Published Jun 25, 2026 4 Min Read

Introduction

When comparing a perpetual SIP vs fixed-tenure SIP, the main difference is the SIP tenure. A perpetual SIP continues until you stop it, while a fixed-tenure SIP ends automatically on a selected date. Your choice depends on your financial goals, investment duration, and flexibility needs.

  • Perpetual SIP: No SIP end date is set at the time of registration.
  • Fixed-tenure SIP: Stops automatically after the chosen duration is completed.
  • Minimum SIP amount: Rs. 100 per month on the Bajaj Broking website.
  • Investment choices: Access 4,000+ mutual fund schemes across equity, debt, hybrid, ELSS, thematic funds, and NFOs.
  • Investment modes: Both SIP and lumpsum options are available for most schemes.
  • KYC requirement: Completing KYC is mandatory before investing as per SEBI regulations.

You can start your mutual fund investment journey on the Bajaj Broking website, complete KYC online, explore 4,000+ schemes, and begin a SIP from Rs. 100 per month.

What is a perpetual SIP?

A perpetual SIP is a systematic investment plan that does not have a predefined SIP end date. Your investments continue at regular intervals until you choose to stop, pause, or modify the SIP.

This option is often used for long-term goals such as retirement planning or wealth creation. Since there is no fixed tenure, you do not need to renew the SIP after a specific period.

Key features of a perpetual SIP

FeatureDetails
SIP tenureNo end date
Renewal requirementNot required
FlexibilityHigh
Suitable forLong-term goals

A perpetual SIP can help you stay invested through different market cycles. However, mutual fund returns remain market-linked and are not guaranteed.

What is a fixed-tenure SIP?

A fixed-tenure SIP is a SIP where you select the investment duration at the time of registration. The SIP automatically stops after the chosen tenure is completed.

This type of SIP can be useful when you are investing for a specific goal with a defined timeline, such as funding higher education, a wedding, or a major purchase.

Key features of a fixed-tenure SIP

FeatureDetails
SIP tenurePredefined
End dateFixed
Renewal requirementMay be required after maturity
Suitable forGoal-based investing

You can choose the SIP tenure based on your financial objective and investment horizon.

Perpetual SIP vs fixed-tenure SIP: Key differences

The choice between a perpetual SIP and a fixed-tenure SIP mainly depends on flexibility and investment duration.

FeaturePerpetual SIPFixed-tenure SIP
SIP end dateNo end dateFixed end date
DurationContinues until stoppedStops automatically
FlexibilityHigherLower
Renewal neededNoYes, if you want to continue investing
Suitable forLong-term wealth creationSpecific financial goals
Monitoring requirementPeriodic reviewReview at maturity

A perpetual SIP may suit investors who want continuous investing without worrying about renewals. A fixed-tenure SIP may suit those who want their investment duration aligned with a specific target date.

Remember that the underlying mutual fund's risk depends on its category. SEBI requires all schemes to display a riskometer ranging from Low, Low to Moderate, Moderate, Moderately High, High, and Very High.

Which SIP should you choose?

The right SIP tenure depends on your financial objective, time horizon, and investment discipline.

You may consider a perpetual SIP if:

  • You are investing for retirement.
  • You want long-term wealth creation.
  • You prefer flexibility.
  • You do not want to renew SIPs periodically.

You may consider a fixed-tenure SIP if:

  • You have a defined financial goal.
  • You know exactly when you need the money.
  • You want the SIP to stop automatically.
  • You prefer a structured investment timeline.

Before investing, review the fund category, riskometer level, investment horizon, and your financial goals. The Bajaj Broking website provides access to equity, debt, hybrid, ELSS, thematic funds, and NFOs, along with tools such as Dashboard, Portfolio, Orders, and MF Profile for tracking investments.

Conclusion

The perpetual SIP vs fixed-tenure SIP decision depends on how you plan your investments. A perpetual SIP offers ongoing investing without a SIP end date, while a fixed-tenure SIP provides a predefined investment duration that ends automatically.

If your goals are long term and open-ended, a perpetual SIP may offer greater flexibility. If you have a specific financial target with a known timeline, a fixed-tenure SIP may be more suitable. You can explore 4,000+ mutual fund schemes on the Bajaj Broking website and start a SIP from Rs. 100 per month after completing KYC.

