Benefits of One - Time Mandate For SIP Investment

One Time Mandate (OTM) for SIP investments make things easier by automating your payments, saving you time and hassle. With this feature, you can set up your investments effortlessly and focus on growing your wealth.

SIP Plan Benefits

Start SIP with as low as ₹1000

No hidden charges

Save upto ₹46,800 in Taxunder section 80C^{^}

Zero LTCG Tax^¶

Disciplined & worry free investing

Best SIP Funds

Tax Saving Funds Large Cap Low Return Funds Mid Cap Mid Return Funds Multi Cap Debt Funds Shariah Funds Balanced Funds

Payment Mode

Invest

₹ 10,000

Invest for

Whole Life Mid Cap Equity Fund

AUM (Cr)

₹11,620

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 15.79 17.49 16.77 %

View Fund

Instant tax receipt

Large Cap Equity Fund

AUM (Cr)

₹2,687

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 12.13 14.43 14.55 %

View Fund

Instant tax receipt

Virtue II

AUM (Cr)

₹3,237

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 12.61 14.79 14.23 %

View Fund

Instant tax receipt

Opportunities Fund

AUM (Cr)

₹35,377

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 12.42 13.27 13.64 %

View Fund

Instant tax receipt

Grow Money Plus Fund

AUM (Cr)

₹446

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 10.08 12 13.57 %

View Fund

Instant tax receipt

Frontline Equity Fund

AUM (Cr)

₹4,837

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 12 12.83 13.3 %

View Fund

Instant tax receipt

Accelerator Mid-Cap Fund II

AUM (Cr)

₹5,458

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 12.27 11.54 13.22 %

View Fund

Instant tax receipt

Accelerator Fund

AUM (Cr)

₹219

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 12.62 12.84 12.93 %

View Fund

Instant tax receipt

Diversified Equity Fund

AUM (Cr)

₹3,598

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 9.71 11.3 12.74 %

View Fund

Instant tax receipt

Future Apex Fund

AUM (Cr)

₹130

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 10.62 11.99 12.39 %

View Fund

Instant tax receipt

Large Cap Equity Fund

AUM (Cr)

₹2,687

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 12.13 14.43 14.55 %

View Fund

Virtue II

AUM (Cr)

₹3,237

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 12.61 14.79 14.23 %

View Fund

Grow Money Plus Fund

AUM (Cr)

₹446

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 10.08 12 13.57 %

View Fund

Frontline Equity Fund

AUM (Cr)

₹4,837

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 12 12.83 13.3 %

View Fund

Accelerator Fund

AUM (Cr)

₹219

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 12.62 12.84 12.93 %

View Fund

Diversified Equity Fund

AUM (Cr)

₹3,598

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 9.71 11.3 12.74 %

View Fund

Future Apex Fund

AUM (Cr)

₹130

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 10.62 11.99 12.39 %

View Fund

Growth Super Fund

AUM (Cr)

₹12,241

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 8.98 10.46 12 %

View Fund

Bluechip Equity Fund

AUM (Cr)

₹965

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 9.83 11.19 11.78 %

View Fund

Super 20

AUM (Cr)

₹2,097

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 8.41 10.06 11.57 %

View Fund

Whole Life Mid Cap Equity Fund

AUM (Cr)

₹11,620

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 15.79 17.49 16.77 %

View Fund

Opportunities Fund

AUM (Cr)

₹35,377

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 12.42 13.27 13.64 %

View Fund

Accelerator Mid-Cap Fund II

AUM (Cr)

₹5,458

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 12.27 11.54 13.22 %

View Fund

Multi Cap Fund

AUM (Cr)

₹9,938

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 21 18.96 22 %

View Fund

High Growth Fund

AUM (Cr)

₹12,572

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 17.85 19.5 17.59 %

View Fund

Growth Opportunities Plus Fund

AUM (Cr)

₹1,051

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 11.51 13.09 14.1 %

View Fund

Classic Opportunities Fund

AUM (Cr)

