Home
Account Login
Not Logged In
☰
  • Trade Now
  • About Us
    • Why Choose us
      • About Kotak Securities
      • Awards and Accolades
      • About Kotak Group
      • Technology
      • Strong Research
      • Ease of Use
      • Service
      • Testimonials
    • Media
      • Press Release
      • Corporate Profile
      • Media Kit
    • Careers
      • NISM Course
      • Current Openings
      • Leadership Speaks
      • Recognition
      • Work Culture
  • Offerings
    • Asset Classes
      • Equity
      • Derivative
      • MF
      • IPO
      • ETF
      • Nifty ETF
      • Currency Derivatives
      • Tax Free Bonds
      • Gold ETF
      • Stock Lending & Borrowing (SLBM)
      • Interest Rate Futures
      • Commodity
    • Trading Tools
      • Website
      • KEAT PRO X
      • Kotak Stock Trader
      • Smallcase
      • Fastlane
      • Xtralite
      • Dealer assisted trading
      • Call and Trade
      • TradeSmart Store
      • TradeSmart Derivatives
      • TradeSmart Insights
      • TradeSmart Trends
      • Chat To Trade
    • Account Types
      • Demat Account
      • EquityTrading Account
      • 2 in 1 Account
      • Trinity Account
      • Linked Account
      • NRI Account
      • Foreign Investors (QFI)
      • PMS
      • Private Client Group (PCG)
      • Pearl Account
    • Brokerage Options
      • Free Intraday Trading
      • Dynamic Brokerage
      • Fixed Brokerage
      • Advance Brokerage
      • NRI Brokerage Plans
      • Shubh Trade
    • Value Added Features
      • Refer and Earn
      • Track External Investments
      • WillSecure
      • Margin Calculator
      • Autoinvest
      • Margin Trading Facility
      • Super Multiple
      • BNST
      • Portfolio Tracker
      • SMS Alerts
      • Indicators and Technical Charts
      • Capital gain report
      • Stock as Margin
      • AMO
  • Markets
    • Market Indices
      • Indian Indices
      • Global Indices
    • Equities
      • Share Market Live
      • Gainer
      • Loser
      • Most Active Stocks
      • Volume Buzzer
      • 52Wk High
      • 52Wk Low
    • Derivatives
      • Derivatives Overview
      • Most Active Contracts
      • Gainers
      • Losers
      • Most Active Put
      • Most Active Call
      • Open Interest
      • Highest in Premium
      • Put Call Ratio
      • Historic Data
    • News
      • All News
      • Bullion News
      • Economic Growth
      • Economy General
      • Other News
    • Currencies
      • FII & DII Activities
      • Event Calendar
      • Announcements
      • Recent Deals
        • Block
        • Bulk
    • Currencies
    • FII & DII Activities
    • Event Calendar
    • Announcements
    • Recent Deals
      • Block
      • Bulk
  • Research
    • Live Research Calls
      • Fundamental Call
      • Technical Call
      • Derivatives Call
      • SIP Call
      • Top Monthly Picks
      • Pick of the Week
      • Consensus
      • Research Success Rate
    • Kotak Research Centre
      • Investors Research
      • Trader Research
      • Mutual Fund Research
      • Nifty Call of the Day
    • Latest Research Reports
      • Buyback
      • Stock Recommendations
      • Trading Recommendations
      • Sector research and updates
      • Market strategy research
      • Derivatives strategy
      • Currency and forex insights
    • Research Events
      • Annual Investor
        Conference 2018
      • Research webinars
    • Sample Research Reports
      • Fundamental
      • Technical
      • Derivatives
      • Currency Derivatives
  • Knowledge Bank
    • Kotak University
    • Union Budget
    • Aadhaar Card
    • Equity Trading
    • Derivative Trading
    • Intraday Trading
    • Mutual Funds
    • Financial Planning
    • Pan Card
    • Voter ID
    • Driving License
    • Income Tax
    • Calculators
    • Videos
    • Meaningful Minutes
    • Articles
  • Help
    • Contact Us
      • Branch Locator
      • Open an Account
      • Activate an account
      • Check Application
        Status
      • FAQs
    • Demos
    • Forms
    • Chat
  • Franchisee
    • Overview
      • Login
      • Partner with us
      • What is a Franchisee?
      • How to become a Franchisee?
      • Broker v/s Sub-Broker
      • Business Models
    • About Us
      • Why Join Us?
      • Partner Success Stories
    • Business Models
      • Business Support
      • Training & Events
      • Tools & Software
    • Contact Us
      • FAQs
Home » Research » Investment Knowledge Bank » How To Start An Sip Investment
RESEARCH: Knowledge Bank
  • Kotak Research Center
  • Sample Research Reports
  • Community Recommendations
  • Meaningful Minutes
  • Stock Trader App
  • Demat Account

How To Start SIP Investment

How to invest in SIP

Systematic investment plan (SIP) is easy once you know how much to invest and how often. It is simple enough—just complete the KYC formalities, register for an account, and start investing!

