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: Go to the ‘Discover' tab from the bottom navigation bar and click on 'Mutual Funds - Your Portfolio'
Step 3: Once you click on ‘Your Portfolio’, you will be redirected to a new page. Click on ‘View Order History’ under ‘MF Portfolio’
Step 4: In the ‘Order History’, click on SIP. You will see the list of SIPs associated with your account.
Step 5: When you click on any one of the SIPs, you will see the SIP details with two options - ‘Cancel SIP’ and ‘Approve E-mandate’
Note : Users can cancel the SIP before 5 working days of the SIP due date.
Step 6: Once you click on Cancel SIP, the confirmation page of cancellation will be shown.
Step 7: When you click on ‘Confirm’, the next page will show you a message as cancellation successful.
Note: The above cancellation process will cancel the SIP registration from the date when cancellation is placed.However, if you cancel the SIP does not mean you have to redeem but If you want to redeem all the existing investments you have made via this SIP, please go to the mutual funds portfolio section and redeem the investments -how-do-i-redeem-my-mutual-funds-investments-