Friends,
I am running 5 SIPs with HDFC ISA. I started all these SIPs 10 months back and now wanted to do a re-balancing by closing/stopping 2 of them and starting 2 new with diffrent funds. But I DO NOT see any link of facility to STOP these SIPs.
There are links to Redeem, Switch, Transfer, but no link to STOP. I think Redeem will redeem a portion or all the unit of a holding, but SIP will still continue - whereas I want to stop, so that I can start new.
I called up HDFC bank customer support also, but to my surprise, looks like they do not understand ISA norms and were directing me to HDFC Mutual Funds branch.
Someone please help me.
Best, Rishi
I am running 5 SIPs with HDFC ISA. I started all these SIPs 10 months back and now wanted to do a re-balancing by closing/stopping 2 of them and starting 2 new with diffrent funds. But I DO NOT see any link of facility to STOP these SIPs.
There are links to Redeem, Switch, Transfer, but no link to STOP. I think Redeem will redeem a portion or all the unit of a holding, but SIP will still continue - whereas I want to stop, so that I can start new.
I called up HDFC bank customer support also, but to my surprise, looks like they do not understand ISA norms and were directing me to HDFC Mutual Funds branch.
Someone please help me.
Best, Rishi