​The minimum SIP amount for a mutual fund scheme is defined by the Asset Management Company (AMC) that offers the fund. There are typically two types of investment amounts specified by the AMC:

1. Minimum Initial Investment Amount:  This is the minimum amount required to make the first investment in a particular scheme. It applies whether the investment is made through a one-time lump sum or the first installment of an SIP.

2. Minimum Additional Purchase Amount:  This is the minimum amount required for each subsequent investment after the initial purchase. In the case of SIPs, this amount applies to recurring installments.

For some schemes, the AMC may have set a higher threshold for the minimum initial SIP amount, especially in funds targeting specific sectors or those with unique strategies. This is to ensure that the fund maintains its investment objectives and cost-efficiency.

Always refer to the fund’s Scheme Information Document (SID) to know the specific minimum investment amounts applicable.
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