mutual fund

Tag: mutual fund

SEBI’s New UPI Rule: Major Step to Protect Investors from Fraud

2025-06-17 Niranjan Ghatule

SEBI introduces a new rule effective from 1st October 2025 mandating brokers, mutual funds, and financial entities to use UPI IDs ending with "@valid". This major step aims to protect investors from online frauds by ensuring payments are made only to verified entities. SEBI also launches a verification tool to help investors confirm the legitimacy of UPI IDs before transferring funds.

SEBI’s New UPI Rule: Major Step to Protect Investors from Fraud

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