{"id":3203,"date":"2022-06-20T06:53:48","date_gmt":"2022-06-20T06:53:48","guid":{"rendered":"http:\/\/3.6.240.223\/lxmi-wp\/?p=3203"},"modified":"2025-06-23T09:13:56","modified_gmt":"2025-06-23T09:13:56","slug":"sip-for-beginners","status":"publish","type":"post","link":"https:\/\/lxme.in\/v1\/sip-for-beginners\/","title":{"rendered":"SIP for Beginners: A Beginner&#8217;s Guide to Understanding SIP"},"content":{"rendered":"\n<p>Are you new to the world of investments and looking for a simple yet effective way to grow your wealth? Welcome to the beginner&#8217;s guide to SIP, where you&#8217;ll embark on a journey to understand the power of <a href=\"https:\/\/lxme.in\/how-to-start-investing-with-low-income\/\" target=\"_blank\" rel=\"noreferrer noopener\">Systematic Investment Plans<\/a> (SIPs). Whether you&#8217;re a novice investor or someone seeking a hassle-free way to build financial security, SIPs offer a smart and accessible path. <\/p>\n\n\n\n<p>In this guide, we break down the basics, demystify the jargon, and empower you to take control of your financial future. Let&#8217;s dive into the world of SIP investing and set you on the path to financial success.<\/p>\n\n\n\n<p><em>Meet Mehak! Mehak has just started her investment journey &amp; is getting confused with the terms used in Mutual Funds!<\/em><\/p>\n\n\n\n<p>She wonders<strong><em>,&nbsp;is SIP the same as a Mutual Fund? Is a Systematic Investment Plan (SIP) a type of Mutual Fund?<\/em><\/strong>&nbsp; Eventually, every new investor may have experienced or is still experiencing a level of difficulty like that of Mehak!<\/p>\n\n\n\n<p>If you&#8217;re someone who likes or is familiar with<a href=\"https:\/\/lxme.in\/sip-for-beginners\/\" target=\"_blank\" rel=\"noreferrer noopener\">&nbsp;<\/a><strong>Systematic Investment Planning<\/strong>,&nbsp;you already know the answers to these questions. On the other end, if you are not, we\u2019ve got you covered \u2013<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_75 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/lxme.in\/v1\/sip-for-beginners\/#What_are_SIPs\" >What are SIPs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/lxme.in\/v1\/sip-for-beginners\/#How_do_SIPs_work\" >How do SIPs work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/lxme.in\/v1\/sip-for-beginners\/#How_do_SIP_Benefits_differ_from_that_of_a_Lump_sum_investment\" >How do SIP Benefits differ from that of a Lump sum investment?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/lxme.in\/v1\/sip-for-beginners\/#1Rupee_Cost_Averaging\" >1.Rupee Cost Averaging-<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/lxme.in\/v1\/sip-for-beginners\/#2_Low_Entry_Level\" >2. Low Entry Level-<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/lxme.in\/v1\/sip-for-beginners\/#3No_need_to_time_the_market\" >3.No need to time the market-<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/lxme.in\/v1\/sip-for-beginners\/#4_The_Power_of_Compounding\" >4. The Power of Compounding-<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/lxme.in\/v1\/sip-for-beginners\/#How_Can_SIP_Benefit_Women\" >How Can SIP Benefit Women?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/lxme.in\/v1\/sip-for-beginners\/#How_can_you_invest_in_SIPs\" >How can you invest in SIPs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/lxme.in\/v1\/sip-for-beginners\/#Is_there_a_lock-in_period_for_SIPs\" >Is there a lock-in period for SIPs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/lxme.in\/v1\/sip-for-beginners\/#Is_SIP_tax_saving\" >Is SIP tax saving?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/lxme.in\/v1\/sip-for-beginners\/#FAQs_%E2%80%93_Frequently_Asked_Questions\" >FAQ\u2019s \u2013 Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/lxme.in\/v1\/sip-for-beginners\/#1_How_do_beginners_start_SIP\" >1. How do beginners start SIP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/lxme.in\/v1\/sip-for-beginners\/#2_Can_I_start_a_SIP_of_500_per_month\" >2. Can I start a SIP of 500 per month?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/lxme.in\/v1\/sip-for-beginners\/#3_How_much_money_do_I_need_to_start_SIP\" >3. How much money do I need to start SIP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/lxme.in\/v1\/sip-for-beginners\/#4_Can_I_start_SIP_with_100_RS\" >4. Can I start SIP with 100 RS?<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/lxme.in\/v1\/sip-for-beginners\/#Yes_you_got_that_right\" >Yes, you got that right!&nbsp;<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_SIPs\"><\/span><strong>What are SIPs?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>SIP stands for&nbsp;<strong>Systematic Investment Plan<\/strong>.