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Changing SIP date

If you want to change the date of an ongoing SIP, you have to first discontinue your existing SIP

Can I change the date of my ongoing Systematic Investment Plan (SIP)? What is the cost I need to pay mutual funds?
- Ayonavo Halder

If you want to change the amount, date, frequency of an ongoing SIP, you have to discontinue your existing SIP and use a fresh SIP application form to register a new SIP in the same scheme.

This article was originally published on January 14, 2016.

Disclaimer: This content is for information only and should not be considered investment advice or a recommendation.

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