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Economic Times
an hour ago
- Economic Times
How to Start a Bitcoin SIP in India: Step-by-Step for Beginners
Live Events Sign Up: Download the Mudrex app and create your account. Complete KYC: Upload your PAN and ID proof. This takes just a few minutes. Add Funds: Add funds to your Mudrex wallet using UPI, bank transfer, or net banking. Choose Your Investment: Head over to the coins section and choose the crypto you'd like to start an SIP for. Tap on 'buy' and choose the option labelled 'recurring'. Set SIP Frequency: Choose how often to invest (e.g., weekly, monthly, or daily), how much you'd like to invest each time, and the day of the month/week you want to invest on. Start Your SIP: Pay the initial investment amount using your preferred payment method, and your crypto SIP is done. (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The hardest part of crypto investing is not just the price going up and down. It is beating the fear and confusion that come from sudden changes and the worry of losing money by picking the wrong time to buy or fear makes many beginners freeze and do nothing, or make quick decisions that cause get can start a SIP in crypto with as little as ₹100. Many platforms offer daily, weekly, or monthly options, making it easy to invest regularly. Apps like Mudrex help automate the process.A Crypto SIP (Systematic Investment Plan) lets you invest a fixed amount in cryptocurrencies like Bitcoin, Ethereum, or Coin Sets, which is a basket of tokens at regular of it like your regular SIP in mutual funds. Instead of investing in stocks or bonds, you're investing in digital assets. A Bitcoin SIP investment means you're buying small portions of Bitcoin over time instead of putting all your money in at helps reduce risk and avoid panic during market ups and say you want to start a SIP in Bitcoin for ₹1,000 every month. You don't need to worry about the price of Bitcoin going up or down each day. The platform will automatically buy Bitcoin worth ₹1,000 for you every the price is low, you get more Bitcoin. When the price is high, you get less. Over time, this helps you average out the cost—this is called dollar-cost averaging or even rupee-cost averaging based on what currency you a smart way to build your Bitcoin investment without a Crypto SIP in India is very easy. Platforms like Mudrex are trusted, beginner-friendly, and offer various options like Bitcoin SIP, ETH SIP, and how you can get started on a secure platform like what makes a SIP in cryptocurrency different? Here's a simple breakdown:The crypto market is risky, but it can also bring bigger gains. Coins like Bitcoin and Ethereum have given very high returns in the past. While traditional SIPs usually give 10-15% yearly returns, crypto SIP returns in India can be much higher, though not don't need lakhs of rupees to invest in Bitcoin. With a bitcoin SIP app, you can invest in tiny parts of a coin; even ₹500 is enough. That's hard to do with many traditional markets are open only during the day, Monday to Friday. But crypto SIP platforms in India like Mudrex let you invest anytime, day or night, even on Sundays!Some people use crypto, especially Bitcoin, as a way to protect their money from inflation. Since the supply of coins like Bitcoin is fixed, they might hold value better over time than regular investing doesn't have to be scary. If you're someone who wants to start small and invest wisely, a Bitcoin SIP or Crypto SIP is the best first a trusted platform like Mudrex , you can easily start your SIP in crypto in India, track your returns, and build wealth over time. Whether you're looking for the best app for Bitcoin SIP or want to know how to do SIP in Bitcoin in India, this is your starting point.
