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Common Application Form (For Multi-Scheme SIP Investments) Time Stamp App. No. Distributor/Broker Code Sub-Broker ARN Relationship Manager s Name ARN- (ARN stamp here) Sub-Broker Code Branch Code
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How to fill out for multi-scheme sip investments

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How to fill out for multi-scheme SIP investments:

01
Begin by assessing your investment goals and financial objectives.
02
Research and select the mutual funds that align with your investment goals. Ensure that these funds are offering a systematic investment plan (SIP) with multiple schemes.
03
Fill out the application form provided by the mutual fund company. This form will require various personal and financial details.
04
Provide accurate information such as your name, address, contact details, and PAN (Permanent Account Number) card details.
05
Specify the SIP amount you wish to invest in each scheme. This amount can be the same for all schemes or different for each scheme.
06
Choose the frequency at which you want to make SIP investments. Common frequencies include monthly, quarterly, or semi-annually.
07
Indicate the tenure or duration for which you wish to continue the SIP investments. You can typically choose any duration you prefer, depending on your investment goals.
08
If you have chosen an automatic payment option, provide the necessary details of your bank account for direct debit.
09
Review the filled-out form for accuracy and completeness.
10
Sign and submit the form along with any required supporting documents to the mutual fund company.

Who needs multi-scheme SIP investments?

01
Individuals with diverse financial goals: Multi-scheme SIP investments are suitable for individuals who have different financial objectives, such as wealth creation, retirement planning, education funding, or buying a house. Investing in multiple schemes allows them to address these goals simultaneously.
02
Risk diversification: Investors who want to spread their investment risk across various asset classes and sectors can benefit from multi-scheme SIP investments. By investing in different schemes, they can reduce the impact of market volatility on their overall investment portfolio.
03
Long-term wealth accumulation: Multi-scheme SIP investments are ideal for individuals looking to accumulate wealth over the long term. Regular investments through SIPs allow for the power of compounding to work effectively, potentially resulting in significant wealth creation over time.
04
Systematic investment discipline: Those who wish to cultivate a disciplined investment approach can opt for multi-scheme SIP investments. By investing a fixed amount at regular intervals, investors develop a habit of investing and avoid the temptation to time the market.
05
Investors seeking professional fund management: Multi-scheme SIP investments typically involve investing in mutual funds managed by experienced professionals. Individuals who prefer to delegate the investment decisions to market experts can benefit from the professional fund management offered by mutual funds.
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Multi-scheme SIP investments refer to investing in multiple mutual fund schemes through a Systematic Investment Plan (SIP).
Individual investors who wish to invest in multiple mutual fund schemes through SIPs are required to file for multi-scheme SIP investments.
To fill out for multi-scheme SIP investments, investors need to specify the amount to be invested in each mutual fund scheme and the frequency of SIPs.
The purpose of multi-scheme SIP investments is to diversify investment across multiple mutual fund schemes to reduce risk and enhance returns.
Information such as the amount invested in each scheme, SIP frequency, and performance of the schemes must be reported on for multi-scheme SIP investments.
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