Multi-Goal SIP
One investment to fulfil multiple goals for different time periods.
What is it?
A simple facility that allows you to start an SIP in up to 3 Edelweiss Mutual Fund schemes and customise the amount, frequency, and tenure for each SIP through a single application form.
How does it work?
As an individual investor you might have multiple goals for which you save and invest. The Edelweiss Multi-goal SIP makes it simple and convenient for you to start SIP investments for upto 3 goals.
- You identify three important goals and then choose the schemes that will help you achieve those goals.
- Decide the amount, frequency of investment, and period for each SIP.
- Invest through one application form for multiple goals – you can choose to invest in up to 3 schemes of your choice through this single application form
This way, you can start an SIP for multiple goals in a simple and easy manner.
Why is it good for you?
- You can invest for up to 3 goals through a single application form
- It becomes easy to track your investments
- You have the flexibility to choose the amount, frequency, and tenure for each SIP
- You get the benefits of SIP investing, i.e., compounding, rupee-cost averaging, discipline, and no need to time the markets
Frequently Asked Questions on SIP
Multi Goal SIP is a Goal based SIP. In regular SIP you invest in one mutual fund scheme at a time whereas Multi goal SIP gives you opportunity to invest in 3 mutual fund schemes with a single application form. With single SIP you can invest for a single goal whereas with multi goal SIP, you can invest for multiple goals.
Minimum amount in multi goal SIP depends on the minimum investment criteria of the respective schemes you select. You can use the SIP calculator to calculate the minimum amount you need to invest for your financial goals.
Start your Multi Goal SIP or modify/cancel your existing Multi Goal SIP
Offline Process
- Download the request form (editable) for Multi Goal SIP cancellation form here
- Fill in the form with supporting documents, if any
- Submit the duly filled in form to any of our or Kfintech's branches
- The expected rate of return
Online Process
Coming soon
Expected Turnaround Time
- Registration: 30 days from the date of receiving the duly filled in form at any of our or Kfintech’s branches.
- Cancelation: 10 business days form the date of receiving the duly filled in form at any of our or Kfintech’s branches.
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
