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Transcript

00:00I know the question is that SIP can only be made in mutual funds or in other places where there is a SIP?

00:10And SIP should be required to do which documents?

00:15This is a very good question, Pravati Ji. Actually, SIP is a method.

00:22We have a lot of discipline and if we have a process driven,

00:29which means that we don't do a human intervention,

00:33or we don't leave it alone or leave it alone,

00:36which means that we do a lot of process.

00:41And SIP is the same,

00:44which we say in autopilot mode,

00:47which means that we have a lot of money.

00:50So this is SIP.

00:52And although SIP is the most popular,

00:56which is in mutual funds,

00:58but you can use the method of SIP in your life.

01:04It's not necessary that you can only use this in mutual funds.

01:08When you do direct invest in the stock market,

01:11you can also do SIP.

01:13You can also do SIP in real estate.

01:15You can also do SIP in gold.

01:18And here,

01:19if you have to do any discipline,

01:22if you have to reduce your weight,

01:24or health reasons,

01:26then you can also do something every month,

01:29and then you can also create wellness.

01:33So SIP is very popular in mutual funds,

01:37but you can also use it in many instruments.

01:41The second question was,

01:43what documents are in it?

01:45First of all,

01:47you have to do KYC here,

01:50where your identity proof,

01:53your photo,

01:55your address proof,

01:56your passport,

01:58your passport,

02:00driving license,

02:02electricity bill,

02:03any valid address proof,

02:05and you have to register your bank here,

02:09so that you want to give direct auto facilities,

02:14that will be done.

02:15So if you have such a lot of things,

02:17which all have,

02:18pen cards,

02:19etc.

02:20that you have,

02:21then you can start a very easy way,

02:23on-line or off-line,

02:25you can start your SIP.

02:27Once you have a KYC,

02:29then this is a lifetime document.

02:31In any mutual fund scheme,

02:33you will always come to this KYC,

02:35so you have to do this.

02:37And as you have a KYC,

02:39and as you have a KYC,

02:42you have to keep your asset allocation,

02:45and what you need to do in the next period,

02:48what to do in time,

02:49what to do in your risk appetite,

02:50what to do in all those things,

02:52and what to do in the next period,

02:54you can start your FOLIOs in any mutual fund.

SIP कराना चाहते हैं तो तैयार रखें ये Docs | Goodreturns

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