&nbsp;A SIP is not a Mutual Fund&#8217;s substitute, nor is it a Mutual Fund&#8217;s category. It is a way of investing a set amount of money in a Mutual Fund on a&nbsp;<strong>regular basis<\/strong>.&nbsp;When you set up a SIP,&nbsp;<strong>a specific amount<\/strong>&nbsp;is deducted from your bank account regularly (monthly, quarterly, weekly, etc.) <\/p>\n\n\n\n<p>The deducted amount is then put into a Mutual Fund of your choice, which grows and accumulates over time. SIPs are popular because it&#8217;s&nbsp;<strong>economical<\/strong>,&nbsp;and having an automated mandate makes it easier, allowing you to tick something off your to-do list.<\/p>\n\n\n\n<p>Whereas, the other type of Mutual Fund investment is&nbsp;<strong>a<\/strong>&nbsp;<strong>Lump Sum purchase<\/strong>,&nbsp;in which you purchase units of a Mutual Fund scheme as and when you have the funds. For instance, Ms. Pari got a bonus of \u20b950,000 from her company and she invested the entire amount in an Equity Mutual Fund at one go!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_do_SIPs_work\"><\/span><strong>How do SIPs work?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Before you start investing, it\u2019s important to understand how Systematic Investing Planning works. A SIP allows you to invest in any type of Mutual Fund, allowing you to build wealth over a period of time. For instance, Ms. Pari starts investing a set amount of \u20b91000 (from March 2022) in a monthly SIP and has her SIP date set as 5th of each month. <\/p>\n\n\n\n<p>As a result, on the 5th of every month, this amount will be automatically deducted from Ms. Pari\u2019s bank account and invested in the Mutual Fund of her choice. Herein, on March 5, 2022, the NAV of the Mutual Fund scheme was \u20b910, and Ms. Pari had invested \u20b91000. As a result, Ms. Pari was allotted 100 units &amp; so on for further months.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Date<\/td><td>Particulars <\/td><td>NAV<\/td><td>Amount<\/td><td>Units<\/td><td>Total Units <\/td><\/tr><tr><td>5\/3\/2022<\/td><td>Monthly SIP<\/td><td>\u20b910<\/td><td>\u20b91000<\/td><td>100<\/td><td>100<\/td><\/tr><tr><td>5\/4\/2022<\/td><td>Monthly SIP<\/td><td>\u20b98<\/td><td>\u20b91000<\/td><td>125<\/td><td>225<\/td><\/tr><tr><td>5\/5\/2022<\/td><td>Monthly SIP<\/td><td>\u20b912<\/td><td>\u20b91000<\/td><td>83.33333333<\/td><td>308.3333333<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">Mutual Fund investments are subject to market risks, read all scheme related documents carefully.<\/figcaption><\/figure>\n\n\n\n<p><strong><em>According to the example above, Ms. Pari has 308.333 units, as on May 31, 2022. If the NAV of this scheme is \u20b913, the current value of Ms. Pari&#8217;s investments will be \u20b94008.33 (308.33*13).<\/em><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_do_SIP_Benefits_differ_from_that_of_a_Lump_sum_investment\"><\/span><strong>How do SIP Benefits differ from that of a Lump sum investment?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>SIP benefits, as compared to Lump-sum Investments (when you make a single payment investment), include: &nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1Rupee_Cost_Averaging\"><\/span><strong>1.Rupee Cost Averaging-<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>When the market is low, you get more units of your chosen Mutual Fund, and when the market is high, you get fewer units, like Ms. Pari received 100 units in March and 125 units in April. After a period of regular Systematic Investment Planning, your average cost of purchase falls below the scheme&#8217;s current NAV. This is known as Rupee Cost Averaging.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_Low_Entry_Level\"><\/span><strong>2. Low Entry Level-<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>To invest in SIPs, you don&#8217;t need a large sum of money. That is, you can start investing with just \u20b9100.<\/p>\n\n\n\n<p>You can check out the<strong> <\/strong><a href=\"https:\/\/lxme.onelink.me\/95JV\/mymoneytab5\" target=\"_blank\" rel=\"noopener\"><strong>LXME Rs.100 portfolios<\/strong><\/a>, which are diversified and curated by experts.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3No_need_to_time_the_market\"><\/span><strong>3.No need to time the market-<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Investing in SIPs on a regular basis allows you to take advantage of Market Volatility while removing the need to time the market. When we invest, one usually aims to buy Low and Sell high (in order to earn profit). However, it is not always easy to buy low, especially when investing in the stock market. When investing through SIPs, however, this is not a concern. It&#8217;s because a systematic investment plan (SIP) is a disciplined way of investing in Mutual Funds.