How To Start Online SIP in HDFC Mutual Fund?

Finance Guru Speaks: Do you want to start online SIP investments in HDFC Mutual Fund? If yes, then this article is of your interest!

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

In this article, we will provide steps for Online SIP registration of HDFC Index Fund - Sensex Plan - Direct Plan using your UserID and PAN. However, you may select any other Mutual fund from this fund house, steps will remain the same.

Steps to follow to invest online SIP in HDFC Mutual Fund:-

1. Open HDFC Mutual Fund website and click on Login via OTP link. Provide your User ID and PAN and click SEND OTP button:-

HDFC Mutual Fund Login Page

2. OTP will be sent to your registered Email and Mobile No. Enter the OTP, click on LOGIN button:-

HDFC Mutual Fund - Start Online SIP

3. On the Home page, click on Transact Now and then SIP as shown below:-

HDFC Mutual Fund - Start Online SIP

4. Under SYSTEMATIC INVESTMENT PLAN REGISTRATION, choose your Existing Folio (or create new Folio if you wish), select No to Distributor, add Scheme as HDFC Index Fund - Sensex Plan, Frequency as Monthly, enter SIP amount, Bank details, and SIP Start & End Dates. Click on Proceed to Transact to start Online SIP:-

Click to enlarge - HDFC Mutual Fund - Start Online SIP

Click to enlarge - HDFC Mutual Fund - Start Online SIP

Click to enlarge - HDFC Mutual Fund - Start Online SIP

5. On the Next page, review the provided SIP Details and accept Terms & Conditions. Click on Complete Transaction:-

Click to enlarge - HDFC Mutual Fund - Start Online SIP

6. On the Next page, SIP Registration Number (SRN No.) will be generated. Login to your Bank account and add this as a Biller to register for SIP deductions.

Click to enlarge - HDFC Mutual Fund - Start Online SIP

Congratulations on your successful Online Direct SIP registration of HDFC 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 SIP amount from Kotak Mahindra Bank, Axis Bank, or HDFC 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: HDFC Mutual Fund

Also read:

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