PAN card, an address proof, a passport size photograph and a cheque book required to start a SIP.
It is mandatory to comply with the Know your Customer (KYC) requirements for investing in mutual funds.
You can visit the website of the fund house and choose the SIP of your choice once your KYC is complete.
Check for ‘Register Now’ link to register a new account.
Before submitting the form, you need to fill in all the personal details and contact information.
Choose a username and password for transacting online.
Bank account details to be submitted from which the SIP payments will be debited.
Select the scheme you want to invest in after logging in with your username.
The investment can start, once the registration is complete and the fund house has sent a confirmation.
The SIPs usually start after a gap of 35-40 days.