How can we help you?

Why Is My SIP Installment Skipping the First Month?

Post Date : December 11, 2025

When a new SIP is registered, the first instalment is processed either immediately or on the selected start date. If the next scheduled SIP date falls before the minimum interval required by the Asset Management Company (AMC), that subsequent instalment will not be processed. This is part of the SIP processing and mandate-validation framework followed by AMCs and clearing agencies.

Why the First Monthly SIP Gets Skipped?

• The first instalment is debited as per the registration or the selected start date.
• Each AMC defines the minimum interval required between the first debit and the next scheduled instalment in its scheme terms and processing rules.
• If the selected next SIP date does not satisfy the AMC’s minimum-interval requirement, the AMC will skip that instalment and process the SIP from the next eligible date that meets its requirement.

What Is the Minimum Gap Between SIP Instalments?

• The minimum interval between the first and second instalment is specified by the AMC in the scheme terms or mandate processing guidelines.
• Investors should consult the specific scheme document or the AMC’s SIP terms for the exact minimum-gap requirement applicable to that scheme and registration mode (online/NACH or physical/manual).

Note: The next eligible SIP date is the earliest date that complies with the AMC’s stated interval.

Illustrative Example (for reference only)

• SIP registration date: 25 January
• Next SIP date selected: 1 February
• Interval between first debit and next date: 7 days

Result (illustrative): If the AMC requires a longer minimum interval than 7 days, the 1 February instalment will be skipped and the SIP will resume from the first subsequent SIP date that satisfies the AMC’s interval requirement. Investors must verify the applicable interval in the AMC’s scheme document.

What Happens After the Skip

• Once the AMC’s minimum-interval requirement is met, subsequent instalments will be processed as per the selected SIP schedule.
• The SIP mandate remains active; no re-registration or mandate modification is generally required.
• The skip is an operational occurrence during SIP initiation and does not alter the SIP mandate unless otherwise specified by the AMC.

Investor Actions & References

• No action is required from the investor if an instalment is skipped due to interval rules.
• To confirm the applicable processing interval, refer to the scheme document, the AMC’s SIP terms and conditions, or the mandate confirmation communication from the bank/payment aggregator.
• For scheme-specific clarifications, contact the AMC or refer to the AMC’s official documentation.

Need Help?

Contact RMoney at 0562-4266600 / 0562-7188900 or email askus@rmoneyindia.com