How can I start an SIP and can I shift my existing SIPs to 5paisa?

How can I start an SIP and can I shift my existing SIPs to 5paisa?

Investment in SIP can be done via the below steps:

1.      Log in to your 5paisa account Go to the Mutual Funds section



2.      Select Funds from our Popular Funds section or basket of funds based on your investment objective.



3.      Click on "Start SIP"



 4.      Mention the SIP amount



5.      Select the date you want the SIP to start and click on "Invest Now"

6.      There will be two payment modes one UPI and second Netbanking

   

7.      Enter the required details and click on "Confirm & Pay", your SIP will be registered
8.      Complete the mandate process by selecting your preferred amount to automate your future installment and keep investing.  
Can I shift my existing SIPs to 5paisa?

If you have an ongoing SIP with any other broker, you will have to stop that SIP and start a new one through 5paisa. It cannot be shifted from one to the other. However Holdings that are accumulated as a result of investing can be transferred.
 
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