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SIP Cancellation come Redemption Form Date: To The Trustee, ICICI Prudential Asset Management Company Ltd. Dear Sir/ Madam, For use of AMC: Please redeem the units or Rs. from folio no. Scheme ICICI
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How to fill out sip cancellation-cum-redemption form

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How to Fill Out SIP Cancellation-Cum-Redemption Form:

01
Obtain the form: The first step is to obtain the SIP cancellation-cum-redemption form. This form can be obtained from the mutual fund company or downloaded from their website. Make sure you have the latest version of the form.
02
Provide personal details: Start by filling in your personal details such as your name, address, contact number, and email address. Ensure that all the information provided is accurate and up to date.
03
Mention the scheme details: Next, enter the details of the SIP scheme you wish to cancel or redeem. This includes the name of the scheme, scheme code, and folio number. These details can be found on your investment statement or account statement.
04
Choose the cancellation or redemption option: Specify whether you want to cancel your SIP or redeem your investment. If you choose redemption, mention the amount or number of units you wish to redeem. If you are canceling the SIP, provide the next installment date from which you want to stop the SIP.
05
Bank details: Fill in your bank details for the redemption or cancellation amount to be credited. This includes providing your bank account number, name of the bank, branch, and the IFSC code.
06
Signature and date: Finally, sign the form and mention the date of submission. Ensure that your signature matches the one registered with the mutual fund company. Incorrect or mismatched signatures may lead to delays in processing your request.

Who needs SIP Cancellation-Cum-Redemption Form:

01
Investors looking to discontinue their SIP: This form is essential for investors who wish to cancel their systematic investment plan (SIP) in a mutual fund scheme. It allows them to halt future payments and close their SIP account.
02
Investors seeking to redeem their investment: The SIP cancellation-cum-redemption form is also required for investors who want to redeem their investment partially or in full. It allows them to withdraw their funds from the mutual fund scheme.
03
Investors changing investment strategies: If an investor wants to switch to a different mutual fund scheme or change their investment strategy, they may need to cancel their existing SIP and submit a new SIP form for the desired scheme. In such cases, the cancellation-cum-redemption form becomes necessary.
Note: It is suggested to consult with your financial advisor or the mutual fund company for any specific instructions or additional documentation required for filling out the SIP cancellation-cum-redemption form.
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SIP cancellation-cum-redemption form is a form used to cancel or redeem Systematic Investment Plan (SIP) in mutual funds.
Investors who want to cancel or redeem their SIP investments in mutual funds are required to file sip cancellation-cum-redemption form.
To fill out the sip cancellation-cum-redemption form, investors need to provide details such as their mutual fund account number, redemption amount, bank details, and signature.
The purpose of sip cancellation-cum-redemption form is to process the cancellation or redemption of SIP investments in mutual funds.
Information such as mutual fund account number, redemption amount, bank details, and signature must be reported on sip cancellation-cum-redemption form.
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