How To Online Stop or Cancel SIP In L&T Mutual Fund?


Finance Guru Speaks: This article will provide information on how you can Stop or Cancel your SIP in L&T Mutual Fund.


How to cancel SIP in LnT Mutual Fund

If you are an existing L&T Mutual Fund investor, then, first of all, get registered to L&T Mutual Fund website. You can follow the options mentioned here.

In this article, we will provide steps for Online SIP Cancellation of L&T Midcap 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 L&T Mutual Fund:-


1. Open L&T Mutual Fund website and provide your User ID and Password along with required mathematical figure (E.g. 5-2=3) and click on Login button.:-
LnT Mutual Fund Login Page
L&T Mutual Fund Login Page
2. On the Next page, Click on Your Systematic Plans -> SIP as shown below:-
LnT Mutual Fund - Cancel SIP
(Click to enlarge) L&T Mutual Fund - Cancel SIP
3. Click on Active link against your selected Mutual Fund, as shown below:-
LnT Mutual Fund - Cancel SIP
(Click to enlarge) L&T Mutual Fund - Cancel SIP
4. Review all the details and click on Proceed for Cancellation button:-

LnT Mutual Fund - Cancel SIP
(Click to enlarge) L&T Mutual Fund - Cancel SIP
Congratulations on your successful Online SIP Cancellation of L&T Mutual Fund. 😊
LnT Mutual Fund - Cancel SIP
(Click to enlarge) L&T Mutual Fund - Cancel SIP


Images Courtesy: L&T Mutual Fund Website

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How To Start Online SIP In L&T Mutual Fund?



Finance Guru Speaks: This article will guide you on how you can start your online SIP in L&T Mutual Fund.



If you are an existing L&T Mutual Fund investor, then first of all get registered to its L&T Mutual Fund website. You can follow the options mentioned here.

In this article, we will provide steps for Online SIP registration of L&T Midcap Fund Direct Plan 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 start online SIP in L&T Mutual Fund:-


1. Open L&T Mutual Fund website and provide your User ID and Password along with the required mathematical figure (E.g. 5-2=3) and click on Login button.:-
LnT Mutual Fund Login Page
L&T Mutual Fund Login Page
2. On the Next page, Please enter the OTP sent to the Email ID and Mobile No. registered against the user and Click on Submit button.

3. Under Transact, select L&T Midcap Fund (or select New scheme incase this is not your existing fund) and click on SIP button as shown below:-

LnT Mutual Fund - Start Online SIP
L&T Mutual Fund - Start Online SIP
4. For the Mutual Fund Scheme as L&T Midcap Fund, provide details like SIP Amount, SIP Date, SIP Period, etc. Don't forget to select Broker as Direct. Accept T&C's and Click Proceed for Confirmation button:-

LnT Mutual Fund - Start Online SIP
L&T Mutual Fund - Start Online SIP
LnT Mutual Fund - Start Online SIP
L&T Mutual Fund - Start Online SIP
5. On the Next page, check the SIP Summary and Click on Proceed for Payment button:-
LnT Mutual Fund - Start Online SIP
L&T Mutual Fund - Start Online SIP
6. On the Next page, select Payment Mode (E.g. Internet Banking, UPI, etc.) and Click on Continue button:-
LnT Mutual Fund - Start Online SIP
L&T Mutual Fund - Start Online SIP
7. On the Next page, SIP Registration Number (SRN) will be generated. Login to your Bank account and add this as a Biller to register for SIP deductions.
LnT Mutual Fund - Start Online SIP
L&T Mutual Fund - Start Online SIP
Congratulations on your successful Online Direct SIP registration of L&T Mutual Fund :-)

Note: If you have any issues in adding this SIP in your Bank as Biller then let us know. Incase you are trying to deduct the SIP amount from Kotak Mahindra BankHDFC Bank, or Axis Bank, then you can follow the below articles on how to register for Mutual Fund SIP deductions from Internet Banking.




Images Courtesy: L&T Mutual Fund

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