How do I cancel an SIP on Upstox account?

Cancellation Steps:

In order to cancel your SIP order, follow the below steps:

Step 1: Log in to the Upstox app using your 6-digit PIN or biometrics.

Step 2: Navigate to the 'Account' tab in the bottom navigation bar and toggle to 'Upstox - For investors' using the switch button located above on the screen.

Step 3: Next click on ‘Switch to Upstox for investors’ and at the bottom you will see ‘Mutual Funds’.

Step 4: Next click on ‘Portfolio’ and scroll down to ‘Your portfolio’ under which you will see the SIPs tab.

Step 5: Click on view all to see all your active SIPs.

Step 6: Now click on the 'Stop' option for the SIP you wish to cancel.

Step 7: Here you will see a confirmation window to stop the SIP.

Step 8: Your SIP has been successfully stopped.

Users cannot stop a SIP when there is an upcoming instalment in the next 7 days.

Note: The cancellation process mentioned above will terminate the SIP registration starting from the date of cancellation. However, canceling the SIP does not automatically trigger a redemption. If you wish to redeem all the existing investments made through this SIP, please navigate to the mutual funds portfolio section and proceed with redeeming the investments.

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