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UPI MDR explained: Will mutual fund SIPs and lumpsum investments be affected?

1 source · first seen 16:03 25 Sept · updated 16:03 25 Sept

The brief

Written from 1 report · check the source before you trade
  • New 0.02% MDR applies to select one-time UPI payments
  • UPI is used for mutual fund lump-sum investments and SIP mandates
  • Any payment-cost changes may affect Indian mutual fund investors and UPI payment providers

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54 stories this week
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  2. 27 SeptSupreme Court to hear challenge to MDR on UPI merchant payments above ₹2,000Legal · 7 sources · The Supreme Court will hear the plea on Monday
  3. 27 SeptWho Absorbs UPI MDR? NSE CEO Rules Out Govt Talks As 0.02% Fee On Capital Markets Nears KickoffPolicy · 1 source · NSE CEO Ashish Chauhan said there were no government talks on the new UPI MDR
  4. 26 SeptNSE MD says no govt talks on new UPI MDR1 source
  5. 26 SeptNSE chief says no government talks on UPI MDR; brokers and clients should resolve disputePolicy · 2 sources · NSE CEO Ashish Chauhan said there have been no government talks on a new UPI MDR
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Read the reports

1 report · earliest 16:03
Economic TimesUPI MDR explained: Will mutual fund SIPs and lumpsum investments be affected?16:03