POSTED BY April 4, 2012 11:45 pm COMMENTS (3)ON
if anyone wants to invest, small amount for eg. 300 rs, 500rs per month, are there any funds which allow this kind of SIP? low income members can exploit this opportunity plus people who are reluctant of saving big sum could also make a start…
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3 replies on this article “SIP amount”
If u want top class funds, go for quarter SIP.
I guess, there are few fund companies that are allowing SIP for amount less than 500.
If i am not wrong, i guess Reliance and ICICI Fund companies came up with concept of Micro SIp.
Check with Reliance MF. they may have MF that allows SIP amount starting from rs 100
Dear Ajinkya, many of funds allow low SIP amount say 500 Rs. Almost all ELSS have minimum 500 Rs. SIP amount. One of the best performing fund for past 5-6 years, Quantum Long Term Eq. has minimum investment amount of 500 Rs.