STEP UP SIP system

Dear UpstoX team,
Please add STEP-UP SIP system on UpstoX for investors mobile version where mutual fund investors could able to increase their SIP investment every year/month by some percentage .
Hope u will work on this
Thank you.

Hey @Miku_megabytis,

Thank you for your suggestion.

Please note that we are releasing the feature this month on Android where you can select either target or stop-loss or both and also place GTT on existing position or holding.

Okey that’s nice , but this is not my recommendation feature . Plz also keep an eye on my problem also .

Hi @Miku_megabytis -
Apologies for that…this response was made in error to this thread. It was instead intended for another thread (one that you commented on as well). I’ve asked the product manager that focuses on investing / SIP features to craft a response to this particular query on SIP. Thanks!

Hi @Miku_megabytis,

Step Up SIPs are an important feature for investors to consider. Currently, our system creates SIP orders through the BSE Star Exchange, which subsequently registers the SIP with the AMC. We have explored developing an internal mechanism to adjust or increase the SIP amount without seeking customer consent each time. However, this would require substantial development. Since you have approached this topic, something that we could consider is surveying a broad group of customers to understand the true demand for this feature. This would help in getting this prioritized for development.

Okey thank you so much, nd it will be best if UpstoX try to built this type of mechanism in future .

Step UP SIP is one of the major required feature that is needed in current economic scenario

@rajks86 In which platform u do step up sip ?

Hi please add step up SIP to sip as this is major requirement from investors I’m also facing issue in creating stepup sip as there is no option for doing so in upstox so investors might opt for other platforms for MF investment

Hi @Naihil_Narkhede,

Thank you for your suggestion. We have taken a note of it and passed it on to the concerned team.