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Module 02 of 06 • Investor Confidence Program
Getting Started: SIPs, Fund Types & How to Choose Wisely
Move from “why mutual funds?” to the practical first steps: SIPs, rupee-cost averaging, fund categories and matching an investment to your own goals.
Learning map
What this module covers
- Why starting small and staying regular can be more important than starting with a large amount.
- How a Systematic Investment Plan creates a recurring investing habit.
- How rupee-cost averaging changes the number of units bought as markets move.
- The broad roles of equity, debt and hybrid funds.
- How goal, time horizon and risk appetite help narrow the right fund category.
- Practical starting steps: emergency savings, high-interest debt, KYC, platform choice and monitoring.
Core ideas
Carry these forward
SIPs are designed around consistency rather than predicting the market.
Equity, debt and hybrid funds serve different needs and time horizons.
A fund should fit the investor — not the other way around.
The script recommends keeping an emergency reserve and addressing high-interest debt before beginning long-term SIPs.
Module Quiz • 10 Questions
Check your understanding.
Each correct answer is worth 10 points. Score 70/100 or above to earn this module's Investor Confidence Badge.
0/10 answered
01
What does “SIP” stand for?
02
The main advantage of an SIP is:
03
Rupee-Cost Averaging helps investors because it:
04
Which type of mutual fund primarily invests in company shares?
05
A Debt Fund is best suited for:
06
A Hybrid Fund does what?
07
Before starting to invest, an individual should first:
08
When selecting a mutual fund, you should focus on:
09
The document that gives detailed information about a mutual fund scheme is called:
10
What does the “Risk-ometer” on a mutual fund indicate?
Answer all 10 questions to submit.
Pilot certificate criterion: quiz score of 70/100 or above. Video watch time is not currently required.