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What is the process to create a new SIP on the CubePlus Web?
To set up a Systematic Investment Plan (SIP) on CubePlus:
1. Search for and select the mutual fund you want to invest in.
2. On the right-hand side of the fund details page, switch to the SIP tab in the order pad.
3. Enter the SIP amount (minimum ₹1000 in multiples of ₹1).
4. Select your preferred monthly installment date (e.g. 5th of every month).
If a mandate already exists:
a. The system will auto-select the active mandate.
b. You can directly tap on Start SIP.
If no mandate exists:
1. You will be guided to create one.
2. Enter a mandate name and select your bank account.
3. Authenticate the mandate using email and net banking credentials.
4. This process may take a few days for activation.
5. Once the mandate is selected or created, proceed to Start SIP.
6. You will then be redirected to make the first payment using UPI or Net Banking.
After successful payment, your SIP will be activated, and future installments will be deducted automatically on the selected date every month.
Read more on how to create your first mandate and how to create additional mandates
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