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Should you set up an e-mandate for mutual fund SIPs?

  • Vinod Choudhary
  • Sep 7, 2024
  • 2 min read

Updated: Oct 30, 2024

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Ever caught yourself worrying about missing your SIP date or just tired of handling manual transactions every month? Say hello to e-Mandate, the ultimate thing for automating your mutual fund investments!


So, what exactly is e-Mandate? 🤔


Picture this: You’ve set up an SIP for your favourite mutual fund, and instead of manually transferring money every month, e-Mandate handles it for you. Think of it as giving your bank a ‘standing instruction’ to send a fixed amount to the mutual fund company (AMC) on your behalf, on time, every time. No more missed SIPs, no more last-minute rush! 🚀


Why e-Mandate at ₹10,00,000? 💰


At Miles Wealth, we’ve set the e-Mandate limit at ₹10,00,000 to give you maximum flexibility and freedom. Whether you’re starting small or planning to scale your investments over time, you can easily increase your investment amount without the hassle of redoing paperwork. Unlike shorter mandate limits that require constant setup, ours is a set-it-and-forget-it solution—with plenty of room to grow! 📊


How does this help you?


  1. No More Missed Payments: Never worry about forgetting your SIP dates or manually making payments.

  2. Flexible Investments: At Miles Wealth, whether you want to start small or gradually increase, the ₹10,00,000 limit gives you all the breathing room you need.

  3. Stay on Track with Your Goals: Align your investments with your long-term financial goals— stress-free.


Ready to make investing effortless?


With e-Mandate, your SIPs are on autopilot. Just set it up once and let your money work for you without any extra effort. At Miles Wealth, we make sure your investments are always one step ahead, so you can sit back and watch your wealth grow.


👉🏻 Download Miles Wealth today! 💼📈





 
 
 

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