Payment Modes – Accepted Options for Investment

Pursuant to SEBI circular no. SEBI/HO/IMD/DF2/CIR/P/2020/175 dated September 17, 2020 read with circular no. SEBI/HO/IMD/DF2/CIR/P/2020/253 dated December 31, 2020, effective from February 1, 2021, the applicable NAV in respect of purchase of units of mutual fund scheme shall be subject to realization & availability of the funds in the bank account of mutual fund before the applicable cut off timings, irrespective of the amount of investment, under all mutual fund schemes.

  1. 1) To know more about payment modes available:
    • a) Lump Sum Investments and their efficiency in the hierarchy of best to worst Click Here
    • b) SIP Investments and their efficiency in the hierarchy of best to worst Click Here
  2. 2) Bank efficiencies in terms of providing credit to mutual funds on the same day before cut-off timings on which investors’ account is debited:
    • a) NPCI (National Payments Corporation of India) Click Here
    • b) Payment Aggregators (for e.g. Google Pay, Amazon Pay, PayTM)

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