Pause SIP is currently available only for regular Stock SIPs that have completed at least one successful instalment.

The maximum pause duration depends on your SIP frequency:

Daily SIPs: Up to 15 days

Weekly SIPs: Up to 6 weeks

Monthly SIPs: Up to 3 months

Any SIP instalments scheduled during the selected pause duration will be skipped. Your SIP settings will remain unchanged and the SIP will automatically resume once the pause duration ends.

You can place the following order types on Millions:

Market Order - A Market Order means buying or selling a stock immediately at the current price available in the market. You don’t choose the price, the system picks the best available one.

Limit Order - A Limit Order means you set the price at which you want to buy or sell. The system will only complete your order if the market price reaches that level (or better).

Target Order - A Target Order is used to book profits automatically. You set a price higher (for selling) or lower (for buying back), and once the stock reaches it, the system executes the order. Example: You bought XYZ at ₹2,400. You think it might rise to ₹2,600. So, you place a Target Order at ₹2,600 to sell. When the stock hits that price, your shares are sold automatically, locking in your profit.

Stop-Loss Order - A Stop-Loss Order is a safety tool. It helps you limit your losses by automatically selling (or buying back) if the stock moves against you. Example: You bought XYZ at ₹2,500. But you don’t want to lose more than ₹100 per share. You place a Stop-Loss at ₹2,400. If the stock falls to ₹2,400, the system will sell it for you to prevent further loss.

After Market Order (AMO) - Markets are open only from 9:15 AM to 3:30 PM. An AMO lets you place an order even when the market is closed it will automatically go live when the market opens. Note: Any order placed after market hours or on trading holidays will be executed as an AMO.

A Market Order means you’re telling the system: “Buy or sell this stock immediately at the best price available right now.” You don’t set the price yourself; the order will be matched with whatever buyers or sellers are offering at that moment on the exchange. Because stock prices keep moving, the final executed price may be slightly higher or lower than what you see on screen.

Example 1 (Buy): Let’s say ABC is showing at ₹95.

You place a Market Buy Order.

If there are enough sellers at ₹95, your order will get executed at ₹95.

If not, and the next best sellers are at ₹95.10, some or all of your order will get executed at ₹95.10.

Example 2 (Sell): You own ABC and it’s trading at ₹95.

You place a Market Sell Order.

If buyers are ready at ₹95, it will sell at ₹95.

If there aren’t enough buyers at ₹95, your order may get matched with buyers at ₹94.90.

How to place a Market Order on Millions:

Go to the Order Screen.

In the Price field, select Market.

Fill in the stock details (buy/sell, quantity, product type).

Confirm your order.

Here’s how you can edit/delete a stock SIP:

On the home page, go to tools > SIP.

You’ll see a list of your active SIPs.

Select the desired SIP to view its details.

Tap on ‘Edit SIP’ and make the required changes

Save your changes.

Note: To delete/Pause an SIP, simply tap on ‘Delete SIP’ or 'Pause SIP'.

A Market Order means you want to buy or sell a stock immediately at the best price available in the market. Here’s how it works:

If you’re buying, your order will match with the lowest price sellers are offering.

If you’re selling, your order will match with the highest price buyers are offering.

If there aren’t enough buyers/sellers at one price, your order keeps getting filled at the next best prices until the entire quantity is matched.

This can lead to your order being split into multiple trades at slightly different prices.

Example: The last traded price of a stock is ₹100. You place a Market Buy Order for 500 shares. At ₹100, only 200 shares are available. The remaining 300 shares get matched at the next best offers: 150 shares at ₹100.50& rest 150 shares at ₹101. Your full order of 500 shares is executed, but at different prices. Your average buy price will be a little higher than ₹100 because of these multiple fills.

A Limit Order means you decide the exact price at which you want to buy or sell a stock.

If you’re buying, the order will only go through when the stock price comes down to your chosen price or lower.

If you’re selling, the order will only go through when the stock price goes up to your chosen price or higher.

Until the stock hits that price, your order will just stay open/pending.

Example:

You want to buy a stock but only if it falls to ₹100.

You place a Limit Buy Order at ₹100.

If the stock drops to ₹100 (or below), your order will get executed at that price.

If the stock never falls to ₹100, your order will remain pending as Open.

A Limit Order gives you more control over the price, but there’s a chance the order might not get executed if the market never reaches your set price.

A Target Order is a type of order you place when you already hold a stock (or open a trade) and you want to automatically sell it once the price reaches your chosen target level. This helps you lock in your profit without having to constantly watch the market.

You decide the price where you want to exit (your “target”).

Once the stock price touches that level, the system places a sell order for you.

If the price doesn’t reach your target, your stock remains as it is.

Eg: Suppose you buy a stock at ₹100. You decide that if it goes up to ₹120, you’ll be happy with that profit. You place a Target Order at ₹120. The moment the stock reaches ₹120, your stock is sold automatically, and you book your profit. If the stock never reaches ₹120, your Target Order remains pending.

How to Place a Target Order:

Go to the Order Screen.

