Six easy steps to open an SIP online for those new to mutual funds

Systematic investment plans are a great way to invest in liquidity is an issue. What's more, they also reduce to impact of market volatility to some extent

Mutual funds are a great way to invest in equities and debt instruments for those whose understanding of the stock and securities market is limited. This is because when you invest in a scheme, the burden of earning a return on your money lies with an expert investor—the fund manager at the asset management company. 

You can choose to put in lump sum amounts or stagger your investments under a systematic investment plan (SIP) over several months, in case you want to preserve liquidity.  The monthly amount that you commit can be as low as Rs 500. An SIP also offers