Stock SIPs can be auto-cancelled under specific circumstances to ensure valid execution:
- SIP set as Pause: If you have chosen to temporarily skip a scheduled SIP.
- Corporate Actions: If the company announces events like stock split, bonus issue, merger, or dividend-related adjustments that affect stock availability or pricing.
- Stock Symbol Change: When the exchange updates the trading symbol/security code of a stock, existing SIPs linked to the old symbol are cancelled.
- Exchange Mapping Changes: In case the stock is shifted to another exchange category (e.g., SME migration or reclassification), mapped SIP orders may not be valid.
- Account Issues: Restrictions such as compliance flags, insufficient margins, or other account-level issues that prevent execution.