Daily SIP Directory
Funds officially supporting daily rupee-cost averaging starting from ₹10 to ₹100/day to smooth market volatility.
Verified Daily Micro-SIP Schemes (14 Funds)
Smoothes daily market volatilityOfficial Axis AMC 'Gold @ ₹10' daily micro-SIP facility.
Axis 'Rozana SIP' starting from ₹10/day for disciplined small-cap compounding.
Daily rupee cost averaging across mid-cap market volatility.
Direct daily allocation into India's top 100 bluechip titans.
Nippon India Daily SIP for India's largest small-cap fund portfolio.
Consistent daily accumulation across large-cap leaders.
One of India's oldest mid-cap compounding engines supporting daily SIPs.
Daily SIP in ICICI Pru's flagship low-volatility large-cap fund.
Daily automated diversification across Equity, Debt, and Gold.
Daily momentum-driven multi-cap participation with dynamic VLRT allocation.
Daily SIP smoothing in a high-beta, high-momentum small cap portfolio.
Ultra low-cost passive Nifty 50 index tracking starting from ₹10/day.
Low-cost exposure to India's top 51-100 mid-to-large cap emerging giants.
Daily systematic entry into high-growth small-cap enterprises.
What is a Daily SIP in Mutual Funds?
A Daily SIP (Systematic Investment Plan) is an automated mutual fund facility that invests a fixed micro-amount—as low as ₹10 to ₹100 per trading day—into chosen mutual fund units. Unlike monthly SIPs, a daily SIP averages purchase costs across all 250+ annual market trading sessions, helping eliminate market entry timing risk during volatile periods.
List of Top AMCs Offering Daily SIP in India
Official minimum investment amounts and installment criteria verified from AMC SID filings
| Fund House (AMC) | Min. Daily Amount | Min. Installments | Popular Eligible Schemes | Facility Name |
|---|---|---|---|---|
| Axis Mutual Fund | ₹10 / day | 30 Installments | Axis Small Cap, Axis Midcap, Axis Bluechip, Axis Gold | Rozana SIP / Gold @ ₹10 |
| Navi Mutual Fund | ₹10 / day | 10 Installments | Navi Nifty 50 Index, Navi Nifty Next 50 | Micro Daily SIP |
| Nippon India Mutual Fund | ₹100 / day | 20 Installments | Nippon Small Cap, Nippon Large Cap, Nippon Growth | Nippon Daily SIP |
| ICICI Prudential AMC | ₹100 / day | 30 Installments | ICICI Pru Bluechip, ICICI Pru Multi-Asset | Daily SIP Facility |
| Quant Mutual Fund | ₹100 / day | 30 Installments | Quant Small Cap, Quant Active, Quant Mid Cap | Daily Dynamic SIP |
Frequently Asked Questions About Daily SIP in India
Which mutual funds allow daily SIP in India?
Leading fund houses officially offering daily SIPs include Axis Mutual Fund (starting at ₹10/day under Rozana SIP for Axis Small Cap, Midcap, and Gold funds), Navi Mutual Fund (₹10/day on index funds), and Nippon India Mutual Fund (₹100/day for Nippon Small Cap and Large Cap).
What is the minimum daily SIP amount in India?
The lowest minimum daily SIP amount in India is ₹10 per day, officially supported by Axis Mutual Fund and Navi Mutual Fund. For Nippon India, ICICI Prudential, and Quant Mutual Fund, the minimum daily SIP amount is ₹100 per day.
Is a daily SIP better than a monthly SIP?
Daily SIP provides more frequent rupee cost averaging during volatile market swings. However, over a 5 to 10-year horizon, empirical backtests reveal that annualized returns between daily and monthly SIPs differ by less than 0.3%. Daily SIP is especially beneficial for daily wage earners and disciplined habit formation.
What is the minimum installment requirement for daily SIP?
For ₹10/day daily SIPs at Axis Mutual Fund, the statutory minimum is 30 installments (₹300 total commitment). For ₹100/day daily SIPs at Nippon India, the minimum requirement is typically 20 installments (₹2,000 total commitment).
Can I stop or pause a daily SIP at any time?
Yes. You can cancel or pause a daily SIP mandate at any time through your mutual fund app (Groww, Zerodha Coin, CAMS/KFintech, or direct AMC portal) without any exit penalty or deduction. The auto-debit stops within standard bank turnaround time.
Are there extra bank transaction charges for daily SIP auto-debits?
No, mutual fund AMCs do not levy any extra charges for processing daily SIPs. Most banks process automated NACH and UPI e-mandates for mutual funds without recurring fees.