Want to pause SIP investments?

Want to pause SIP investments?

Published: 05th Dec 2024

By: Value Research

Here’s everything you need to know before taking a break

Can you pause an SIP in mutual funds?

Yes, you can pause your SIPs online or offline for up to six months. That said, a few fund houses allow this pause facility for three months only. Your SIPs will automatically resume upon the expiry of the pause period.

How to pause SIPs online

You can pause your SIP via CAMS, KFintech, or the fund house’s website. Log in, select the pause option, set the duration, and confirm your request.

How to pause SIPs offline

Visit the fund house or ask your agent/advisor. Request a SIP cancellation form, fill in the required details such as your folio number, PAN number, bank account details, etc., and submit the paperwork to any branch of the AMC, CAMS, or KFintech.

Is there any penalty?

No, you are not charged by the mutual fund house for pausing SIPs.

How many times can I pause my SIPs?

You can pause once or twice for the duration of the SIP investment. However, it differs from one fund house to the other.

Why are my SIPs not eligible for pause?

The pause facility is available for monthly SIPs only. Some fund houses like Axis allow the pause facility if your SIP is greater than Rs 1,000 and has completed six months.

Should you pause your SIPs?

Don't pause unless absolutely necessary. Don't pause SIPs to time the market. SIPs thrive on cost averaging—buying fewer units in market highs and more in lows. It saves you from the dilemma of timing the market.

Looking to start a new SIP?

Discover the best mutual funds to kickstart your SIP journey!

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