Introducing: UPI AutoPay for Mutual Funds

How will sip modification work in this case? Say today i start an sip with 10000 and later on i change the amount to 15000 so do we need to again make the first installment with updated amount while modification?
With e-nach i believe we have option to set maximum auto pay limit irrespective of sip amount so modifying sip amount won’t be an issue as per my understanding.

Existing SIP mandate will be revoked and new mandate with updated amount will be created for autopay in this case.

@Radhika

I appreciate for introducing UPI AutoPay for Mutual Funds, good work.

However, it woulb be great and helpful if the team could prioritize the Mutual Funds availability on our Web platform too. I prefer placing orders or comparing mutual funds through Web platfrom than mobile App and having this feature could make Dhan stand in line with it’s competitors like Zerodha or Groww who already have this features years ago.

Thank you!

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Hi @Poornima . The secondary account availability for MF’s vanished again after activating Demat MF’s for both modes of investment i.e.,Demat and SOA. Please look into this.