₹13,553

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 10.78 11.82 12.45 %

View Fund

Flexi Cap

AUM (Cr)

₹1,125

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 11.99 11.78 12.18 %

View Fund

Opportunities Fund

AUM (Cr)

₹3,551

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 11.28 11.53 11.84 %

View Fund

Equity Top 250 Fund

AUM (Cr)

₹526

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 9.3 10.29 10.69 %

View Fund

Asset Allocation

AUM (Cr)

₹242

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 7.13 8.4 9.72 %

View Fund

Whole Life Income Fund

AUM (Cr)

₹823

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 5.66 6.84 7.28 %

View Fund

Debt Fund

AUM (Cr)

₹499

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 5.27 6.81 7.03 %

View Fund

Bond Fund

AUM (Cr)

₹117

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 5.98 6.58 6.92 %

View Fund

Conservative Fund

AUM (Cr)

₹189

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 5.8 6.59 6.9 %

View Fund

Individual Preserver Pension Fund

AUM (Cr)

₹171

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 5.2 6.39 6.85 %

View Fund

Steady Money Fund

AUM (Cr)

₹77

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 5.42 6.43 6.81 %

View Fund

Bond Fund

AUM (Cr)

₹16,781

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 5.29 6.29 6.62 %

View Fund

Dynamic Gilt Fund

AUM (Cr)

₹172

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 4.6 5.98 6.6 %

View Fund

Debt Fund

AUM (Cr)

₹93

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 5.21 6.45 6.59 %

View Fund

Whole Life Aggressive Growth Fund

AUM (Cr)

₹904

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 13.47 14.83 14.83 %

View Fund

Balanced Fund

AUM (Cr)

₹354

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 8.57 9.36 9.89 %

View Fund

Save N Grow Money Fund

AUM (Cr)

₹62

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 7.68 8.44 9.61 %

View Fund

Creator

AUM (Cr)

₹460

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 7.49 8.54 9.53 %

View Fund

Balanced Fund

AUM (Cr)

₹5,072

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 7.46 8.39 9.48 %

View Fund

Balanced Fund

AUM (Cr)

₹21,160

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 7.07 8.33 9.27 %

View Fund

Balancer II

AUM (Cr)

₹807

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 8.28 8.81 9.24 %

View Fund

Growth Fund

AUM (Cr)

₹6,860

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 7.59 8.58 9.13 %

View Fund

Asset Allocation Fund II

AUM (Cr)

₹272

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 7.63 8.26 9.07 %

View Fund

Multi Cap Balanced Fund

AUM (Cr)

₹1,775

Estimated Value

₹

After 5 years

Returns (p.a.)

+ 8.27 8.39 8.86 %

View Fund

What is OTM for SIP?

One Time Mandate (OTM) for SIP (Systematic Investment Plan) investments is a facility provided by financial institutions or mutual fund companies that allows you to set up an automatic debit mandate for your SIP investments. You can use an SIP Calculator to figure out the amount you want to set up for automatic debit.

With an OTM, you authorize your bank or financial institution to debit a predetermined amount from your bank account at specified intervals (usually monthly) and invest that amount in a selected market-linked fund scheme through best SIP plans. This eliminates the need for manual payments for each SIP instalment, making the investment process more convenient and hassle-free for you.

Insurance Companies
Mutual Funds

Fund Name	5 Years	7 Years	10 Years
	Returns
Top 300 Fund SBI Life Rating	8.88%	10.5%	11.55% View Plan
Opportunities Fund HDFC Life Rating	12.42%	13.27%	13.64% View Plan
High Growth Fund Axis Max Life Rating	17.85%	19.5%	17.59% View Plan
Opportunities Fund ICICI Prudential Life Rating	11.28%	11.53%	11.84% View Plan
Multi Cap Fund Tata AIA Life Rating	21%	18.96%	22% View Plan
Accelerator Mid-Cap Fund II Bajaj Life Rating	12.27%	11.54%	13.22% View Plan
Multiplier Birla Sun Life Rating	14.37%	13.37%	14.74% View Plan
Virtue II PNB MetLife Rating	12.61%	14.79%	14.23% View Plan
Equity II Fund Canara HSBC Life Rating	8.46%	8.24%	9.73% View Plan
Blue-Chip Equity Fund Star Union Dai-ichi Life Rating	7.49%	8.34%	9.68% View Plan

