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How to close Motilal Oswal mutual fund?

Motilal Oswal Account Opening

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You can cancel a Motilal Oswal Mutual Fund online or offline. For steps to cancel online or to stop SIP, follow the below mentioned steps:

  1. Open the Motilal Oswal Mutual Fund platform, select Existing Investor under the MF Investor tab.
  2. Enter your PAN number and click the "Generate OTP" button.
  3. The OTP will be sent to your registered email ID and mobile number. Therefore, make sure both are up to date.
  4. Enter the OTP and click on "Send".
  5. On the home page, select the "Systematic Investment" option. An option list will appear, select the "Cancel SIP (Online/Offline)" option.
  6. This will take you to the next page. On the next page, enter the folio number and click "Submit".
  7. Enter a date for the effective cancelation and click "Submit".
  8. Confirm the action by clicking "Confirm". Mutual Fund SIP will be canceled.

 

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