Well, you must have seen many videos on SIP on the internet that we can become rich by doing SIP.If someone would have started SIP of 5000 rupees 25 years ago then he would have become a millionaire today.But the thing is, ultimately what is the step by step process?How do we do SIP?Now we are in a how to series.No matter how much a beginner is, this how to series can be very useful for him.Because people get confused in many steps.And how to series means that we will do it, we will not just tell.We will tell you the process, we will show you the process that how things are done.So a small thing like SIP which is a systematic investment plan, how is it done and how to become rich from it.Okay, so first of all you need a Demat account.You all must have a Demat account already.If not, then you will get the links in the description and pinned comment through which you can go for free and open a Demat account and can invest in the stock market or SIP.Now when you will log in to Demat account, if you will do it on the computer, then you will see a screen like this.If you will do it on the phone, then the editor will show you the screen.Now if you are on the computer, then you have to click on more and click on mutual funds.Similarly, the editor will show you the process that how you have to go to the mutual fund page if you log in on the mobile app.So when you will open the screen of mutual fund, then your mutual fund screen will open like this.Now here there is no chart, no candlesticks.Here typically we are talking about mutual funds.Now we are talking about mutual funds in SIP.And after this, step by step, because this is a series, so you will get many videos.Which mutual fund is good for you?If you want to do passive investing, then which mutual fund is good for you?So there are many basic questions.But you will get amazing answers to these basic questions.Now what is the first thing you are seeing above?Truth about investing.Like I just told you that you started SIP of 5,000 rupees a month 25 years ago, so today you are a millionaire.Now this is a fact.Similarly, not investing is risky.There are articles on this, you can read.Now it is important to read the articles here because it increases your knowledge.Now let’s move ahead.Now when you want to do SIP, which mutual fund you want to do SIP in, this is a different topic.You will get a video very soon on which mutual fund you want to do SIP.But how to do SIP, today’s video is on that.So now we will talk about Nifty 50 index funds.We will understand passive investing separately.If you are investing according to Nifty 50, then how to invest, let’s understand.So here you are seeing the funds of Nifty 50.Now all these funds invest in Nifty.Means these are index funds, that is your passive investing.Here you can see how many returns these funds have given in 3 years.For example, this fund has given 14.4%, 14.37%.Here is the expense ratio.Whenever you are doing SIP, most of the people only see this that how many returns this fund has given.People forget to see this, that how much is the expense ratio.For example, the one which is coming on the screen, UTI Nifty 50 index fund has 0.18% expense ratio.And here is the example of HDFC index fund, it has 0.2%.So when you are investing in index funds, the expense ratio is less.But the less the better.Now what is the tracking error?Tracking error means that your mutual fund is investing in a bunch of stocks.Now if it is investing according to Nifty, then how much error is there?If the error is less, then it is good.And what is the fund size of this mutual fund?So the fund size is big.So all these four things become suitable for you.Now for example, the expense ratio of ICICI Prudential is seen here.So let’s click on it.Now when we click on it, then here you can see the performance of this fund vs FD.FD had given stable returns, but this fund had given very good returns.Now one more thing is exit load.Here you can see that exit load is 0, which is a very positive thing.Exit load means if you sell your funds before a certain duration, then is there any charge on it?There is no charge here.Now we are going to understand how to do SIP.At the top, you can see a button called SIP (Systematic Investment Plan).You have to click on it.It will ask you if you want to do monthly investment.Yes, you have to do monthly investment.Next, you select a date.You can choose any date which you feel suitable.After this, you will read here that there is no lock-in period.After this, it comes that how much amount of SIP you want to do.You can start SIP from Rs. 500, Rs. 2000, Rs. 5000 or Rs. 20000 per month.After this, you can read the cut-off timing.As soon as you continue, your SIP will start.On final step, you can pay through UPI or Net Banking.Your first installment will be deducted and your SIP has started.After this, on the selected date every month, your money will be deducted and invested.You can track everything in mutual fund portfolio.Your investment, current value, return, profit and loss will be visible clearly.So this is a very simple way through which you can start investing in the stock market.Because we have talked about index fund, this is called passive investing.You can start SIP even with 500 rupees per month.Not investing is risky.