Economic Times
an hour ago
- Economic Times
SIP or stop? What smart investors should do in 2025's market volatility
With global uncertainty rising and market volatility back in focus, many investors are asking, "Should I continue my SIPs or pause them?" In this exclusive conversation, ET Markets speaks to Chirag Muni, Executive Director at Anand Rathi Wealth, to decode the current scenario and outline the right mutual fund strategy for today's market. ADVERTISEMENT Excerpts: Q. Let's begin with Trump's move. The U.S. has imposed a 25% tariff on Indian imports. Do you see this as an alarm or an opportunity for SIP investors? Chirag Muni: While the 25% tariff sounds severe, markets haven't reacted sharply, partly because there's still a lack of clarity. The market did open lower but recovered quickly, possibly also due to the monthly expiry. In the long term, India's macroeconomic fundamentals remain strong. Our export dependency on the U.S. isn't significant enough to cause a massive dent. Preliminary estimates suggest that the GDP impact may be around 0.2%–0.3% if the full tariffs are there are talks of penalties related to India's continued imports of Russian oil, but these are still unconfirmed. Overall, from a 3–5 year perspective, India's outlook remains positive. So, market dips should be seen as an opportunity rather than a reason to panic. It's a good time to accumulate on dips.Q. Some investors are panicking and considering redeeming mutual fund investments. Should they hold or exit? And what about continuing their SIPs? ADVERTISEMENT Chirag Muni: If you're already invested, stay put. Rebalance only if your equity exposure is above 75–80%. If you're between 60–70%, there's little reason to worry. As for SIPs — absolutely continue. SIPs work because of rupee cost averaging. When markets fall, you get more units; when markets rise, fewer. This naturally reduces your average cost per unit. ADVERTISEMENT For example, let's say you started an SIP in January investing ₹10,000 monthly. If the NAV fluctuated between ₹9 and ₹13, your average cost would still be favorable compared to investing a lump sum at a peak.Q. Should new investors start an SIP now or wait for a dip? ADVERTISEMENT Chirag Muni: Timing the market is tough. We did a study over the past 25 years, even if someone invested at the peak of each month, they earned ~11.19% returns. Those who invested at monthly lows got ~12.65%, and a disciplined mid-month investor earned ~11.84%.So, the difference isn't significant. If you have investable surplus, start now. Waiting rarely helps in the long run. ADVERTISEMENT Q. What's your view on step-up SIPs in the current environment? Chirag Muni: Step-up SIPs are incredibly effective and often underutilized. Let's say a 25-year-old starts a ₹5,000 SIP and continues for 35 years — they might build a corpus of ₹3.5 crore. But if they increase the SIP by 10% annually, the corpus could grow to ₹9.4 crore! Even a ₹25,000 SIP can become ₹17.5 crore over 35 years, but with a 10% annual step-up, that corpus can grow to ₹47 crore. So yes, step-up SIPs are a powerful way to grow wealth over time.Q. Investors often wonder... which date of the month is best for SIPs? Chirag Muni: We looked at 25 years of data and tested SIPs started on every date of the month. The return difference between the best and worst-performing dates was just 0.15%. So, the date doesn't matter. What matters is consistency. Pick a date you're comfortable with and stick to it. Q. Do SIPs outperform lump sum investments? Chirag Muni: Yes, especially in volatile markets. In 20 out of 24 calendar years, SIPs offered a better average entry cost than lump sum investing. Over the last 10 years, SIPs outperformed lump sum in 90% of cases. Rupee cost averaging helps navigate volatility effectively — making SIPs the better choice for most retail investors.Q. What's an ideal investment horizon for SIPs? Chirag Muni: A minimum of 3–4 years is essential. Over three years, 90% of SIPs deliver positive returns. If you hold for five years, the probability of 10%+ returns goes up to 85%. For 15 years, it becomes 95%. Also, even if the first year shows negative returns, holding on for three more years often delivers 11–12% CAGR. So patience and discipline are key.Q. Given current domestic and global uncertainty, should investors review or rebalance their SIPs? Chirag Muni: Absolutely. While SIPs are automated, reviewing your portfolio annually is important. Evaluate scheme performance, asset allocation, and market cap exposure. If a scheme underperforms for a long time or your allocation becomes skewed, consider rebalancing. Regular monitoring is essential for long-term success. Q. Where should SIP investors focus: large, mid, or smallcap funds? Chirag Muni: Largecaps are less volatile, but mid and smallcaps offer higher return potential over longer horizons. From 2014 to 2024: Largecap (Nifty 100): Avg return ~12.6% Avg return ~12.6% Midcap: Avg return ~16.8% Avg return ~16.8% Smallcap: Avg return ~14% If you have a 5+ year horizon, a higher allocation to mid and smallcaps can make sense. Diversify across market caps for balanced growth.Q. What's a good market cap allocation mix for current conditions? Chirag Muni: Right now, a balanced allocation could be: Largecap: 55% 55% Midcap: 22–23% 22–23% Smallcap: ~20% This mix offers relative stability with growth potential. Disclaimer: Recommendations, suggestions, views and opinions given by the experts/brokerages do not represent the views of Economic Times.
Mint
an hour ago
- Mint
Sensex resumes downtrend after one-day hiatus, drops 300 points — 10 key highlights from Indian stock market today
Indian stock market's benchmark indices — Sensex and Nifty — resumed their downward trend after a one-day hiatus on Tuesday, August 5. With this, both indices are down in three of the past four trading sessions. The BSE barometer Sensex closed 308 points or 0.38% lower at 80,710. Meanwhile, its NSE counterpart, Nifty 50, settled at 24,649, down 73 points or 0.30%.
