Can I change a SIP/STP or SWP Amount?
You will not be able to update your SIP/ STP or SWP amount directly. If you want to increase your SIP/STP or SWP amount, you can start a new SIP/STP or SWP for the additional amount. So if you already have a SIP running for Rs.1000 and you want to increase your investment to Rs.1,500, you need to start a new SIP of Rs. 500 and also continue older SIPs.
If you want to reduce your SIP/STP or SWP amount, you will have to cancel your current SIP and start a new SIP with the lower amount. To cancel SIP/STP or SWP, please go to Portfolio -> Active SIP. You will find a list of all the active SIP/STP or SWP. You can choose the order that you want to cancel and your subsequent transactions will not be processed.
Please note if you stop a SIP, your existing investment will not be sold off. The invested amount in the fund will remain invested. However, the investment from next instalment will stop.