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FundsIndia Power SIP 2023 | Schemes and Details


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FundsIndia Power SIP Review

FundsIndia is a Chennai-based online discount broker that was incorporated in the year 2009 by founder C.R. Chandrasekar and Srikanth Meenakshi, completed their education from University of Hyderabad. FundsIndia is India’s friendliest online-only investment platform with 13 + years of excellence in enhancing the investment experience for its users. FundsIndia gives users access to mutual funds from leading fund houses in India, stocks from the BSE & NSE, corporate fixed deposits, and various other investment products with some FundsIndia brokerage rates charges. FundsIndia nri service facility is provided by the broker.

FundsIndia India is a SEBI registered stock broker with the Bombay Stock Exchange (BSE). FundsIndia SEBI registration number is INB011468932. Brokerage in FundsIndia aims to offer trading and investment services in Equity, Derivatives, IPOs and mutual funds. FundsIndia product also have focus on providing education to the customers on various trading and investment related topics through an online learning center. FundsIndia provide every Indian a world-class investment platform and sophisticated investment guidance.

Power SIP (FundsIndia Exclusive) Review

Power SIP is defined as a SIP facility where investors can invest a pre-decided amount as and when there is a pre-defined market fall. With ‘POWER SIP’ you can invest a pre-decided amount as and when there is a pre-defined market fall, allowing you to enter the markets instantly at the right time. FundsIndia power SIP is an action-based trigger facility offered under various schemes of FundsIndia that serves as a financial planning tool to its mutual fund investor.

Adding some of the benefits time to time into your portfolio by investing at every market fall condition. This is an action-based trigger facility offered by FundsIndia Mutual Fund to buy its various MF schemes. With an intelligent algorithm, Power SIP shifts your funds between equities and debt to maximize your profit returns.

How Power SIP works?

Let’s take a condition under power SIP, when market falls beyond a pre-defined limit such as 0.5%, 1% or 2%, a pre-decided amount (Rs 1000, Rs 2,000 or Rs 3,000) is switched from your bank account to particular MF plan in which you want to invest.
This is an easy way to execute investment strategy, in which investors give a one-time mandate which will allow automatic switching of funds from bank account to MF scheme at a pre-determined market fall condition. Here investors will have an option to choose maximum number of debits in a month. Let’s say, if you choose the maximum number of debits at five in a month, the SIP amount as Rs 1,000, and the trigger value at 1% fall, then whenever there will be more than 1% fall in the benchmark index in that particular scheme, then Rs 1,000 will be debited from your bank account and invested in that particular Mutual fund scheme. This debit will happen maximum for five times in a month. If in first fifteen days of a month five debits happen from your bank account, then no more amount will be debited even if the particular index falls for more than 1% in the remaining days of that month.

Highlights of FundsIndia Power SIP

• Effective utilization of Market fluctuations
• Active Plus & Passive Plus
• Suitable for a time horizon of 5+ years

Benefits of FundsIndia Power SIP

Here are some of the major benefits of the SIP investment are mentioned below:
• Maintained disciplined Saving.
• Provide trading Flexibility.
• Provide long term gains.
• Convenient in trading.
• Higher Profit return.
• Simplicity of Choice.

How to setup SIP in Mutual Fund?

Setting up a Regular SIP in FundsIndia is a simple process. If you are looking to setup a regular SIP in FundsIndia, please follow these steps:
1. Login to your trading account, and click on ‘Mutual funds’ from the top bar.
2. Go to ‘SIP setup’ button from the left menu.
3. Click on ‘Add a SIP’ button on the Regular SIP section tab.
4. In the next page, first, you need to mentioned the investor name.
5. Next, you can select the number of installments for SIP – this refers to the number of months the SIP is scheduled to run. Typically, investors can choose anywhere between 12 months (1 year) to 120 months (10 years). You will also be asked to specify the bank account for transaction.
6. Then you can choose one or more mutual fund schemes and the amount of money per month you want to invest in each of these mutual fund schemes. You can also specify the monthly date of investment for each of these mutual fund schemes.
7. At this time, you can choose an initial payment for this investment or not. If you choose to make an initial payment, in the next screen, you will be taken to your net banking system to do so. If you choose not to make an initial payment, your mutual fund SIP setup will complete when you click on ‘Continue’ button.
8. The next page will ask you to confirm details about your SIP. Please verify the scheme(s), amounts and the date to confirm the mutual fund investment.
9. Here you can also choose whether you want FundsIndia to send you the ECS mandate form for your signature, or if you would like to send it yourself.
10. If you choose to send the form yourself (faster to process), you can select that option and click on ‘confirm’. Your ECS form will be generated and be made available in the ‘Downloads’ section of your demat/trading account.
11. If you choose to request FundsIndia to send the form, then it will send at the end of the business day at your registered address.
12. Now, the SIP setup in FundsIndia is complete!

Monthly Process

After your mutual fund SIP is registered, and the schedule commences, there is very little to do for the investor on a monthly basis. The investor would just need to login in account on a monthly basis to ensure that the SIP debit and investments are taking place properly without any additional issues.

Comments for FundsIndia Power SIP 2023 | Schemes and Details



Frequently Asked Questions

FundsIndia is one of the tops first value-added investment platform across the India. It offers free investment account opening, customers can get access to a wide array of investment products like mutual funds from all Asset Management Companies (AMCs), stocks from the Bombay Stock Exchange (BSE), Fixed Deposits from companies, and more.
Yes, investing in mutual funds through FundsIndia is absolutely free with free account opening facility.
FundsIndia charges less brokerage as compare to Zerodha for intraday trading in Equities and Commodities.
Yes, mutual fund investment through FundsIndia is absolutely free.
By placing request to transfer funds in the 'Withdrawal Request' page after logging in to your account. Payout requests placed before 2 pm will be executed on same day, while payout requests made after 2 pm will be executed by next working day.
You need to go tab My Accounts > Downloads and choose from list of the downloadable.
FundsIndia (est. 2009) is an online investment platform, owned and promoted by Wealth India Financial Services Pvt Ltd, established in 2008 by C.R. Chandrasekar and Srikanth Meenakshi.
Yes, you can apply for an IPO through FundsIndia account by using some simple steps.
FundsIndia offers unparalleled value-added services in a power-packed online platform that had never been presented in India before.
FundsIndia is one of the tops first value-added investment platform across the India. It offers free investment account opening, customers can get access to a wide array of investment products like mutual funds from all Asset Management Companies (AMCs), stocks from the Bombay Stock Exchange (BSE), Fixed Deposits from companies, and more.
No. You need to provide single one mandate for all your SIPs. As long as your SIP amount in any single day is less than your specified limit in the mandate, just single mandate will be sufficient for all your SIPs.
Yes, FundsIndia account has been equipped with the best online safety and protection tools to ensure your investment transactions always take place in a secure environment.
You need to send a signed letter with both your signature as well as the nominee's signature – to activate the new nominee at FundsIndia.
You need to go on left side menu go to your current sips. Go to right most column and select option to cancel your sip amount.
Yes, shifting from the direct plan of investing to FundsIndia is a quick and easy process. It involves just some simple steps.
Yes, Non-Resident Indians (NRIs) all over the world can invest in all the mutual fund schemes offered by all Asset Management Companies (AMCs) at FundsIndia.
You can redeem your money by selecting the redemption option available in your FundsIndia dashboard. Standard redemption process takes a few working days to credit amount in your account, but the instant redemption option allows you to process your request instantly.

FundsIndia Reviews