Sir on 10th January Saturday I started my first sip on mutual fund after completing online payment but I am confused about next sip installment on which date my next instalment done so today I cancel my buy order I want to know when my fund get refunded
Hi @Harjot_Singh SIP installments are scheduled and triggered based on the frequency you select at the time of SIP creation (monthly, quarterly, Daily, etc.).
Since you have cancelled the buy order for the initial investment, the deducted amount will be refunded to your registered bank account within T+4 working days.
To help you better understand how SIP creation, lump sum orders, and other features work on Coin, please DM us your Client ID. We’ll arrange a callback at a convenient time and walk you through everything in detail.