How should i buy MF as SIP in COIN

[nithin]

@Sandeep_Gupta

please let me know how should i buy MF via SIP ie: i want to buy 2000 rs MF every month through SIP then what amount should i put in initial investment and what amount should i put in installment.

Put initial amount as Rs 2000 and SIP as 2000. You can also set it such a way that every month money automatically gets transferred to your trading account. Check this

Can I schedule transfers directly from my bank to Coin MF platform for SIPs?

You can use a feature called a standing instruction wherein you can schedule a transfer from your bank account to your Zerodha trading account on a fixed date. This feature is available in all major banks and is pretty easy to setup. You can schedule transfers NEFT or RTGS on a fixed date every month. You can then setup the SIPs in Coin based on that. This way you won’t have to go through the hassle of providing a NACH mandate. Here in an illustration of how to set it up in State Bank Of India(…