Fund rating powered by

Last updated: Mar 2026

Compare more funds

Fund Name	AUM	Return 3 Years	Return 5 Years	Return 10 Years	Minimum Investment	Return Since Launch
Motilal Oswal BSE Enhanced Value Index Fund Regular - Growth	₹1,748.84 Crs	28.91%	N/A	N/A	₹500	28.94%
Bandhan Small Cap Fund Regular-Growth	₹20,474.12 Crs	26.07%	20.2%	N/A	₹1,000	25.81%
Motilal Oswal Midcap Fund Regular-Growth	₹33,689.20 Crs	17.76%	19.95%	15.5%	₹500	18.83%
ICICI Prudential Infrastructure Fund-Growth	₹8,097.89 Crs	20.26%	23.55%	17.35%	₹5,000	14.94%
Canara Robeco Large Cap Fund Regular-Growth	₹17,103.62 Crs	11.03%	9.6%	12.89%	₹100	11.61%
Mirae Asset Large Cap Fund Direct- Growth	₹40,184.41 Crs	10.21%	9.85%	13.44%	₹5,000	14.5%
Kotak Midcap Fund Regular-Growth	₹61,694.40 Crs	17.96%	16.27%	17.08%	₹100	14.06%
SBI Small Cap Fund-Growth	₹34,931.73 Crs	10.62%	13.02%	16.74%	₹5,000	17.62%
SBI Gold ETF	₹24,897.99 Crs	33.28%	25.87%	16.3%	₹5,000	13.46%

Updated as of Mar 2026

Compare more funds

What are the Benefits of OTM in SIP?

OTM (One Time Mandate) in SIP offers several benefits that can make your investment journey smoother and more disciplined:

Convenience: OTM automates the payment process, saving you the hassle of manually transferring funds for each SIP instalment.
Time and Effort Saving: Once OTM is set up, it relieves you from arranging subsequent payments. It allows you to focus on other tasks.
Discipline: It helps in maintaining investment discipline by ensuring regular contributions to SIP without the need for constant monitoring.
Timeliness: OTM ensures timely payments, reducing the risk of missing SIP instalments and helping you stay on track with your investment goals.
Cost-Effectiveness: By automating the payment process, OTM reduces the likelihood of incurring penalties or charges for missed payments.
Flexibility: Investors can easily modify or cancel their OTM instructions as per their changing investment needs and financial situations.

SIP Calculator

I know my investment amount I know my goal amount

Monthly SIP Yearly SIP Lumpsum

I want to invest Pro Tip

Financial experts suggest that a person should invest 10-15% of their monthly income for long-term financial growth

/Month

I want to invest for Pro Tip

Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively

Years

Expected return Pro Tip

Top 25% of investors consistently generate more than 12% return

% Annually

Total Wealth ₹1.03 Cr

View Plans

I want to save

I want to invest for Pro Tip

Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively

Years

Expected return Pro Tip

Top 25% of investors consistently generate more than 12% return

% Annually

Monthly Investment ₹22.4 L

View Plans

Top Funds with High Returns (Past 7 Years)

11.7%

Equity Pension

13.64%

Opportunities Fund

17.59%

High Growth Fund

11.84%

Opportunities Fund

22%

Multi Cap Fund

13.22%

Accelerator Mid-Cap Fund II

14.74%

Multiplier

13.3%

Frontline Equity Fund

14.23%

Virtue II

9.73%

Equity II Fund

10.16%

Gift Global Opportunity Maximizer Fund

14.1%

Growth Opportunities Plus Fund

10.69%

Equity Top 250 Fund

12.39%

Future Apex Fund

10.56%

Pension Dynamic Equity Fund

12.93%

Accelerator Fund

How OTM in SIP Works?

