Investors are shutting down mutual fund (MF) SIP accounts at a record pace amid mounting equity market volatility. In December, 4.5 million SIP accounts were discontinued — the highest number ever ...

Purchases of mutual funds can be made with lump-sum investments or through a systematic investment plan (SIP). While a mutual fund is an investment product, a SIP is an investment plan that ...

Mutual fund houses don’t impose penalties for missed SIP payments, but banks may charge fees for insufficient funds or dishonoured auto-debit requests. These charges differ across banks and typically ...