I am new to AMC SIP. I just created a AMC SIP with installment date as tomorrow. will my order gets triggered tomorrow or it will start from November?
Why did you pick franklin AMC ?
why not some other AMC than this ?
This will get registered t’row morning, so I guess your first SIP will be on Nov’21.
By the way, just curious, why AMC SIP? You get a lot more control with Coin SIPs right?
I already have DSP US Flexi equity. Just thought to add a new one of same type and portfolio.
I am not more interested with US index funds so thought of going with this
@Karthik I have an active SIP with DSP of same category. Just thought to add a small amount with another fund of same type. Coin SIP min amount for Franklin is 5k. but with AMC SIP its 0.5k
Hmm, if you ask me, I think Coin SIP is better. You can pause/modify/stop the SIP anytime you wish. I don’t really have to bother. You can also make lump sum investments any time under the same funds.
Curious to know if Coin SIP would still have its super features after this. It would be great to have clarity on this. @Karthik
Is it possible to set a date for sip in coin sip. Or is it deducted on the date we start sip.
You can set the date as per your preference for monthly SIP.