But you might want to stop your SIP in Mutual fund due to the following reason:
and so on…
Whatever your reason to close your SIP, lets see the process to do it.
Some mutual fund houses like Goldman Sachs Mutual Fund, Axis Mutual Fund, Reliance Mutual Fund, ICICI Prudential Mutual Fund have made the process easy and have pre-formatted application form on their websites. You just need to download the form, fill the relevant details and submit to the the mutual fund office or respective fund registrar (CAMS, Karvy) office.
For other fund houses, you need to submit an application mentioning the relevant details like:
I have attached a sample application form to stop your SIP. You can download the same in MS Word Format and change the underlined & italicized words to your relevant details.
[button link=”https://apnaplan.files.wordpress.com/2018/02/application-to-stop-sip-in-mutual-fund.doc” size=”large” style=”download” color=”darkcyan” text=”light”] Download Sample Application Form for Stopping SIP (30.00 KB)[/button]
AMCs might take 30 days to process the SIP stop request. So keep this in mind while requesting for Stopping your SIP.
Everyone hates paying taxes and always are on lookout for Options to Save Tax. However…
Are you worried and confused about Lien amount in SBI? Well you are not alone.…
Get details of latest Sovereign Gold Bond Price, Issue details, taxation and how to invest.…
Download the Excel based Income Tax Calculator India for FY 2020-21 (AY 2021-22). This compares…
Piramal Capital & Housing Finance, has come out with Piramal Capital & Housing Finance Ltd…
IIFL Home Loan, the Housing Finance company from IIFL Group has come out with IIFL…
View Comments
I have done axis mutual fund investment through offline .
Firstly Rs 118 was debited from my account because of signature verification.
Monthly 500 debited and the amount invested was Rs 25 less when I asked to axis bank person . They have told that is processing charges.
And when it was looked in axis consolidated report it was found that it's transaction charges.
Now it's becoming geache to me . How to stop this investment kindly help
I want to close my SBI Mutual fund investment folio No 12742343. But my mobile no and email id linked with my folio are not with me.
Call SBI Mutual Fund customer care to know about the same.
Hi ,
Thanks for the details.
Where the request to be given .. Hopefully ICICI Bank ? Please confirm
To the respective mutual fund office or their registrar like CAMS or Karvy Office.
I have lost tract of my policy n umber of sip of Rs1000 PM .can i get the same.
Parveen Sharma, DOB 9.5.1958,House no 3047,sector 37 d chandigarh
Thanks! its a useful form. Been looking for its format for a some time now
Yes I need to stop one of my Mutual Fund SIPs and could not find the form on the MF website. After inquiring from their customer care came to know that I need to write an application. Hmm.. and this procrastinated the process. So thought of uploading this for everyone.