{"id":23736,"date":"2026-01-05T07:21:27","date_gmt":"2026-01-05T07:21:27","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?post_type=mutual-funds&#038;p=23736"},"modified":"2026-01-05T07:21:27","modified_gmt":"2026-01-05T07:21:27","slug":"daily-sip-vs-monthly-sip","status":"publish","type":"mutual-funds","link":"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/daily-sip-vs-monthly-sip\/","title":{"rendered":"Daily SIP vs Monthly SIP: Which SIP is Better?"},"content":{"rendered":"\n<p>Mutual funds as an investment option are gaining popularity because of their simplicity in creating wealth in the long run. There are two ways of investing in a mutual fund: lump sum and SIP. However, investors often get confused between a daily and a monthly SIP.<\/p>\n\n\n\n<p>In today\u2019s blog post, we will give you an overview of which one is better: daily SIP or a monthly SIP.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent 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\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><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><\/span><\/span><\/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:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/daily-sip-vs-monthly-sip\/#What_is_Daily_SIP\" title=\"What is Daily SIP?\">What is Daily SIP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/daily-sip-vs-monthly-sip\/#Benefits_of_Daily_SIP\" title=\"Benefits of Daily SIP\">Benefits of Daily SIP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/daily-sip-vs-monthly-sip\/#Disadvantages_of_Daily_SIP\" title=\"Disadvantages of Daily SIP\">Disadvantages of Daily SIP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/daily-sip-vs-monthly-sip\/#What_is_a_Monthly_SIP\" title=\"What is a Monthly SIP?\">What is a Monthly SIP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/daily-sip-vs-monthly-sip\/#Benefits_of_Monthly_SIP\" title=\"Benefits of Monthly SIP\">Benefits of Monthly SIP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/daily-sip-vs-monthly-sip\/#Disadvantages_of_Monthly_SIP\" title=\"Disadvantages of Monthly SIP\">Disadvantages of Monthly SIP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/daily-sip-vs-monthly-sip\/#Difference_between_Daily_and_Monthly_SIP\" title=\"Difference between Daily and Monthly SIP\">Difference between Daily and Monthly SIP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/daily-sip-vs-monthly-sip\/#Best_Mutual_Funds_for_SIP\" title=\"Best Mutual Funds for SIP\">Best Mutual Funds for SIP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/daily-sip-vs-monthly-sip\/#Which_one_is_better\" title=\"Which one is better?\">Which one is better?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/daily-sip-vs-monthly-sip\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds\/daily-sip-vs-monthly-sip\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-what-is-daily-sip\"><span class=\"ez-toc-section\" id=\"What_is_Daily_SIP\"><\/span>What is Daily SIP?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A daily sip is a mode of investing in a mutual fund in which an investor invests a particular amount on a daily basis instead of a monthly or quarterly basis. It spreads your investment evenly throughout the business days, which generally range from 20 to 22 days in a month. Daily SIP increases the benefit of rupee cost averaging. Start your investing journey with <a href=\"https:\/\/www.pocketful.in\/\">Pocketful<\/a> for a smooth and disciplined experience.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-benefits-of-daily-sip\"><span class=\"ez-toc-section\" id=\"Benefits_of_Daily_SIP\"><\/span>Benefits of Daily SIP<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The key benefits of daily SIP are as follows:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Rupee Cost Averaging:<\/strong> Through daily SIP, one can get the enhanced benefit of rupee cost averaging because the purchases through SIPs are executed daily.<\/li>\n\n\n\n<li><strong>Market Timing: <\/strong>As the investments are spread across the trading days, the impact of market volatility will be minimised.<\/li>\n\n\n\n<li><strong>Correction:<\/strong> In case of market correction, daily SIP invests more frequently at a lower NAV, which allows an investor to accumulate more units.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-disadvantages-of-daily-sip\"><span class=\"ez-toc-section\" id=\"Disadvantages_of_Daily_SIP\"><\/span>Disadvantages of Daily SIP<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The key disadvantages of daily SIP are as follows:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Less Convenient:<\/strong> Daily SIP includes numerous transactions during a month, which makes it difficult for a retail investor to track, as they prefer simplicity.<\/li>\n\n\n\n<li><strong>Limited Availability:<\/strong> Not every mutual fund scheme offers a daily SIP option, as investors lack flexibility.<\/li>\n\n\n\n<li><strong>Cash Flow<\/strong>: Maintaining regular cash in one\u2019s bank account is difficult and makes it inconvenient for a retail investor who receives a salary as a major source of income.