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Easy way to cancel your DSP Mutual Fund SIP
There are two options available to cancel the DSP Mutual Fund SIP below:
Online Process to cancel your DSP Mutual Fund SIP:
- Log In - DSP Website or Mobile App
- Select - "Systematic Plan" option
- Select Scheme in which you want to cancel your SIP
- Choose Cancel SIP option from dropdown
Now wait for your SIP Cancellation confirmation.
Physical Process to cancel your DSP Mutual Fund SIP:
- First Download SIP Cancellation Form
- Fill details - Folio No & Unit Holder Name
- Option D - First tick SIP option then
- Option D - Fill up Scheme Name, SIP Amount, SIP debit Date & Bank account no
- Sign Form
- Visit nearest Fund House Branch or Submit at CAMS Office
Now wait for your SIP Cancellation confirmation. It takes between 5-15 days for cancellation process.
Fund House send you email or SMS for confirm your SIP Cancel. Also you check your Folio statement for SIP Status (If status Live then SIP not cancel and status show Cancel means no further SIP installment trigger in your bank account)