MF AutoPay
Process, charges and more
When setting up Auto-Pay for your investments, you might see an amount of ₹1L. This figure represents the maximum amount that can be deducted in a single day for your investments. For example, if your SIP amount is ₹5,000, only ₹5,000 will be deducted through your mandate, not ₹1L. So, don't worry - only your actual SIP amount will be deducted through your mandate!
Related FAQs

