Methods to cancel a SIP online: Log in to your account: Access your account on the online investment platform. Locate the SIP: Identify the SIP you wish to terminate. Initiate the cancellation process: Follow the platform's guidelines to initiate the cancellation request.

First, go to the website of the Asset Management Company where your SIP is registered, such as HDFC, ICICI Prudential, or Franklin Templeton. Log in to your account using your credentials. Select the SIP that needs to be cancelled. Find the cancel SIP option and click.

To cancel SIPs offline, the investor must get a cancellation form and fill it up before submitting it to an AMC branch office or an RTA office. Investors can also terminate plans online through the AMC or KRA websites. Online cancellation is significantly more convenient.

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