Start SIP Online: Step-by-Step Guide For Beginners (2026)

Setting up your first SIP doesn't require a financial degree or hours of paperwork. If you want to start SIP online, you can complete the entire process in under 15 minutes from your phone or laptop. That's the reality of mutual fund investing in 2026.

Systematic Investment Plans have become the go-to choice for salaried professionals in India who want to build wealth without timing the market. The monthly discipline works, and online platforms have stripped away most of the friction that once made investing feel complicated.

At Invsify, we help investors make smarter mutual fund choices through AI-powered recommendations and conflict-free advice as a SEBI Registered Investment Advisor. This guide walks you through every step to start your SIP online, from choosing the right platform and fund to completing your first investment. Whether you're investing ₹500 or ₹50,000 monthly, you'll have a clear roadmap by the end of this article.

What you need before you start a SIP online

Getting your documents and details ready before you start SIP online saves you from interruptions during the setup process. Most platforms will ask for the same basic information, and having everything on hand means you can complete your first investment in one sitting. The good news is that you probably already have most of what you need.

Documents for KYC verification

Your PAN card is mandatory for any mutual fund investment in India, as the Income Tax Department requires it for tracking financial transactions. You'll also need your Aadhaar card for digital KYC verification, which most platforms now use to complete the process instantly without physical paperwork.

Documents for KYC verification

Keep a cancelled cheque or bank statement ready to verify your bank account details. Platforms use this to set up auto-debit for your monthly SIP installments and to credit redemption amounts when you withdraw. Make sure the bank account is active and has sufficient balance to handle your planned SIP amount each month.

Having your PAN and Aadhaar linked speeds up the entire verification process, often completing KYC within minutes instead of days.

Minimum investment and bank setup

You can start a SIP with as little as ₹100 per month in most mutual funds, though some schemes require ₹500 or ₹1,000 as the minimum. Check your monthly budget and decide on an amount you can commit to consistently, because SIPs work best when you maintain the discipline over years.

Your bank account should have auto-debit or NACH facility enabled if you want seamless monthly deductions. Most banks in India support this by default, but confirming with your bank before starting prevents failed transactions. Keep your net banking credentials or UPI details accessible for linking your account to the investment platform.

Step 1. Choose the right SIP platform

Your platform choice affects the fees you pay and the fund selection available when you start Sip online. Three main options exist: direct mutual fund websites, investment aggregator apps, and SEBI registered advisors. Each serves different investor needs based on your comfort level with research and the number of funds you plan to hold.

Direct mutual fund platforms

Asset Management Companies like HDFC Mutual Fund or ICICI Prudential let you invest through their websites in direct plan variants, which have lower expense ratios by cutting out distributor commissions. The limitation is that each AMC only offers its own funds, so building a diversified portfolio across multiple fund houses requires maintaining several separate accounts.

This approach works best when you know exactly which specific fund you want and don't need comparison tools or ongoing advice.

Investment apps and advisors

Aggregator platforms give you access to multiple AMCs in one dashboard, making it easier to compare performance and track your portfolio without juggling accounts. Some charge flat fees or subscriptions, while SEBI Registered Investment Advisors like Invsify provide AI-powered recommendations without hidden commissions.

Registered advisors must provide conflict-free advice by regulation, unlike distributors who earn commissions from AMCs for pushing specific products.

The convenience of managing all investments in one place and getting data-driven fund selection typically justifies any small advisory fees, especially if you invest in multiple schemes.

Step 2. Finish KYC and set up auto-debit

Completing your KYC verification and enabling automatic payments are the two mandatory steps before you can start SIP online. Most platforms complete this process digitally within minutes, but you need to provide accurate information to avoid delays or rejections. Your investment platform will guide you through each step sequentially.

Complete digital KYC verification

Enter your PAN and Aadhaar numbers on the platform's KYC page, then verify your details through the OTP sent to your registered mobile number. The system performs an instant check against CERSAI (Central Registry of Securitisation Asset Reconstruction and Security Interest of India) to confirm if you're already KYC compliant from another financial institution.

