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Get the free Multi Scheme Sip Facility Application Form

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This form is utilized for making investments under the Multi Scheme SIP facility provided by Aditya Birla Sun Life Mutual Fund. It includes details such as applicant information, investment and payment details, and authorization for automatic debits for systematic investment plans. The form also outlines the guidelines for completing the application and instructions regarding payment methods, KYC requirements, and other necessary declarations.
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How to fill out multi scheme sip facility

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How to fill out multi scheme sip facility

01
Gather the required documents: Prepare KYC documents such as identity proof, address proof, and PAN card.
02
Select the right mutual fund schemes: Research and choose the mutual fund schemes you want to invest in.
03
Fill out the application form: Obtain the Multi Scheme SIP facility form from the mutual fund house or their website.
04
Provide investor details: Fill in your personal details such as name, address, contact number, and email ID in the form.
05
Mention SIP details: Specify the amount you wish to invest monthly, the frequency of the SIP, and the schemes selected.
06
Sign the form: Provide your signature on the application form to authorize the transactions.
07
Submit the form: Submit the completed form along with the KYC documents to the respective mutual fund house or authorized agent.
08
Set up auto-debit: If opting for auto-debit from your bank account, ensure to fill in the bank mandate details.
09
Receive confirmation: After processing, wait for a confirmation regarding the SIP registration and the first transaction date.

Who needs multi scheme sip facility?

01
Individual investors looking to diversify their investments across multiple mutual fund schemes.
02
Investors wanting to benefit from systematic investment plans for disciplined and regular investment.
03
Financial planners who manage client portfolios and prefer multi-scheme investments.
04
Investors seeking to mitigate risk by spreading their investments across different funds.
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Multi scheme SIP (Systematic Investment Plan) facility allows investors to invest in multiple mutual fund schemes through a single SIP mandate, enabling more diversified investment options.
Investors who wish to invest in multiple mutual fund schemes simultaneously using a single SIP mandate are required to file the multi scheme SIP facility.
To fill out the multi scheme SIP facility, investors need to complete an application form specifying the chosen mutual funds, investment amounts, and frequency of investment, and submit it to the respective mutual fund house.
The purpose of multi scheme SIP facility is to simplify the investment process for individuals by allowing them to invest in various mutual funds through a unified SIP approach, which enhances convenience and helps in achieving a balanced portfolio.
The information that must be reported on the multi scheme SIP facility includes the investor's personal details, details of the selected schemes, SIP amount, investment frequency, and bank account information for the auto-debit process.
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