SmartSIP is a revolutionary new order type for investing in Mutual Funds.

A SmartSIP automatically follows the rule of Buying Low and Selling High instead of a regular SIP which buys units even when markets are high. In a SmartSIP order, when the market prices are expensive, money is invested in low risk liquid funds and when the market prices are cheap, more money is invested in equity funds.

SmartSIP works based on the MosDex (Margin of Safety Index):

• When the MosDex is between 90-105, investment continues in your chosen equity fund as the NAV is reasonably priced.
• When the MosDex goes beyond 105, investment is doubled in the equity mutual fund as the NAV is undervalued and available at low price.
• When the MosDex is between 80-90, the NAV becomes expensive hence SmartSIP skips investing in the equity fund and parks the money in a respective AMC's liquid fund.
• When the MosDex falls below 80, partial profits are booked as NAV becomes very expensive and new investment is made in low risk liquid fund.
• When markets/NAV are reasonably priced or inexpensive, the investment shifts back to the chosen equity scheme.

For detailed understanding, please refer our terms and conditions page.

A SmartSIP order is much superior than a regular SIP on account of the following:

• Higher Returns — Higher returns as compared to conventional 70:30 Equity Debt SIP and also the only 100% Equity SIP mode.
• Higher Realisable Value — The realisable value of invested corpus is much higher compared to corpus value of regular SIP investments.
• Lower Risk — When markets are expensive, instead of buying expensive equity units, liquid units are bought which leads to lower risk.

A SmartSIP follows the same discipline as a regular SIP with respect to amount and frequency, therefore it is mandatory to have an approved mandate for successful execution of SmartSIP orders.

SmartSIP is a simple order with two legs – investor chosen equity scheme and liquid scheme of the same AMC. Most schemes have minimum transaction limits for additional purchases/redemptions due to which the minimum installment size is kept at Rs. 5000.

The current mandate is registered for SIP. We request you to kindly create a One Time Mandate to execute a SmartSIP order.

In case your debit instruction is rejected, your SmartSIP order will be skipped for that particular month and shall be attempted again in the subsequent month.

The money will be debited from your bank account on your SmartSIP date. In case of SmartSIP, the money debited will be that of the installment amount. In case of SmartSIP+, double the amount of installment shall be debited from your bank account.

Note: Kindly keep your account adequately funded on your SmartSIP date for smooth execution of the order.

SmartSIP has 2 options — with top up and without top up. SmartSIP+ is the variant with the top up option.

SmartSIP is like a regular SIP — the installment amount each month remains the same. So, if the regular SIP amount is Rs. 10000 for 60 months, the total investment would be Rs. 6,00,000 i.e. Rs. 10,000 × 60 months.

In the SmartSIP+ variant, additional top-up amounts are drawn from your account depending on the Margin of Safety. For e.g. if the Margin of Safety was 106 for a particular month on SIP day, instead of Rs. 5,000, Rs. 10,000 is drawn for that month.

SIP has 2 options — with top up and without top up. SIP+ is with top up option. When the Margin of Safety index is very high, an amount equivalent to the SIP installment amount is invested as an additional amount over and above the monthly instalment for superior returns.

In the SIP+ variant, no sell or skip transactions are made but only top-up SIP transactions are undertaken in months where Margin of Safety is high. This is suitable for lock-in schemes like ELSS where sale transactions are not permitted on account of the lock-in period.