I have been investing through SIP for the past 7 years. All these years the amount is going from my Bank account. 6 months back I invested in a Debt: Ultra Short Term fund in HDFC and setup STP to Top200 and Prudence. I am tracking the NAV of the debt fund and noted that it has given me 9 to 10% returns which is obviously far better than bank interest. I am keeping this as an emergency fund too.

Now I would like to do the same for other fund houses too, then I have create 3 more Debt/Income funds.

Any suggestion or do you think I should stick with the SIP directly through bank. Has anyone analysed compared such methods?