SIP redeem

After how many installments there is redeem option show in sip section

Hi @113865658306027582755, you can redeem your SIP investments, but it depends on the specific mutual fund scheme. For funds without a lock-in period, you can usually redeem even after just one installment. However, some schemes may charge an exit load if you redeem early—for example, a 1% fee for redemptions within 1 year.

This also depends on the scheme, as some may have no exit load or different conditions for early redemptions. For funds with a lock-in period (like ELSS funds with a 3-year lock-in), redemption is only possible after the lock-in period ends. Always review the terms of the scheme for detailed redemption rules.