Queries

Some Fund Houses Allow Pausing And Restarting SIPs Janani Vasudevan During the pandemic, I reduced my systematic investment plan (SIP) investments to Rs 1,000 each from Rs 10,000 and Rs 5,000, respectively, earlier. I want to restore to the earlier levels but with some flexibility to increase or decrease. Is there a way to do this? The flexibility that you are looking for to increase and decrease SIP investments is available but to a varying degree. Different fund houses offer different facilities in SIPs. Some give the facility of pausing and restarting SIPs for and within six months. Systematic top-up SIP facilities are also available. Some brokers even offer weekly SIPs. One of the ways to restore to the earlier amounts is to start an additional SIP in the same fund or folio. You can do this online or offline by filling up a transaction form. In future, if you want to add to or...