Yashas Khoday
·Co-Founder & CPO, FYERS

More Control Over SIPs in Mutual Funds

SIPs are where most long-term investing begins. Once set up, they run quietly in the background. But life does not stay constant. Salaries change, EMIs pile up, and big expenses do not always come with a warning. And when that happens, most people cancel the SIP entirely.

We wanted to give you more flexibility in between.

You can now modify, pause, skip, and step up your SIPs on FYERS, without cancelling them.

Modify Your SIP 

Change your SIP amount, date, or bank account without stopping it. The same SIP continues with the updated details.

Your income has gone up and you want to invest more. You were putting in ₹5,000 a month and want to move to ₹8,000. Modify the amount and the SIP continues uninterrupted.

Pause instalments

Stop instalments for a specific period or indefinitely. Set an end date and the SIP resumes automatically. Leave it open and you resume it manually when ready.

You have a few expensive months ahead and need to free up cash. Pause the SIP for that period and it restarts automatically once it is over.

Skip instalment

If you need a one-time break without affecting future instalments, you can skip a single instalment and the SIP continues from the next cycle.

A large expense comes up this month. Skip that one instalment and your SIP is back on track from the next month.

Step Up Your SIP Over Time 

Set your SIP to increase by a fixed amount at regular intervals, so you do not have to adjust it manually each time.

You are investing ₹10,000 a month and want to increase it as your income grows. Set a step-up of ₹1,000 every year and it happens automatically. By year three, you are investing ₹13,000 a month without having to think about it.

Each of these options solves a slightly different problem, but the intent is the same. Keep the investing habit intact while allowing it to adapt.

For step by step guide, kindly refer to this section of the support portal.

Try now

All of these are available on your existing mutual fund SIPs on FYERS. Open FYERS App or Web, go to Orders, and you will find these options on any active SIP. Once set, everything runs on the schedule you defined. You can review or update the settings anytime.

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