You can send a redemption or withdrawal request to get your money back anytime during or after the SIP runs. After all it is your money.<\/p>\n\n\n\n
The only except is if you invested a tax saving mutual fund (ELSS) which has a three year lock-in.<\/p>\n\n\n\n
To know the implications of redeeming early, i.e. exit loads and short term capital gains, consult an advisor. Or use an advisory platform like\u00a0Maxiomwealth which runs on a zero commission basis, because honest advice is hard to get by in financial matters.<\/p>\n\n\n\n
Sadly some intermediaries and banks make it tough to cancel an SIP. Stay way from anyone who tries to block your freedom. Your financial freedom should be your only concern.<\/p>\n\n\n\n\n
Maxiom Wealth \u2014 Free Tool<\/p>\n
Use our free SIP calculator to project your wealth at 5, 10, or 20 years. Small monthly amounts compound into life-changing wealth \u2014 but only if you start early enough.<\/p>\n Try the SIP Calculator \u2192<\/a>\n Talk to a Financial Advisor<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":" You can send a redemption or withdrawal request to get your money back anytime during or after the SIP runs. After all it is your money. The only except is if you invested a tax saving mutual fund (ELSS) which has a three year lock-in. To know the implications of redeeming early, i.e. exit loads… Read More »How shall I get my money back after stopping an SIP?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,78],"tags":[],"class_list":["post-1371","post","type-post","status-publish","format-standard","hentry","category-mutual-funds","category-sip"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=1371"}],"version-history":[{"count":2,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1371\/revisions"}],"predecessor-version":[{"id":3540,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/1371\/revisions\/3540"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=1371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=1371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=1371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}