How can I stop my SIP?

How can I stop my SIP?

You can stop SIP using the following steps:

Go to MF order book >> Click on the SIP section >> Click on the scheme you wish to stop >> Click on Stop SIP >> Choose a reason and click on stop SIP

 
Note: Stop SIP does not mean that you will get your invested amount back. Your installments till date will remain invested in the scheme but no further installments will be deducted. To withdraw your invested amount you need to redeem the SIP.

 


    • Related Articles

    • How can I start an SIP and can I shift my existing SIPs to 5paisa?

      Investment in SIP can be done via below platforms:  From 5Paisa Mobile App: Start an SIP by choosing schemes from our categorized baskets: Select a scheme >> Click on start SIP >> Enter amount and SIP Date >> Select SIP Period >> Proceed to Pay You ...
    • SIP for small cases

      A Systematic Investment Plan is one where you can invest a fixed amount of money into your smallcase at specified time intervals. The SIP feature is aimed at aiding you in developing a disciplined investment habit and to subdue the impact of market ...
    • What is SIP date?

      The date of the SIP is the date on which each month the clients investments will be processed. When client does an SIP with 5paisa amount is debited from their bank account 1 business day prior to the SIP Date. For Non First order today SIPs, the ...
    • What is stock SIP and Why go for Stock SIP?

      What is stock SIP? Stock SIP enables the investors to buy stock (quantity based) periodically (Weekly, monthly or daily) in a systematic manner.  It is the ideal and disciplined method of investing for long term investors It helps to make the best of ...
    • How to Start SIP for Smallcases?

      For a step by step guide on setting up SIP, refer to the instructions below: Start SIP Check the SIP box while buying the smallcase OR From the Investments tab, click on the smallcase you want to setup SIP for and select Start SIP from More Actions ...