Current Affairs - Business - Discussion

Bajaj Finserv AMC introduced the ‘Pay with Mutual Fund’ feature, enabling investors to make UPI payments directly using their mutual fund holdings. This facility leverages the Insta Redemption mechanism, allowing redemption of up to ₹50,000 or 90% of the investment in real time. By partnering with fintech firm Curie Money, Bajaj Finserv ensures seamless integration of investment and payment systems, allowing users to maintain liquidity while earning higher returns than traditional savings accounts. This innovation marks a significant step in making mutual fund investments instantly usable for everyday transactions, blending investing with payment convenience.