At UTI Mutual Fund, we’re always working towards making investing simpler, faster, and more convenient for you. And now, we’re excited to announce the launch of UPI AutoPay for Systematic Investment Plans (SIPs) on our website and mobile app — a game-changing feature that makes setting up and managing your SIPs even easier!
Whether you're a new investor starting your first SIP or a seasoned one looking for a faster way to automate your investments, UPI AutoPay brings you unmatched convenience, security, and flexibility.
What is UPI AutoPay?
UPI AutoPay is a feature powered by NPCI (National Payments Corporation of India) that allows users to automate recurring payments through UPI, without the need for manual intervention each time. With UPI AutoPay, investors can now authorize their SIPs using a UPI-enabled app (like Google Pay, PhonePe, Paytm, BHIM, etc.) and enjoy seamless auto-debit from their bank account.
Why Choose UPI AutoPay for SIPs?
✅ Instant Setup: Set up your Bank mandate in minutes — no more waiting to add biller/payee through net banking or submitting physical forms.
✅ No More Missed SIPs: Once authorized, your SIP instalments get auto-debited on the due date, ensuring consistency & discipline in investing.
✅ 100% Paperless: The entire journey — from registration to mandate creation — is digital and user-friendly.
✅ Secure & Trusted: UPI AutoPay is regulated by NPCI and works across all major UPI apps and banks.
✅ Flexible Limit Setting: You can authorize mandates of up to ₹1,00,000 per debit through UPI AutoPay. Higher amount mandates can be set up using net banking or debit card.
How to Start a SIP Using new UPI AutoPay on Our Platform
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Login to UTI MF website or App
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Select the folio and desired scheme, then fill in all the SIP details
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Choose new UPI Mandate as the SIP Payment Option. Fill the requested mandate details to proceed.
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Enter the OTP received on your email and mobile to authorise the request.
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That’s it! Your SIP in the chosen UTI MF scheme is now regsitered active with UPI AutoPay and will start debiting from the selected SIP date.
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In fact, for your next SIP you can now use the same autopay
Making SIPs Smarter for Every Indian
SIPs have long been one of the smartest and simplest ways to build wealth over time. With the integration of UPI AutoPay, we are taking a step forward to make SIPs more accessible and frictionless for every investor.
UPI AutoPay is available for all retail investors with a valid UPI ID linked to a bank account. Whether you're investing in equity, hybrid, debt, or tax-saving mutual funds, you can use this feature to automate your SIP contributions up to ₹1,00,000 per transaction. No paperwork, no delays, no hassle — just simple, automated investing, right from your mobile or computer.
Log in to our website or download the UTI MF App to start your SIP using UPI AutoPay.
Invest Smart, Get Started Today!
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.