{"id":11962,"date":"2022-05-30T14:22:58","date_gmt":"2022-05-30T08:52:58","guid":{"rendered":"https:\/\/kuvera.in\/blog\/?p=11962"},"modified":"2022-07-14T16:35:30","modified_gmt":"2022-07-14T11:05:30","slug":"sip-systematic-investment-plan-definition-types-benefits","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/","title":{"rendered":"SIP &#8211; Systematic Investment Plan- Definition, types, benefits"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_40 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" area-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69d0c6b3c6112\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69d0c6b3c6112\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#How_do_SIP_-_Systematic_Investment_Plan_Work\" title=\"How do SIP &#8211; Systematic Investment Plan Work?\">How do SIP &#8211; Systematic Investment Plan Work?<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#What_are_the_Benefits_of_Investing_in_Systematic_Investment_Plans\" title=\"What are the Benefits of Investing in Systematic Investment Plans?\">What are the Benefits of Investing in Systematic Investment Plans?<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#Start_from_a_small_amount_of_money\" title=\"Start from a small amount of money\">Start from a small amount of money<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#Rupee_cost_averaging\" title=\"Rupee cost averaging\">Rupee cost averaging<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#Power_of_compounding\" title=\"Power of compounding\">Power of compounding<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#Convenience_of_investing\" title=\"Convenience of investing\">Convenience of investing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#Allows_disciplined_savings\" title=\"Allows disciplined savings\">Allows disciplined savings<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#Best_Performing_Mutual_Fund_SIPs_in_India_in_2022\" title=\"Best Performing Mutual Fund SIPs in India in 2022\">Best Performing Mutual Fund SIPs in India in 2022<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#What_are_the_Different_Types_of_SIP\" title=\"What are the Different Types of SIP?\">What are the Different Types of SIP?<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#Flexible_SIP\" title=\"Flexible SIP\">Flexible SIP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#Top-up_SIP\" title=\"Top-up SIP\">Top-up SIP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#Perpetual_SIP\" title=\"Perpetual SIP\">Perpetual SIP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#Trigger_SIP\" title=\"Trigger SIP\">Trigger SIP<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#How_Can_You_Start_Investing_in_SIP\" title=\"How Can You Start Investing in SIP?\">How Can You Start Investing in SIP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#What_are_the_Disadvantages_of_SIP\" title=\"What are the Disadvantages of SIP?\">What are the Disadvantages of SIP?<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#Which_SIP_is_best_for_beginners\" title=\"Which SIP is best for beginners?\">Which SIP is best for beginners?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#Can_I_lose_money_in_SIP\" title=\"Can I lose money in SIP?\">Can I lose money in SIP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#What_is_the_best_time_to_invest_in_SIP\" title=\"What is the best time to invest in SIP?\">What is the best time to invest in SIP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#Does_SIP_have_tax_benefits\" title=\"Does SIP have tax benefits?\">Does SIP have tax benefits?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#How_to_shorten_SIP_duration\" title=\"How to shorten SIP duration?\">How to shorten SIP duration?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#Interested_in_how_we_think_about_the_markets\" title=\"Interested in how we think about the markets?\">Interested in how we think about the markets?<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>A Systematic Investment Plan or SIP is an investment mode that allows you to <a href=\"https:\/\/app.kuvera.in\/explore\/mf\/c\/all\">invest in mutual funds<\/a>. As the term suggests, it is a systematic way of investing a fixed sum at regular intervals, such as monthly, semi-annually, weekly and quarterly.<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">In contrast to lump sum mutual fund investment, you spread your investment over time with a SIP. Thus, you are not required to have a substantial corpus to start your investment journey.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Please go through the following sections to know more about SIP and its benefits.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/kuvera.in\/explore\/fixed-deposit\/c\/all\"><img loading=\"lazy\" class=\"size-large wp-image-13417 aligncenter\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/FD-Banner_14-July-2022-1024x334.jpg\" sizes=\"(max-width: 640px) 100vw, 640px\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/FD-Banner_14-July-2022-1024x334.jpg 1024w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/FD-Banner_14-July-2022-300x98.jpg 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/FD-Banner_14-July-2022-768x250.jpg 768w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/FD-Banner_14-July-2022.jpg 1080w\" alt=\"Online Fixed Deposits on Kuvera\" width=\"640\" height=\"209\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_do_SIP_-_Systematic_Investment_Plan_Work\"><\/span>How do SIP &#8211; Systematic Investment Plan Work?