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| Scheme Name | 1-Year Return | Invest Now | Fund Category | Expense Ratio |
|---|---|---|---|---|
| Axis Nifty 50 Index Fund | +32.80% | Invest Now | Equity: Large Cap | 0.12% |
| Axis Nifty 100 Index Fund | +38.59% | Invest Now | Equity: Large Cap | 0.21% |
| Axis Nifty Next 50 Index Fund | +71.83% | Invest Now | Equity: Large 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% |
How it works
Traders can use Paytm UPI to block funds in their bank accounts instead of transferring money to brokers.
The blocked amount remains in the user’s account, earning interest until a trade is executed.
Once a trade is completed, the brokerage app automatically deducts the required amount without requiring a UPI PIN.
Users can track and manage their blocked funds directly through the Paytm app.
Supported banks and future expansion
Currently, this feature is available for UPI handles of Axis Bank (@ptaxis) and Yes Bank (@ptyes). It will soon extend to State Bank of India (@ptsbi) and HDFC Bank (@pthdfc), enhancing accessibility for more traders.
Key benefits
- No large transfers: Users no longer need to transfer significant funds to brokerage accounts.
- Continued interest earnings: Funds remain in bank accounts and continue to earn interest.
- Transparency: Users can track blocked funds on the Paytm app.
- Automatic payment deduction: Once a trade is executed, the amount is deducted without needing a UPI PIN.
How to enable UPI trading blocks
- Log in to your brokerage account.
- Navigate to the ‘Add Funds’ section.
- Select ‘Single Block Multiple Debits.’
- Choose Paytm UPI as the payment option.
- Enter your UPI PIN to complete the setup.
First Published: Mar 4, 2025 1:00 PM IST
