Piali Chatterjee (name changed) started investing through the SIP (Systematic Investment Plan) mode in a Mutual Fund (MF) scheme of one of the biggest Asset Management Companies (AMCs) through a demat account provided by one of the largest MF distributors.
Recently, she logged in her demat account to stop the SIP. Though the options of redemption, Systematic Withdrawal Plan (SWP), Systematic Transfer Plan (STP) etc were available in the demat account, there was no option available to stop the SIP.
