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 ?
1 Like
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?
2 Likes
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
1 Like
@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
1 Like
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.
2 Likes
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.
1 Like
You can set the date as per your preference for monthly SIP.