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Fincash » Add Biller for SIP Transactions in IDFC Bank

How to Add Biller for SIP Transactions in IDFC Bank?

Updated on May 23, 2023 , 3795 views

SIP or Systematic Investment plan is a mode of investment in Mutual Funds where individuals deposit small amounts at regular intervals. In SIP transactions, people should understand that the money gets deducted at regular intervals. Therefore, in order to ensure that the entire process is hassle-free, people can to add billers to their Bank account through net banking so that the payments are done on time. This can be done with by adding the Unique Registration Number or URN of the SIP to the bank account. You will receive this URN in your email or you can get it by visiting the website of fincash.com after making your first payment. This process of adding billers to the bank account is different for each bank. So, let us understand the process of adding biller in IDFC Bank.

Login to Your IDFC Bank Account & Click on Bill Pay Option.

Any process of adding biller in the bank account starts from logging into your bank account. First-of-all, you need to login to your bank account by using your login credentials. Once you log in, you will be redirected to your home screen. In the home screen, you need to click on Bill Pay tab which is on the left side of the screen. The image for this step is as follows where the Bill Pay option is highlighted in Green.

Step 1

Click on Add Biller in Bill Pay Option

Once you click on Bill Pay tab, a drop down opens, which has various options such as View/Pay Bills, Quick Pay, Recharges, and much more. Out of these options, you need to select the Add Biller option. The image for this step is given below where the Add Biller option is highlighted in Green.

Step 2

Enter URN & Select Set for Auto Pay

This is an important step in the process of biller addition. In this step, people need to enter the URN number so that their Auto Pay option gets automated. Once you click on Add Biller option in the previous step, a new screen opens where you need to enter the Bill Details. Here, in case of the category, you need to choose Mutual Funds. In the Provider, you need to select the option BSE Limited. After choosing the provider, you need to enter the URN number which you receive in your email or you can access by logging into your fincash account. After entering the URN, you need to select the Set for Auto Pay option. The image for this step is given below where the Unique Registration Number and Set for Auto Pay option both are highlighted in Green.

Step 3

Enter Payment Details

Once you select the Set for Auto Pay in the previous step, a drop-down opens in which you need to enter the payment details such as the account number from which the SIP payment has to be done, the start date of the SIP, and the SIP amount that need to be. After entering these details, you need to click on Add Biller option. The image for this step is given below where the Add Biller option is selected in Green.

Step 4

Enter OTP

Once you click on Add Biller in the previous step, a new screen opens where you can see the details of your account you can see summary of your SIP. Along with it, you can also see that a box in which you are asked to enter the One Time Password (OTP). This OTP number is the one which you receive in your mobile number. Once you enter the OTP number you need to click on Verify button. The image for this step is given below where the OTP Box and Verify button both are highlighted in Green.

Step 5

Final Confirmation

This is the last step where you can receive the final confirmation that the biller has been successfully added. Once you click on Verify the biller gets confirmed post which the SIP payments will get deducted automatically. The image for this step is given below.

Step 6

Thus from the above steps, it can be said that it is easy to add biller for SIP transactions in IDFC Bank.

Best SIPs to Invest to Earn Better Returns

Here are some of the recommend SIPs as per 5 year returns and AUM of more than INR 500 Cr:

FundNAVNet Assets (Cr)Min SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2022 (%)
ICICI Prudential Technology Fund Growth ₹133.92
↑ 0.59
₹9,940 100 -3.2-5.44.538.319.8-23.2
Principal Emerging Bluechip Fund Growth ₹183.316
↑ 2.03
₹3,124 100 2.913.638.921.919.2
Aditya Birla Sun Life Digital India Fund Growth ₹120.83
↑ 0.59
₹3,250 100 -0.7-1.91134.719.1-21.6
SBI Technology Opportunities Fund Growth ₹142.191
↑ 0.67
₹2,812 500 -2.3-2.512.830.918.8-15.5
TATA Digital India Fund Growth ₹32.1681
↑ 0.17
₹6,765 150 -1.7-3.47.734.417.9-23.3
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 25 May 23

1. ICICI Prudential Technology Fund

To generate long-term capital appreciation for you from a portfolio made up predominantly of equity and equity-related securities of technology intensive companies.