Tap on the drop-down arrow to see more options > select Target.

Enter the Target Price at which you want to exit. Fill in other details (quantity, product type, etc.) and confirm the order.

A Stop-Loss Order is like a safety net for your trade. It automatically closes your position if the stock moves in the opposite direction of your expectation, helping you avoid bigger losses. Think of it as a guard you set at a price level:

If the market price reaches that level, the guard steps in and exits your position for you.

This way, you don’t have to constantly track the stock and worry about sudden big moves.

Eg 1.If you have a Buy Position (Long Trade). You bought a stock at ₹100. You don’t want to lose more than ₹5 per share. So, you set a Stop-Loss at ₹95. If the stock falls to ₹95, your stock will be sold automatically, limiting your loss.

Eg 2.If you have a Sell Position (Short Trade). You sold a stock at ₹100 (expecting the price to fall). You don’t want to lose more than ₹5 per share if the price rises instead.

So, you set a Stop-Loss at ₹105. If the stock climbs to ₹105, the stock will be bought back automatically, limiting your loss.

How to Place a Stop-Loss Order on Millions

Open the Order Screen.

Tap the drop-down arrow for more options. Select ‘Stop-Loss’.

Enter your stop-loss either as:

A Price (e.g., ₹95), or

A Percentage (e.g., -5%).

Fill in the other trade details (quantity, product type, etc.).

Confirm your order.

An After Market Order (AMO) is an order you place when the stock market is closed (like on weekends, trading holidays, or outside regular trading hours).

Since the exchange is not live at that time, your order doesn’t go through immediately. Instead, it waits and is automatically sent to the exchange when the market opens next.

Example: Let’s say:

The market closes at 3:30 PM. At 8:00 PM, you decide to place a buy order for a stock.

- Since the market is closed, your order will be treated as an AMO.

- When the market opens the next morning at 9:15 AM, your order will be processed.

This helps if you can’t place trades during market hours but still want to plan ahead.

An SIP (Systematic Investment Plan) is a way to invest a fixed amount of money at regular intervals: daily, weekly, or monthly instead of investing a large sum at once.

This approach:

Helps you average out the buying price (since markets move up and down).

Builds discipline in investing by making it a habit

Works both for stocks and mutual funds on Millions.

Example: Suppose you want to invest ₹6,000 in a stock:

If you put the entire amount today, you buy at today’s price only.

If you set a monthly SIP of ₹1,000 for 6 months, you buy at different prices each month. Over time, your average cost per share may be better than buying all at once.

How to Start a Mutual Fund SIP on Millions:

Go to Mutual Funds on the app.

Search for or select the fund you want to invest in.

On the fund page, tap SIP.

Choose the frequency – Daily, Weekly, or Monthly.

Enter the amount you want to invest and select the date/day.

Pick your payment method and tap Invest Now.

How to Start a Stock SIP on Millions

Go to the Markets page.

Tap on Market Products.

Select SIP and tap Set SIP.

Search for your desired stock.

Choose the frequency – Daily, Weekly, or Monthly.

Select how you want to invest:

By Quantity (e.g., buy 2 shares each time)

By Amount (e.g., invest ₹500 each time)

Pick the date/day.

Tap Set SIP.

You can track all your SIPs Go to: Home > Market Products > My SIPs.

A stock SIP (Systematic Investment Plan) is a plan through which you invest a fixed amount of money in a particular stock at regular intervals, like daily, weekly or monthly, instead of buying it all at once. This helps average out your buying price over time.

Here’s how you can place a stock SIP on Millions:

On home page > go to Tools > SIPs

Tap Set SIP

Search for your desired stock

Choose the frequency (Monthly/Weekly/Daily)

Choose investment type: by Quantity or Amount

Select the Date/Day

Set SIP

You can view your active SIPs by going to Home Page > Market Products > My SIPs.

A few things to remember:

Your SIP order will be sent to the exchange at 9:30 AM on the SIP date and executed at Market price.

If the SIP date falls on a non-trading day (e.g., a weekend or a national holiday), the SIP order will be executed on the next trading day.

Your SIP order will be sent to the exchange at 9:30 AM on the SIP date and executed at Market price.

The frequency of your SIP can be monthly, weekly or daily depending on what you choose.

When you set up a Stock SIP, the app shows you an approximate SIP amount based on the stock price at that time. But since stock prices keep moving up and down every day, the actual amount deducted on the SIP date may be slightly higher or lower than what you saw while setting it up. Let’s say you create a Stock SIP for 2 shares of Company X when the price is ₹500 per share.

On setup date: Approx SIP amount shown = ₹1,000 (2 × 500).

On execution date: If the price rises to ₹520, the actual SIP amount = ₹1,040.

If the price falls to ₹480, the actual SIP amount = ₹960.

Note: This variation happens only in Stock SIPs because stock prices fluctuate. In Mutual Fund SIPs, the amount stays exactly the same as what you set.

The Approx. SIP Amount is shown based on the stock’s price when you create the SIP. On the actual SIP date, the amount debited may be slightly higher or lower depending on the stock’s market price that day.