This is just like a bank Recurring Deposit . One can start with investing regularly even as low as Rs.100 Per Month. The market gurus advise that you should keep investing in the MF by way of SIP for over a long period for at least 10 Years.
Even the worst performing SIP has given a decent return over a long period. When you stay Invested for a long period it helps you buy more no of Units when the markets are down and thus one average your cost of holding the Mutual Fund you are holding .
One can start investing with as low as Rs.100 Per Month. One has to regularly review your Mutual Fund performance. Also if the MF is performing good you can increase your investment slowly over a period.
There are lot of site where user can check for the performance of their fund. To name a few Money Control, Sharekhan