ICICI Prudential Technology Fund is a Equity - Sectoral fund was launched on 3 Mar 00. It is a fund with High risk and has given a CAGR/Annualized return of 11.8% since its launch.  Ranked 37 in Sectoral category.  Return for 2022 was -23.2% , 2021 was 75.7% and 2020 was 70.6% .

Below is the key information for ICICI Prudential Technology Fund

ICICI Prudential Technology Fund
Growth
Launch Date 3 Mar 00
NAV (25 May 23) ₹133.92 ↑ 0.59   (0.44 %)
Net Assets (Cr) ₹9,940 on 30 Apr 23
Category Equity - Sectoral
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk High
Expense Ratio 2.07
Sharpe Ratio -1.14
Information Ratio 1.54
Alpha Ratio -0.39
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 18₹10,000
30 Apr 19₹11,028
30 Apr 20₹9,353
30 Apr 21₹20,044
30 Apr 22₹26,263
30 Apr 23₹23,421

ICICI Prudential Technology Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹493,520.
Net Profit of ₹193,520
Invest Now

Returns for ICICI Prudential Technology Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 May 23

DurationReturns
1 Month 6.8%
3 Month -3.2%
6 Month -5.4%
1 Year 4.5%
3 Year 38.3%
5 Year 19.8%
10 Year
15 Year
Since launch 11.8%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -23.2%
2021 75.7%
2020 70.6%
2019 2.3%
2018 19.1%
2017 19.8%
2016 -4%
2015 3.9%
2014 26.3%
2013 62.6%
Fund Manager information for ICICI Prudential Technology Fund
NameSinceTenure
Vaibhav Dusad2 May 203 Yr.
Sharmila D’mello30 Jun 220.84 Yr.

Data below for ICICI Prudential Technology Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Technology77.21%
Communication Services15.15%
Industrials2.36%
Energy1.98%
Consumer Cyclical0.93%
Consumer Defensive0.17%
Financial Services0%
Asset Allocation
Asset ClassValue
Cash2.2%
Equity97.8%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY
28%₹2,746 Cr21,920,552
↑ 1,471,678
Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 30 Sep 19 | TCS
18%₹1,793 Cr5,571,105
↑ 82,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL
9%₹916 Cr11,455,514
↓ -344,305
HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 20 | HCLTECH
8%₹794 Cr7,457,676
↓ -111,917
Tech Mahindra Ltd (Technology)
Equity, Since 31 Oct 16 | TECHM
6%₹620 Cr6,055,600
↑ 427,648
Wipro Ltd Shs Dematerialised (Technology)
Equity, Since 30 Sep 19 | WIPRO
4%₹397 Cr10,319,937
↑ 430,024
LTIMindtree Ltd (Technology)
Equity, Since 31 Jul 16 | LTIM
3%₹314 Cr711,307
↑ 247,100
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 22 | RELIANCE
2%₹197 Cr812,654
↑ 143,596
Persistent Systems Ltd (Technology)
Equity, Since 31 May 20 | PERSISTENT
2%₹165 Cr349,214
↑ 135,117
Zee Entertainment Enterprises Ltd (Communication Services)
Equity, Since 31 Jan 22 | ZEEL
1%₹138 Cr6,989,105
↑ 490,001

2. Principal Emerging Bluechip Fund

The primary objective of the Scheme is to achieve long-term capital appreciation by investing in equity & equity related instruments of mid cap & small cap companies.

Principal Emerging Bluechip Fund is a Equity - Large & Mid Cap fund was launched on 12 Nov 08. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 24.8% since its launch.  Ranked 1 in Large & Mid Cap category. .