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>&nbsp;<\/p>\n<p>To know the answer to the Systematic Investment Plan, you should first understand the working of SIPs. It works on the method of consistent and period investments, similar to that of recurring bank deposits.<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">When you start your investment journey through SIP, you put in a fixed sum for a set period. This amount allows you to purchase fund units. As you continue to put in your money, you get to invest during market highs and lows. You do not need to time your investments, reducing the overall risk of investing.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Further, depending upon your financial goals, you can choose an investment corpus. This amount can be auto-debited from your bank account, and you will receive the corresponding mutual fund units. The number of units you receive depends on your NAV (Net Asset Value).<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_Benefits_of_Investing_in_Systematic_Investment_Plans\"><\/span>What are the Benefits of Investing in Systematic Investment Plans?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>By investing in SIP, you can start your investment with a small amount and reap significant returns in the long term. They are known to get 2X more returns than FD in most cases. You can also automate monthly payments in SIPs. Mentioned below are a few other benefits of the Systematic Investment Plan:<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h4><span class=\"ez-toc-section\" id=\"Start_from_a_small_amount_of_money\"><\/span>Start from a small amount of money<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">When it comes to SIP, you don&#8217;t need to accumulate substantial money for investment. Instead, you can start by putting in as little as Rs. 100 at fixed intervals. In addition, investing in SIP also allows you to take advantage of the market volatility and eliminates any need to time the market.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h4><span class=\"ez-toc-section\" id=\"Rupee_cost_averaging\"><\/span>Rupee cost averaging<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">With a SIP, you invest a fixed sum across different market levels. This helps you buy more units when the market is low and fewer units when the demand is high. Over the long term, you will benefit from averaging out the cost of equity funds, thus, lowering the impact of short-term market volatility in your investment.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h4><span class=\"ez-toc-section\" id=\"Power_of_compounding\"><\/span>Power of compounding<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">As you remain invested for the long term, you benefit from the power of compounding. This is the return over the returns already earned by you, similar to compound interest. For instance, suppose you invest Rs. 500, which provides a return of 10% per annum. Now, the profit from the fund is reinvested with a total sum of Rs. 550. The return you earn will be calculated on Rs. 550 and not on Rs. 500.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h4><span class=\"ez-toc-section\" id=\"Convenience_of_investing\"><\/span>Convenience of investing<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">SIP investing is a hassle-free and pocket-friendly mode of investing. You don&#8217;t have to regularly stay updated with the market and conduct extensive market research to balance your portfolio. So, after you start investing, you can enable the auto-debit facility to deduct the money from your bank account.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h4><span class=\"ez-toc-section\" id=\"Allows_disciplined_savings\"><\/span>Allows disciplined savings<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>If you want to create substantial wealth through investments, discipline is necessary. By investing via a Systematic Investment Plan, you commit to planning your savings regularly. Further, each investment takes you closer to reaching your long and short-term financial goals.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Best_Performing_Mutual_Fund_SIPs_in_India_in_2022\"><\/span>Best Performing Mutual Fund SIPs in India in 2022<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The following is a list of the best SIP mutual funds in 2022 on the basis of their 3-year returns. The data in this table is derived from the NAV of these mutual funds as on May 23 2021.