Is it possible to start a double SIP in a mutual fund?

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Is it possible to start a double SIP in a mutual fund?

I want to start an auto debit SIP for Reliance Vision Fund (with my wife as a joint holder) where Rs. 1000 is debited from my account every month & another Rs. 1000 is debited from my Wife's account.Is it possible?

2006-06-25 02:10:33 · 3 answers · asked by Baldie_1969 1 in Business & Finance ➔ Investing

3 answers

2006-06-25 02:13:36 · answer #1 · answered by nastaany1 7 · 1⤊ 1⤋

Check with Reliance or your broker. If it is a joint account, why would they deduct money from your account and her account, isn't it all one and the same account?

Most, if not all, mutual funds allow a systematic withdrawal program.

2006-06-25 12:05:24 · answer #2 · answered by Lori A 6 · 0⤊ 0⤋

very easy. contact www.stocksidea.com. they have answer of this

2006-06-25 14:05:47 · answer #3 · answered by Anonymous · 0⤊ 0⤋