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How To Online Stop or Cancel SIP In Motilal Oswal Mutual Fund?



Finance Guru Speaks: This article will provide information on how you can stop or cancel your SIP online in Motilal Oswal Mutual Fund.


As an example, we have taken Motilal Oswal Multicap 35 Fund to stop or cancel the SIP online. However, you may select any other Mutual fund scheme, steps will remain the same. Make sure to update your Email and Mobile correctly against your Folio No.

Steps to follow to online cancel or stop SIP in Motilal Oswal Mutual Fund:-


1. Open Motilal Oswal Mutual Fund home page after clicking here and click on MF INVESTOR -> EXISTING INVESTOR button.

2. Provide your PAN No. and click on GENERATE OTP button.
Motilal Oswal Mutual Fund - Login
Motilal Oswal Mutual Fund - Login

3. OTP will be received on your registered Mobile No. and Email ID. Enter the OTP and click on Submit button as shown below:-
Motilal Oswal Mutual Fund - Login
Motilal Oswal Mutual Fund - Login
4. On the Home Page, click on SYSTEMATIC INVESTMENTS -> CANCEL SIP (OFFLINE/ONLINE), as shown below:-
Motilal Oswal Mutual Fund - Online SIP Cancellation
Click to enlarge -  Motilal Oswal Mutual Fund - Online SIP Cancellation
5. On the Next page, select Folio No. and click on Submit button:-
Motilal Oswal Mutual Fund - Online SIP Cancellation
Click to enlarge -  Motilal Oswal Mutual Fund - Online SIP Cancellation
6. Select the Mutual Fund for SIP Cancellation by clicking on Go button. Here, we have selected Motilal Oswal Multicap 35 Fund:-
Motilal Oswal Mutual Fund - Online SIP Cancellation
Click to enlarge - Motilal Oswal Mutual Fund - Online SIP Cancellation
7. Provide SIP's Effective Cancel Date as today's date and click Submit, as shown below:-
Motilal Oswal Mutual Fund - Online SIP Cancellation
Click to enlarge - Motilal Oswal Mutual Fund - Online SIP Cancellation
8. Provide your confirmation to cancel SIP by clicking Confirm:-
Motilal Oswal Mutual Fund - Online SIP Cancellation
Click to enlarge - Motilal Oswal Mutual Fund - Online SIP Cancellation
Congratulations on your successful Online SIP Cancellation of Motilal Oswal Mutual Fund👍
Motilal Oswal Mutual Fund - Online SIP Cancellation
Click to enlarge - Motilal Oswal Mutual Fund - Online SIP Cancellation

Images Courtesy: Motilal Oswal Mutual Fund Website


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3 comments:

  1. This is not suppoting to my request, EAOP9062...

    ReplyDelete
    Replies
    1. Please share the exact error or issue you are facing. Thanks.

      Delete

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Finance guru Speaks