How To Start Online SIP In L&T Mutual Fund?

Finance Guru Speaks: This article will guide you on how you can start your online SIP in L&T Mutual Fund.

If you are an existing L&T Mutual Fund investor, then first of all get registered to its L&T Mutual Fund website. You can follow the options mentioned here.

In this article, we will provide steps for Online SIP registration of L&T Midcap Fund Direct Plan using the existing investor's User ID and Password. However, you may select any other Mutual fund from this fund house, steps will remain the same.

Steps to follow to start online SIP in L&T Mutual Fund:-

1. Open L&T Mutual Fund website and provide your User ID and Password along with the required mathematical figure (E.g. 5-2=3) and click on Login button.:-

L&T Mutual Fund Login Page

2. On the Next page, Please enter the OTP sent to the Email ID and Mobile No. registered against the user and Click on Submit button.

3. Under Transact, select L&T Midcap Fund (or select New scheme incase this is not your existing fund) and click on SIP button as shown below:-

L&T Mutual Fund - Start Online SIP

4. For the Mutual Fund Scheme as L&T Midcap Fund, provide details like SIP Amount, SIP Date, SIP Period, etc. Don't forget to select Broker as Direct. Accept T&C's and Click Proceed for Confirmation button:-

L&T Mutual Fund - Start Online SIP

L&T Mutual Fund - Start Online SIP

5. On the Next page, check the SIP Summary and Click on Proceed for Payment button:-

L&T Mutual Fund - Start Online SIP

6. On the Next page, select Payment Mode (E.g. Internet Banking, UPI, etc.) and Click on Continue button:-

L&T Mutual Fund - Start Online SIP

7. On the Next page, SIP Registration Number (SRN) will be generated. Login to your Bank account and add this as a Biller to register for SIP deductions.

L&T Mutual Fund - Start Online SIP

Congratulations on your successful Online Direct SIP registration of L&T Mutual Fund :-)

Note: If you have any issues in adding this SIP in your Bank as Biller then let us know. Incase you are trying to deduct the SIP amount from Kotak Mahindra Bank, HDFC Bank, or Axis Bank, then you can follow the below articles on how to register for Mutual Fund SIP deductions from Internet Banking.

 How To Online Invest In Mutual Fund SIP Using HDFC Net Banking?

 6 Easy Steps To Register Mutual Funds SIP In Kotak Mahindra Bank

How To Register Mutual Funds SIP Auto-Payment In Axis Bank?

Images Courtesy: L&T Mutual Fund

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