Mirae Asset Systematic Investment Plan (SIP)Back to Facilities


SIP

Achieving is possible with SIP.

Mirae Asset* had pioneered the concept of Regular Savings Plan (RSP) in Korea which is equivalent to Systematic investing and has been the undisputed market leader in RSPs in that market for the last decade.

* Refers to Mirae Asset Global Investment, Korea

In order to achieve your financial goals, you may benefit from our Systematic Investment Plan (SIP),

To further propel you to make an informed decision, we have developed an innovative SIP calculator. This calculator provides a simple Monthly SIP calculator which will help you estimate the amount you need to invest to meet your goals.

Systematic Investment Plan or SIP is a smart and hassle free way to invest money in mutual funds with certain pre-determined amount at regular intervals (monthly, quarterly etc.). Helping you to benefit from the power of compounding, SIP is an efficient way to average out your cost of investing. Therefore, it is not just an initial investment rather an asset you can rely on because it continuously works towards achieving your goals. Apart from all these advantages, with this act of regularity, SIP makes you a disciplined investor.

Benefits of SIP:

Systematic Investment Plan (SIP) is a smart financial planning tool that helps you build wealth, step by step, over a period of time. Key benefits of SIP are:

  • Lower cost through Rupee cost averaging - SIP saves you from timing the market because by investing fixed sums at regular intervals, you have the advantage of picking up more units when the prices are low and less units when the prices are high. Therefore, SIP can bring down the average cost of your units.
Months 1 2 3 4 5 6 7 8 8 10 11 12 Total Market
Value
NAV of the Scheme (Rs.) 10 8 6 8 9 9.5 11 8 10 11 12 13
SIP Investing
Amounts Invested (Rs.) 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 1000 12000
Units Allocated 100 125 167 125 111 105 91 125 100 91 83 77 1300 16,902
Lumpsum Investing
Investment (Rs.) 12000 0 0 0 0 0 0 0 0 0 0 0 1200
Units Allocated 1200 0 0 0 0 0 0 0 0 0 0 0 1200 15,600

  • Generate wealth through the compounding effect – Investing regularly for a long period of time could help you accumulate a sizeable corpus through power of compounding effect.
  • Disciplined Investing approach - It inculcates disciplined approach towards financial savings rather than ad hoc investment decisions.
  • Power of Compounding: SIP also helps in benefitting from the power of compounding, where your returns generate additional returns, which means longer the investment horizon, the greater the benefit.
  • Convenience - You can start your SIP online or by filling an application form.
    • Log in to https://transact.miraeassetmf.co.in/investor and register for iSIP
    • by submitting SIP Form at any of our branches or distribution partners

For the list of schemes which are eligible for this facility and other terms and conditions, please refer to the facility form.

Fund Name Availability Minimum Amount
Mirae Asset Cash Management Fund √ - Yes Rs. 1,000/- (multiples of 1/- thereafter), minimum 5 installments.
Mirae Asset Dynamic Bond Fund √ - Yes
Mirae Asset Savings Fund √ - Yes
Mirae Asset Short Term Fund √ - Yes
Mirae Asset Emerging Bluechip Fund √ - Yes (1st to 28thof every month)
Mirae Asset Tax Saver Fund √ - Yes
Mirae Asset Great Consumer Fund √ - Yes
Mirae Asset Healthcare Fund √ - Yes
Mirae Asset Large Cap Fund √ - Yes
Mirae Asset Hybrid Equity Fund √ - Yes
Mirae Asset Focused Fund
Mirae Asset Equity Savings Fund

ANY DATE SIP

Systematic Investment Plan (SIP) is a smart and hassle free way to invest money in mutual funds with certain pre-determined amount at a regular interval (monthly, quarterly etc.). It is designed to help investors save regularly and thus accumulate wealth in a disciplined manner over long-term. However, existing SIP allows investor only restricted date range to invest through SIP for example every 1st, 15th, 30th or etc. This makes investors to plan their expenses and investment aligned to the SIP date range.

"ANY DATE SIP" provides one of the better investment experiences by allowing the investor to choose any investment date of the month depending upon the investors’ expense and income flow.

Key Benefit of ANY DATE SIP

  1. Customization: Investor can choose can invest on any date of the moth (1-28th) that suits them
  2. Convenience: Easy to register by online with a one-time set up. SIPs will automatically start getting accumulated monthly on the date you choose
  3. Same SIP benefits: Investors still enjoy benefits of Compounding, Rupee cost averaging etc.

Example

One good rule to make saving is to keep the investment date close to your income/salary date, so that you can save before you spend. If your salary date is every 15th of month, in any date SIP, you can set SIP date 16th and easily save your salary before you spend!

Or if you have additional regular income such as monthly rental on every 10th of month and you want to save the additional income through SIP, you can set your SIP to every 11th!

SIP date even can be set up to your lucky number like every 7th, 3rd or whenever

*Note: In case, the instalment date chosen in the current or subsequent month is a non-business day or is not available, the instalment will be applied on the next business day.
*Please read the offer documents to know in details about this facility

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