Knowledge Center
To give them time to review their financial plans, rather than cancel them, “Pause” facility in SIP helps investor temporarily stop his SIP debits for a few month(s) and restart his Systematic investments.
The Pause facility is available for all SIPs that registered with UTI Mutual Fund using any of the modes (Physical / Electronic). However, this facility will not be available for Mandates registered under Standing Instruction mode under Direct Debit arrangement.
In all such cases, the “Pause” requests received from investors whose SIP is registered under Standing Instruction mode under Direct Debit arrangements will be verified at the back end and the inability to process “Pause” request would be communicated to the investor from Back Office.
Any SIP that has been registered on the third party platforms like, Stock Exchanges, Distributors, etcs., cannot be paused under this facility.
The Pause Facility is available in all the Schemes that are eligible for SIP, except UTI ULIP.
