If a mutual fund scheme is suspended or closed by its Asset Management Company (AMC), it can affect your ongoing SIPs and existing holdings. These actions are usually taken due to regulatory orders, liquidity issues, fund mergers, or permanent winding-up.
Scenario | Outcome |
---|---|
You have an active SIP in the scheme | SIPs are automatically paused or cancelled. No further debits will occur. |
You already hold units | Your units remain in your Demat account and continue to reflect in your portfolio. |
You want to redeem your holdings | Redemption depends on the AMC. Suspended schemes may allow or restrict redemptions; closed schemes proceed to payout post-liquidation. |
The scheme is reopened | SIPs will not resume automatically. You'll need to restart them manually. |
The scheme is closed | Proceeds are credited to your registered bank account. A detailed closure report is shared by the AMC. |
Scenario | Explanation |
---|---|
You still see the scheme in your portfolio after closure | It may take time to update. Check your fund statements or contact support if it remains listed. |
You haven’t received your payout | Wait until the AMC completes liquidation. If delayed, reach out with your investor details. |
You missed the closure communication | AMC and FYERS send multiple updates via SMS, email, and statements. Check all linked channels. |
Last updated: 11 Sep 2025