Build Diversification, through Fixed Income Bond SIP

A Bond SIP is a facility that allows you to invest in eligible bonds at regular intervals. Based on the SIP instructions selected by you, a proposed bond investment is displayed for your review and processed through the applicable payment and exchange mechanism. Each successful instalment represents a separate purchase of bond units, which are credited to your demat account after settlement.

You can start your Bond SIP when you have completed the applicable KYC requirements, have an active demat account linked to your Altifi profile, have an eligible bank account for registering the payment mandate, and meet any other eligibility requirements displayed on the platform.

Altifi offers Curated Bond SIP: select parameters such as credit-rating range, tenure and issuer preferences. Altifi will display eligible issuers matching the selected parameters for your review in accordance with the applicable product process.

Minimum SIP amount: ₹5,000 (or as configured by the platform). Maximum SIP amount: unlimited (platform may apply a configurable upper limit). The exact amount that can be invested may also depend on the bond’s face value, prevailing transaction price and minimum tradable quantity.

Depending on the amount, bank and product configuration, available payment methods may include e-NACH and UPI AutoPay. Only the payment options available to you while registering the SIP should be treated as applicable.

The available frequencies are displayed while creating the SIP and may include Daily, Weekly, Monthly, Quarterly, Half-Yearly and Annually. The selected frequency determines when the proposed instalments are scheduled.

No substitute security will be purchased outside the consent and authorisation mechanism applicable to your SIP. If a proposed bond is unavailable, Altifi may display another eligible bond matching your selected parameters for review, or take the other action described in the applicable SIP terms.

Yes. Based on your selected investment parameters, eligible issuers are displayed for review. You choose the issuer(s) you wish to include, set the SIP amount and frequency, and register the applicable payment mandate. Each instalment is invested subject to availability, prevailing market price, minimum tradable quantity and applicable transaction requirements.

You select your investment parameters such as expected yield or YTM range, credit rating range, preferred tenure and preferred issuers. Based on these parameters, Altifi displays one or more eligible issuers together with the applicable security details and risk disclosures. The final investment process follows the consent and authorisation mechanism displayed on the platform.

Yes. The system displays eligible issuers based on your selected investment parameters. You may select or de-select issuers before proceeding with SIP registration.

Yes. Before activating your SIP, a consolidated order preview will display selected issuers, the tentative investment schedule, proposed SIP amount and investment frequency. The final bond allocation may differ depending on market availability and pricing on the SIP execution date.

Yes. Bond prices change based on market conditions. As a result, the actual investment amount may be lower than the maximum amount authorised under your mandate. The debit will not exceed the authorised mandate limit without the applicable fresh authorisation.

The number of bond units purchased is calculated using the applicable transaction price and minimum tradable quantity on the execution date. After a successful transaction and settlement, the bond units are credited to your demat account in accordance with the applicable exchange and depository timelines.

For Curated Bond SIP, another eligible bond matching your selected parameters may be displayed for review in accordance with the applicable consent process. The instalment may also be skipped or rescheduled, as communicated to you.

Yes, subject to the applicable cut-off time. You can submit a request to skip an upcoming instalment before the operational cut-off shown on the platform. Skipping one instalment does not automatically cancel future instalments.

You may pause the SIP where this functionality is available, or cancel it through the Altifi platform. Cancellation stops future SIP instructions and auto-debits after the applicable processing cut-off. It does not sell or redeem bonds already purchased through previous instalments.

The amount cannot currently be changed within an active SIP. To invest a different amount, you may cancel the existing SIP and create a new SIP with the revised amount.

If the debit fails because of insufficient balance, an inactive mandate, a bank-related issue or another reason: • The instalment will not be processed • No bond units will be allocated for that instalment • You will be notified through the applicable communication channel • Future instalments will continue unless the SIP is cancelled

When the scheduled date falls on a bank, exchange or settlement holiday, the instalment will be processed on the previous or next applicable business day. You will be able to view the revised processing date through the applicable communication or platform journey.

No. A Bond SIP is an investment method and does not guarantee returns, coupon payments, liquidity or repayment of principal. Bond investments are subject to risks including issuer credit and default risk, interest-rate and market-price risk, liquidity risk, reinvestment risk, and settlement and operational risk. You should review the bond-specific information, rating, offer documents and risk factors before investing.

Applicable platform charges, brokerage, exchange charges, statutory levies and taxes, if any, will be disclosed through the platform or transaction documents. Coupon income and gains from selling or redeeming bonds may be taxable based on applicable tax laws and your individual circumstances. You may consult a tax adviser where necessary.

The price of a bond may change between the time you register your SIP and the actual purchase date. To ensure your SIP instalment is processed successfully despite these market price fluctuations, the SIP mandate is created with a small buffer over your selected SIP amount. Maximum mandate amount (illustrative): • ₹5,000 – ₹10,000 → up to ₹11,000 • Above ₹10,000 – ₹50,000 → SIP amount + ₹1,500 • Above ₹50,000 – ₹1,00,000 → SIP amount + ₹2,000 • Above ₹1,00,000 – ₹2,00,000 → SIP amount + ₹5,000 • Above ₹2,00,000 – ₹5,00,000 → SIP amount + ₹10,000 The actual debit for each instalment is based on the prevailing market price on the purchase date, will never exceed the maximum mandate amount you approved, and if the bond price is lower than your selected SIP amount, only the actual investment amount will be debited.