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<table style=\"width: 100%;\" border=\"1.5\">\n<tbody>\n<tr>\n<td><b>Name of the Mutual Fund<\/b><\/td>\n<td><b>Type of Mutual Fund<\/b><\/td>\n<td><b>3-Year Annualised Returns<\/b><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/app.kuvera.in\/explore\/mf\/l\/axis-mid-cap-growth--MCDG-GR\"><span style=\"font-weight: 400;\">Axis Midcap Fund- Direct Plan- Growth<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">Mid cap fund<\/span><\/td>\n<td><span style=\"font-weight: 400;\">21.07%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/app.kuvera.in\/explore\/mf\/l\/nippon-india-value-growth--SEAG-GR\"><span style=\"font-weight: 400;\">Nippon India Growth Fund- Direct Plan- Growth<\/span><\/a><\/td>\n<td><a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/equity\/mid-cap-fund\"><span style=\"font-weight: 400;\">Mid cap fund<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">20.26%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/app.kuvera.in\/explore\/mf\/l\/mirae-asset-tax-saver-growth--MATSD1-GR\"><span style=\"font-weight: 400;\">Mirae Asset Tax Saver Fund- Direct Plan- Growth<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">ELSS<\/span><\/td>\n<td><span style=\"font-weight: 400;\">19.47%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/app.kuvera.in\/explore\/mf\/l\/canara-robeco-equity-tax-saver-growth--CAETDG-GR\"><span style=\"font-weight: 400;\">Canara Robeco Equity Tax Saver Fund- Direct Plan- Growth<\/span><\/a><\/td>\n<td><a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/equity\/elss\"><span style=\"font-weight: 400;\">ELSS<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">18.09%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/app.kuvera.in\/explore\/mf\/l\/kotak-bluechip-growth--KO13D-GR\"><span style=\"font-weight: 400;\">Kotak Bluechip Fund- Direct Plan- Growth<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">Large cap fund<\/span><\/td>\n<td><span style=\"font-weight: 400;\">14.57%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/app.kuvera.in\/explore\/mf\/l\/mirae-asset-large-cap-growth--MAFIOD1-GR\"><span style=\"font-weight: 400;\">Mirae Asset Large Cap Fund- Direct Plan- Growth<\/span><\/a><\/td>\n<td><a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/equity\/large-cap-fund\"><span style=\"font-weight: 400;\">Large cap fund<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">13.58%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/app.kuvera.in\/explore\/mf\/l\/axis-bluechip-growth--AXEFDG-GR\"><span style=\"font-weight: 400;\">Axis Bluechip Fund- Direct Plan- Growth<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">Large cap fund<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.63%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/app.kuvera.in\/explore\/mf\/l\/uti-nifty-index-growth--UTNID2-GR\"><span style=\"font-weight: 400;\">UTI Nifty Index Fund- Direct Plan- Growth<\/span><\/a><\/td>\n<td><a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/others\/index-funds\"><span style=\"font-weight: 400;\">Index fund<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">12.58%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/app.kuvera.in\/explore\/mf\/l\/hdfc-index-sensex-growth--INSPT-GR\"><span style=\"font-weight: 400;\">HDFC Index Fund- Direct Plan- Nifty 50 Plan<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">Index fund<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.45%<\/span><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/app.kuvera.in\/explore\/mf\/l\/nippon-india-large-cap-growth--EAAG-GR\"><span style=\"font-weight: 400;\">Nippon India Large Cap Fund- Direct Plan- Growth<\/span><\/a><\/td>\n<td><span style=\"font-weight: 400;\">Large cap fund<\/span><\/td>\n<td><span style=\"font-weight: 400;\">11.10%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_Different_Types_of_SIP\"><\/span>What are the Different Types of SIP?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>Upon knowing the definition and benefits of SIP, the next thing to know is the different types of SIPs. Primarily, there are four types of SIPs that you can opt for. The top SIP would depend upon your individual financial goals.<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Find details about the types of SIP below:<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h4><span class=\"ez-toc-section\" id=\"Flexible_SIP\"><\/span>Flexible SIP<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">As the name suggests, with a flexible SIP, you can alter the investment amount based on your financial situation and market conditions. It is also called Flexi SIP. You can inform the fund house about the changes in SIP contributions. However, this intimation should be given at least a week before the SIP instalment deduction date.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Regarding the market conditions, there is a pre-decided formula. This allows investors to invest more when the market is underperforming and lower the amount when the market rises.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">For instance, if you face a cash crunch, you can inform the fund house to halt your SIP payments. This allows you to skip the payment without worrying about defaulting. Similarly, if you have surplus cash in your hand, you can increase the SIP amount for a certain period.