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UPI MDR on mutual funds: Experts explain how investors could bear the charge and its impact on returns | Mint

21 Sep 2026, 18:29 GMT By Sheetal Goel
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Article UPI MDR on mutual funds: Experts explain how investors could bear the charge and its impact on returns | Mint
Credit: Sheetal Goel

UPI payments for mutual fund and other capital-market transactions will attract a 0.02% MDR from October 15, 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.