Plan your investment
What Our Plans Cover
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Fixed periodic investment into the...
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Monthly
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Auto-debit mandate from your bank...
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Step-up options to increase the am...
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Pause and resume facilities at mos...
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Units allotted at the applicable N...
Who Can Consider This Plan?
- Indian resident individual, HUF, trust or company
- NRIs, subject to the fund house accepting the country of residence
- Completed KYC with a registered KYC registration agency
- PAN, which is mandatory for all mutual fund investments
- A bank account in the investor's own name for transactions
What May Not Be Covered?
- Any protection against markets falling
- Any guarantee of return
- Benefit if the SIP is stopped during a fall, which defeats its purpose
- Redemption without exit load inside the stated period
- ELSS withdrawals inside the three-year lock-in on each instalment
Always check the policy wording before you commit.
Why Choose Wealth & Covers?
- Expert advice to choose the right plan
- Plans from leading investments companies
- Hassle-free process and documentation
- End-to-end support, including claim assistance
- Dedicated relationship manager
- Expert Guidance Personalised advice from experienced investments professionals.
- End-to-End Support From choosing the right plan to claim assistance, we are with you always.
- Claims Assistance Hassle-free claim support to ensure you get what you deserve.
- Transparent Process Clear information, easy documentation and a hassle-free experience.
Overview
A systematic investment plan invests a fixed amount at a fixed interval, usually monthly. The same rupee amount buys more units when the price is lower and fewer when it is higher, which averages your entry cost over time.
Its real value is behavioural rather than mathematical. Investing automatically removes the two decisions that damage returns most: waiting for a better level, and stopping during a fall. A mandate that runs regardless of how the market feels is worth more than most fund selection.
An SIP does not protect against loss. In a sustained fall the value of your accumulated units falls with the market. What it does is ensure you keep buying through that period, which is precisely when units are cheapest and when most investors stop.
Who should consider it
Anyone investing from regular income. First-time investors, for whom the discipline matters more than the fund. Anyone building towards a long-dated goal — retirement, education, a house.
It is the default recommendation for most people, not because it produces higher returns than a well-timed lumpsum, but because it is the structure people actually stick to.
Benefits
- Removes entry timing from the decision entirely
- Averages your purchase cost across market levels
- Builds discipline through automation rather than willpower
- Starts from very small amounts, so it is accessible immediately
- Can be increased annually as income grows
- Long horizons allow compounding to do most of the work
What is included, and what is not
Read the right-hand column first. It is the one that tends to surprise people later.
Included
- Fixed periodic investment into the chosen scheme
- Monthly, quarterly or weekly frequency options
- Auto-debit mandate from your bank account
- Step-up options to increase the amount annually
- Pause and resume facilities at most fund houses
- Units allotted at the applicable NAV on each date
Not included
- Any protection against markets falling
- Any guarantee of return
- Benefit if the SIP is stopped during a fall, which defeats its purpose
- Redemption without exit load inside the stated period
- ELSS withdrawals inside the three-year lock-in on each instalment
Terms vary between providers and between plans from the same provider. The offer document you receive is what governs — we will walk you through it before you commit.
How it works with us
- 1 Goal and horizon before fund selection What the money is for and when you need it decides the asset class. The fund name is the last decision, not the first.
- 2 Risk profiling that is honest rather than flattering Capacity to take risk and willingness to sit through a fall are different things. We assess both, because the second is what breaks plans.
- 3 Shortlist built on process, not last year's return Mandate, expense ratio, fund manager tenure and how the fund behaved in a bad year. Past performance is not a forecast.
- 4 KYC, onboarding and the first investment One-time KYC, then the folio and the mandate. We set up the SIP so it runs without depending on you remembering.
- 5 Review annually, rebalance deliberately A yearly review against the goal, not a monthly reaction to markets. Most damage in investing is self-inflicted.
Important considerations
The things a brochure tends to leave out. Read these before you decide.
- The single most important rule is not to stop during a fall. That is when the SIP is buying most effectively, and stopping converts a temporary decline into a permanent loss of the recovery.
- Step it up annually. A ten per cent annual increase, roughly tracking income growth, makes a very large difference over a long horizon and is barely noticeable monthly.
- The date matters far less than people think. Any consistent date works; choosing one just after your salary credits simply makes the debit reliable.
- Match the fund to the horizon. An SIP into an equity fund for a three-year goal is still equity risk over three years.
- Mutual fund investments are subject to market risk. An SIP averages cost; it does not remove the possibility of loss.
Documents required
- PAN card
- Aadhaar or other identity proof
- Address proof
- Cancelled cheque or bank account details
- Recent passport-size photograph
- Completed KYC, or KYC documents to complete it
- FATCA and nominee declaration
Frequently Asked Questions
Should I stop my SIP when markets fall?
No — this is the single most damaging thing an SIP investor can do. A falling market is when your fixed amount buys the most units, and stopping means missing exactly the instalments that do the most work. If anything, a fall is the moment to continue without flinching.
Does an SIP guarantee better returns than a lumpsum?
No. In a consistently rising market a lumpsum invested early does better, because more money is exposed for longer. An SIP wins on behaviour: it removes timing decisions and keeps you invested through periods when you would otherwise have stopped.
How much should I invest monthly?
An amount you can sustain through a difficult year, not the maximum you can manage in a good month. Consistency matters more than size, and an SIP you stop after eight months achieves very little.
What is a step-up SIP?
One that increases automatically each year, typically by a fixed percentage. Set at around ten per cent it roughly tracks income growth, is barely noticeable month to month, and makes a substantial difference to the corpus over fifteen or twenty years.
Can I lose money in an SIP?
Yes. Mutual fund investments are subject to market risk and an SIP averages your cost rather than protecting your capital. Over long horizons that averaging has historically helped, but there is no guarantee, and past performance does not indicate future returns.
Want a shortlist instead of a catalogue?
Tell us the situation and an advisor comes back with two or three options that actually fit — and names what each one gives up.