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_The_Power_of_Compounding\"><\/span><strong>4. The Power of Compounding-<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>When you invest through a SIP for the long term, you profit from the Power of Compounding. For example, if you put \u20b9100 in a fund and get 4% interest in the first month, the total value of your funds at the end of the month will be \u20b9104. Now, in the coming month; you will earn interest on \u20b9104 &amp; not just \u20b9100. That is, earning returns over the returns already earned. And this is where the Power of Compounding plays its role!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_Can_SIP_Benefit_Women\"><\/span><strong>How Can SIP Benefit Women?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Many women today earn well, implying that they are equally capable of managing their finances. We&#8217;ve all watched our mothers manage household finances, often in parallel with their work responsibilities &amp; save a good amount of money here &amp; there every month. But when this money is invested, it will help you to generate returns over her investments. <\/p>\n\n\n\n<p>And this is when SIP investing comes into play. SIPs are a great way to build up your investments for long-term goals like your<a href=\"https:\/\/lxme.in\/how-to-retire-early\/\"> retirement,<\/a> education, and <a href=\"https:\/\/lxme.in\/wedding-shenanigans-that-wont-drain-your-wallet\/\">marriage <\/a>for your children. You can also use SIPs to pursue other aspirational goals, such as a foreign trip by just saving a little portion of your money at regular intervals!&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" data-id=\"12722\" src=\"https:\/\/lxme.in\/wp-content\/uploads\/2022\/06\/START-your-SIP-TODAY.jpg\" alt=\"SIP setup features of Lxme App\" class=\"wp-image-12722\" srcset=\"https:\/\/lxme.in\/v1\/wp-content\/uploads\/2022\/06\/START-your-SIP-TODAY.jpg 1024w, https:\/\/lxme.in\/v1\/wp-content\/uploads\/2022\/06\/START-your-SIP-TODAY-300x169.jpg 300w, https:\/\/lxme.in\/v1\/wp-content\/uploads\/2022\/06\/START-your-SIP-TODAY-150x84.jpg 150w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_can_you_invest_in_SIPs\"><\/span><strong>How can you invest in SIPs?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The&nbsp;<strong><a href=\"https:\/\/lxme.onelink.me\/95JV\/goalcalculator5\" target=\"_blank\" rel=\"noopener\">LXME Calculators<\/a><\/strong>&nbsp;will assist you in determining the SIP amount with which you can start investing. The funds given under this tab are backed by the expertise of the Anand Rathi Research Team, which holds an experience of 25+ years. Not just that, these funds are further diversified into time-based baskets to reduce the overall risk of investing (For instance, 70% in Equities &amp; 30% in Debt). <\/p>\n\n\n\n<p>To get started on your investment journey, you\u2019ll require an Investment Account. At <a href=\"https:\/\/bfsi.economictimes.indiatimes.com\/news\/fintech\/55-indian-women-unaware-of-their-investments-lxme-survey\/90048647\" target=\"_blank\" rel=\"noreferrer noopener\">LXME<\/a>, opening an Investment Account is free of cost. You can start investing once your Investment Account is ready. All you have to do is follow these simple steps-<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Open the L<strong>X<\/strong>ME App &amp; Click on&nbsp;<strong>MyMoneyTab<\/strong>.<\/li>\n\n\n\n<li>Select an investment option based on your Financial Goals (like planning for your retirement, or child\u2019s education), risk tolerance (the amount of risk the investor is willing to take) &amp; time period of investing (years of investing).<\/li>\n\n\n\n<li>Once done, click on&nbsp;<strong>Invest Now.<\/strong><\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_there_a_lock-in_period_for_SIPs\"><\/span><strong>Is there a lock-in period for SIPs?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In Mutual Funds, a lock-in period means you can&#8217;t get your money out until a certain amount of time has passed since you invested. In SIP investments, Open-ended Mutual Funds have&nbsp;<strong>no<\/strong>&nbsp;lock-in period. The only Open-ended Mutual Fund with a 3 years lock-in term is&nbsp;<strong>ELSS (Equity Linked Savings Scheme).<\/strong>&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_SIP_tax_saving\"><\/span><strong>Is SIP tax saving?