Am I required to transfer my SIP installment every month?

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While starting an SIP, you will be required to set up a NACH/One-Time Mandate. This is a one-time registration through which you give an institution the authorisation to debit funds from your bank account. As a result, you will not be required to transfer funds every month.

Investment Route	NACH/One-Time Mandate Details
FundsGenie	By registering an SIP on FundsGenie, you will be giving BSE the authorisation to debit the specified installment amount from your bank account and invest it in the selected mutual fund
Offline Route	By registering an SIP through the offline route, you will be giving the concerned fund house the authorisation to debit the installment amount from your bank account