When it comes to investing in mutual funds, several investors now take the systematic investment plan (SIP) route. Here is some flexibility that SIPs offer them.
You have done an SIP of Rs 10,000 in a mutual fund scheme on the 1st day of every month. What happens if you bank account does not enough balance on the day the debit request comes?
If you do not have sufficient amount in your bank account, the ECS debit instruction will be rejected by the bank and
