Mutual fund houses don’t allow reducing SIP amount midway
To reduce your monthly mutual fund SIP commitment, one of the easiest ways, is to stop all or a few of them and later restarting a new one
Think about it. You quit your job without an alternative on hand. Or you get fired. You invest in mutual funds (MF) and your systematic investment plans (SIPs) are going on. But with no job on hand and suddenly no income to fund them, what can you do?