expected returns on your investment using our easy SIP calculator.
Please read the terms and conditions carefully before investing. Do keep in mind that minimum amounts may differ for each SIP Scheme. Please refer to the SIP Enrolment Form for details.