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How do I increase the Systematic Investment Plan (SIP) amount?

You cannot increase the amount of your ongoing Systematic Investment Plan (SIP). You will have to stop the current SIP and start a new SIP for the required amount. You can stop the SIPs which are currently running in your investment account through the modes mentioned below.

 

iMobile app:

 

Log in to iMobile app > Click on Invest & Insure > Click on 'Mutual Funds - Money Coach' > Click on the menu on the right-hand side > Click on the 'Systematic Transactions' screen > Select the SIP you wish to stop > Click on ‘Stop Transactions’.

 

Internet Banking:

 

Log in to Internet Banking > Click on Investments & Insurance > Invest Online > Mutual Funds > Click on 'Invest in Mutual Funds' > Click on the menu on the right-hand side > Click on the 'Systematic Transactions' screen > Select the SIP you wish to stop > Click on ‘Stop Transactions’.