Online Mutual Fund SIP is a new facility where you can place buy orders for a pre-specified amount of your choice at regular intervals over a period as selected. For instance, you can select a Mutual Fund SIP for any installment, frequency, and amount specified by the Asset Management Company.
After you have provided the necessary details, i.e., the scheme, amount to be invested, frequency of investment, and total period, you can place your Mutual Fund SIP buy orders at market price.