Your Guide on How to Change SIP Amount
Systematic Investment Plans (SIPs) are a popular investment option for mutual funds in the UAE. Through this route, you can easily invest in your favourite mutual funds at your decided frequency. However, considering the ever-changing financial circumstances and requirements, the query of ‘can we increase SIP amount in between’ often surfaces. read more
4.7/5
43,082
ReviewsCentral Bank UAE Registration No.: - 123
Insurance Partners
Trusted Customers
Policies Sold
Get AED 1 Million Returns*
Top Investment Plans in UAE
Some of the best Investment quotes in UAE & Dubai are:
Can I Change Amount in SIP?
It’s important to be clear from the start — you won’t find many options if you’re wondering “Can I change my SIP amount?”
The only major options in this scenario are SIP top-ups and cancellation. However, there is one more way, although its availability depends on your broker.
How to Change SIP Amount?
As mentioned earlier, the increase or decrease in SIP amount can be primarily made through a few options.
Let’s discuss each one in more detail here —
1. Via Top-ups
Top-up SIPs, also known as step-up SIPs, allow you to increase your contributions at defined intervals. Here, the amount that you invest in a specific period increases by a fixed amount or percentage.
Here’s an example of the same —
Both Aman and Bilal invest AED 2,000 per month in SIPs and decide to go for a top-up every year.
Aman chooses a percentage increase at the rate of 10%. Bilal, meanwhile, opts to increase the amount by AED 200.
Here’s how their investments will look like in the future —
|
Year |
Investment Amount for |
|---|---|
|
1st |
Aman: AED 2,000 |
|
2nd |
Aman: AED 2,200 |
|
3rd |
Aman: AED 2,420 |
|
4th |
Aman: AED 2,662 |
This type of SIP amount increase is ideal for salaried individuals who receive regular half-yearly or yearly increments. In this case, SIP contributions are automatically increased considering the increment in your salary without any manual intervention.
Note: SIP top-ups are possible only at certain intervals.
2. Via Policy Cancellation
If the purpose behind your query of ‘can I change my monthly SIP amount’ is to decrease your regular investment amount, you cannot take an SIP top-up.
In such a case, you can simply cancel your existing SIP. Once done, you can start a new one at a lower amount that matches your requirements.
To cancel your SIP, you will need to submit a request to the fund house. This can be done offline or through its website or mobile app.
Important: Keep in mind that early exits can bring exit charges and more. Furthermore, your investment goals can be impacted. Thus, it is advisable to have a word with a financial advisor before making any changes.
3. Via Broker’s Website
You don’t always need to cancel or start a new SIP — some brokers offer you the option to modify your SIPs in a few simple steps.
- Visit the broker’s site
- Choose the ‘SIPs’ option under ‘Mutual Funds’
- Choose the SIP you want to modify
- Select the option to edit or modify SIP and save the changes
Can we increase the amount in existing SIP?
Yes, you can increase the investment amount in your SIP via SIP top-ups. The increase can be in terms of a fixed percentage or amount.
How to decide how much amount to change in SIP?
With SIP top-ups, you can consider the general inflation rate or the average increment in your salary over the years and match the increase rate accordingly. However, before making a decision, consider your liabilities, family planning, and other factors as well.
More From Investment
- Recent Articles
- Popular Articles
Last Updated : 18 Jun 2026ELSS vs Equity Mutual Funds: Key Differences, Benefits & Which is BetterCompare ELSS vs equity mutual funds. Understand the difference between ELSS and equity mutual fund investments, tax benefits, lock-in periods, liquidity, returns, and which option suits your financial goals better.
Last Updated : 18 Jun 2026SGB vs Mutual Funds: Which Investment Option is Better for UAE Expats in 2026Compare SGB vs mutual funds in 2026 for UAE expats and residents. Understand sovereign gold bonds vs mutual funds, returns, risks, taxation, liquidity, and which investment option suits your financial goals better.
Last Updated : 18 Jun 2026Best SBI Investment Plans for 3 Years in 2026 for UAE NRIsDiscover the best SBI investment plans for 3 years in 2026 for UAE NRIs and expats. Compare SBI SIP plans, mutual funds, FDs, debt funds, and hybrid funds for stable returns and long-term growth.
Last Updated : 04 May 2026Mutual Fund Interest Rates & Returns Explained | Average & High Return Mutual FundsUnderstand mutual fund interest rates and what drives returns. Learn about average mutual fund returns, high return mutual funds, and how NRIs can maximise long-term growth.
Last Updated : 30 Apr 2026How to Start Investing at 25 with ₹30,000 Salary | Best Investment Plan for 25 Year OldLearn how to start investing at 25 with a ₹30,000 salary. Discover the best investment plan for 25 year old, SIP strategies, and where to invest for long-term growth from the UAE.
Last Updated : 15 Apr 2026Silver ETF: Best Silver ETFs, Returns & Why UAE Investors Are Buying in 2026Explore what a silver ETF is, best silver ETFs, returns, and why they are outperforming stocks in 2026. Learn how UAE investors can invest in silver ETF stocks for diversification.
Last Updated : 11 May 202610 Best Mutual Funds in UAE to Invest to Right NowDiscover the top 10 best mutual funds in UAE and Dubai for 2026. Compare performance, features, and find the best mutual fund investment in UAE for your goals.
Last Updated : 18 Jun 2026Top 10 Best Trading Platforms in UAE, Dubai (2026)Explore the 10 best online trading platforms in the UAE, including eToro, Plus500, and Interactive Brokers. Learn about their features, benefits, and safety measures for both beginners and seasoned traders.
Last Updated : 25 Jun 202615 Best Short Monthly Investment Plan in UAE with High ReturnsRecurring Deposits (RDs) are among the best monthly investment plans in UAE for those who prefer to save consistently over time.
Last Updated : 02 Jul 2026Top 10 Best gold Shops to buy gold in Dubai, UAEHere we have listed down the top 10 gold shops to buy gold in the UAE that has a great reputation in the market and sell pure quality of gold.
Last Updated : 10 Dec 2025 How to Invest AED 10,000 in UAE to Multiply Your Money?Explore the best investment plans in UAE's thriving market to invest your AED 10000 to help you turn your savings into a profitable venture.- Last Updated : 08 Jul 2026Gold Rate in Abu Dhabi – 22K & 24K Gold Price in AEDCheck gold rate in Abu Dhabi for 18K, 21K, 22K, and 24K gold. View real-time gold prices per gram, historical trends, price charts, and expert insights before buying gold in Abu Dhabi.
Reviews