Is there a possibility that my entire Mutual Fund SIP order may not be executed at the exchange?

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 Securities receives payment confirmation, all the SIPs will be executed. Hence we request our clients to maintain sufficient balance at least two working days prior in their bank accounts linked with the SIP in order to avoid any SIP transaction rejection.