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@matt86 Sorry friend but you couldn't be more wrong here. This still remains very relevant. NPCI tries to clear the fund on same day after it receives them, that need not be the same as the day on which a user actually places an order in a mutual fund. Just try placing a Lumpsum order in a...

@ilykmtns CAMS, Karvy, BSE are not distributors. CAMS and Karvy are RTAs. Regardless of what you do, where you transact from or even if you place orders on AMC website. they will be involved in order processing. They are like back-offices for AMCs. Their involvement will have no impact on...

@karenhampton @karenhampton I had posted this as a separate comment, tagging you to make sure that you get the message (yes, I am a noob in reddit 🙈) - I feel for you as a fellow investor. At the same time, you might just be moving from one type of problem to another. First thing that every...

@vtachy Its not that straightforward. Even AMCs have to use some payment gateway and still complete payment reconciliation at their end. I know for sure that some AMCs have terrible payment gateway integrations and some are just operationally inefficient. I would rather stick to BSEStarMF...

@resjudicata MFs do accept UPI payments. Groww and Kuvera are 2 platforms which I recall to be accepting UPI payments for sure. I am sure there are many more. Also, I never use UPI as a payment mode for investing as UPI in general has a terrible failure rate and it has only been getting worse...

@megusta For anyone who wants to understand why this is happening. You first need to understand that this was already happening for all Liquid fund orders and any orders above Rs 2,00,000. Now, there are 2 questions to clarify- 1- Why was this already happening for all Liquid fund orders and...