What happens to money invested in SIP after income suddenly stops?
If regular income stops suddenly, money already invested through a Systematic Investment Plan (SIP) remains in the mutual fund and fluctuates with market movements. Stopping an SIP does not withdraw existing investments, which remain as a lump sum. According to NDTV Profit, most Indian mutual fund houses allow missed instalments for up to three months before cancelling the SIP mandate.
read more at NDTV Profit