Use an SIP calculator to estimate your investment amount, tenure, and expected return based on your financial goals.
Choose the best SIP plan for your SIP investment.
Set up an OTM with your bank for the SIP amount and desired investment frequency (monthly, quarterly, etc.). This ensures automatic deduction and investment.

start-an-sip-today-watch-your-money-grow

Steps to Automate Your SIP Plans

OTM (One Time Mandate) automates payments in the SIP Plans. It ensures timely investments without manual intervention. You can set up OTM in SIP through the following two popular methods:

Method 1: Online Banking

Step 1- Login: Access your net banking portal using your credentials.

Step 2- Locate SIP options: Look for sections like "Bill Pay," "Auto-Pay," or "Standing Instructions." These options might be under "Payments" or "Investments."

Step 3- Set up SIP: Choose "Market-Linked Investment Funds" or "SIP" as the payment category.

Step 4- Fill in details: Provide your fund provider's details, SIP folio number, desired SIP amount, and start date.

Step 5- Link bank account: Select the savings account from which you want the SIP to be deducted. You might need to enter your bank account details if not already linked.

Step 6- Activate OTM: Confirm and activate the OTM registration following on-screen instructions. The bank will verify the mandate with your chosen account.

Method 2: Offline Form

Step 1- Download the form: Get the OTM form from your fund provider's website or collect it from a branch.

Step 2- Fill out the details:

Enter your bank account details (account number, IFSC code).
Mention the SIP folio number or application number.
Specify the SIP amount and preferred start date.
Choose the OTM validity (usually "until cancelled").
Sign the form, ensuring it matches your signature on record with the bank.

Step 3- Submit the form: Submit the completed OTM form in person at:

Your bank branch.
Your market-linked fund provider's office.

In Conclusion

The One Time Mandate for SIP offers a streamlined and convenient approach to investing, providing benefits such as hassle-free transactions, reduced paperwork, and enhanced efficiency. OTM promotes disciplined saving and ensures consistent investment by enabling automatic deductions. Ultimately, it empowers you to achieve your financial goals with ease.

start-small-&-build-your-wealth-for-a-brighter-tomorrow

FAQ's

What is a one-time mandate for SIP?

A one-time mandate (OTM) for SIP is a one-time registration process. You instruct your bank to automatically deduct a specific amount from your savings account at regular intervals. This money is then credited towards your SIP investment. Essentially, it automates your SIP contributions, eliminating the need to manually initiate payments each time.
Is one-time SIP better?

SIP itself is a better way to invest compared to a lump sum investment for most people due to rupee-cost averaging. However, OTM is not a type of SIP but a method to automate your SIP contributions. It offers convenience and ensures you do not miss any instalments due to forgetfulness.
Is a mandate necessary for lumpsum investment?

No, a mandate is not required for a lump sum investment. Since it is a one-time transaction, you can simply initiate the investment directly through your net banking or investment platform.
Which is better, OTM or Biller, for SIP?
OTM and biller are both methods for automating SIP contributions. The following breakdown will help you choose:
- OTM: Offers more control. You directly instruct your bank, so there is no need to involve a third party (biller).
- Biller: It might be faster to set up, especially if done electronically through your investment platform. However, it relies on the biller (fund house) to initiate the debit, which could lead to delays.
Are OTM options more profitable?

OTM itself does not impact profitability. The profitability of your SIP depends on the chosen market-linked fund scheme's performance in the market. OTM simply ensures disciplined investing by automating your contributions.

Benefits of One - Time Mandate For SIP Investment

Best SIP Funds

What is OTM for SIP?

What are the Benefits of OTM in SIP?

SIP Calculator

How OTM in SIP Works?

Steps to Automate Your SIP Plans

Method 1: Online Banking

Method 2: Offline Form

In Conclusion

FAQ's

What is a one-time mandate for SIP?

Is one-time SIP better?

Is a mandate necessary for lumpsum investment?

Which is better, OTM or Biller, for SIP?

Are OTM options more profitable?

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