How to Cancel SIP in KFintech

Cancel SIP in KFintech by following below steps:

#1. Log in to KFintech website https://mfs.KFintech.com/investor/

#2. Once Logged in on the Top Nav Bar look for Transaction Online

#3. Under my Transaction Online click on Pause/Cancel Systematic Transactions Section

#4. Now select your Name, Transaction Type and Mutual Fund Name that you would like to Cancel the SIP or Pause an SIP.

#5. Now towards the right look for Cancel or Pause Icon

#6. Now click on Cancel Icon, it will ask Are you sure want to Cancel SIP trasaction for selected folio? Select Yes Enter OTP to cancel the SIP.

How to Pause SIP in KFintech

You can also Pause a SIP in KFintech, just go to my Transaction Online->Pause/Cancel Systematic Transactions then choose your Fund and click on the Pause icon.

Pause Systematic Transactions:

Now it will display options like Pause Start Date, Pause End Date and No of Pause Installments, Enter on Proceed.

Now Enter the OTP received to pause a SIP in KFintech Website Online.

SIP Pause is a facility provided by the majority of mutual funds where it allows an investor to pause SIP for a temporary period that they can choose.

Also check how to cancel/stop or pause SIP in myCAMS.

The post How to Cancel Pause a SIP in KFintech Step by Step Process appeared first on TechAccent.

How to Cancel SIP in myCAMS

Cancel SIP in myCAMS:

#1. First Log in to https://mycams.camsonline.com/ Website

#2. Once Logged in go to my Transactions on Left side bar in bottom.

#3. Under my Transactions click on Systematic Transaction, see below image.

#4. Now selct Mutual Fund Name that you would like to Cancel the SIP

#5. Now Select Systematic Investment Plan and in Select Transaction Status dropdown select Active option.

#6. It will list the list of available folio details, see below image.

#7. Now click on Cancel button it will display your fund SIP details enter submit, now you will receive an OTP on your registered mobile number enter OTP to cancel the SIP.

How to Pause SIP in myCAMS

You can also Pause an SIP in myCAMS, just go to my Transactions->Systematic Transaction then choose your Fund and click on Pause.

Now it will display options like No of Pause Installments, Pause From Date and Pause To Date, now you will receive an OTP enter to pause a SIP in myCAMS website online.

FAQ’s on how to pause a SIP in myCAMS

SIP Pause is a facility provided by different mutual funds that allows an investor to pause their SIP for a temporary period

An investor can pause their SIP temporarily without discontinuing it

Once the Pause request gets initiated it cannot be cancelled

Investor can select up to a maximum of 3 instalments in case of a weekly or monthly SIP and 1 instalment in case of a quarterly/half-yearly/yearly SIP

For SIPs which are on a monthly or weekly basis, Pause will be applicable for 3 consecutive cycles from the start period. An investor will not be allowed to pick 3 staggered or non-consecutive periods to pause their SIPs

Note: Investor needs to initiate Pause request at least 15 days before the next SIP instalment date for it to take effect. If the Pause request is received within 15 days of the next instalment, it will become effective for the subsequent instalment

The post How to Cancel or Pause a SIP in myCAMS appeared first on TechAccent.