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-a-monthly-sip\"><span class=\"ez-toc-section\" id=\"What_is_a_Monthly_SIP\"><\/span>What is a Monthly SIP?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A monthly SIP is a systematic mode of investment in a mutual fund in which an investor invests a fixed amount every month in a scheme on a pre-defined date. It is one of the most common modes of SIP used by a retail investor. The units are allotted based on the applicable date of the NAV on which the SIP is deducted.&nbsp;<\/p>\n\n\n\n<p><strong>Read Also:<\/strong> <a href=\"https:\/\/www.pocketful.in\/blog\/mutual-funds\/sip-vs-lump-sum\/\">SIP vs Lump Sum: Which is Better?<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-benefits-of-monthly-sip\"><span class=\"ez-toc-section\" id=\"Benefits_of_Monthly_SIP\"><\/span>Benefits of Monthly SIP<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The key benefits of monthly SIP are as follows:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Easy to Manage:<\/strong> As the SIP is deducted only once a month, therefore for a retail investor to manage and track the SIP investment.<\/li>\n\n\n\n<li><strong>Acceptance<\/strong>: Monthly SIPs are offered by all the asset management companies; hence, offering a wide range of choices to select from schemes.<\/li>\n\n\n\n<li><strong>Flexibility<\/strong>: Monthly SIPs can be paused, stopped or increased at any point in time depending upon the investor\u2019s need.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-disadvantages-of-monthly-sip\"><span class=\"ez-toc-section\" id=\"Disadvantages_of_Monthly_SIP\"><\/span>Disadvantages of Monthly SIP<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The disadvantages of a monthly SIP are as follows:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Less Effective: <\/strong>In case of a highly volatile market, the monthly SIPs are less effective as they do not capture the NAV movements.<\/li>\n\n\n\n<li><strong>Opportunity:<\/strong> Monthly SIPs can miss the opportunity to buy more units in case of a market correction.\u00a0<\/li>\n\n\n\n<li><strong>Active Investors: <\/strong>Investors who seek active averaging or do not want to miss any opportunity related to any market correction can consider a daily SIP instead of a monthly SIP.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-difference-between-daily-and-monthly-sip\"><span class=\"ez-toc-section\" id=\"Difference_between_Daily_and_Monthly_SIP\"><\/span>Difference between Daily and Monthly SIP<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The key differences between daily and monthly SIP are as follows:<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th>Particular<\/th><th>Daily SIP<\/th><th>Monthly SIP<\/th><\/tr><\/thead><tbody><tr><td><strong>Frequency<\/strong><\/td><td>It is deducted on every trading session of a month.<\/td><td>Monthly SIPs are deducted only once a month.<\/td><\/tr><tr><td><strong>Market Timing<\/strong><\/td><td>Daily SIPs can time the market in a better manner.<\/td><td>Monthly SIPs time the market less efficiently.<\/td><\/tr><tr><td><strong>Convenience<\/strong><\/td><td>It is less convenient.<\/td><td>Monthly SIPs are very convenient.<\/td><\/tr><tr><td><strong>Tracking<\/strong><\/td><td>It is difficult to track daily SIP.<\/td><td>Comparatively, it is very simple to track a monthly SIP.<\/td><\/tr><tr><td><strong>Availability<\/strong><\/td><td>Daily SIPs have limited availability across fund houses.<\/td><td>Monthly SIPs are widely available and are offered in every mutual fund scheme.<\/td><\/tr><tr><td><strong>Rupee Cost Averaging<\/strong><\/td><td>It offers a higher benefit of rupee cost averaging.<\/td><td>It offers slightly less benefit of rupee cost averaging than daily SIPs.<\/td><\/tr><tr><td><strong>Allotment of NAV<\/strong><\/td><td>NAVs are allotted daily.<\/td><td>In a monthly SIP, NAVs are allotted once a month.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-best-mutual-funds-for-sip\"><span class=\"ez-toc-section\" id=\"Best_Mutual_Funds_for_SIP\"><\/span>Best Mutual Funds for SIP<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th>Funds<\/th><th>Expense Ratio (%)<\/th><th>AUM (Cr)<\/th><th>1 Yr Ret (%)<\/th><th>3 Yr Ret (%)<\/th><th>5 Yr Ret (%)<\/th><th>Latest NAV<\/th><th>52-Week High NAV<\/th><th>52-Week Low NAV<\/th><th>Exit Load (Period)<\/th><th>Minimum SIP Amount (INR)<\/th><\/tr><\/thead><tbody><tr><td>HSBC Global Emerging Markets Fund<\/td><td>1.55<\/td><td>306<\/td><td>40.84<\/td><td>17.03<\/td><td>6.01<\/td><td>25.98<\/td><td>26.05<\/td><td>17.44<\/td><td>1.00 (365)<\/td><td>1000<\/td><\/tr><tr><td>Franklin Asian Equity Fund &#8211; Regular Plan<\/td><td>2.54<\/td><td>297<\/td><td>22.57<\/td><td>12.2<\/td><td>3.1<\/td><td>35.32<\/td><td>35.66<\/td><td>25.9<\/td><td>1.00 (365)<\/td><td>500<\/td><\/tr><tr><td>Quant BFSI Fund &#8211; Regular Plan<\/td><td>2.32<\/td><td>729<\/td><td>22.16<\/td><td>&#8212;<\/td><td>&#8212;<\/td><td>19.27<\/td><td>19.27<\/td><td>13.77<\/td><td>1.00 (15)<\/td><td>1000<\/td><\/tr><tr><td>ICICI Prudential Nifty Auto Index Fund<\/td><td>0.94<\/td><td>176<\/td><td>21.08<\/td><td>30.24<\/td><td>&#8212;<\/td><td>21.88<\/td><td>22.09<\/td><td>15.61<\/td><td>&#8212;<\/td><td>1000<\/td><\/tr><tr><td>Tata Nifty Auto Index Fund &#8211; Regular Plan<\/td><td>1.11<\/td><td>102<\/td><td>20.77<\/td><td>&#8212;<\/td><td>&#8212;<\/td><td>12.44<\/td><td>12.56<\/td><td>8.89<\/td><td>0.25 (15)<\/td><td>100<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">(As of 26th December 2025)<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-which-one-is-better\"><span class=\"ez-toc-section\" id=\"Which_one_is_better\"><\/span>Which one is better?