Lesson 41 of 53 · Spotting investment fraud · 3 min read · Reviewed 29 Oct 2026
Since 1 Oct 2025, SEBI-registered intermediaries collect money on UPI handles ending in @valid, such as abc.brk@validhdfc, and the payment screen shows a thumbs-up in a green triangle. SEBI Check, on SEBI’s site and Saarthi app, tells you whether a bank account and IFSC or a UPI ID belong to a registered intermediary.
Registered brokers and mutual funds collect UPI payments on @valid handles, with a category in the name: .brk for brokers, .mf for funds.
Paying an @valid ID shows a thumbs-up inside a green triangle. No sign means the payee may not be registered.
SEBI Check verifies a bank account and IFSC or a UPI ID against SEBI’s register before you pay.
Key idea: A promise of guaranteed or doubled returns is the clearest sign of a scheme to avoid.
Try the short quiz on this page to check what stuck.
On siportal.sebi.gov.in and in SEBI’s Saarthi app.
Yes. It checks the account number and IFSC as well as UPI IDs.
All mutual funds had on launch day.
For learning only, not investment advice. Built in India by a team that tracks its own money on Reva.