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Increasing SIP

How can you increase the SIP amount in your existing equity fund investments? Find out…

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.

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