Hello friends, in this
article we are discussing on the topic how to stop SIP in Axis mutual fund app.
If you are investing on Axis mutual fund SIP through Axis mutual fund app or
website and you want to stop your SIP installment for some months then how to
pause SIP in Axis mutual fund.
Suppose you are investing
on Axis mutual fund through SIP. After sometimes, for some financial reason you
are unable to pay your SIP installment. In such conditions you can stop your
SIP for some moths. You can stop your SIP for maximum 6 months at a time in
axis mutual fund.
Once you stop your SIP
for the selected months it will be paused for that time and after completion of
the period it will start again automatically. On the following paragraphs we
are discussing the step by step process of how to pause SIP in Axis mutual fund
online.
How to stop SIP in Axis mutual fund app:
Before going to stop SIP
in Axis mutual fund app you should create an account on this app. If you have
already created an account on Axis mutual fund app and linked your SIPs then
follow the following steps.
STEP 1:
Open the Axis mutual fund app and click on ‘login’ button.
STEP 2:
Log in to your account using PIN or fingerprint or user Id and password.
STEP 3:
As you logged in to your account your total Axis mutual fund investment amount
and current value will be appeared on the screen. Click on the three line option
on the left top corner of the page.
STEP 4:
A list of various options will be displayed on the screen. Click on the option ‘Transact’
out of them.
STEP 5:
Some links will be appeared under transact option after clicking on it. Click
on the link ‘Stop SIP’ from the links.
STEP 6: Your
active SIPs will be displayed on the screen. Click on the ‘Pause SIP’ under the
details of SIP which you want to stop.
STEP 7:
Here you are asked to select the period for which you want to pause your SIP.
You can select maximum 6 months at a time. Select your period here.
The pause start date end
date and restart date will be displayed on the screen. Click on ‘Confirm’ button to stop your SIP.
Your Axis mutual fund SIP
will be paused for the selected period of time. This is the process how you can
stop SIP in Axis mutual fund online. This process can also be watch on the following
video. To know the process in video watch the video till end.
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