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Investors who want consistent investment in the market without worrying about the daily bank balance can consider a daily SIP as an investment mode. On the other hand, those who want simplicity and convenience in investing can opt for a monthly SIP. Both of them offer rupee cost averaging benefits and are suitable for long-term wealth creation.&nbsp;<\/p>\n\n\n\n<p><strong>Read Also:<\/strong> <a href=\"https:\/\/www.pocketful.in\/blog\/sip-in-stocks-vs-sip-in-mutual-funds\/\">SIP in Stocks vs SIP in Mutual funds?<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In conclusion, both daily and monthly SIPs are crucial tools for creating wealth in the long run. Daily SIPs are comparatively better than monthly SIPs in terms of rupee cost averaging, as investments are made more frequently. However, for a retail salaried individual, monthly SIPs are a better option, as they are easy to manage and straightforward. However, both of them are suitable only if the investments are made in a disciplined manner. Also, it is advisable to consult your investment advisor before investing.<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">S.NO.<\/th><th class=\"has-text-align-left\" data-align=\"left\">Check Out These Interesting Posts You Might Enjoy!<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">1<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/mahindra-mahindra-vs-tata-motors\/\">Mahindra &amp; Mahindra vs Tata Motors: Which is Better?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">2<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/bank-of-baroda-vs-sbi-bank\/\">Bank of Baroda vs SBI Bank: Which is Better?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">3<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/pnb-vs-bank-of-baroda\/\">PNB Vs Bank of Baroda: Which is Better?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">4<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/mrf-vs-apollo-tyres\/\">MRF vs Apollo Tyres: Which is Better?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">5<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/bank-of-baroda-vs-canara-bank\/\">Bank of Baroda Vs Canara Bank: Which is Better?<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions-faqs\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\">Which is better daily or a monthly SIP?<\/h3><p class=\"saswp-faq-answer-text\">Over a longer period of time, the difference in returns of daily and monthly SIPs is negligible. Hence, anyone can choose between them depending on their needs.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Do all funds offer daily SIP?<\/h3><p class=\"saswp-faq-answer-text\">No, not all mutual fund schemes offer daily SIP. There are very few funds available in the market in which one can invest through a daily SIP.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Can I switch from a monthly SIP to a daily SIP?<\/h3><p class=\"saswp-faq-answer-text\">Yes, you can easily switch from a monthly SIP to a daily SIP by stopping the monthly SIP and starting a new daily SIP at any time.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What is a daily SIP?<\/h3><p class=\"saswp-faq-answer-text\">Daily SIP is a mode of investment in a mutual fund in which a fixed amount of money is deducted from the investor&#8217;s bank account daily or on a trading day and invested in the designated scheme or fund.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Are there any extra charges for a daily SIP?<\/h3><p class=\"saswp-faq-answer-text\">No, there are no additional charges for any daily SIP. The fund expense ratio remains the same for both monthly and daily SIP.<\/p><\/ul><\/div>","protected":false},"excerpt":{"rendered":"<p>Mutual funds as an investment option are gaining popularity because of their simplicity in creating wealth in the long run. There are two ways of investing in a mutual fund: lump sum and SIP. However, investors often get confused between a daily and a monthly SIP. In today\u2019s blog post, we will give you an [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":23914,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[19],"tags":[],"class_list":["post-23736","mutual-funds","type-mutual-funds","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"acf":{"freelancer":"Harjyot"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily SIP vs Monthly SIP: Which SIP is Better?<\/title>\n<meta name=\"description\" content=\"Between daily SIP and monthly SIP? 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