How to Start SIP, Track, and Understand SIP : The Ultimate Guide to SIP Investments

Investing in mutual funds through Systematic Investment Plans (SIPs) is one of the easiest and most disciplined ways to grow wealth. Whether you’re a beginner or an experienced investor, this guide will help you understand how to start SIP in apps like Groww, Zerodha, and Upstox, how to track and manage your SIP investments, and what SIP, SIP trunking, and SIP calling mean.

By the end of this blog, you’ll know:

• How to start SIP in Groww, Zerodha, and Upstox
• How to track and manage SIP investments effectively
• What SIP means in different contexts (investing vs. telecom)
• How SIP calculators work and how to choose the best SIP

Let’s dive in!

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1. How to Start SIP with Apps Like Groww, Zerodha, and Upstox

A. How to Start SIP in Groww

Groww is a popular investment platform that makes SIP investments simple. Here’s how to start:

Step-by-Step Process:

1. Download and Sign Up – Install the Groww app and complete KYC.
2. Explore Mutual Funds – Go to the “Mutual Funds” section.
3. Select a Fund – Choose a fund based on your goals (equity, debt, hybrid).
4. Click “Start SIP” – Enter the SIP amount (e.g., ₹500/month).
5. Set Frequency – Choose monthly, weekly, or quarterly SIP.
6. Choose Payment Method – Link your bank account via UPI or auto-debit.
7. Confirm SIP – Review and submit.

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B. How to Buy Mutual Funds in Zerodha (Coin by Zerodha)

Zerodha’s Coin platform allows direct mutual fund investments.

Steps to Start SIP in Zerodha:

1. Log in to Coin – Access via Zerodha Console.
2. Browse Funds – Use filters to find the best SIP options.
3. Select SIP Option – Click “Start SIP” on your chosen fund.
4. Enter SIP Details – Amount, date, and duration.
5. Mandate Registration – Set up auto-debit via Net Banking.
6. Confirm SIP – Your SIP will start on the selected date.

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C. How to Start SIP in Upstox

Upstox also offers a seamless SIP investment process.

Steps to Begin SIP in Upstox:

1. Open Upstox MF Section – Go to “Invest” → “Mutual Funds.”
2. Pick a Fund – Use ratings & past performance to decide.
3. Click “Start SIP” – Enter amount (min ₹100).
4. Set Frequency & Date – Monthly SIP is most common.
5. Complete e-Mandate – Authorize auto-debit via UPI or bank.
6. Start Investing – Your SIP will be activated.

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2. How to Track and Manage Your SIP Investments Easily

Once you start an SIP, tracking its performance is crucial. Here’s how:

A. How to Check All SIPs in One Place

• Groww/Zerodha/Upstox Dashboard – Shows all active SIPs.
• Mutual Fund Portals (CAMS/KFintech) – Consolidate all SIPs across platforms.
• Excel/Google Sheets – Manually track SIPs for better control.

B. How SIP Calculators Work

SIP calculators help estimate returns based on:

• Monthly Investment
• Expected Return Rate (e.g., 12% p.a.)
• Investment Tenure

Example:

• SIP Amount: ₹5,000/month
• Duration: 10 years
• Expected Return: 12%
• Estimated Maturity: ~₹11.5 lakhs

C. How to Know Which SIP is Best

Consider these factors:

1. Fund Performance (5+ years consistency)
2. Expense Ratio (Lower = Better)
3. Fund Manager’s Track Record
4. Risk Level (Equity vs. Debt)

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3. What SIP Means: Exploring SIP, SIP Trunking, and SIP Calling

A. What is SIP in Investing?

• Systematic Investment Plan (SIP) – Investing fixed amounts regularly in mutual funds.
• Benefits: Rupee cost averaging, compounding, disciplined investing.

B. What is SIP Trunking?

• SIP Trunking – A VoIP technology for making calls via the internet instead of traditional phone lines.
• Used by: Businesses for cost-effective communication.

C. What is SIP Calling?

• SIP Calling – Voice calls made using SIP protocol (e.g., WhatsApp calls, Zoom).
• Difference from SIP Investing: Completely unrelated to mutual funds.

D. What is Better Than SIP?

• Lump-Sum Investing – Better in bullish markets.
• STP (Systematic Transfer Plan) – Shifts funds from debt to equity gradually.

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Final Thoughts

Starting an SIP is a smart way to invest systematically. Platforms like Groww, Zerodha, and Upstox make it effortless. Tracking your SIPs ensures you stay on top of your investments, while understanding SIP trunking vs. SIP calling clarifies technical differences.

Now that you know how to start, track, and understand SIPs, take action today and secure your financial future!

FAQs: Ultimate Guide to SIP Investments

1. What is the full form of SIP?

SIP stands for Systematic Investment Plan. It’s a method of investing a fixed sum regularly in mutual funds.

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2. How does SIP work?

In SIP, you invest a specific amount at regular intervals (monthly/quarterly) into a mutual fund. This promotes disciplined investing and helps you build wealth over time through compounding.

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3. How to start a SIP investment?

• Choose a mutual fund (equity, debt, hybrid, etc.).
• Complete KYC (Know Your Customer) formalities.
• Decide the SIP amount and frequency.
• Link your bank account and start investing.

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4. What is the use of a SIP calculator?

A SIP calculator helps you estimate the future value of your investments based on:

• Monthly investment amount
• Investment tenure
• Expected rate of return

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5. Where can I find a good SIP calculator?

• Bajaj Finance SIP Calculator
• Kotak Life SIP Calculator
• Many online platforms and financial apps provide reliable calculators.

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6. What is Bajaj Finserv SIP Return?

Bajaj Finserv offers mutual fund SIP options where historical returns vary based on the fund selected. Generally, returns depend on market performance and fund type.

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7. How accurate are SIP return calculators?

SIP calculators provide an approximate estimate. Actual returns can differ due to market volatility.

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8. What are some SIP investment tips for beginners?

• Start early to leverage compounding.
• Invest consistently without worrying about market ups and downs.
• Diversify across fund types (equity, debt).
• Increase SIP amount as your income grows (Step-up SIP).
• Review your portfolio once a year.

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9. What is Kotak Life Insurance SIP Plan?

Kotak Life offers ULIP plans (insurance + investment) where you can invest systematically. These are different from traditional mutual fund SIPs as they have an insurance component.

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10. What is SISO SIP?

SISO SIP typically refers to a Single-Investor Single-Order SIP where a single investor makes a single SIP order in a specific scheme. (If you’re referring to something else in SISO SIP, let me know — it’s slightly less common.)

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11. What is the approximate return on SIP investments?

• Equity SIPs: 10-15% annually (historically, over long-term).
• Debt SIPs: 6-9% annually. Returns vary based on market conditions and fund selection.

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12. Can SIPs guarantee returns?

No, SIPs are subject to market risks. There’s no guaranteed return, but historically, long-term SIPs have performed well.

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13. Can I change my SIP amount later?

Yes! You can increase (Step-up SIP) or decrease your SIP amount based on your financial goals.

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14. How can I track my SIP investments?

• Mutual fund app/website
• Portfolio tracker apps (like Groww, Zerodha Coin, Paytm Money, etc.)
• Statements from Asset Management Companies (AMCs)

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15. Is it better to do a lump sum or SIP?

For volatile markets, SIP is usually better as it averages out the cost. Lump sum investments can work better in bullish markets if timed right — but SIP ensures disciplined investment without timing the market.

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