in mutual fund SIP minimum investment 5000 were installment is 1000 is it normal
That's a great question. Yes, it's totally normal for mutual funds to have different minimum investment amounts. Some funds have a higher minimum because they're focused on things like less common investments or have higher fees. For your specific situation, it sounds like the mutual fund you're looking at has a minimum initial investment of 5000 rupees, but after that, you can start your regular SIP installments at just 1000 rupees.
Oh, also, just so you're aware: I'm not a financial advisor, so please don't rely on me for financial advice
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