18/09/2026
*UPI MDR: What Mutual Fund Investors Need to Know*
From 15 Oct 2026, revised UPI MDR rules will apply.
🔹 *One-time UPI payment for Mutual Funds:*
MDR of 0.02%, capped at ₹300 per transaction.
🔹 *SIP through UPI AutoPay/Mandate:*
No prescribed MDR- recurring SIPs continue to be treated separately.
*👉 In Short:* Investor's regular SIP through UPI AutoPay is not affected. The new MDR mainly applies to one-time UPI payments for mutual funds.
*P.S. What is MDR?*
MDR is simply a small payment-processing fee paid within the merchant ecosystem; not a separate UPI charge directly paid by the investor.
