How to PAUSE/STOP ongoing SIP?

Hi is there any way by which i can stop or pause my ongoing SIP in MF. Presently I do not need money so I do not want to redeem the same.

Hi @phylab we currently do not have the facility to pause ongoing MF SIPs. However, we have it in our roadmap and will update you once we go live with this feature. Alternatively, you can cancel your SIP, and not redeem any amount and then re-start again later.

Hi @Radhika… tell me how can i cancel my ongoing mutual fund sip, because whenever i go to my portfolio and go for the MF tab and choose any fund it shows me two option either to Redeem or Invest more… but i can’t find any tab for cancelation of the fund… so how to cancel the same.


Thanks

Hi @phylab you can follow the steps mentiond in our FAQ to stop your SIP for now. When it aligns with your goals, you can always start a fresh SIP :slight_smile:

And what abt step-up ?

Hi @krishag we have step-up SIP planned in the roadmap after we roll out UPI Autopay mandates & Demat MF. We will keep you updated on the same.

UPI autopay is good option, but kindly do not remove netbanking or debit card autopay option in MF.

1 Like

Agreed.

This is fine but every time you cancel and set a new sip the first instalment need to be paid while setting up only, why no option to start as scheduled

Hi @rrhc1504, Thank you for your feedback! We understand the need for an option to start SIPs as per the scheduled date without making the first installment payment upfront. We have shared this with our team, and they will evaluate the feasibility of implementing this in future updates. Stay tuned for improvements!

yes thats right. same prob in groww app but coin app works fine.