Systematic Investment Planning(SIP) is a disciplined financial approach that helps to invest a fixed amount at regular intervals by eliminating the need to constantly monitor the markets and protect the portfolio against market volatility.
With Teji Mandi, you can start SIP with a minimum initial amount equal to portfolio value and then a monthly/weekly/fortnightly SIP of ₹8000.
To start an SIP with the Teji Mandi portfolio, ensure that your broker is listed under the supported broker list.
- Open Teji Mandi app
- Go to the 'Accounts' tab.
- Tap your preferred portfolio listed under 'Manage Portfolios’, for example ‘Teji Mandi Flagship’.
- Choose 'Start SIP’.
- This step will help you to Log in to your broker account.
- Enter the 'Start Date’, 'SIP Frequency’, and 'Amount’.
- You can even check why the investment amount should be a minimum of 8000. This value may change as per the market conditions.
- Tap 'Start Manual SIP' and then 'Continue’.
- Congratulations! Your new SIP has been started, and you will be notified for this.
Please Note: Few brokers do support Auto-SIP where the SIP amount would be the minimum investment amount as per the market value and is directly debited from the funds section of your broker and invested in stocks.
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