You may sometimes wish to invest a big sum, but you do not have the full amount at one go. A systematic investment plan (SIP) can come in handy here.

SIPs allow you to invest small sums at regular intervals to buy mutual fund units. This helps inject discipline into your investment habits. If you frequently end up spending more than you should, and not investing enough, SIPs can get you on the right track.

(Read more: What is a mutual fund?)

So, how do you start an SIP? Here is an outline of the procedure involved:

Step 1: Complete your Know Your Customer (KYC) formalities

To invest in mutual funds—whether through an SIP or otherwise—you will first need to become KYC-compliant.

Arrange for the necessary documents:

The paperwork requirements for starting an SIP are rather basic. You would need the following documents:

  • PAN card

  • Proof of address (e.g. Aadhaar, passport, voter ID, utility bill, driving licence, etc.)

  • Passport-size photograph

  • Cheque book (to provide your bank details)

(Read more: What is a KYC document?)

Begin the KYC process:

Start by visiting the website of a fund house that offers the eKYC (i.e. electronic KYC) facility. You could also visit the online portals of registrar and transfer agents like CAMS and Karvy.

At this stage, you will have to provide your name, date of birth and contact details, among other basic information. Upload soft copies of your PAN card, address proof and photograph to support the details provided.

Complete the in-person verification:

You would need to schedule an appointment for a video call. The objective is to confirm your identity through a webcam. You will also have to show your PAN card and address proof at this stage.

An easier option:Using your Aadhaar card can simplify the process. Here is what you need to do:

  • Enter your Aadhaar number.

  • Enter the one-time password sent to your linked mobile number.

  • Your basic details will be automatically filled in.

  • There is no need for verification via a video call.

Keep in mind:Aadhar-based KYC limits you to a yearly investment of Rs 50,000. To extend this amount, you will need to provide your PAN card details.

Once you are KYC-compliant, you can invest in any mutual fund scheme from any fund house you like. You do not have to go through the KYC process each time you approach a different fund house.

(Read more: How mutual funds work?)

Step 2: Register for an SIP

Your focus now should be on registering for an SIP in a mutual fund scheme of your choice. How should you go about this?

  • First, visit the website of the fund house that offers the scheme.

  • Look for a link to register a new account. (You may find a button that says ‘New Investor’ or ‘Register Now’, for example.)

  • Once you click on this link, you will be taken to a simple application form. Here, you must fill in your basic personal details and contact information.

  • At this point, you may have to choose a user ID and password for carrying out transactions online.

  • Provide the details of the bank account from which the SIP payments will be debited.

Once the registration is complete at your end and the fund house has sent a confirmation, you are ready to start investing.

Step 3: Select the right SIP

What is the right SIP for your needs? It will depend on your income and expenditure, your financial goals, and the amount you are willing to invest.

  • How much should you invest?

    Experts often suggest linking an SIP with a financial objective (e.g. buying a car, paying for a vacation, building a retirement corpus). Use an SIP calculator to assess how much you need to save on a monthly or quarterly basis to achieve that goal.

  • When should you invest it?

    Scan your past bank statements to check when exactly your salary and other income payments come in. Use this information to set a date on which to debit the SIP amount.

  • What should you invest in?

    The sheer number of options available to you can be confusing. If your risk tolerance is high, an equity-linked plan could be a good fit for you. Those with a lower appetite for risk can look at debt or balanced funds instead. Studying current market trends and the past performance of funds will help you make the right choice.

(Read more: How to choose a mutual fund scheme?)

WHAT NEXT?

  • Simply log in to your account at any time using your user ID and password.

  • Select the scheme of your choice.

  • Specify the amount you wish to invest and the payment intervals.

The SIP will start around a month after you complete this process.

Previous Chapter Next Chapter
All Chapters
What is mutual fund   What is NAV   What is liquid fund
How mutual fund works   How to calculate NAV   What are small caps mutual funds
Different types of mutual funds   What is KYC document   What is large cap fund
How to choose mutual fund scheme   What is debt fund   What is ELSS
Mutual funds terms and concepts   What is equity fund   How to invest in ELSS
What is SIP   What is hedge fund   How to buy and sell mutual funds
How to start SIP investment   What is hybrid fund    
Trading Demos
  • Mobile Trading with Kotak Stock Trader View Demo
  • Desktop Trading with KEAT ProX View Demo
2014731144017362903433
Why Capital gains report?
  • Snapshot of profit/loss
  • Reflects performance of your portfolio
  • Helps compute taxes
Reach Us

Stock Market Sectors :        A | B | C | D | E | F | G | H | I | J | L | M | N | O | P | R | S | T | V | W |

About Us

  • • Branch Locator
  • • About Kotak Securities
  • • Awards and Accolades
  • • About Kotak Group
  • • Technology
  • • Strong Research
  • • Customer Support Chat
  • • Brokerage Charges

