Want to start an SIP online? Follow the 6 steps below to begin a new SIP on the Groww website.
In this article
Step1: Type the Name of Mutual Fund
Click on the magnifying glass icon on the screen and start typing the name of the mutual fund you want to invest in.
Step 2: Choose the Mutual Fund to Invest In
Once the name of your desired mutual fund shows up, click on it. This will open the mutual fund’s page on the Groww website. Here, you can see all the details about the particular mutual fund.
Step 3: Tap ‘Invest Now’
Once you have seen the details of the mutual fund, click on ‘Invest Now’ to invest in the mutual fund.
Step 4: Enter Amount to Invest
Step 5: Choose Date of SIP
Now, choose the date on which you want the SIP amount to auto-invest. Then, tap on, ‘Continue to payment’.
Step 6: Complete Payment
Tap on ‘Continue to Payment’. After which, confirm your payment and click, ‘Pay First Installment’. You can make the payment through netbanking.
You will get a message confirming your investment.
This is one step in starting an SIP. You will also need to add a biller so that the amount gets invested automatically every month.