Mutual fund investors can stop their SIP investment online anytime at zero charges. It may take approximately 20-25 days to process the stop SIP request.
Steps to cancel or stop SIP in 5paisa app;
- Log in to the 5paisa account.
- Navigate to the mutual fund's section.
- Go to the “Orderbook”.
- Tap on the mutual fund scheme, if you want to stop SIP investment.
- Click on the “Stop SIP”
- Mention a reason and click on Stop SIP, and the SIP investment will be stopped.