Below is the key information for Principal Emerging Bluechip Fund

Principal Emerging Bluechip Fund
Growth
Launch Date 12 Nov 08
NAV (31 Dec 21) ₹183.316 ↑ 2.03   (1.12 %)
Net Assets (Cr) ₹3,124 on 30 Nov 21
Category Equity - Large & Mid Cap
AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd.
Rating
Risk Moderately High
Expense Ratio 2.08
Sharpe Ratio 2.74
Information Ratio 0.22
Alpha Ratio 2.18
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 18₹10,000
30 Apr 19₹9,232
30 Apr 20₹8,253
30 Apr 21₹13,020

Principal Emerging Bluechip Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹493,520.
Net Profit of ₹193,520
Invest Now

Returns for Principal Emerging Bluechip Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 May 23

DurationReturns
1 Month 2.9%
3 Month 2.9%
6 Month 13.6%
1 Year 38.9%
3 Year 21.9%
5 Year 19.2%
10 Year
15 Year
Since launch 24.8%
Historical performance (Yearly) on absolute basis
YearReturns
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
Fund Manager information for Principal Emerging Bluechip Fund
NameSinceTenure

Data below for Principal Emerging Bluechip Fund as on 30 Nov 21

Equity Sector Allocation
SectorValue
Asset Allocation
Asset ClassValue
Top Securities Holdings / Portfolio
NameHoldingValueQuantity

3. Aditya Birla Sun Life Digital India Fund

(Erstwhile Aditya Birla Sun Life New Millennium Fund)

A multi-sector open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100% equity, focusing on investing in technology and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other technology enabled companies. The secondary objective is income generation and distribution of dividend.

Aditya Birla Sun Life Digital India Fund is a Equity - Sectoral fund was launched on 15 Jan 00. It is a fund with High risk and has given a CAGR/Annualized return of 11.3% since its launch.  Ranked 33 in Sectoral category.  Return for 2022 was -21.6% , 2021 was 70.5% and 2020 was 59% .

Below is the key information for Aditya Birla Sun Life Digital India Fund

Aditya Birla Sun Life Digital India Fund
Growth
Launch Date 15 Jan 00
NAV (25 May 23) ₹120.83 ↑ 0.59   (0.49 %)
Net Assets (Cr) ₹3,250 on 30 Apr 23
Category Equity - Sectoral
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk High
Expense Ratio 2.19
Sharpe Ratio -0.85
Information Ratio 1.5
Alpha Ratio 3.75
Min Investment 1,000
Min SIP Investment 100
Exit Load 0-365 Days (1%),365 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 18₹10,000
30 Apr 19₹10,810
30 Apr 20₹9,787
30 Apr 21₹19,451
30 Apr 22₹24,650
30 Apr 23₹22,681

Aditya Birla Sun Life Digital India Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹493,520.
Net Profit of ₹193,520
Invest Now

Returns for Aditya Birla Sun Life Digital India Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 May 23

DurationReturns
1 Month 8.3%
3 Month -0.7%
6 Month -1.9%
1 Year 11%
3 Year 34.7%
5 Year 19.1%
10 Year
15 Year
Since launch 11.3%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -21.6%
2021 70.5%
2020 59%
2019 9.6%
2018 15.6%
2017 22.4%
2016 -3.5%
2015 11.2%
2014 21.1%
2013 50.2%
Fund Manager information for Aditya Birla Sun Life Digital India Fund
NameSinceTenure
Kunal Sangoi16 Jan 149.29 Yr.
Dhaval Joshi21 Nov 220.44 Yr.

