India Fintech & UPI
UPI dominates Indian payments: it processed 10,637 crore transactions in H1 2025, 85% of digital payment volume (RBI). Retail investing follows: 101,040,351 mutual fund SIP accounts were open in August 2026, with INR 30,837.60 crore flowing in that month (SEBI).
20 verified facts tracked for this market — each with its source, reporting period and evidence tier. Tier 1 = primary institutions (central banks, statistical offices); tier 2 = disclosed industry panels.
| Metric | Value | Geo | Period | Tier | Source |
|---|---|---|---|---|---|
| Maximum RBI auto-reversal timeline for failed UPI merchant payment confirmation | 5days after transaction | India | in force from 2019-10-15 | T1 | rbi.org.in |
| Maximum RBI auto-reversal timeline for failed UPI funds transfer | 1day after transaction | India | in force from 2019-10-15 | T1 | rbi.org.in |
| UPI transaction volume, India | 10637crore transactions | IN | H1 2025 | T1 | rbi.org.in |
| UPI share of India digital payment transaction volume | 85percent | IN | H1 2025 | T1 | rbi.org.in |
| Cumulative investments made by SEBI-registered Angel Funds, India | 5,610INR crore | IN | 2026-Q2 | T1 | sebi.gov.in |
| UPI merchant discount rate on P2M transactions above INR 2,000 | 0.4percent of transaction value | IN | 2026-10 | T1 | npci.org.in |
| Growth in aggregate deposits of scheduled commercial banks, financial year so far, India | 4.3percent | IN | 2026-09 | T1 | rbi.org.in |
| Monthly gross registration rate of new mutual fund SIP accounts, India | 5.87percent/month | IN | 2026-08 | T1 | sebi.gov.in |
| Net assets under management of the Indian mutual fund industry | 8707887.76INR crore | IN | 2026-08 | T1 | sebi.gov.in |
| Mutual fund SIP accounts matured during the month, India | 176844accounts/month | IN | 2026-08 | T1 | sebi.gov.in |
| Net monthly growth of mutual fund SIP accounts, India | 1.15percent/month | IN | 2026-08 | T1 | sebi.gov.in |
| Number of SEBI-registered portfolio managers reporting for the month, India | 511portfolio managers | IN | 2026-08 | T1 | sebi.gov.in |
| Monthly premature termination rate of mutual fund SIP accounts, India | 4.54percent/month | IN | 2026-08 | T1 | sebi.gov.in |
| Closing number of mutual fund SIP accounts, India | 101040351accounts | IN | 2026-08 | T1 | sebi.gov.in |
| Mutual fund SIP accounts terminated prematurely during the month, India | 4532805accounts/month | IN | 2026-08 | T1 | sebi.gov.in |
| Number of discretionary portfolio-management clients, India | 215697clients | IN | 2026-08 | T1 | sebi.gov.in |
| Monthly SIP contribution inflow into Indian mutual funds | 30837.60INR crore/month | IN | 2026-08 | T1 | sebi.gov.in |
| Mutual fund SIP accounts newly registered during the month, India | 5861964accounts/month | IN | 2026-08 | T1 | sebi.gov.in |
| Angel Funds minus Venture Capital Funds: cumulative net investments-to-funds-raised ratio difference | 0.956843percentage points | IN | 2026-06-30 | T1 | sebi.gov.in |
| Private-sector share of net inflows into Indian mutual funds | 88.73percent | IN | 2026-04/2026-08 | T1 | sebi.gov.in |
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