How do I place an Equity SIP (Smart SIP) order in FYERS?

How do I place an Equity SIP (Smart SIP) order in FYERS?

A Smart Equity SIP (Systematic Investment Plan) lets you automate recurring stock purchases by quantity or amount at fixed intervals. You can add rules such as price ranges, step-ups, and expiry conditions for greater control. Smart Equity SIPs are available only in Delivery/Overnight and MTF modes—not in Intraday.

On FYERS App

  • Log in to the FYERS App and search for the stock.
  • Tap Buy on the symbol details screen.
  • Toggle Smart ON (top-right of the order panel).
  • Select product as Delivery/MTF.
  • Tap the SIP tab.
  • Enter Quantity or Amount.
  • Choose Frequency (e.g., Weekly/Monthly) and the SIP Date.
  • (Optional) Enable Execute the first SIP immediately to start now.
  • Tap Show advanced to set:
    • Price Range (Higher / Lower)
    • Step-up Frequency and Step-up Quantity
    • Expiry Condition (by Date or by Quantity)
  • Review funds, margin, and charges, then tap Buy to confirm.

On FYERS Web

  • Log in at fyers.in/web.
  • Search the stock and click Buy.
  • Toggle Smart ON in the order window.
  • Select product as Overnight/MTF.
  • Click the SIP tab (beside GTT, Step, etc.).
  • Enter Qty or Amount, then choose Frequency and SIP Date.
  • (Optional) Enable Execute the first SIP immediately.
  • Click Advanced to configure:
    • Price Range (Higher / Lower)
    • Step-up Frequency and Step-up Quantity
    • Expiry Condition (Date or Quantity)
  • Review charges and available funds, then click Buy to start the SIP.

On FYERS Trader (trade.fyers.in)

  • Open trade.fyers.in and log in.
  • From chart or right panel, click Buy.
  • Click on Smart tab and choose Smart Equity SIP.
  • Select product as Overnight/MTF.
  • Enter Quantity or Amount.
  • Select Frequency and SIP Date; optionally enable Execute the first SIP immediately.
  • Open Advanced to set:
    • Price Range (High/Low)
    • Step-up Frequency and Step-up Quantity
    • Expiry Condition (by Date or by Quantity)
  • Click Start to activate the SIP.
  • Manage SIPs from Smart Orders (top bar): Pause, Resume, or Modify whenever needed.

What if…

ScenarioWhat to check
SIP option not visibleEnsure product is Delivery/Overnight/MTF. SIPs are not available in Intraday.
First SIP didn’t executeEnable Execute the first SIP immediately; otherwise it begins on the next scheduled date.
SIP not triggeringCheck for exchange restrictions/suspensions on the stock and verify sufficient funds.
Advanced settings not savingConfirm all values (price band, step-up, expiry) are within valid ranges.
Need easier fundingUse the optional e-Mandate prompt to streamline payments for scheduled SIPs.
SIP orders are placed as Limit orders and are valid only for the scheduled SIP day. If unfilled, they lapse and do not carry forward.

Last updated: 05 Sep 2025

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