Starting a mutual fund SIP can be difficult when you have to choose from many fund names, categories, and options. Alice Blue’s 1-Click Basket makes the process simpler by grouping multiple mutual funds into one basket.
You choose a basket based on your planned investment period, enter your SIP amount, and the amount is automatically divided across the funds included in that basket.
1-Click Basket is available under the Mutual Fund section of the Alice Blue app. It allows you to start one SIP across multiple mutual fund schemes without setting up separate SIPs for each fund.
Each basket has:
Your SIP is divided automatically according to the allocation shown in the basket. The fund mix and allocation remain the same during the selected tenure. There is no reshuffle or replacement of funds during this period.
For instance, if a basket has a 40%, 40%, and 20% allocation, a Rs 1,000 monthly SIP is divided as Rs 400, Rs 400, and Rs 200 across the three funds.
Basket | Investment period | Minimum SIP | Funds in the basket | Fund categories |
Short Term Basket | 3 years | Rs 500 | 3 funds | Large-cap mutual funds |
Mid Term Basket | 5 years | Rs 1,000 | 4 funds | Large-cap and mid-cap mutual funds |
Long Term Basket | 10 years | Rs 1,000 | 4 funds | Mid-cap mutual funds |
The baskets are designed to help investors spread their SIP across multiple schemes. However, selecting a basket should depend on your own investment objective, time horizon, financial situation, and risk appetite.
Mutual fund schemes can invest in companies of different sizes. In India, companies are classified by market capitalisation. Large-cap companies are within the top 100 companies by market capitalisation. Mid-cap companies are ranked from 101 to 250, while small-cap companies are ranked 251 onwards. sebi.gov+1
The Alice Blue 1-Click Baskets use large-cap and mid-cap fund categories in different combinations. This gives each basket a different structure rather than using the same category across all investment periods.
Fund category | Simple meaning | Included in which basket? |
Large-cap funds | These funds mainly invest in relatively large, established listed companies. | Short Term Basket and Mid Term Basket |
Mid-cap funds | These funds mainly invest in companies ranked below large-cap companies by market capitalisation. Their value can move sharply when market conditions change. | Mid Term Basket and Long Term Basket |
Small-cap funds | These funds invest in smaller listed companies and can also see sharp market movements. | Not part of the current 1-Click Baskets |
For example, if you start a Rs 1,500 monthly SIP in the Short Term Basket, the entire amount is divided among three large-cap mutual fund schemes. You get exposure to multiple schemes through one SIP instead of putting the complete amount into a single fund.
Large-cap funds are equity mutual funds. Their value may rise or fall with market movements, and there is no assurance of returns or protection of the invested amount.
For example, if you start a Rs 2,000 SIP in the Mid Term Basket, it is distributed between one large-cap fund and three mid-cap funds based on the allocation displayed in the app. You do not have to calculate the split or create four different SIPs.
Mid-cap fund values can move sharply during market ups and downs. A longer investment tenure does not remove market risk, guarantee returns, or make a basket suitable for every investor.
The Short Term Basket includes three large-cap mutual funds. You can start with a monthly SIP of Rs 500. The SIP amount is divided in a fixed 40%, 40%, and 20% split among the three funds.
Suppose you choose a Rs 1,500 monthly SIP:
Fund | Allocation | Monthly SIP amount |
Large-cap Fund 1 | 40% | Rs 600 |
Large-cap Fund 2 | 40% | Rs 600 |
Large-cap Fund 3 | 20% | Rs 300 |
This same split continues for every monthly SIP instalment over the selected 3-year tenure.
This basket can be explored by someone planning to invest for around three years and looking to use one SIP to invest across multiple large-cap schemes.
The Mid Term Basket includes four mutual funds from large-cap and mid-cap categories. You can begin with a monthly SIP of Rs 1,000.
The fixed allocation is:
Fund | Category | Allocation |
Fund 1 | Large-cap growth fund | 14% |
Fund 2 | Mid-cap regular fund | 16% |
Fund 3 | Mid-cap growth fund | 15% |
Fund 4 | Mid-cap regular fund | 55% |
If you start a Rs 2,000 monthly SIP, it is divided as follows:
Fund | Allocation | Monthly SIP amount |
Fund 1 | 14% | Rs 280 |
Fund 2 | 16% | Rs 320 |
Fund 3 | 15% | Rs 300 |
Fund 4 | 55% | Rs 1,100 |
The allocation remains fixed for the 5-year tenure. You do not need to create four separate SIPs or calculate the split each month.
The Long Term Basket includes four mid-cap mutual funds. The minimum monthly SIP is Rs 1,000, and the basket is set for a 10-year investment period.
The allocation is:
Fund | Category | Allocation |
Fund 1 | Mid-cap growth fund | 14% |
Fund 2 | Mid-cap regular fund | 16% |
Fund 3 | Mid-cap growth fund | 15% |
Fund 4 | Mid-cap regular fund | 55% |
If you start a Rs 3,000 monthly SIP, it is split this way:
Fund | Allocation | Monthly SIP amount |
Fund 1 | 14% | Rs 420 |
Fund 2 | 16% | Rs 480 |
Fund 3 | 15% | Rs 450 |
Fund 4 | 55% | Rs 1,650 |
The same allocation is followed throughout the 10-year tenure.
Mutual Fund investments are subject to market risks. Read all scheme-related documents carefully.
Attention Investors!
Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from the depository on your email id and/or mobile number to create a pledge. Pay 20% upfront margin of the transaction early to trade in the cash market segment. Investors may please refer to the Exchange’s Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020, and NSE/INSP/45534 dated August 31, 2020, and other guidelines issued from time to time in this regard. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.
Corporate Office: No. 153/2, 3rd Floor, M.R.B.Arcade, Bagalur Main Road, Dwaraka Nagar, Yelahanka, Bengaluru – 560 063, Karnataka.
Registered Office: Old No.56/2 ,New No.58, LIC Nagar, Vinayagar Kovil Street, Erode -8,Tamil Nadu– 638002.
Alice Blue Financial Services (P) Ltd : NSE EQ | NSE FO | NSE CDS-90112 SEBI REG : INZ000156038
Alice Blue Financial Services (P) Ltd : BSE EQ | BSE FO | BSE CD-6670 SEBI REG : INZ000156038
Alice Blue Financial Services (P) Ltd : CDSL DP ID 12085300 DP SEBI REG : IN-DP-364-2018
Alice Blue Financial Services (P) Ltd : MCX-56710 SEBI REG : INZ000156038
We hereby declare that we are doing PRO trading
Procedure to file a complaint on SEBI SCORES : Register on SEBI SCORES 2.0. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances
Click on the provided link to learn about the process for submitting a complaint on the ODR platform for resolving investor grievances.
Investment in securities markets are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit.
For queries regarding account opening or activation, email to [email protected] and for fund updates, email to [email protected]
Disclaimer : Prevent unauthorized transactions in your account. Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day. Issued in the interest of investors. All clients have to update their email id and mobile number with Member : Investor Grievance [email protected]
KYC is a one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to an IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in the investor’s account.
Investors are requested to note that Alice Blue Financial Services Private Limited is permitted to receive money from investor through designated bank accounts only named as Up streaming Client Nodal Bank Account (USCNBA). Alice Blue Financial Services Private Limited is also required to disclose these USCNB accounts to Stock Exchange. Hence, you are requested to use following USCNB accounts only for the purpose of dealings in your trading account with us. The details of these USCNB accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stock Broker. Bank Details (Valid UPI FAQ).
