What is the way to increase the SIP amount when investing in a particular fund? Currently, I am investing Rs 2,000 in Canara Robeco Equity Diversified fund. As my salary increases, I am planning to invest Rs 3,000 through SIP in the same fund. Can I do so without disturbing my existing investments?
-Nilesh Gajare
All you need to do is make fresh SIP investments in your existing fund with the same folio number without disturbing the existing SIP investment. Or, you can also make an application to the fund house to increase your SIP amount under the same folio.