Data below for Aditya Birla Sun Life Digital India Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Technology80.23%
Industrials8.19%
Communication Services7.48%
Consumer Cyclical2.15%
Financial Services0.06%
Asset Allocation
Asset ClassValue
Cash1.89%
Equity98.11%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY
24%₹775 Cr6,188,401
↑ 250,000
Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 30 Apr 05 | TCS
12%₹383 Cr1,190,450
↑ 50,000
HCL Technologies Ltd (Technology)
Equity, Since 31 Dec 10 | HCLTECH
9%₹300 Cr2,821,227
Tech Mahindra Ltd (Technology)
Equity, Since 31 May 13 | TECHM
7%₹221 Cr2,156,718
↑ 50,000
LTIMindtree Ltd (Technology)
Equity, Since 31 Mar 21 | LTIM
7%₹214 Cr485,179
↓ -30,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 19 | BHARTIARTL
6%₹197 Cr2,464,697
Cyient Ltd (Industrials)
Equity, Since 31 May 14 | CYIENT
5%₹154 Cr1,306,398
Coforge Ltd (Technology)
Equity, Since 30 Jun 20 | COFORGE
4%₹133 Cr317,413
Birlasoft Ltd (Technology)
Equity, Since 30 Sep 20 | 532400
2%₹81 Cr2,975,656
Sonata Software Ltd Shs Dematerialised (Technology)
Equity, Since 30 Nov 19 | SONATSOFTW
2%₹65 Cr765,145

4. SBI Technology Opportunities Fund

(Erstwhile SBI IT Fund)

To provide the investors maximum growth opportunity through equity investments in stocks of growth oriented sectors of the economy.

SBI Technology Opportunities Fund is a Equity - Sectoral fund was launched on 9 Jan 13. It is a fund with High risk and has given a CAGR/Annualized return of 19.2% since its launch.  Ranked 42 in Sectoral category.  Return for 2022 was -15.5% , 2021 was 66.4% and 2020 was 47.3% .

Below is the key information for SBI Technology Opportunities Fund

SBI Technology Opportunities Fund
Growth
Launch Date 9 Jan 13
NAV (25 May 23) ₹142.191 ↑ 0.67   (0.47 %)
Net Assets (Cr) ₹2,812 on 30 Apr 23
Category Equity - Sectoral
AMC SBI Funds Management Private Limited
Rating
Risk High
Expense Ratio 2.26
Sharpe Ratio -0.47
Information Ratio 1.04
Alpha Ratio 8.99
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-15 Days (0.5%),15 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 18₹10,000
30 Apr 19₹11,166
30 Apr 20₹10,461
30 Apr 21₹18,321
30 Apr 22₹23,200
30 Apr 23₹22,786

SBI Technology Opportunities Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹481,656.
Net Profit of ₹181,656
Invest Now

Returns for SBI Technology Opportunities Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 May 23

DurationReturns
1 Month 6.7%
3 Month -2.3%
6 Month -2.5%
1 Year 12.8%
3 Year 30.9%
5 Year 18.8%
10 Year
15 Year
Since launch 19.2%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -15.5%
2021 66.4%
2020 47.3%
2019 12.2%
2018 17.1%
2017 13%
2016 -3.3%
2015 2.4%
2014 29.2%
2013
Fund Manager information for SBI Technology Opportunities Fund
NameSinceTenure
Saurabh Pant1 Jan 221.33 Yr.
Mohit Jain1 Jan 221.33 Yr.

Data below for SBI Technology Opportunities Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Technology67.88%
Communication Services17.3%
Consumer Cyclical5.29%
Industrials2.66%
Asset Allocation
Asset ClassValue
Cash6.86%
Equity93.14%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
25%₹714 Cr5,700,000
↑ 300,000
Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 30 Apr 06 | TCS
15%₹412 Cr1,280,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 18 | BHARTIARTL
10%₹280 Cr3,500,000
Tech Mahindra Ltd (Technology)
Equity, Since 31 May 22 | TECHM
7%₹203 Cr1,980,000
Wipro Ltd Shs Dematerialised (Technology)
Equity, Since 30 Apr 21 | WIPRO
4%₹119 Cr3,080,000
HCL Technologies Ltd (Technology)
Equity, Since 31 Mar 06 | HCLTECH
4%₹117 Cr1,100,000
PVR INOX Ltd Shs Dematerialised (Communication Services)
Equity, Since 31 Jan 22 | PVRINOX
4%₹106 Cr722,000
Netflix Inc (Communication Services)
Equity, Since 31 Aug 21 | NFC
4%₹101 Cr38,000
Persistent Systems Ltd (Technology)
Equity, Since 31 Jul 22 | PERSISTENT
3%₹95 Cr200,000
Microsoft Corp (Technology)
Equity, Since 31 Aug 20 | MSF
3%₹95 Cr38,000

5. TATA Digital India Fund

The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in Information Technology Sector in India.However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.The Scheme does not assure or guarantee any returns.

