Migrate from V1 SIPs to V2 Purchase plans

MF purchase plan attribute mapping for V1 SIPs

Refer to MF purchase plans for all attributes

V1 SIP attribute V2 MF purchase plan attribute
isin scheme
amount amount
start_day installment_day
frequency frequency
installments number_of_installments
folio_number folio_number
mandate_id payment_method & payment_source
source_ref_id source_ref_id
user_ip user_ip
server_ip server_ip
order_gateway order_gateway
consent hash consent hash

Migration procedure

  1. Map a V1 SIP with respective V2 MF purchase plan ID
    1. If you are maintain SIP ID against investor or investment accounts in your application then
      1. Use Fetch a SIP and List all SIPs of V1 SIP APIs to find V2 ID
      2. Update V2 ID for all SIPs in your application
    2. If you do not maintain SIP ID in your application
      1. Use List all mf purchase plans by investment account of the investor
  2. Start using the V2 MF purchase plan APIs

Learn V2 MF purchase API alternatives for all V1 SIP Actions

Action V1 SIP API V2 MF purchase plan API
SIP Creation create-a-sip create-a-purchase-plan
Change mandate of an SIP modify-a-sip Use payment_source in update-a-purchase-plan
Cancel SIP modify-a-sip cancel-a-purchase-plan
Fetch SIP fetch-a-sip fetch-a-purchase-plan-by-its-id
Fetch installments of a SIP fetch-installments-of-a-sip Use plan id in list-all-mf-purchases
List all SIPs list-all-sips list-all-purchase-plans
Cancel next installment modify-a-sip skip-installments-via-skip-instructions
Cancel installments between a date range Not available skip-installments-via-skip-instructions
Update SIP amount Not available Use amount in update-a-purchase-plan