Hi, I recently placed an SIP order in a fund with 3000 as initial investment and 3000 as instalment amount which will start from 1st Jan 2025. After placing the order it asked me to pay the initial investment of 3000 which I did. But Now I need to stop this SIP. In My SIP tab I will be able delete it but will I get my initial investment amount back if I delete the fund from SIP tab?
Your initial amount will remain invested in the fund even if you delete the SIP. You can check this in your holdings on Coin.
If you wish to, you can redeem the mutual fund and the amount will be credited to your bank account.