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h4><span class=\"ez-toc-section\" id=\"Top-up_SIP\"><\/span>Top-up SIP<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Also called step-up SIP, it allows investors to increase their SIP amounts periodically. For instance, you might start investing through SIP with an amount of Rs. 1000 and instruct the fund house to increase that amount by Rs. 2000 every six months.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Choosing a top-up SIP will allow you to add increased flexibility to your investment contributions. In simple words, as your income increases, you can improve your SIP contribution. This way, you can create an investment corpus faster due to the power of compounding.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h4><span class=\"ez-toc-section\" id=\"Perpetual_SIP\"><\/span>Perpetual SIP<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">While filling out the application form, you must select the investment amount and your investments&#8217; start and end date. If you do not specify any tenure, then it becomes perpetual SIP. Every SIP with no specified end date runs till 2099, given that it is the distant future.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thus, your SIP will continue till the previous year until you instruct the fund house to stop the investment. This option provides the benefit of staying invested for a longer duration. Additionally, you can redeem your investment anytime in the future.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h4><span class=\"ez-toc-section\" id=\"Trigger_SIP\"><\/span>Trigger SIP<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">With this option, you can set a trigger for your investment. For example, you can instruct the fund house to withdraw the SIP amount from your bank account and utilize it to purchase units of a particular scheme. The NAV of that specific scheme maintains a certain level.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, you also receive other trigger options concerning levels of the stock market index and specific dates.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_Can_You_Start_Investing_in_SIP\"><\/span>How Can You Start Investing in SIP?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>As mentioned above, starting your investment journey through SIP is simple and convenient. So, if you are wondering about how to start SIP investment, follow the steps mentioned below:<\/p>\n<p>&nbsp;<\/p>\n<p><b>Step 1: Complete your KYC<\/b><\/p>\n<p>&nbsp;<\/p>\n<p>To begin your investment journey through a Systematic Investment Plan, you need to complete the KYC documentation process. Submit your address proof, identity proof, and photograph to proceed. Interestingly, with the advent of technology, this entire process can be completed online.<\/p>\n<p>&nbsp;<\/p>\n<p><b>Step 2: Identify your investment goals<\/b><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">After setting up your KYC, the next step is to determine why you want to invest through SIP. List your financial goals and search for funds that can help you achieve these goals.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>Step 3: Choose the plan<\/b><\/p>\n<p>&nbsp;<\/p>\n<p>In the next step, you must select the investment parameters. You need to choose the best SIP to invest in per your risk appetite and financial goals.<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Following this, fill in a few more details, such as:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tenure<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Investment frequency<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Investment amount<\/span><\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_Disadvantages_of_SIP\"><\/span>What are the Disadvantages of SIP?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>Apart from the host of benefits, there are also a few disadvantages of SIP that you must know. Find about them below:<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Stopping SIP payments can bring in added hassles. If you have a fixed Systematic Investment Plan, you do not get the provision to skip payments. Even if you wish to do so due to financial crunches, the only way out is to cancel the SIP.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The SIP route works best for individuals with a uniform cash flow. If you have unpredictable cash flows, paying the sum at regular intervals can be worrisome.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you choose a fixed SIP, you cannot change your investment amount, tenure, and payment frequency.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Regardless of these disadvantages, various types of Systematic Investment Plans can help you achieve your financial goals with ease. However, you must understand the working of that particular SIP before making an investment decision.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>Frequently Asked Questions<\/b><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li aria-level=\"1\">\n<h4><span class=\"ez-toc-section\" id=\"Which_SIP_is_best_for_beginners\"><\/span>Which SIP is best for beginners?