Quote Originally Posted by Deep Blue View Post
2)Can I cancel a SIP at any time? Suppose I created a SIP for 12 months and after 4-5 months I don't want to continue. Can I cancel it? Any charges apply?If it is allowed and there are no charges then why the duration for SIP at the time of its creation is not "flexible" and minimum (I saw in case of HDFC/Sundaram) was 12 months?

Thanks in advance
Deep Blue
What I saw on icicidirect was that if I chose monthly investments then the SIP duration can't be lower than 12 months.
Anyway, as there are no cancellation charges, one can always cancel the SIP after 6 months.