If you're not previously verified, the platform initiates e-KYC through Aadhaar, which uses biometric or OTP authentication. This completes your verification in under 5 minutes without requiring physical document submission or in-person verification.

Digital KYC eliminates the traditional 7-15 day waiting period that physical verification once required.

Enable auto-debit mandate

Link your bank account by entering your account number and IFSC code, then upload a cancelled cheque or bank statement for verification. The platform generates an e-NACH (National Automated Clearing House) mandate that authorizes automatic monthly deductions up to your specified SIP amount.

Authenticate this mandate through net banking or debit card by following the redirect to your bank's portal. Most banks process e-NACH approvals instantly, though some may take 24-48 hours to activate the auto-debit facility.

Step 3. Pick funds and set SIP details

After completing KYC and linking your bank account, you face the actual investment decisions that determine your portfolio's future performance. Your platform will display hundreds of mutual fund schemes across categories like equity, debt, and hybrid funds. This step requires you to match your risk tolerance and investment goals to the right fund types before configuring your SIP parameters.

Fund selection criteria

Sort funds by their 3-year and 5-year returns to identify consistently performing schemes rather than focusing on recent 1-year gains. Check the expense ratio (the annual fee charged by the fund) because lower costs directly improve your net returns over time, especially in direct plans where you start SIP online without distributor commissions.

Funds with expense ratios below 1% for equity and 0.5% for debt typically deliver better long-term value to investors.

Read the fund's investment objective and portfolio composition on the platform's detail page to confirm it aligns with your goals. A large-cap equity fund investing 80% in top 100 companies suits conservative equity investors, while a mid-cap fund carries higher volatility.

Set your SIP parameters

Enter your monthly investment amount based on your budget, then select the SIP date (typically between 1st and 28th of each month) that comes after your salary credit. Most platforms default to monthly frequency, though some offer weekly or quarterly options for investors who prefer different rhythms.

Set your SIP parameters

Choose your SIP tenure or duration, specifying either a fixed period like 5 years or selecting the perpetual option to continue until you manually stop. Review all details on the confirmation screen before proceeding to payment authorization.

Step 4. Make your first SIP payment and monitor it

Your first SIP payment confirms that all previous setup steps are working correctly. The platform will attempt to debit your bank account on the date you selected, and successful completion means your SIP is now active. This initial transaction establishes your investment journey and creates your first mutual fund units in your portfolio.

Authorize your first payment

Check your registered email and mobile number for payment confirmation messages within 24 hours of your SIP date. The platform sends notifications when the auto-debit instruction reaches your bank and again when units are allocated to your folio. Your bank account statement will show the deduction with the fund house name or aggregator platform reference.

Failed first payments usually occur due to insufficient balance or inactive auto-debit mandates, both easily correctable through your platform's support.

Track your SIP performance

Log into your platform dashboard to view your current investment value and returns after units are credited, which typically happens 2-3 business days after payment. Monitor your SIP through the portfolio section that displays your total invested amount, current value, and gains or losses.

Set up monthly email alerts or app notifications to track each SIP installment automatically without manual checking. Review your portfolio quarterly rather than daily to avoid reacting to short-term market volatility.

start sip online infographic

Next steps

You've now learned how to start SIP online from document preparation to making your first payment. The entire process takes under 15 minutes once you have your PAN, Aadhaar, and bank details ready. Your monthly investments will continue automatically after setup, building your wealth through market cycles without requiring constant attention.

Review your SIP portfolio every quarter to ensure your funds match your goals as they evolve. Markets fluctuate daily, but your focus should remain on long-term growth rather than short-term volatility. Increase your SIP amount annually as your income grows to accelerate wealth creation.

Invsify provides AI-powered fund recommendations and conflict-free advice to help you choose the right mutual funds for your financial goals. Our platform tracks your portfolio performance and delivers personalized insights weekly. Start your SIP with smart, transparent advice from Invsify and get your personalized Wealth Wellness Score today.