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.

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

2. Enter OTP received on your registered Email and Mobile No. and click on Submit button:-

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:-

(Click to enlarge) Kotak Mutual Fund - Cancel SIP

4. On the Next Screen, accept the Terms and click on Continue button:-

(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:-

(Click to enlarge) Kotak Mutual Fund - Cancel SIP

6. Enter the received OTP and click on Confirm button to cancel the SIP:-

(Click to enlarge) Kotak Mutual Fund - Cancel SIP

7. Review all the details and click on Stop SIP button:-

(Click to enlarge) Kotak Mutual Fund - Cancel SIP

Congratulations on your successful Online SIP Cancellation of Kotak Mutual Fund. 😊

(Click to enlarge) Kotak Mutual Fund - Cancel SIP

Images Courtesy: Kotak Mutual Fund Website

Also read:

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