I have forgotten to allocate enough funds for my Mutual Fund SIP order. Is my order liable to be rejected?

I have forgotten to allocate enough funds for my Mutual Fund SIP order. Is my order liable to be rejected?

Yes, the order will get rejected if you do not have sufficient funds in your account. Hence it is important for you to maintain the required balance in your bank account.
    • Related Articles

    • How do I differentiate between Mutual Fund SIP orders and lump sum orders in the order book?

      Mutual Fund SIP orders and lump sum order book details are visible from 2 different reports. Through Mobile app: 1.Click->Menu->Invest 2. SIP orders can be tracked under the My SIPs section under Mutual Fund menu on the app, or under Portfolio >> ...
    • How client can cancel / stop Mutual Fund SIP?

      Client can cancel / stop Mutual Fund SIP, We request you to follow the below mentioned process to stop your existing SIPs: Through Web Portal- Log in to https://invest.iiflcapital.com/. Click on the “Reports” option in the left menu. Click on “Online ...
    • Is there a possibility that my entire Mutual Fund SIP order may not be executed at the exchange?

      Yes ,processing of SIP order is subject to successful settlement of funds for the SIP amount. As IIFL Capital receives payment confirmation, all the SIPs will be executed. Hence we request our clients to maintain sufficient balance in their bank ...
    • Why SIP order rejected?

      There should be 30 days gap between FOT (First order today) and SIP Start date. When client place the FOT order and select the SIP start date ask them to select the date after 30days (excluding Saturday, Sunday and other Holidays)
    • How to buy Mutual Fund ?

      You can follow the below mentioned process to purchase your SIP/mutual fund: Through Web Portal- Log in to https://invest.iiflcapital.com/. Click on the “Online Transaction” option available in the left menu. Click on the “Lumpsum/SIP” option as per ...