Daily and Weekly SIPs Are Now Available on Groww

Investing regularly is one thing. Finding a schedule that works for you is another.

What if you want to invest in a mutual fund regularly, but don’t want to wait until the end of the month?

Your income may come in at different times, your expenses may vary through the month, and the way you invest can be different too.

That’s why we, at Groww, are making SIPs more flexible for our users.

With Daily and Weekly SIPs, you now have more flexibility to choose and invest in a mutual fund every working day, once a week or just stick to your regular monthly SIP schedule.

You can start a Daily SIP with as little as ₹100 per day, spread your investments across more dates, and manage your SIP schedule from one place.

You can choose the rhythm that works for you.

Let’s look at what this update means for your SIPs.

What’s New?

Earlier, SIPs on Groww could only be created on a monthly basis. With this new update, you can choose from three different frequencies when starting a new SIP:

• Daily: Invest a fixed amount every working day.
• Weekly: Pick a specific day of the week for automated investments.
• Monthly: Continue with your existing monthly routine.

You can select your preferred frequency during the SIP creation journey or directly on the SIP order card. You can also view the schedule of all your active investments in the SIP tab.

Key Highlights

➡️ Invest daily, weekly or monthly
Choose the SIP frequency that fits your investment plan.

➡️ Start with ₹100 per day
You can start a Daily SIP with an amount as low as ₹100 per day.

➡️ No large one-time amount needed to start
Daily and Weekly SIPs let you spread your investment into smaller installments over time.

➡️ More frequent investing
Daily or weekly investments mean your money is invested across more dates and NAVs.

➡️ Same fund, same goal
Your mutual fund and investment goal don't change. You simply get more flexibility in choosing your investment rhythm.

Let’s Take an Example

Suppose you want to invest ₹3,000 in a mutual fund every month.

With a monthly SIP, you could invest the entire ₹3,000 through one monthly instalment.

With a Daily SIP, you could instead choose a smaller amount that gets invested more frequently. For example, a ₹100 Daily SIP spreads investments across scheduled days rather than making one monthly investment.

Similarly, a Weekly SIP lets you invest once a week.

The total amount you invest depends on the SIP amount, frequency and number of scheduled instalments. The key difference is when and how often your investments are made.

How to Start a Daily or Weekly SIP on Groww?

Setting up a Daily or Weekly SIP works through the existing SIP creation journey on Groww.

Select an eligible mutual fund. Choose your preferred SIP frequency and set the amount you want to invest. 

Once your SIP is set up, you can also view the selected frequency in the SIP tab on Groww. 

A Few Things to Know

Before setting up a Daily or Weekly SIP, keep these points in mind:

• Holidays can affect installments: If an installment falls on a market holiday or there are fewer investment days in a month, the installment schedule may shift to the next available date as applicable.
• Daily SIPs may result in multiple AMC communications: Since a Daily SIP can have multiple installments, you may receive multiple communications from the AMC.
• Choose a frequency that works for you: Daily, Weekly and Monthly SIPs give you more flexibility to decide how often you want to invest. The right frequency depends on your investment plan and preferences.

With Daily and Weekly SIPs, you can now choose to invest daily, weekly or monthly based on what fits your investment routine and cash flow.

Whether you are starting with ₹100 a day or continuing with your monthly SIP, the goal remains the same — invest regularly in the way that works for you.