The type of SIP you choose depends on your investment goals. You can look at small and mid-cap mutual funds if you’re willing to take some risks. You can also check out large-cap mutual funds if you are willing to take moderate risks. If you are looking for very low risk, debt mutual funds may be a good option. SIPs are a great way to start investing in mutual funds, not only for novice investors but for more experienced investors as well. Before you invest, make sure to do your research. To plan your SIPs, you can use the SIP calculator.