Can I customize the dates for the SIP?

Yes, we provide you the flexibility to select the SIP date as per your requirement. To set your SIP date, simply follow the intuitive options provided, exemplified in the image below:

Note: Keep in mind that once your SIP date is finalized, you won't be able to change it for the SIP's entire duration. Ensure you select a date that aligns with your long-term financial strategy.

• Related Articles

• Why are some mutual funds restricted to SIP or one-time investments only?

  This is not a technical issue—it's usually a decision made by the fund’s Asset Management Company (AMC) or the stock exchange to manage risk and ensure better fund performance. Let’s break down the reasons and what you can do if one option isn't ...

• How to invest in SIPs or a lump sum?

  Investing in any direct mutual fund scheme through Fyers Direct is extremely simple. If you have a Trading and Demat account with Fyers, make sure the BSE-MF segment is active. The procedure to invest in mutual funds is as follows: Investing via SIP ...

• When is NAV applied for mutual fund orders on Fyers Direct?

  On Fyers Direct, the Net Asset Value (NAV) is applied based on when your payment reaches ICCL (Indian Clearing Corporation Limited), not when you place the order. This means even if you place an order early, the NAV depends on when funds are actually ...

• How can I track the status of my Bank Mandate with FYERS?

  Setting up a bank mandate is essential for enabling automatic SIP payments in mutual funds. Once you’ve submitted a mandate request via FYERS, it’s natural to want to track its approval status. Here's how you can stay updated and what each status ...

• What is an options spread and what are the types of spreads?

  An options spread is a strategy that involves taking multiple positions on options contracts, typically by buying and selling options of the same underlying security but with different strike prices and/or expiration dates. The main types of spreads ...