At Dhan, we’re always looking for ways to make investing effortless for you. We’ve already introduced features like Weekly SIPs, External MF tracking, and the ‘Add to Cart’ function to enhance your investing experience. But now, we’re taking it a step further with something truly exciting-Daily Systematic Investment Plans (Daily SIPs)!
We know consistency is key when it comes to wealth-building, and that’s exactly what Daily SIPs bring to the table. Imagine watching your investments grow every single day—one step closer to your financial goals!
Why Choose Daily SIPs? Smoother Market Averaging: Markets fluctuate daily, and investing regularly allows you the opportunity to get the benefit of rupee cost averaging. This helps reduce the risk of investing a large sum when the market is at a peak.
Faster Compounding Growth: Compounding works best with frequent investments. With Daily SIPs, your money starts earning returns immediately, and those returns compound daily rather than monthly or quarterly.
Financial Discipline and Consistency: SIPs naturally blend into daily routines, just like any other habit. This makes it easier to stay consistent with long-term savings and investment goals.
Getting Started with Daily SIP is Easy:
Login to your Dhan Account and visit the Mutual Funds section.
Choose the fund that aligns with your goals and select the ‘Daily’ investment mode.
Set it and forget it—your investments will be placed automatically every day.
This is why we believe Daily SIPs will not only transform your investing experience but also empower you to take full control of your financial journey. Simple, fast, and effective the way smart investing should be!
What do you think? Would you try Daily SIPs? Let’s discuss it below!
The minimum amount in Daily SIP varies across funds since each AMC sets its own limits. So, before investing, it’s best to check the ‘Min’ option on the scheme page to see the required amount. On Dhan, many schemes let you start a SIP with as little as ₹100, making investing super easy and accessible!
Plz help first solve the issue of min SIP Value, where monthly SIP Value is much lesser than weekly SIP.
Issue escalated many times but never addressed.
Quoting 1 example out of many such available. Icici divided yield fund’s monthly SIP says min requirement at 100 rs where weekly SIP says min requirement of 1000 rs now with daily SIP also of rs 1000
Who in this world, would like to spend 31000 rs for a month with daily sip option for 1 of the fund.?
Hi @Cool2050 Same is lined up for release. We will keep posted when this is ready, these are important updates and they need time for developing, testing and ensure all scenarios are handled.
While we may ship fast, we do not rush in ship features unless we are very confident. This is a big release, and it continues to be developed.
Why Choose Daily SIPs?
Smoother Market Averaging: Markets fluctuate daily, and investing regularly allows you the opportunity to get the benefit of rupee cost averaging. This helps reduce the risk of investing a large sum when the market is at a peak.
Faster Compounding Growth: Compounding works best with frequent investments. With Daily SIPs, your money starts earning returns immediately, and those returns compound daily rather than monthly or quarterly.
Financial Discipline and Consistency: SIPs naturally blend into daily routines, just like any other habit. This makes it easier to stay consistent with long-term savings and investment goals.