Digital wallet company Paytm has launched the "Paytm Money" app for mutual fund investments. The platform allows systematic investment plans (SIPs) starting at what minimum amount per month?

Introduction / Context:
With the growth of fintech in India, several digital platforms now allow small investors to invest in mutual funds through systematic investment plans (SIPs). Paytm Money is one such app developed by the Paytm group, aimed at making mutual fund investing simple and affordable. A key selling point of such platforms is the very low minimum amount required to start investing. This question tests your knowledge of the minimum monthly SIP amount allowed on Paytm Money when it was introduced.

Given Data / Assumptions:

• The platform mentioned is "Paytm Money", a mutual fund investment app by Paytm.
• The question asks about the minimum SIP amount per month.
• Options list Rs 50, Rs 100, Rs 500, and Rs 1,000.
• We assume familiarity with basic fintech and personal finance news.

Concept / Approach:
Paytm Money aimed to attract first time and small investors by allowing them to start SIPs with a very low contribution. At launch, it highlighted that investors could start SIPs with as little as Rs 100 per month. This feature distinguished it from traditional channels where minimums were often higher. Rs 50 per month is even lower than the advertised threshold, and Rs 500 or Rs 1,000 per month are more typical of older minimum requirements, not the special low entry point that Paytm Money emphasized. Thus, the correct minimum monthly SIP amount in the context of this question is Rs 100.

Step-by-Step Solution:

Verification / Alternative check:
When revising for exams, you may recall headlines that read along the lines of "Paytm Money allows SIPs from Rs 100 per month." Such headlines are designed to emphasise the low barrier to entry and therefore are easy to remember. Cross check that Rs 500 and Rs 1,000 are older conventional minimums in many schemes and that Paytm Money's differentiator was going below those, settling at Rs 100. This helps verify the correct answer.

Why Other Options Are Wrong:

• Rs 50 per month: Although theoretically possible in some contexts, this figure is not the commonly advertised minimum for SIPs on Paytm Money and does not match the key marketing message.
• Rs 500 per month: This is a traditional minimum in many mutual fund SIPs but does not reflect the special low entry feature of Paytm Money.
• Rs 1,000 per month: Represents an even higher threshold and contradicts the core idea of small ticket investing encouraged by Paytm Money.

Common Pitfalls:
The main pitfall is guessing a rounded higher amount like Rs 500 or Rs 1,000 because they seem more conventional, ignoring the specific low barrier strategy of fintech apps. Another mistake is to assume an unrealistically low number like Rs 50 without recalling what was actually promoted in the news. Being attentive to such details in financial awareness topics and connecting them with the business model of fintech platforms helps avoid errors.

Final Answer:
The Paytm Money platform allows SIP investments starting at a minimum of Rs 100 per month.