Is it possible to close SIP before the committed time frame
Is it possible to close SIP before the committed time frame? For example if I commit to do SIP for 10 years and unfortunately I don't have funds for SIP after 8 years. What should happen?
Yes, you can close your SIPs any time you wish and it has nothing to do with the time period you have chosen.
Just writing a letter with details of folio number, scheme name and the amount to the respective AMC will do the needful. Normally AMCs take 21-30 days from the receipt of your request to close the SIPs.
POST A QUERY
Recent Queries
-
What is the benefit of mutual fund STP
Aug 29, 2019 by Nandu
-
How much to invest to meet target amount of Rs 2 Crores
Aug 26, 2019 by Dhiraj
-
Can you tell me return of various indices
Aug 18, 2019 by Dr. Ketan S Trivedi
-
Which Principal Mutual Fund scheme will be suitable for my retirement corpus
Aug 16, 2019 by Sanjay Gargish
-
In which mutual fund can I invest for short term period
Aug 3, 2019 by Chirag Agrawal
-
Can you please show the calculation method for selecting top consistent performing funds
Jul 30, 2019 by Abhishek Shah
-
How can I invest Rs 10 Lakhs
Jul 28, 2019 by Dr. Pradip Kumar Chatterjee
-
Can hybrid aggressive funds invest in large, mid and small cap stocks
Jul 27, 2019 by Pravin Jain
-
Is it possible to check rolling return versus category returns of multiple funds at a time
Aug 26, 2019 by Joel A Peres
-
Which Sundaram Mutual Fund scheme would be good for SWP for me
Jul 25, 2019 by Rabindra Chandra Bhattachara
Fund News
-
Tata Mutual Fund launches Tata BSE Select Business Groups Index Fund
Nov 25, 2024 by Advisorkhoj Team
-
Kotak Mahindra Mutual Fund launches Kotak Transportation & Logistics Fund
Nov 25, 2024 by Advisorkhoj Team
-
Axis MF Launches Axis Momentum Fund
Nov 22, 2024 by Axis Mutual Fund
-
HDFC Mutual Fund launches HDFC Nifty India Digital Index Fund
Nov 22, 2024 by Advisorkhoj Team
-
Axis Mutual Fund launches Axis Momentum Fund
Nov 22, 2024 by Advisorkhoj Team
Tools and Calculators