TATA Digital India Fund is a Equity - Sectoral fund was launched on 28 Dec 15. It is a fund with High risk and has given a CAGR/Annualized return of 17.1% since its launch.  Return for 2022 was -23.3% , 2021 was 74.4% and 2020 was 54.8% .

Below is the key information for TATA Digital India Fund

TATA Digital India Fund
Growth
Launch Date 28 Dec 15
NAV (25 May 23) ₹32.1681 ↑ 0.17   (0.53 %)
Net Assets (Cr) ₹6,765 on 30 Apr 23
Category Equity - Sectoral
AMC Tata Asset Management Limited
Rating Not Rated
Risk High
Expense Ratio 0
Sharpe Ratio -1.06
Information Ratio 0.71
Alpha Ratio -2.84
Min Investment 5,000
Min SIP Investment 150
Exit Load 0-3 Months (0.25%),3 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
30 Apr 18₹10,000
30 Apr 19₹11,015
30 Apr 20₹9,512
30 Apr 21₹18,556
30 Apr 22₹24,178
30 Apr 23₹21,632

TATA Digital India Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047
Invest Now

Returns for TATA Digital India Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 May 23

DurationReturns
1 Month 7.7%
3 Month -1.7%
6 Month -3.4%
1 Year 7.7%
3 Year 34.4%
5 Year 17.9%
10 Year
15 Year
Since launch 17.1%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -23.3%
2021 74.4%
2020 54.8%
2019 7.5%
2018 24.9%
2017 19.6%
2016 -6%
2015
2014
2013
Fund Manager information for TATA Digital India Fund
NameSinceTenure
Meeta Shetty9 Mar 212.14 Yr.
Arvindkumar Chetty1 Dec 220.41 Yr.

Data below for TATA Digital India Fund as on 30 Apr 23

Equity Sector Allocation
SectorValue
Technology76.39%
Communication Services13.68%
Industrials4.69%
Consumer Cyclical1.15%
Financial Services0.67%
Health Care0.11%
Consumer Defensive0.1%
Utility0.02%
Energy0.01%
Real Estate0%
Asset Allocation
Asset ClassValue
Cash3.18%
Equity96.82%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Infosys Ltd (Technology)
Equity, Since 31 Jan 16 | INFY
21%₹1,401 Cr11,184,598
Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 31 Jan 16 | TCS
19%₹1,257 Cr3,903,371
HCL Technologies Ltd (Technology)
Equity, Since 31 Jan 16 | HCLTECH
8%₹562 Cr5,283,886
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 21 | BHARTIARTL
8%₹545 Cr6,819,200
LTIMindtree Ltd (Technology)
Equity, Since 28 Feb 21 | LTIM
8%₹538 Cr1,218,062
↑ 10,000
Tech Mahindra Ltd (Technology)
Equity, Since 30 Apr 16 | TECHM
7%₹463 Cr4,523,627
↑ 201,183
Meta Platforms Inc Class A (Communication Services)
Equity, Since 30 Apr 23 | FB2A
3%₹171 Cr87,500
↑ 87,500
Wipro Ltd Shs Dematerialised (Technology)
Equity, Since 31 Jul 18 | WIPRO
2%₹161 Cr4,188,632
↑ 175,000
Cyient Ltd (Industrials)
Equity, Since 28 Feb 21 | CYIENT
2%₹149 Cr1,259,737
Persistent Systems Ltd (Technology)
Equity, Since 31 Jan 16 | PERSISTENT
2%₹144 Cr303,450
↑ 20,000

In case of any further queries, you can contact us on 8451864111 on any working day between 9.30am to 6.30 pm or write a mail to us anytime at support@fincash.com or chat with us by logging onto our website www.fincash.com.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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