You may get an unexpected SMS message as this: Dear Customer, INR 1 credited to A/c no. XXXXX on 23-01-21 at 11:35:44 IST . Info: IMPS /P2A/10231135xxxxx/Accvalid/ Hxxxxxxx OR an email as this: INR 1.00 credited to A/c no. XX1251 on 02-11-22 at 16:37:20 IST. Info- IMPS/P2A/2306160xxxxx/KARZATEC/IDFCBank/. Avl Bal- INR 50813.53 - Axis Bank This is a part of account verification process by CAMS. CAMS is a Registrar and Transfer Agent for mutual funds. It credits ₹1 to verify the bank account registered with the mutual fund folio. The return file that is generated by the credit gives CAMS the name of the account holder as per the bank account. If there is a mismatch between the two, CAMS looks at the name on the KYC (Know your Customer) document to decide which name to use.