How To Cancel SIP in Kotak Mutual Fund?


Finance Guru Speaks: This article will provide information on how you can Stop or Cancel your SIP in Kotak Mutual Fund.


how to cancel SIP in Kotak Mutual Fund

In this article, we have provided steps for Online SIP Cancellation of Kotak  EQ Contra Fund using the existing investor's User ID and Password. However, you may select any other Mutual fund from this fund house, steps will remain the same.

Steps to follow to online Cancel or Stop SIP in Kotak Mutual Fund:-


1. Open Kotak Mutual Fund website and provide your User ID and Password and click on Login button:-
Kotak Mutual Fund Login Page
Kotak Mutual Fund Login Page
2. Enter OTP received on your registered Email and Mobile No. and click on Submit button:-
Kotak Mutual Fund Login Page
Kotak Mutual Fund Login Page
3. On the Home page, Click on Systematic Transactions -> Cancellation of Systematic Registration. Select Transaction Type as Systematic Investment Plan and Transaction Mode as Online/Offline [Online, if you started SIP via Online Website/App and Offline, if you started SIP via visiting Fund Office]


You can see the list of Mutual Fund Schemes against which SIP is ongoing. Move the Cursor to the Right and click on Stop SIP link against your selected Kotak EQ Contra Fund. As shown below:-
Kotak Mutual Fund - Cancel SIP
(Click to enlarge) Kotak Mutual Fund - Cancel SIP
4. On the Next Screen, accept the Terms and click on Continue button:-
Kotak Mutual Fund - Cancel SIP
(Click to enlarge) Kotak Mutual Fund - Cancel SIP
5. Review all the details and click on Send button to get the SIP Cancellation Confirmation OTP on your registered Email or Mobile:-
Kotak Mutual Fund - Cancel SIP
(Click to enlarge) Kotak Mutual Fund - Cancel SIP
6. Enter the received OTP and click on Confirm button to cancel the SIP:-

Kotak Mutual Fund - Cancel SIP
(Click to enlarge) Kotak Mutual Fund - Cancel SIP
7. Review all the details and click on Stop SIP button:-
Kotak Mutual Fund - Cancel SIP
(Click to enlarge) Kotak Mutual Fund - Cancel SIP
Congratulations on your successful Online SIP Cancellation of Kotak Mutual Fund. 😊
Kotak Mutual Fund - Cancel SIP
(Click to enlarge) Kotak Mutual Fund - Cancel SIP

Images Courtesy: Kotak Mutual Fund Website


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