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Beginners can start their investment journey by investing in Fixed SIP. This is the basic form of a Systematic Investment Plan and does not carry any complications. However, note that you should choose a plan depending upon your personal financial goals and investment objective.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li aria-level=\"1\">\n<h4><span class=\"ez-toc-section\" id=\"Can_I_lose_money_in_SIP\"><\/span>Can I lose money in SIP?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Although investment via SIP reduces the risk of investing in equity funds, it provides rupee cost averaging. However, SIP investors can also lose money depending on the market conditions.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li aria-level=\"1\">\n<h4><span class=\"ez-toc-section\" id=\"What_is_the_best_time_to_invest_in_SIP\"><\/span>What is the best time to invest in SIP?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The right time to invest in SIP could be when:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You do not have substantial funds for investment<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You do not want to take a risk<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mutual fund investments are out of your tray<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li aria-level=\"1\">\n<h4><span class=\"ez-toc-section\" id=\"Does_SIP_have_tax_benefits\"><\/span>Does SIP have tax benefits?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">If you invest through SIP in ELSS or any other tax-saving mutual fund scheme, you will be eligible to claim tax deductions under Section 80C of the Income Tax Act. The maximum deduction limit under this section is Rs. 1.5 lakh.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li aria-level=\"1\">\n<h4><span class=\"ez-toc-section\" id=\"How_to_shorten_SIP_duration\"><\/span>How to shorten SIP duration?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">You can decrease your SIP tenure by simply informing the same to the fund house through a written letter.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Interested_in_how_we_think_about_the_markets\"><\/span>Interested in how we think about the markets?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Read more: <a href=\"https:\/\/kuvera.in\/blog\/category\/zen-and-the-art-of-investing\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Zen And The Art Of Investing<\/strong><\/a><\/p>\n<p>Watch\/hear on YouTube:<\/p>\n<p>&nbsp;<\/p>\n<p><iframe loading=\"lazy\" title=\"Kuvera Insights\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/videoseries?list=PLDSzQdT9nLmCysU31bg4Ngh7WY2p3UiiI\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Start investing through a platform that brings goal planning and investing to your fingertips. Visit <a href=\"https:\/\/app.kuvera.in\/\"><strong>Kuvera.in<\/strong><\/a> to discover <a href=\"https:\/\/kuvera.in\/blog\/direct-plans-better\/\"><strong>Direct Plans<\/strong><\/a> and <strong><a href=\"https:\/\/app.kuvera.in\/explore\/fixed-deposit\/c\/all\">Fixed Deposits<\/a><\/strong> and <a href=\"https:\/\/kuvera.in\/user\/login\"><strong>start investing today.<\/strong><\/a><\/p>\n<p>#MutualFundSahiHai #KuveraSabseSahiHai!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Systematic Investment Plan or SIP is an investment mode that allows you to invest in mutual funds. As the term suggests, it is a systematic way of investing a fixed sum at regular intervals, such as monthly, semi-annually, weekly and quarterly. &nbsp; In contrast to lump sum mutual fund investment, you spread your investment [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":11,"featured_media":12007,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[99,768],"tags":[861,862,864,17,769,33,865,863],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SIP &#8211; Systematic Investment Plan- Definition, types, benefits - Kuvera<\/title>\n<meta name=\"description\" content=\"Systematic Investment plan is one of the most popular way of investing in mutual funds. Here the one can invest fixed amount in monthly, quarterly instead of lumpsum.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SIP &#8211; Systematic Investment Plan- Definition, types, benefits - Kuvera\" \/>\n<meta property=\"og:description\" content=\"Systematic Investment plan is one of the most popular way of investing in mutual funds. Here the one can invest fixed amount in monthly, quarterly instead of lumpsum.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/\" \/>\n<meta property=\"og:site_name\" content=\"Kuvera\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/kuvera.in\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-30T08:52:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-14T11:05:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/05\/Start-SIP-Get-High-Returns-2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"2240\" \/>\n\t<meta property=\"og:image:height\" content=\"1260\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Kuvera\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Kuvera_In\" \/>\n<meta name=\"twitter:site\" content=\"@Kuvera_In\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kuvera\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SIP &#8211; Systematic Investment Plan- Definition, types, benefits - Kuvera","description":"Systematic Investment plan is one of the most popular way of investing in mutual funds. Here the one can invest fixed amount in monthly, quarterly instead of lumpsum.