The question
Every SIP has a floor, the smallest instalment the fund will take. It is written into the fund's Scheme Summary Document (SSD), the one-page-per-scheme filing every AMC publishes.
We read the stated SIP minimum from the SSDs of 525 equity funds, Direct plan, Growth option, read between 25 September and 7 October 2026. The figure is the monthly minimum where the document states one, and otherwise the smallest amount across the frequencies it lists, so a larger quarterly floor does not count.
Where the floor sits
| Minimum SIP | Funds | Share of 525 |
|---|---|---|
| ₹99 | 2 | 0.4% |
| ₹100 | 260 | 49.5% |
| ₹150 or ₹200 | 2 | 0.4% |
| ₹250 | 19 | 3.6% |
| ₹500 | 161 | 30.7% |
| ₹1,000 | 74 | 14.1% |
| ₹2,000 to ₹6,000 | 7 | 1.3% |
Put another way, 262 of 525 funds, 49.9%, accept ₹100 or less, and 444, or 84.6%, accept ₹500 or less. Only 81 ask for ₹1,000 or more.
It depends on the house, not the category
Within a fund house the floor is usually the same for most of its equity funds. Among the 25 houses with at least 12 equity funds in the data:
- ₹100 across the range: ICICI Prudential (29 of 34 equity funds), HDFC (21 of 22), Nippon India (19 of 20), Kotak (20 of 24), Tata (17 of 19) and Aditya Birla Sun Life (22 of 27).
- ₹500 across the range: Baroda BNP Paribas (20 of 20), SBI (17 of 17), UTI (17 of 18), Franklin Templeton (15 of 15), HSBC (14 of 14), ITI (13 of 13) and Mirae Asset (10 of 12).
- ₹1,000 or more: Quant (19 of 21), Canara Robeco (10 of 13) and Bank of India (10 of 12).
The highest figures in the whole set belong to Motilal Oswal, which states ₹6,000 for five of its equity funds, among them Motilal Oswal Flexi Cap and Motilal Oswal Midcap, and to two smaller houses: The Wealth Company Small Cap at ₹2,000 and Old Bridge Focused at ₹2,500.
Other kinds of fund
The same reading for other categories (Direct Growth, same dates) shows a similar split.
| Category | Funds | ₹100 or less | ₹500 or less |
|---|---|---|---|
| Equity | 525 | 49.9% | 84.6% |
| Index | 337 | 65.0% | 88.4% |
| Fund of funds | 182 | 64.8% | 91.8% |
| Hybrid | 178 | 39.3% | 79.2% |
| Debt | 343 | 39.7% | 70.3% |
Index funds and fund-of-funds are the cheapest to start. Debt and hybrid funds are the most likely of these groups to ask ₹1,000: it is the stated floor for 100 of the 343 debt funds.
Why a low floor still matters
A ₹100 SIP will not build much wealth. At 1% a month, ₹100 a month for 20 years grows to roughly ₹1 lakh. That is not the point of the low floor. It lets a first-time investor start, see how a fund's NAV moves and how a SIP debit shows up, with an amount small enough not to hurt.
The reverse is also true. A higher floor, such as ₹500 or ₹1,000, is rarely a barrier for someone who can commit to investing regularly. The more useful questions are the fund's costs and what it holds, and whether the instalment can be sustained through a market fall.
What this does not tell you
The SSD is the AMC's own filing. If a scheme changes its minimum after filing, our reading lags until the next refresh. Check the current amount on the AMC or platform before you set up a SIP.
Platforms add their own rules. Some apps and distributors set a different minimum from the fund's.
Instalment frequency matters. Daily, weekly and monthly SIPs usually share a floor; quarterly ones often have a larger one.
None of this is a recommendation of any fund or fund house. Use the screener to see current numbers for any scheme.
Frequently asked questions
What is the lowest SIP amount in a mutual fund?
The Scheme Summary Documents of 525 Direct Growth equity funds show a lowest stated SIP of ₹99 for 2 funds and ₹100 for 260, so 262, or 49.9%, accept ₹100 or less. Another 161 ask ₹500, 19 ask ₹250, and 81 ask ₹1,000 or more.
Which fund houses have the highest minimum SIP?
Among houses with at least 12 equity funds in this data, Quant asks ₹1,000 or more for 19 of 21, Canara Robeco for 10 of 13 and Bank of India for 10 of 12. Motilal Oswal asks ₹6,000 for five of its equity funds.
Does a lower minimum SIP mean a cheaper or better fund?
No. The minimum is only the smallest instalment the fund accepts. It says nothing about the fund's expense ratio, returns or risk, and most investors will put in more than the minimum anyway.
This is commentary on published data, not investment advice. WealthTicker is not a SEBI-registered adviser or distributor. Figures are WealthTicker’s own calculations from public data — AMFI’s fund NAVs and disclosures, NSE’s index and FII/DII files, and the fund houses’ monthly portfolios (how we calculate). They are as of the dates stated and can be revised by their source.
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