How SEBI is Making Mutual Fund Investments via UPI Safer from October 2025

Each SEBI-registered intermediary will have a special UPI ID format, which consists of two parts: 

So, as per the new UPI ID MF format, October 2025, a mutual fund’s UPI ID will always look like fundname.mf@validbankname

For the payments made to registered market intermediaries, through the the “@valid UPI handle for MF”, a green triangle will be displayed with a thumbs-up symbol - 

If you see this icon, it means the intermediary is registered and verified. However, if the icon is missing, it may not be a genuine entity, and you should not transfer funds. 

The daily transaction limit for investment-related UPI payments is ₹5 lakh per day (depending on your bank or UPI app). 

SEBI is creating a new online tool called “SEBI Check.” Using it, you can confirm whether a UPI ID or bank account really belongs to a SEBI-registered intermediary.

You can use this tool in two ways:

1. By scanning the QR code given by the intermediary 
   
   or
    

2. By manually entering the UPI ID.

The tool will show verified details such as the intermediary’s name, bank account number, and IFSC code.

Tata Mutual Fund (TMF) has created these SEBI-validated UPI IDs for investor payments:

For new SIPs, renewals, or extensions (after October 1, 2025) of existing SIPs, you must use these Tata mutual fund UPI handles. Additionally, you should also check the green thumbs-up icon in your UPI app when making a payment. This confirms the ID is verified.

In response to the SEBI circular, Tata Mutual Fund™ has already:

• Obtained the validated UPI IDs (as mentioned above)

• Integrated these IDs into the payment process on its website and apps.

• Published FAQs to guide investors on how to use the new UPI IDs safely

So, from 01st October 2025, whenever you make a new investment through UPI, make sure you see two things: ‘@valid’ in the UPI ID, and a green thumbs-up icon. These confirm your money is reaching a genuine SEBI-registered mutual fund or intermediary.

Tata Mutual Fund™ has already complied with the latest SEBI circular by obtaining and integrating its verified IDs:

• tatamf.cpaypurchase.mf@validicici” for lump sum investments

  and

• tatamf.cpaysip.mf@validicici” for SIP mandates

Additionally, relevant educational content in the form of FAQs has been added on the website for investor education.

• The views mentioned above are for information & educational purposes only and do not construe to be any investment, legal, or taxation advice. Investors must do their own research before investing. 

• The views expressed in this article are personal in nature and in no way trying to predict the markets or to time them.

• Any action taken by you on the basis of the information contained herein is your responsibility alone, and Tata Asset Management Pvt. Ltd. will not be liable in any manner for the consequences of such action taken by you. 

• Please consult your Mutual Fund Distributor before investing. 

• The views expressed in this article may not reflect in the scheme portfolios of Tata Mutual Fund. 

• There are no guaranteed or assured returns under any of the schemes of Tata Mutual Fund.