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Yes, SIP does help in saving tax, ELSS lumpsum and SIP tax benefits can be availed up to \u20b91.5 Lakh every year. You can learn more about it by reading the ELSS blog. Why is making an investment in SIP so popular? SIP is a simple approach to building long-term wealth through small investments. Also, SIPs are cost-effective because they allow you to invest a small amount every month &amp; in turn average out the cost of investing. For those just starting their investment journey, SIPs are also a great way to <strong><a href=\"https:\/\/lxme.in\/learn-finance\/\" target=\"_blank\" data-type=\"page\" data-id=\"6164\" rel=\"noreferrer noopener\">learn investment for beginners<\/a><\/strong> while building the discipline of regular investing. On that note, at LXME, you can start your SIP investments in Equity &amp; Debt Mutual Funds with as little as \u20b9100.<\/p>\n\n\n\n<p>Overall, SIPs can be a great investment option for investors who want to build wealth through Mutual Fund investments over a period of time.<\/p>\n\n\n\n<p><strong>Related Article You may Like :-<\/strong>&nbsp;<a href=\"https:\/\/lxme.in\/how-to-start-investing-with-low-income\/\" target=\"_blank\" rel=\"noreferrer noopener\">How to start investing with low income &#8211; LXME<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs_%E2%80%93_Frequently_Asked_Questions\"><\/span>FAQ\u2019s \u2013 Frequently Asked Questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1694767314715\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"1_How_do_beginners_start_SIP\"><\/span><strong>1. How do beginners start SIP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>To start SIP for beginners, follow these steps:<br \/>Choose a reliable mutual fund provider.<br \/>Create an account with them.<br \/>Select the SIP option and the amount you want to invest.<br \/>Provide necessary KYC documents.<br \/>Set up a bank mandate for automatic monthly deductions.<br \/>Your SIP journey begins!<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1694767338081\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"2_Can_I_start_a_SIP_of_500_per_month\"><\/span><strong>2. Can I start a SIP of 500 per month?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, SIPs are flexible. Beginners can start SIPs with as little as 500 per month. It&#8217;s a great way to begin your investment journey.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1694767354146\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"3_How_much_money_do_I_need_to_start_SIP\"><\/span><strong>3. How much money do I need to start SIP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>You can start SIP for beginners with varying amounts, typically as low as 500 to 1,000 RS. The key is consistency and gradually increasing your investments over time.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1694767364454\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"4_Can_I_start_SIP_with_100_RS\"><\/span><strong>4. Can I start SIP with 100 RS?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Absolutely! Starting a SIP with 100 RS is a wise choice for beginners. It&#8217;s an affordable and accessible way to enter the world of investments.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Yes_you_got_that_right\"><\/span><strong>Yes, you got that right!<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p><strong>SIP&nbsp;investing is as effortless as sipping a cup of tea!<\/strong><\/p>\n\n\n\n<p>Explore more about <strong>SIP for beginners<\/strong> and financial empowerment on <strong>LXME&#8217;s Instagram!<\/strong> Follow us for captivating insights and tips. Know More!<\/p>\n\n\n\n<blockquote class=\"instagram-media\" data-instgrm-captioned data-instgrm-permalink=\"https:\/\/www.instagram.com\/p\/CvGy21CIU4t\/?utm_source=ig_embed&amp;utm_campaign=loading\" data-instgrm-version=\"14\" style=\" background:#FFF; border:0; border-radius:3px; box-shadow:0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width:540px; min-width:326px; padding:0; width:99.375%; width:-webkit-calc(100% - 2px); width:calc(100% - 2px);\"><div style=\"padding:16px;\"> <a href=\"https:\/\/www.instagram.com\/p\/CvGy21CIU4t\/?utm_source=ig_embed&amp;utm_campaign=loading\" style=\" background:#FFFFFF; line-height:0; padding:0 0; text-align:center; text-decoration:none; width:100%;\" target=\"_blank\" rel=\"noopener\"> <div style=\" display: flex; flex-direction: row; align-items: center;\"> <div style=\"background-color: #F4F4F4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;\"><\/div> <div style=\"display: flex; flex-direction: column; 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font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:550; line-height:18px;\">View this post on Instagram<\/div><\/div><div style=\"padding: 12.5% 0;\"><\/div> <div style=\"display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;\"><div> <div style=\"background-color: #F4F4F4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);\"><\/div> <div style=\"background-color: #F4F4F4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;\"><\/div> <div style=\"background-color: #F4F4F4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);\"><\/div><\/div><div style=\"margin-left: 8px;\"> <div style=\" background-color: #F4F4F4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;\"><\/div> <div style=\" width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg)\"><\/div><\/div><div style=\"margin-left: auto;\"> <div style=\" width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);\"><\/div> <div style=\" background-color: #F4F4F4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);\"><\/div> <div style=\" width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);\"><\/div><\/div><\/div> <div style=\"display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;\"> <div style=\" background-color: #F4F4F4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;\"><\/div> <div style=\" background-color: #F4F4F4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;\"><\/div><\/div><\/a><p style=\" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; line-height:17px; margin-bottom:0; margin-top:8px; overflow:hidden; padding:8px 0 7px; text-align:center; text-overflow:ellipsis; white-space:nowrap;\"><a href=\"https:\/\/www.instagram.com\/p\/CvGy21CIU4t\/?utm_source=ig_embed&amp;utm_campaign=loading\" style=\" color:#c9c8cd; font-family:Arial,sans-serif; font-size:14px; font-style:normal; font-weight:normal; line-height:17px; text-decoration:none;\" target=\"_blank\" rel=\"noopener\">A post shared by LXME (pronounced Lakshmi) (@lxmeofficial)<\/a><\/p><\/div><\/blockquote> <script async src=\"\/\/www.instagram.com\/embed.js\"><\/script>\n\n\n\n<p>To stay connected with LXME and access inspiring content, follow us on&nbsp;<a href=\"https:\/\/www.instagram.com\/lxmeofficial\/\" target=\"_blank\" rel=\"noreferrer noopener\">Instagram&nbsp;<\/a>and subscribe to our&nbsp;<a href=\"https:\/\/www.youtube.com\/@LXMEofficial\" target=\"_blank\" rel=\"noreferrer noopener\">YouTube channel<\/a>.<\/p>\n\n\n\n<p><strong>Share this blog with your family and friends if you find it insightful!!<\/strong><\/p>\n\n\n\n<p><strong>Download the&nbsp;<a href=\"https:\/\/lxme.onelink.me\/95JV\/moneycoach\" target=\"_blank\" rel=\"noreferrer noopener\">LXME app<\/a>&nbsp;now to start investing!<\/strong><\/p>\n\n\n\n<script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [{\n    \"@type\": \"Question\",\n    \"name\": \"How do beginners start SIP?\",\n    \"acceptedAnswer\": {\n      \"@type\": \"Answer\",\n      \"text\": \"To start SIP for beginners, follow these steps:\nChoose a reliable mutual fund provider.\nCreate an account with them.\nSelect the SIP option and the amount you want to invest.\nProvide necessary KYC documents.\nSet up a bank mandate for automatic monthly deductions.\nYour SIP journey begins!\"\n    }\n  },{\n    \"@type\": \"Question\",\n    \"name\": \"Can I start a SIP of 500 per month?\",\n    \"acceptedAnswer\": {\n      \"@type\": \"Answer\",\n      \"text\": \"Yes, SIPs are flexible. 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Welcome to the beginner&#8217;s guide to SIP, where you&#8217;ll embark on a journey to understand the power of Systematic Investment Plans (SIPs). Whether you&#8217;re a novice investor or someone seeking a hassle-free way to build <a href=\"https:\/\/lxme.in\/v1\/sip-for-beginners\/\" class=\"more-link\">&#8230;<span class=\"screen-reader-text\">  SIP for Beginners: A Beginner&#8217;s Guide to Understanding SIP<\/span><\/a><\/p>\n","protected":false},"author":10,"featured_media":3194,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[649,655],"tags":[30,11,37,209,26],"class_list":["post-3203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds","category-saving","tag-investing","tag-money","tag-sip","tag-tax-saving","tag-women"],"acf":[],"_links":{"self":[{"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/posts\/3203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/comments?post=3203"}],"version-history":[{"count":21,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/posts\/3203\/revisions"}],"predecessor-version":[{"id":17642,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/posts\/3203\/revisions\/17642"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/media\/3194"}],"wp:attachment":[{"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/media?parent=3203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/categories?post=3203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lxme.in\/v1\/wp-json\/wp\/v2\/tags?post=3203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}