After the SIP tenure ends, your investments remain in the fund, and you can redeem them or continue to hold for further growth.

If you miss a payment due to insufficient funds, the SIP will skip that installment, but it will continue from the next scheduled date. Repeated failures may lead to cancellation…

Taxation depends on the type of mutual fund: Equity funds: Gains on investments held for more than 1 year are taxed as long-term capital gains (LTCG). Debt funds: Gains on…