Kotak Mutual Fund has announced the launch of the Small SIP facility. This option will be available for all eligible schemes under Kotak Mahindra Mutual Fund. Recently, SEBI and AMFI introduced Small SIP (Small Ticket SIP), providing a great opportunity for more Indians to save money easily.

Kotak Mutual Fund Launches Small SIP Facility

Only 5.4 Crore Mutual Fund Investors in India

Nilesh Shah, Managing Director of Kotak Mutual Fund, highlighted that only 5.4 crore unique investors in India have invested in mutual funds, leaving a vast untapped potential. Systematic Investment Plans (SIPs) have proven to be an effective way to bring new investors into the mutual fund ecosystem.

Start Wealth Creation with Just ₹250

With the introduction of Small SIPs, new investors can begin their wealth creation journey with a minimum investment of ₹250. Nilesh Shah calls it a “Small Amount – Big Step.”

Making Mutual Funds More Accessible

The goal of Small SIPs is to lower the entry barrier and make mutual fund investments accessible to first-time investors. This initiative specifically targets those who have never invested in mutual funds before, whether through SIPs or lump sum investments. This initiative opens up opportunities for more Indians to take their first steps toward financial freedom.

Key Features of Choti SIP:

  • Minimum Investment Amount: ₹250 per month
  • Eligibility: First-time mutual fund investors only
  • Investment Mode: Growth Option only
  • Commitment: Minimum of 60 monthly installments
  • Payment Options: NACH or UPI auto-pay only

The idea behind Choti SIP is to reduce the entry barrier for retail investors and make mutual funds more accessible to those who may have been hesitant to invest due to higher minimum investment requirements.