What Are the Different Types of SIP?

What Are the Different Types of SIP?

Contrary to popular misconception, SIP or Systematic Investment Plan, is a mode of investment in mutual funds, not a category of mutual funds, as is commonly believed!

There are two ways to invest in mutual funds: lump sums and SIP. In the SIP mode, you can invest in mutual funds at regular intervals of time. 
There happen to be different types of SIPs in the market, and you can choose the one that works best for you.

This investment mode is also useful for long term investment so you can calculate your mutual fund returns 10 years if you choose to invest for the long run.

In this blog, let’s take a look at the different types of SIP.


7 Different Types of SIP

There are many benefits of investing in SIP. Depending on the scheme, one can make monthly, bimonthly, or quarterly investments. Check out the different types of SIP in India.

  • Flexible SIP

In this type of SIP, the investor can alter the investment amount. Investors can adjust their SIP amounts based on their financial condition or the market conditions.

Mutual fund returns in 10 years

  • Multi SIP

This type of SIP allows persons to invest in many mutual fund schemes through a single SIP.

  • Perpetual SIP

When one does not select the tenure of investment, the SIP becomes a perpetual SIP. To stop investing, the person has to inform the fund house in advance. This type of SIP investment is useful for gauging the mutual fund returns of 10 years or more.

  • Regular SIP

This is the simplest SIP type there is. Investors invest a fixed amount at frequencies of monthly, bi-monthly, quarterly, half-yearly, daily or weekly. In a regular SIP one cannot change the SIP amount during the investment tenure.

  • SIP with Insurance

In the case of long-term investments, some fund houses offer insurance cover. This feature is available only for equity mutual funds. So if you are opting for mutual fund returns in 10 years you can avail of the insurance.

Mutual fund returns in 10 years

  • Top-up SIP

Also known as Step-up SIP, investors can increase their SIP amounts periodically. One can step up their SIP plans in multiples of Rs. 500. This type of SIP is very beneficial as it helps investors reach their corpus faster.

  • Trigger SIP

Trigger SIPs are for the more knowledgeable persons who can manipulate their SIPs according to various market conditions.


Given the different types of SIPs, there are in the market, you can choose the one you are most comfortable with to generate proper mutual fund returns for 10 years.

For any assistance in mutual funds contact Money Assist, one of Kolkata’s best mutual fund agents.