m-Easy

Taking care of your investments and achieving your dreams is now​ easy. SBI Mutual Fund presents ‘m-Easy,’ a mobile investment facility which helps you Invest, Redeem and Switch from one scheme to another, via just an SMS. You can now manage your investments fro​m any place, anytime.

 
 
  • Simple and convenient way to invest
  • Facility to invest while on the move
  • No paper work
  • Instant confirmation of the transaction

To perform a financial or non-financial transaction you need to send an SMS to “9210192101”. To view the list of schemes and codes, click here

Registration is required for performing financial transactions. No registration is required to perform non-financial transactions.

Register for ‘m-Easy’ by filling in the Registration cum Debit Mandate Form. You can download the form by clicking on the appropriate link below.

Download m-Easy Mandate – Regular Schemes

Download m-Easy Mandate – Direct Schemes

Financial Transactions:

SMS Keywords for Financial Transactions (Registration Required):

  • 1. Invest

    "INV space <Amount>" – Invest in your Default Scheme/Plan
    "INV space <Amount> <Scheme Code> - Invest in a Particular Scheme / Plan

  • 2. SIP

    "SIP space <Amount>" – ITo Registe SIP in your Default Scheme / Plan
    "SIP space <Amount> <Scheme Code> - To Register SIP in a Particular Scheme / Plan

  • 3. Redeem

    "RED space <Amount> – To Redeem your Default Scheme / Plan
    "RED space <Amount / All> <Scheme Code>" To Redeem in a Particular Scheme / Plan

  • 4. Switch

    "SWT space <Amount / All> <From Scheme Code> <To Scheme Code>" – To Switch

Non-Financial Transactions:

SMS Keywords for Non-Financial Transactions (No registration required):

  • 1. Portfolio Valuation -

    “VAL space <Scheme Code>" – Scheme / plan-wise valuation for all live folios
    "VAL space <Folio Number>" - Scheme / plan-wise valuation of the folio
    "VAL" - Total valuation for all live folios

  • 2. Details of last 3 processed transactions -

    "TRX space <Scheme Code>" - Last three transactions processed in the scheme / plan.
    "TRX space <Folio Number>" - Last three transactions processed in folio.
    “TRX” - Last three transactions processed in all folios.

  • 3. Latest NAV of a particular scheme / plan or all scheme / plans in a folio -

    "NAV space <Scheme Code>"<Amount>" - Latest NAV of the scheme / plan
    "NAV space <Folio Number>" – Latest NAV of scheme / plans in the folio

  • 4. Get statement of account of the folio (via e-mail only, wherever registered) -

    "SOA space <Folio Number>" - Statement of Account for the folio will be sent through e-mail

“m-Easy” facility enables investors (who have a registered folio with SBI Mutual Fund) to purchase/redeem/switch the units of a scheme by sending SMS from their mobile phone number registered with AMC. Investors can start using this facility only on receipt of registration confirmation from SBI Mutual Fund. Thereafter, investors can send SMS to 9210192101 and specify the amount with scheme code for purchase transaction; amount or ALL units for redemption/switch transaction.

This Facility is currently available for existing KYC complaint Individual investors (including guardians on behalf of minors) with ‘Single’ or ‘Anyone / Either or Survivor’ holding. The maximum transaction amount allowed through SMS is restricted to Rs. 1 Crore. This Facility is available with a condition that one mobile number can be registered with one folio and/or one folio can be registered with one mobile number only.

For registration, investors need to submit the duly filled “Registration cum Debit Mandate Form”. The mandate registration will be done within a period of 30 days and investor can transact soon after the registration confirmation received from AMC.

SMS to be sent to 9210192101 with following keywords INV - for Purchase, RED for Redemption, SWT for Switch, HELP - For Keywords

Example:

  • To Invest in Default Scheme/Plan send an SMS saying INV space
  • To Invest in Particular Scheme/Plan send an SMS saying INV space
  • To Redeem in Default Scheme/Plan send an SMS saying RED space
  • To Redeem in Particular Scheme/Plan send an SMS saying RED space
  • To Switch send an SMS saying SWT space
  • To Register SIP in Default Scheme/Plan send an SMS saying SIP space
  • To Register SIP in Particular Scheme/Plan send an SMS saying SIP space
  • For Help: HELP

A receipt confirmation SMS will be sent to the investor.

