How can I create, manage, modify, or cancel SIPs on FYERS?

How Can I Create, Manage, Modify, or Cancel SIPs on FYERS?

FYERS allows you to create and manage Systematic Investment Plans (SIPs) seamlessly from both the App and Web platforms. You can track instalments, cancel or restart SIPs, and choose from AMC-supported dates and frequencies. Here’s how to perform each SIP action on FYERS.

Steps to Create a SIP

On FYERS App

  1. Log in to the FYERS App
  2. Tap Mutual funds from the menu
  3. Select a fund and tap SIP
  4. Enter SIP amount, frequency, and preferred date
  5. Select your bank account
  6. Complete e-mandate setup if prompted
  7. Tap Invest to confirm

On FYERS Web

  1. Log in at FYERS Web
  2. Click Mutual funds
  3. Choose a scheme and click SIP
  4. Enter the SIP details (amount, frequency, date)
  5. Select your bank and set up a mandate if needed
  6. Click Invest to place the SIP

Steps to Manage & View SIPs

On FYERS App

  1. Go to Orders > Mutual funds
  2. Tap Manage SIP
  3. Use the Ongoing tab to view active SIPs
  4. Use the Closed tab to see cancelled or completed SIPs

On FYERS Web

  1. Go to Orders > Mutual funds
  2. Click Manage SIP
  3. Access the Ongoing tab for active SIPs
  4. Use the Closed tab to track past SIPs

Steps to Cancel a SIP

On FYERS App

  1. Open Orders > Mutual funds > Manage SIP > Ongoing
  2. Find the SIP you want to cancel
  3. Tap Cancel SIP and confirm

On FYERS Web

  1. Navigate to Orders > Mutual funds > Manage SIP > Ongoing
  2. Click Cancel SIP next to the SIP
  3. Confirm cancellation

Steps to Restart a Closed SIP

On FYERS App

  1. Go to Orders > Mutual funds > Manage SIP > Closed
  2. Tap Restart SIP for the fund
  3. Enter new amount, frequency, and date
  4. Tap Confirm

On FYERS Web

  1. Go to Orders > Mutual funds > Manage SIP > Closed
  2. Click Restart SIP for the scheme
  3. Update the SIP details
  4. Confirm to reactivate

All SIPs on FYERS continue until cancelled. You can track, cancel, or restart them anytime from the Manage SIP tab without affecting your existing holdings.

What If...

ScenarioExplanation
You miss a SIP date due to a holidayThe SIP shifts to the next working day on BSE. No action is needed.
You want to change your SIP date or amountCancel the existing SIP and create a new one with updated details.
Your SIP is not visibleIt may be pending, cancelled, or failed. Check under the Manage SIP tab.
You want to set a limited SIP durationSIPs on FYERS run indefinitely. Use a reminder to cancel it after your goal period.
You see repeated SIP failuresEnsure your bank mandate is active and your account has enough balance a day prior.

Last updated: 12 Sep 2025

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