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UPI-Mandates-for-MF-SIP
Recently, the regulator allowed the mutual fund SIPs through the UPI route. This is expected to give a boost for the investment in mutual funds, especially in a lot of semi-urban and rural areas where UPI is a much more accepted form of payment. Let us first how UPI will change the dynamics of mutual fund investments and then look at the unique advantage that UPI will bring to the table in this specific case.
UPI-Mandates-for-MF-SIP
Recently, the regulator allowed the mutual fund SIPs through the UPI route. This is expected to give a boost for the investment in mutual funds, especially in a lot of semi-urban and rural areas where UPI is a much more accepted form of payment. Let us first how UPI will change the dynamics of mutual fund investments and then look at the unique advantage that UPI will bring to the table in this specific case.