Start a New SIP

Understand projected SIP growth and start your investment with ease

This helps users understand potential returns from a Systematic Investment Plan (SIP) and invest effortlessly.

• Example shown:

  • Investment: ₹10,000 per month

  • Duration: 15 years

  • Assumed Average Return: 12% per annum

• Projected Value: ₹47.59 Lakhs after 15 years.

This means, a person's investment would have grown to 47.59 lakhs, if he/she has invested ₹10,000 per month for 15 years at 12% assumed average return per annum.

• The chart illustrates compound growth over time:

  • X-axis: Time (3Y, 6Y, 9Y, 12Y, 15Y)

  • Y-axis: Accumulated amount (starting from ₹6.1L up to ₹52.4L)

• The curve shows how returns accelerate due to compounding.

Now, you have understood the potential of an SIP. So let's start an SIP.

How to Start a New SIP ?

• Launch the FundsGenie app and log in.

• On the Dashboard, locate the My SIP section.

• Click the + New SIP button to begin the process.

• Use the slider or input box to set how much do you want to invest every month.

• Minimum amount: ₹500

• Adjust the slider under Over a time period of to choose your investment horizon. (Range: 1 Year to 40 Years )

• The app will display a growth chart and projected amount based on your inputs.

• Now you will get an idea on how an SIP work.

• To start an SIP, first tap Explore Recommended Funds to view mutual fund options suitable for your SIP.

• You can compare funds and select the one that matches your goals.

• After selecting a fund, proceed to confirm details.

• Complete the process and payment setup.

• Your SIP will be scheduled as per chosen frequency.