Asset Classes

  • • Equity Trading
  • • Derivative Trading
  • • Mutual Fund Investment
  • • IPO
  • • Gold Funds
  • • Currency Derivatives
  • • Fixed Deposits & Tax Free Bonds
  • • Debentures

Derivatives Market

  • • Most Active Contracts
  • • Gainers
  • • Losers
  • • Top Volume Traded
  • • Top Value Traded
  • • Most Active Put
  • • Most Active Call
  • • Open Interest
  • • Highest in Premium
  • • Put Call Ratio

Investment Knowledge Bank

  • • Share Market Basics
  • • What is Demat Account
  • • What are Derivatives?
  • • What are Futures?
  • • What are Options?
  • • What are Mutual Funds?
  • • Basics of Financial Planning
  • • Calculators
  • • Videos
  • • Meaningful Minutes

Trading Tools & Research Reports

  • • KEAT PRO X
  • • Kotak Stock Trader APP
  • • Fastlane
  • • Xtralite
  • • Dealer assisted trading
  • • Call and Trade
  • • Investors Research
  • • Trader Research
  • • Mutual Fund Research
  • • Fundamental Analysis Reports
  • • Technical Analysis Reports
  • • Derivative Reports
  • • Currency Derivative Reports

Account Types & Value Added Services

  • • Demat Account
  • • 2 in 1 Account
  • • Trinity Account (3-in-1 Account)
  • • Linked Account
  • • NRI Account
  • • PMS
  • • Margin Trading
  • • BNST
  • • TradeSmart Store
  • • SMS Alerts
  • • AMO

Equity Market

  • • Share Market Live
  • • Gainer
  • • Loser
  • • Most Active Stocks
  • • Volume Buzzer
  • • 52Wk High
  • • 52Wk Low
  • • All Market News
  • • Bullion News
  • • Economy General
  • • Corporate Actions
  • • Other News
CUSTOMER CARE TOLL FREE

1800 209 9191 / 1860 266 9191

Mon to Fri – 8.00 AM TO 6.00 PM
Sat – 9.00 AM to 2.00 PM
To dial from Mobile phone add city STD code

Existing customers can send in their grievances for Trading account to service.securities@kotak.com
& Demat account to ks.demat@kotak.com

Connect with us

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. Attention Investors Prevent Unauthorized Transactions in your demat / trading account --> Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors. Circular No.: NSDL/POLICY/2014/0094, NSE/INSP/27436, BSE - 20140901-21

Kindly note that as per NSE circulars nos: NSE/INVG/36333 dated November 17, 2017, NSE/INVG/37765 dated May 15.2018 and BSE circular nos: 20171117-18 dated November 17, 2017, 20180515-39 dated May 15.2018, trading in securities in which unsolicited messages are being circulated is restricted. The list of such stocks are available on the website of NSE & BSE. In case of any queries, request you to kindly get in touch with Customer Service on 18002099191/9292

Kotak Securities Ltd. bearing licence no. CA0268 is a Corporate Agent of Kotak Mahindra Old Mutual Life Insurance Ltd. We have taken reasonable measures to protect security and confidentiality of the Customer Information.

The Stock Exchange, Mumbai is not in any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulations, Bye-laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in force from time to time.
The Stock Exchange, Mumbai is not answerable, responsible or liable for any information on this Website or for any services rendered by our employees, our servants, and us.

Filling complaints on SCORES- Easy & Quick

a. Register on SCORES portal  |  b. Mandatory details for filling complaints on SCORES  i. Name, PAN, Address, Mobile Number, E-mail ID  |  c. Benefits:  i. Effective Communication  ii. Speedy redressal of the grievances

Charges for Other Services  |  Disclaimer  |  Sitemap  |  Privacy & Security  |  256 Bit Encryption  |  BSE  |  NSE  |  MSE  |  MCX  |  SEBI  |  SCORES  |  Anti Money Laundering Measures  |  Important Policies  |  Dos & Donts  |  National Pension System  |  List of GST Registration Number

© 2005 Kotak Securities Limited.

Registered Office: 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051. Telephone No.: +22 43360000, Fax No.: +22 67132430.
Correspondence Address: Infinity IT Park, Bldg. No 21, Opp. Film City Road, A K Vaidya Marg, Malad (East), Mumbai 400097. Telephone No: 42856825.

CIN: U99999MH1994PLC134051. SEBI Registration No: INZ000200137(Member of NSE, BSE, MSE, MCX & NCDEX), AMFI ARN 0164, PMS INP000000258 and Research Analyst INH000000586.

NSDL/CDSL: IN-DP-NSDL-23-97

New To share Market?

Open Your Account Today!

New Customer?

Hurry! Sign up for Free Intraday Trading now

BROKERAGE FREE

on intraday trades

AVAIL THE OFFER NOW

NO ACCOUNT OPENING CHARGES



Submit

Please Note

That by submitting the above mentioned details, you are authorising Kotak Securities & its sub-brokers & agents to call you and send promotional communication even though you may be registered under DNC.

Open An Account