Pause SIP in ICICIDirect?

[nikhilfake]

Hi guys,

Seeing the mkt rally, I want to avoid my this month's SIPs and restart them next month. Is this possible in ICICIDirect website ? Short of canceling the whole SIP plan and then creating a new one next month?

Also how long does it take to actually cancel the SIP plan?

thanks!
Nikhil

 

[drsambu123]

Hi guys,

Seeing the mkt rally, I want to avoid my this month's SIPs and restart them next month. Is this possible in ICICIDirect website ? Short of canceling the whole SIP plan and then creating a new one next month?

Also how long does it take to actually cancel the SIP plan?

thanks!
Nikhil

I dont know about ICICI. But my account is with sharekhan in which just i skip transfering the money to mutual fund account. So just this month sip will not be executed....
Am also planning to skip this month SIP, unless some correction.....

 

[Nava]

Hi guys,

Seeing the mkt rally, I want to avoid my this month's SIPs and restart them next month. Is this possible in ICICIDirect website ? Short of canceling the whole SIP plan and then creating a new one next month?

Also how long does it take to actually cancel the SIP plan?

thanks!
Nikhil

Yes, you can cancel the SIP and create new from next month in ICICI direct.
The cancellation effect from the day you cancel it.
You will received the confirmation mail on that dayitself.

 

[blueninja]

Yes, you can cancel the SIP and create new from next month in ICICI direct.
The cancellation effect from the day you cancel it.
You will received the confirmation mail on that dayitself.

Hi



Is it important to cnxl sip when market is high , i think not