The first and most obvious benefit of OTM in mutual fund is that it makes mutual fund investments hassle free, by taking a one-time consent from investors and then automating their investments for the given time frame. The investor needs to register for the service once, post which the required money transfers are done automatically and regularly. If you have an OTM mandate, you need not necessarily use net banking. Investor’s funds are realized on the day of transaction, therefore, the chances of unit allotment on the same day is very high. This ensures that you as an investor continue the process of investing in SIP or lumpsum in a disciplined manner, without any hiccups. One can register for multiple SIPs under a single OTM, while making sure that the aggregate value of the registered SIP should not exceed the specified mandate limit.