Here are the various statuses of SIP: -
- Active SIP - The status of SIP becomes ‘Active’ when the SIP is registered with the AMC on the T+1 day. Once it is registered, the status becomes ‘Active’ on the Upstox.
- Pending SIP - Pending order means that your SIP order will be sent to the exchange for processing at 1:30 pm on a trading day. If there is a holiday, the order will be moved to the next trading day.
- Paused SIP - This status means that you have paused your SIP for a specific period of time. These timelines can be 3/4/5/6 months.
- Stopped SIP - This means that you have stopped your SIP on DD/MM/YYYY and will stop all future instalments in that SIP.