SIP and One-Time Investment - Upstox Help Center

SIP and One-Time Investment

Bank mandate to invest in SIP (Auto-Debit)

It is absolutely compulsory to complete the mandate approval process in order to successfully start the SIP.  There are 2 kinds of mandates on the Upsto...
Thu, 21 Jul, 2022 at 7:52 PM

What is SIP? How do you set up SIP instalments/Auto-debit?

A Systematic Investment Plan (SIP) is a way to invest small amounts in a Mutual Fund of your choice regularly (weekly, monthly, quarterly, or twice a year)....
Fri, 20 May, 2022 at 11:14 AM

Mutual Fund Order Status

A. Mutual Fund (MF) Order There are two types of order in MF i.e. Buy order and/or Sell order Buy order comprises of two types - SIP and Lumpsum  Sell or...
Mon, 29 Aug, 2022 at 5:09 PM

How to place a SIP order in mutual funds?

We have updated the app to give you a better experience If you’re using an older version of the Upstox app, read this. If you’re using the updated versio...
Tue, 20 Sep, 2022 at 2:07 PM

How much time does it take to process bank mandate?

Offline/X-Mandate The signed bank mandate will be verified by the Upstox team and sent to BSE, who will then send it to your respective bank for registrati...
Fri, 15 Jul, 2022 at 4:11 PM

Monthly payments for SIPs

You can set up an auto-debit with your bank account and set up monthly payments via the same. Henceforth for the first instalment of the SIP, the funds will...
Thu, 30 Jun, 2022 at 3:04 PM

Can I change the SIP date or frequency?

An active SIP cannot be modified. You will have to cancel an existing SIP and place a new order for a new SIP. The date and duration of the SIP can only be ...
Thu, 21 Jul, 2022 at 7:43 PM

Enough balance in Upstox MF account

You do not need to maintain a minimum balance in your Upstox account after you have purchased a SIP for the first time.  For an ongoing SIP, each installm...
Tue, 14 Sep, 2021 at 10:37 AM

What does it mean when my Mutual Fund buy order is in "Awaiting payment confirmation" state?

With the new SEBI regulation getting in effect from 1st July 2022, the payment of mutual fund buy transactions will happen directly via users' bank acc...
Thu, 30 Jun, 2022 at 11:45 AM

What is the cost of registering a bank mandate?

Upstox does not charge you for the one-time bank mandate. Your bank, however, may ask you for a one-time fee in order for them to register your Upstox accou...
Fri, 15 Jul, 2022 at 4:12 PM