POSTED BY November 4, 2011 8:07 pm ONE COMMENT
ONi am investing rs 1000/mth in hdfc top 200-g from oct’10.
i have this sip for 5 years.
can i now stop further sip payments (after 13 installments) but stay invested in it for 5 years?
are there any charge for premature stopping of sip?
in future can i lnvest in same mf account in lumsum?
kindly advice
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1. can i now stop further sip payments (after 13 installments) but stay invested in it for 5 years?
Ans: Yes you can stop and leave the amount there for 5 years.
2. are there any charge for premature stopping of sip?
Ans: There are no charges.
3. in future can i lnvest in same mf account in lumsum?
Ans: Yes. Just quote your folio number on the application form.