Now you can cancel SIP just 3 working days before the monthly debit day: SEBI asks MFs to process it within 2 working days
New Mutual fund SIP cancellation rules: The Securities and Exchange Board of India (SEBI) has revised the rules applicable for cancellation of a mutual fund SIP with effect from December 1, 2024. Now a SIP cancellation request have to be honoured within 2 working days. Experts say this will help you save money. Read to find out why.