Suppose i bought a MF in a lumsum way .
1:How can i choose for sip for the same fund and 2:can i increase and decrease the sip amount monthly?
3: can i buy a new mf but same name like axis focused but with different polio numbers?
- Go to the same fund on coin and click on buy SIP.
- Yes, I guess only on Coin you can do this.
- When you are buying mutual funds in demat, you don’t have to care any more for folio numbers. They all sit in your demat account.
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1: thanks. I was confuse if i buy sip maybe it will become a new fund. So i just have to click on the same fund and buy lumsum and it will add and for sip also.
3: can i have two funds with different sip?
Yep. You can have as many SIPs on as many funds as you want.
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What is the procedure of having same fund with different sip?
And i am confuse i bought a fund with lumsum amount of 10k. When i click on buy more there is only option for lumsum amount you can see those images i uploaded all.
Then i click on that fund there are two options buy direct or sip. If i choose sip for that fund will the sip is credited or the sip investment will go to my lumsum fund that i invested with 10k earlier or this will be a new fund with sip. I am very confuse in this. Thats why i am holding to invest
