{"id":468,"date":"2024-04-16T09:25:34","date_gmt":"2024-04-16T09:25:34","guid":{"rendered":"https:\/\/jamawealth.com\/askguru\/?p=468"},"modified":"2026-03-02T19:33:06","modified_gmt":"2026-03-02T19:33:06","slug":"i-want-to-invest-my-monthly-remaining-salary-after-all-expenses-in-mutual-funds-is-there-a-type-of-fund-that-will-allow-different-sum-to-be-invested-every-month","status":"publish","type":"post","link":"https:\/\/maxiomwealth.com\/askguru\/2024\/04\/16\/i-want-to-invest-my-monthly-remaining-salary-after-all-expenses-in-mutual-funds-is-there-a-type-of-fund-that-will-allow-different-sum-to-be-invested-every-month\/","title":{"rendered":"I want to invest my monthly remaining salary after all expenses in mutual funds. Is there a type of fund that will allow different sum to be invested every month?"},"content":{"rendered":"\n

There are some mutual funds that allow flexible SIPs. Kotak has one that is tied to the market valuation such as Nifty 50 P\/E ratio. If markets more expensive, you invest less and if markets are cheaper then you invest more, say 2\u20133 times the normal SIP instalment.<\/p>\n\n\n\n

Issues with these are:<\/p>\n\n\n\n

  1. You don’t know how much SIP you are actually making.<\/li>
  2. You may not have enough cash in bank when the SIP tries to push a bigger installment.<\/li><\/ol>\n\n\n\n

    A better solution is one that gives you flexibility and control.<\/p>\n\n\n\n

    Solution available on\u00a0Maxiomwealth\u00a0<\/a>with Direct Mutual Funds<\/strong>:<\/p>\n\n\n\n

    1. Go for one or more automated SIPs that invests a fixed amount every month. This could be say Rs 5,000 per month. It is very easy to setup an automated SIP on a platform like Maxiomwealth .
      1. Choose an e-Mandate if you have an Aadhar linked bank account. This is fast.<\/li>
      2. Or use Net Banking to setup a biller mandate<\/li><\/ol><\/li>
      3. Use a manual SIP or a pay as you go SIP. This will not auto pull your money from the bank account. You will be sent a payment request each month and you can pay it using either the eMandate or by cheque\/net banking\/NEFT.<\/li>
      4. You can also add a Systematic Transfer Plan to this solution. Just push \u2018surplus\u2019 funds into a liquid fund and start a transfer plan from it into the desired equity fund. When you wish to invest more equity, simply tap the STP to make more investments.<\/li><\/ol>\n\n\n\n

        This combination keeps things simple and flexible for you and more importantly under control.<\/p>\n\n\n\n

        Two bonus tips:<\/strong><\/p>\n\n\n\n

        1. Invest more when markets are cheaper. This may need taking help of an unbiased advisor. Do not fall for \u2018free\u2019 platforms that may have a hidden agenda about you or your money.<\/li>
        2. Avoid any broker or distributor who takes control of your money and then from that \u2018pool\u2019 allows you to invest different sums of money into a mutual fund. This is costly as they will only sell regular plans to you, which means hidden commission. In the long run, people tend to lose about 40% of total corpus by doing regular plans.<\/li><\/ol>\n\n\n\n\n
          \n

          Maxiom Wealth \u2014 Free Tool<\/p>\n

          How Much Will Your SIP Grow to?<\/h3>\n

          Use our free SIP calculator to project your wealth at 5, 10, or 20 years. Small monthly amounts compound into life-changing wealth \u2014 but only if you start early enough.<\/p>\n Try the SIP Calculator \u2192<\/a>\n Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

          There are some mutual funds that allow flexible SIPs. Kotak has one that is tied to the market valuation such as Nifty 50 P\/E ratio. If markets more expensive, you invest less and if markets are cheaper then you invest more, say 2\u20133 times the normal SIP instalment. Issues with these are: You don’t know… Read More »I want to invest my monthly remaining salary after all expenses in mutual funds. Is there a type of fund that will allow different sum to be invested every month?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[180,26],"tags":[],"class_list":["post-468","post","type-post","status-publish","format-standard","hentry","category-fund-selection-investments","category-investments"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=468"}],"version-history":[{"count":2,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/468\/revisions"}],"predecessor-version":[{"id":3979,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/468\/revisions\/3979"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}