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UPI MDR on mutual funds: Experts explain how investors could bear the charge and its impact on returns
UPI payments for mutual fund and other capital-market transactions will attract a 0.02% MDR from 15 October, capped at ₹300 per transaction. While the charge is meant to be borne by merchants, experts explain how investors could be affected if it is passed on to them.
If you invest in mutual funds and make transactions through UPI, there is a new charge you should be aware of as of 15 October.
A 0.02% Merchant Discount Rate (MDR) will apply to capital-market transactions, including payments towards mutual funds, s... [3995 chars]
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