“m-Easy” facility is available for various schemes. To view the list of schemes and codes, click here

This service is free; however the outgoing SMS will be charged by your service provider in accordance with their tariffs.

The applicable NAV for the transaction will be based on the time of receipt (electronically time-stamped) of the SMS at AMC/CAMS and other factors as per scheme, the type of transaction, the amount, the time of realization of funds and cut-off time provisions of SEBI (Mutual Fund) Regulation, 1996. These transactions will be treated on par with similar transactions received through other modes.

The bank account of the investor may be debited towards purchase within a period one to seven business days depending upon the clearing / ECS cycle for the location concerned. In case of non-receipt of the funds (for any reason), the transaction shall be cancelled and the units allotted, if any, would be reversed.

This facility is available with a condition of 'One Mobile Number and One Folio Combination'. Only one mobile number can be registered with one folio and vice versa, for the purpose of this Facility. In other words, investors cannot register the same mobile number in more than one folio to avail SMS facility. However, it is clarified that other folios may have the same mobile number for receiving normal transaction alerts.

Any mismatch in the SMS format as mentioned in point no. 4 would be rejected.

No, the SMS has to be sent only from the registered mobile number. If the SMS received from any other mobile, the SMS would be rejected.

  • Transactions will not be processed due to:

  • Incomplete or incorrect information/key words/scheme code
  • Non-receipt of the SMS message by the RTA
  • Mobile network congestion
  • and investor will not hold AMC/RTA responsible in such instances.

The request for transaction to be considered as accepted, subject to realization of funds towards purchases and only on the receipt of the confirmation from RTA on the registered mobile number or Email ID of the investor.

HDFC Bank, Axis Bank, Bank of Baroda, Bank of India, Citibank, IDBI Bank, IndusInd Bank, Kotak Mahindra Bank, Punjab National Bank, State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of India, State Bank of Mysore, State Bank of Patiala, State Bank of Travancore and Union Bank of India.

Agra, Ahmedabad, Allahabad, Amritsar, Anand, Asansol, Aurangabad, Bangalore, Bardhaman, Baroda, Belgaum, Bhavnagar, Bhilwara, Bhopal, Bhubaneshwar, Bijapur, Bikaner, Calicut, Chandigarh, Chennai, Cochin, Coimbatore, Cuttack, Davangere, Dehradun, Delhi, Dhanbad, Durgapur, Erode, Gadag, Gangtok, Goa, Gorakhpur, Gulbarga, Guwahati, Gwalior, Haldia, Hasan, Hubli , Hyderabad, Imphal, Indore, Jabalpur, Jaipur, Jalandhar, Jammu, Jamnagar, Jamshedpur, Jodhpur , Kakinada, Kanpur, Kolhapur, Kolkata, Kota, Lucknow, Ludhiana, Madurai, Mandya, Mangalore, Mumbai, Mysore, Nagpur, Nasik, Nellore, Patna, Pondicherry, Pune, Raichur, Raipur, Rajkot, Ranchi, Salem, Shillong, Shimla , Shimoga, Sholapur, Siliguri, Surat, Tirunelveli, Tirupati, Tiruppur, Trichur, Trichy, Trivandrum, Tumkur, Udaipur, Udipi, Varanasi, Vijaywada and Vizag.

Yes; however transaction will be processed as per applicable NAV.

  • Purchase/switch transactions under this facility will be processed with the following rules:
  • If investor submits the mandate registration form with ARN Code and SMS sent for purchase/switch transaction with Regular Scheme Code, the transaction will be processed under Regular Scheme and the registered broker code will be captured in the transaction.
  • If investor submits the mandate registration form with ARN Code and SMS sent for purchase/switch transaction with Direct Scheme Code, the transaction will be processed under Direct Scheme with “Direct” code.
  • If investor submits the mandate registration form with ARN Code box “Blank” / “Direct” and SMS sent for purchase/switch transaction with Regular Scheme Code, the transaction will be processed under Direct Scheme with “Direct” code.
  • If investor submits the mandate registration form with ARN Code box “Blank” / “Direct” and SMS sent for purchase/switch transaction with Direct Scheme Code, the transaction will be processed under Direct Scheme with “Direct” code.

Yes, investor can mention the default scheme / plan / option for the Folio in the SMS Registration cum Debit Mandate form. This enables you to transact for that scheme, via SMS, without needing to mention the scheme code.

 

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