What is the story about?
PhonePe Wealth Broking on Thursday (December 11) announced the rollout of “Daily SIP,” a feature that allows users to invest as little as ₹10 per day in mutual funds through the PhonePe app. The option expands low-ticket, high-frequency investing for retail investors who prefer smaller, regular contributions rather than monthly instalments.
The launch comes at a time when systematic investment plans continue to draw strong participation. According to the Association of Mutual Funds in India (AMFI), monthly SIP inflows touched over ₹29,000 crore in October 2025, with a rising number of active accounts — 9.45 crore — indicating growing acceptance of disciplined investing.
Under the new feature, users can set up a daily SIP using UPI Autopay and choose from funds across categories such as equity, multi-asset and gold. The amount can be increased, decreased or stopped at any time. PhonePe Wealth said the feature is aimed at savers with variable or daily cash flows.
Nilesh D Naik, Head of Investment Products at Share.Market (PhonePe Wealth), said daily investments could help smooth out market fluctuations through rupee-cost averaging and encourage consistent saving habits.
How investors may use Daily SIPs
PhonePe Wealth Broking, incorporated in 2021, is registered as a stockbroker, depository participant and mutual fund distributor. Its investment platform Share.Market was launched in August 2023.
The launch comes at a time when systematic investment plans continue to draw strong participation. According to the Association of Mutual Funds in India (AMFI), monthly SIP inflows touched over ₹29,000 crore in October 2025, with a rising number of active accounts — 9.45 crore — indicating growing acceptance of disciplined investing.
Under the new feature, users can set up a daily SIP using UPI Autopay and choose from funds across categories such as equity, multi-asset and gold. The amount can be increased, decreased or stopped at any time. PhonePe Wealth said the feature is aimed at savers with variable or daily cash flows.
Nilesh D Naik, Head of Investment Products at Share.Market (PhonePe Wealth), said daily investments could help smooth out market fluctuations through rupee-cost averaging and encourage consistent saving habits.
How investors may use Daily SIPs
- Micro contributions: Investors who prefer small, frequent payments or have irregular income can spread contributions across days instead of committing to a larger monthly SIP.
- Budgeting tool: Daily SIPs may help individuals convert leftover daily savings into investments without waiting for month-end surpluses.
- Flexibility: The ability to stop or modify contributions allows investors to adjust based on short-term financial needs.
- Fund choice: Since the available options span equity, gold and multi-asset funds, investors can align their daily SIPs with risk tolerance and long-term goals.
PhonePe Wealth Broking, incorporated in 2021, is registered as a stockbroker, depository participant and mutual fund distributor. Its investment platform Share.Market was launched in August 2023.
