Introducing: Conditional SIPs. Now automate your SIPs based on Market Movements

[Radhika]

Hello Investors,

If you are an investor, you already know that Systematic investing (SIP) has always been key to how investors build long-term wealth. On Dhan - we have not just provided this on Mutual Funds (as daily, weekly and monthly), but even before we got Mutual Funds for you - SIPs have existed on Dhan for Stocks & ETFs.

Over time, these Stock & ETF SIPs have grown to become one of the most used features on the platform for our investors. To help users have more control over their SIPs, we introduced execution time selection for SIPs. Additionally, to help users take the advantage of leverage in high conviction stocks, we introduced MTF on SIPs. And finally, to make it a completely seamless experience, we got AutoPay for adding Funds to your Dhan account.

Another common investing behaviour we have been observing is that investors either buy more of a stock when it dips by a certain percentage or keep adding it to their portfolio when they want to ride the momentum.

The conviction is there, and the strategy is set, but acting on it requires actively watching the market, and often, the moment passes before you can act. We are happy to share that we have now built a feature exclusively for these users.

Introducing: Conditional SIPs on Dhan

With Conditional SIP, you no longer need to track the prices manually. You can now set triggers based on:

1. Percentage movement in a Stock
2. Percentage movement in an Index
3. Change in Portfolio Value

Once the condition is hit during market hours, the SIP executes once for that day at that market price. No manual intervention needed at all. Simple!

How to Set it Up?

1. Go to SIPs via Orders or the Company page
2. Select the Stock or ETF you want to invest in
3. Tap on “Trigger” on the app
4. Set your condition on Stock / Index / or your Portfolio
5. Save the trigger

That’s it! Now every time your condition is met, your order will be placed automatically. Note that a trigger SIP is executed only once per day.

If the funds are insufficient, the order will fail, and there will be no retries. Additionally, your SIPs will get halted temporarily if there are any corporate actions that take place.

Set up your first Conditional SIP today and let the market work with your discipline. We hope this enhances your investing experience on Dhan.

As always, your feedback continues to shape what we build next, and we look forward to hearing your thoughts on this.

Happy Investing,
Radhika

[sri1647]

Thanks for launching this @Dhan @Radhika .

I observed two issues here in - Trigger based on Percentage movement in the stock.

1. Once we decide the % move, the Investment amount, by default for 1 quantity, should be calculated accordingly and update automatically. But it is getting calculated only once we toggle between quantity and investment amount. The investment amount can be changed at our discretion but the default value should be automatically updated for 1 share based on % selected.
   

   
   
   
   
   
   
   

2. Secondly, whether the move % is up or down, the set sip for investment amount is always getting calculated upward only.
   

   
   
   
   

[sri1647]

any response here @Radhika @Dhan .

[Radhika]

Hey @sri1647 thank you for highlighting these. We will work on the above, and keep you updated on the same.

[SiBe]

This is one of the great feature I loved. This is close to no-code, no-integration nonsense.

Allow weekly, bi-weekly, monthly SIPs with combination of trigger (ex: price fell/rise % in weekly candle)
Allow to set a ceiling/floor of stock price so the trigger will be valid above/below the set price