MF SIPs
SIP Cancellation, Modification and more
To run your SIP automatically, an AutoPay mandate is required. The ₹50,000 shown here is simply the maximum limit allowed for automatic deductions from your bank for that SIP. Don’t worry - only your SIP amount will be deducted, not the full ₹50,000.
Setting a higher limit helps ensure that when your SIP increases through SIP Plus, the payments can continue smoothly without needing a new mandate or manual payment later.
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