SIPs

How to set up SIPs, change SIP details, payment options for SIPs, etc

How can I set up a SIP in recommended funds of Niyo Money?
Here's how you can do that:  On web https://youtu.be/H1qo09F97LM On app Dashboard --> Goal in which you'd like to set up the SI...
Mon, 7 Dec, 2020 at 7:40 PM
How can I invest in the funds of my own choice?
Choose your own funds while setting up a new SIP  On the website: https://youtu.be/gEq1Y7tNXq4   On the app:   Dashboard → The goal in which you...
Fri, 27 Nov, 2020 at 1:58 PM
How can I change the SIP date?
Here's how to do it: On web Here's a short video to guide you through the steps: https://youtu.be/rF-J4Lm6RLc On app Click on...
Mon, 7 Dec, 2020 at 7:46 PM
How can I change the SIP amount?
A. To increase or decrease the amount in SIP (in our recommended funds): Website: Here's a short video to guide you through the steps: https://yout...
Mon, 7 Dec, 2020 at 7:47 PM
How can I add/remove some funds from my SIP?
You can Add/Remove any funds from your SIP or even increase/decrease the amount in any funds. On the Website: Click on the SIP tab (center of the dashbo...
Mon, 7 Dec, 2020 at 7:49 PM
How can I skip the SIP?
If you want to skip 1 or 2 installments of your SIP under a goal, you can do that directly through your dashboard in a few short clicks:  On web htt...
Mon, 7 Dec, 2020 at 7:50 PM
How can I stop my SIP?
If you want to stop your SIPs under a goal, you can do that directly through your dashboard in a few short clicks: On web https://youtu.be/7h8amdhaS...
Mon, 7 Dec, 2020 at 7:51 PM
What are the different payment methods to pay for my SIP?
There are 2 ways to pay for your SIP installments: 1. Auto-debit (preferred): Once you register your NACH, the SIP amount will be automatically debite...
Fri, 27 Nov, 2020 at 2:01 PM
I have missed my SIP, can I pay now?
You can do a lump sum (one-time) investment in lieu of the missed SIP. Missed SIP has no penalties from us or the Mutual Fund companies. Another option is...
Fri, 25 Dec, 2020 at 11:52 PM
Are there any penalties if I miss paying for my SIP?
A. There is no penalty from Niyo Money if you fail to pay for your SIP B. If you have an auto-debit setup, and if you have not chosen to skip/stop your ...
Fri, 27 Nov, 2020 at 2:06 PM