Frequently asked questions

What is a perpetual SIP?

A perpetual SIP is a systematic investment plan without a predefined SIP end date. Your investments continue automatically until you choose to stop or modify them. When comparing a perpetual SIP vs fixed-tenure SIP, the key difference is that a perpetual SIP remains active indefinitely. On the Bajaj Broking website, you can start SIP investments from Rs. 100 per month after completing KYC.

What is the difference between a perpetual and fixed-tenure SIP?

The main difference is the SIP tenure. A perpetual SIP has no fixed end date and continues until you stop it. A fixed-tenure SIP ends automatically after a selected duration. Your choice depends on whether you need flexibility for long-term investing or a defined investment period for a specific goal. The Bajaj Broking website offers access to 4,000+ mutual fund schemes across multiple categories.

How do I stop a perpetual SIP?

You can stop a perpetual SIP by submitting a cancellation request through your investment platform. The exact process may vary depending on the platform and fund house. Before stopping a SIP, review your financial goals and investment needs. On the Bajaj Broking website, you can monitor your investments through Dashboard, Portfolio, Orders, and MF Profile tools before making changes to your SIP.

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Disclaimer

Bajaj Finance Limited (“BFL”) is an NBFC offering loans, deposits and third-party wealth management products.

The information contained in this article is for general informational purposes only and does not constitute any financial advice. The content herein has been prepared by BFL on the basis of publicly available information, internal sources and other third-party sources believed to be reliable. However, BFL cannot guarantee the accuracy of such information, assure its completeness, or warrant such information will not be changed.

This information should not be relied upon as the sole basis for any investment decisions. Hence, User is advised to independently exercise diligence by verifying complete information, including by consulting independent financial experts, if any, and the investor shall be the sole owner of the decision taken, if any, about suitability of the same.

Disclaimer

Bajaj Finance Limited ("BFL") is registered with the Association of Mutual Funds in India ("AMFI") as a distributor of third party Mutual Funds (shortly referred as 'Mutual Funds) with ARN No. 90319

BFL does NOT:

(i) provide investment advisory services in any manner or form.

(ii) carry customized/personalized suitability assessment.

(iii) carry independent research or analysis, including on any Mutual Fund schemes or other investments; and provide any guarantee of return on investment.

In addition to displaying the Mutual fund products of Asset Management Companies, some general information is sourced from third parties, is also displayed on As-is basis, which should NOT be construed as any solicitation or attempt to effect transactions in securities or the rendering any investment advice. Mutual Funds are subject to market risks, including loss of principal amount and Investor should read all Scheme/Offer related documents carefully. The NAV of units issued under the Schemes of mutual funds can go up or down depending on the factors and forces affecting capital markets and may also be affected by changes in the general level of interest rates. The NAV of the units issued under the scheme may be affected, inter-alia by changes in the interest rates, trading volumes, settlement periods, transfer procedures and performance of individual securities forming part of the Mutual Fund. The NAV will inter-alia be exposed to Price/Interest Rate Risk and Credit Risk. Past performance of any scheme of the Mutual fund do not indicate the future performance of the Schemes of the Mutual Fund. BFL shall not be responsible or liable for any loss or shortfall incurred by the investors. There may be other/better alternatives to the investment avenues displayed by BFL. Hence, the final investment decision shall at all times exclusively remain with the investor alone and BFL shall not be liable or responsible for any consequences thereof.

Investment by a person residing outside the territorial jurisdiction of India is not acceptable nor permitted.

Disclaimer on Risk-O-Meter:

Investors are advised before investing to evaluate a scheme not only on the basis of the Product labeling (including the Riskometer) but also on other quantitative and qualitative factors such as performance, portfolio, fund managers, asset manager, etc, and shall also consult their Professional advisors, if they are unsure about the suitability of the scheme before investing.


Disclosure
: Bajaj Finance Limited (BFL) is a distributor of Mutual Funds with ARN - 90319 and distributes mutual funds of Bajaj Finserv Asset Management Limited (BFSAMC). BFL receives commission towards distribution of mutual fund products. BFSAMC is a group company of BFL, carrying business on arm’s length basis without any conflict of interest and in accordance with the prevailing law / regulation.