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/","og_locale":"en_US","og_type":"article","og_title":"SIP &#8211; Systematic Investment Plan- Definition, types, benefits - Kuvera","og_description":"Systematic Investment plan is one of the most popular way of investing in mutual funds. Here the one can invest fixed amount in monthly, quarterly instead of lumpsum.","og_url":"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/","og_site_name":"Kuvera","article_publisher":"https:\/\/www.facebook.com\/kuvera.in","article_published_time":"2022-05-30T08:52:58+00:00","article_modified_time":"2022-07-14T11:05:30+00:00","og_image":[{"width":2240,"height":1260,"url":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/05\/Start-SIP-Get-High-Returns-2.png","type":"image\/png"}],"author":"Kuvera","twitter_card":"summary_large_image","twitter_creator":"@Kuvera_In","twitter_site":"@Kuvera_In","twitter_misc":{"Written by":"Kuvera","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#article","isPartOf":{"@id":"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/"},"author":{"name":"Kuvera","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/person\/6b774e7d3516942b9e0242c93d7cb307"},"headline":"SIP &#8211; Systematic Investment Plan- Definition, types, benefits","datePublished":"2022-05-30T08:52:58+00:00","dateModified":"2022-07-14T11:05:30+00:00","mainEntityOfPage":{"@id":"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/"},"wordCount":1812,"commentCount":0,"publisher":{"@id":"https:\/\/kuvera.in\/blog\/#organization"},"keywords":["Invest in sip","mutual fund sip","perpetual sip","SIP","SIP investment","systematic investment plan","top up sip","trigger sip"],"articleSection":["Investing 101","SIP"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/","url":"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/","name":"SIP &#8211; Systematic Investment Plan- Definition, types, benefits - Kuvera","isPartOf":{"@id":"https:\/\/kuvera.in\/blog\/#website"},"datePublished":"2022-05-30T08:52:58+00:00","dateModified":"2022-07-14T11:05:30+00:00","description":"Systematic Investment plan is one of the most popular way of investing in mutual funds. Here the one can invest fixed amount in monthly, quarterly instead of lumpsum.","breadcrumb":{"@id":"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/kuvera.in\/blog\/sip-systematic-investment-plan-definition-types-benefits\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/kuvera.in\/blog\/"},{"@type":"ListItem","position":2,"name":"SIP &#8211; Systematic Investment Plan- Definition, types, benefits"}]},{"@type":"WebSite","@id":"https:\/\/kuvera.in\/blog\/#website","url":"https:\/\/kuvera.in\/blog\/","name":"Kuvera","description":"Wealth Management, Simplified","publisher":{"@id":"https:\/\/kuvera.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/kuvera.in\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/kuvera.in\/blog\/#organization","name":"Kuvera","url":"https:\/\/kuvera.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/cropped-cropped-kuvera-logo-dark-3.png","contentUrl":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/cropped-cropped-kuvera-logo-dark-3.png","width":83,"height":13,"caption":"Kuvera"},"image":{"@id":"https:\/\/kuvera.in\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/kuvera.in","https:\/\/twitter.com\/Kuvera_In","https:\/\/www.instagram.com\/kuvera.in","https:\/\/www.linkedin.com\/company-beta\/10456535\/"]},{"@type":"Person","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/person\/6b774e7d3516942b9e0242c93d7cb307","name":"Kuvera","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/07\/social-media-logo-02-alt-v3-150x150.jpg","contentUrl":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/07\/social-media-logo-02-alt-v3-150x150.jpg","caption":"Kuvera"},"description":"Kuvera is India's first free Direct Mutual Fund investing platform. We bring you goal-based investing and innovative features like Tax Harvesting, TradeSmart, Family Account and more!","sameAs":["http:\/\/kuvera.in"],"url":"https:\/\/kuvera.in\/blog\/author\/kuvera-research\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts\/11962"}],"collection":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/comments?post=11962"}],"version-history":[{"count":4,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts\/11962\/revisions"}],"predecessor-version":[{"id":13492,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts\/11962\/revisions\/13492"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/media\/12007"}],"wp:attachment":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/media?parent=11962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/categories?post=11962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/tags?post=11962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}