Index fund corner
Sponsored
| Name of the scheme | 1-year back | Invest now | Fund category | expense ratio |
|---|---|---|---|---|
| Axis Nifty 50 Index Fund | +32.80% | Invest now | Equity: Big Cap | 0.12% |
| Axis Nifty 100 Index Fund | +38.59% | Invest now | Equity: Big Cap | 0.21% |
| Axis Nifty Next 50 Index Fund | +71.83% | Invest now | Equity: Big Cap | 0.25% |
| Axis Nifty 500 Index Fund | , | Invest now | Equity: Flexi Cap | 0.10% |
| Axis Nifty Midcap 50 Index Fund | +46.03% | Invest now | Equity: Mid Cap | 0.28% |
The campaign comes after some time, when NPCI addressed concerns over the so -called ‘Jumped Deposit’ scam, reiterating the safety and reliability of the UPI platform.
General UPI myth and facts
myth: Opening UPI or banking app automatically approves payment requests.
fact:
Just an UPI or bank app opening does not authorize the transaction. Users must navigate at payment request and clearly select the “pay” option, then to enter the UPI PIN, for a transaction.
myth: External parties can directly withdraw money from your account.
fact: No external party can start or remove funds directly. The UPI links are safely eaten for the user’s registered mobile number and device. Only the user can only start transactions or withdrawal.
myth: Entering UPI PIN for balance check automatically approves payment requests.
fact: While an UPI PIN needs to check the account balance, it does not automatically authorize payment or return requests. These are considered separate, as transactions launched by the user.
The NPCI said that UPI works with strong security measures and regulatory inspections. Users can rely on the platform for secure, real -time digital payments, it said.
(Tagstotransite) UPI (T) UPI Payment (T) Digital Payment (T) NPCI on UPI Payment (T) UPI Myth (T) UPI facts
