Can I withdraw my SIP amount anytime?

An investment in an open end scheme can be redeemed at any time. Unless it is an investment in an Equity Linked Savings Scheme (ELSS), wherein there is a lock-in of 3 years from date of investment, there are no restrictions on investment redemption.

How can I withdraw money from SIP from Fundindia?

With FundsIndia, you can place a request to transfer funds in the ‘Withdrawal Request’ page after logging in to your account. Pay out requests placed before 2 pm will be processed on the same day, while payout requests made after 2 pm will be processed the next working day.

What if I withdraw SIP before maturity?

If you discontinue your SIPs anytime during this period, AMCs will not charge or deduct any amount from you. Simply sending a SIP closure letter to the AMC will do. 2. In case you partially withdraw from the SIP corpus, only the exit load may apply.

What is the lock-in period for SIP?

3 years
Reason #4: SIPs have total flexibility: Expert tip: Only Tax Saving Mutual Funds have a lock-in period of 3 years and not other MFs.

How can I withdraw sip online?

Redemption of Units – online You simply have to log-on to the ‘Online Transaction’ page of the desired Mutual Fund and log-in using your Folio Number and/or the PAN, select the Scheme and the number of units (or the amount) you wish to redeem and confirm your transaction.

How do I redeem money from Fundindia?

To redeem the offline fund you had transferred to your FundsIndia account, please follow the given steps:

1. Log in to your FundsIndia account.
2. Click on ‘Invest’ from the top menu of the page.
3. In the ensuing screen, click on ‘Redeem’, and select the ‘Redemption’ option.

How can I withdraw my mutual fund online?

When can I withdraw money from SIP?

You can withdraw your investments periodically unless they are under the lock-in period. You can withdraw via SWP (systematic withdrawal plan) route by redeeming a fixed amount at a given frequency. You may withdraw a lumpsum amount via a redemption request as and when required.

Can I withdraw my SIP funds at any time?

Like any MF investment, either Direct or through any brokers, like FundsIndia, you can redeem or withdraw your SIP investments anytime. Yes you can – be careful to see if the units are free of tax and exit loads.

Can I withdraw money from my mutual funds at any time?

Yes, you can withdraw money at any time from investments in most mutual funds on FundsIndia. However, there are some funds which are closed-ended – meaning they can be redeemed (withdrawn) only at the end of a tenure.

Can I withdraw part of my investment in sip through ELSS?

For instance, ELSS has a lock in period of 3 years prior to which you cannot withdraw SIP. Yes, it is possible to withdraw a part or full amount of the investment in SIP. 1. Lock- in period : Unlike other mutual fund schemes, ELSS is different from the sense that there is a minimum lock-in period of 3 years in any/all ELSS schemes.

How do I withdraw money from my investments?

You can withdraw your investments periodically unless they are under the lock-in period. You can withdraw via SWP (systematic withdrawal plan) route by redeeming a fixed amount at a given frequency. You may withdraw a lumpsum amount via a redemption request as and when required.