Comment on Introducing Coin - our Direct Mutual Fund Platform

John commented on 27 Mar 2017, 05:02 PM

Team Zerodha, Congrats on the new initiative, first of all, first time investors have 1000’s of questions on MF and the FAQ section doesn’t have them all and i have called support several times and many a times they lack information and now after moving to coin i have another 1000 more questions and i simply have no answer, i first request you to add as many as Q & N to your FAQ including all those answered above so that we dont disturb you guys often and some info is already there in the first hand.

Now to my few questions, if you can please answer them:

1. “Buy and Sip” the 2 buttons are not coming for me in Coin, it says purchase not available.

2. I currently have 3 MFs, imagining to be in distributor mode, when i cross check the same schemes in coin, i see the same NAV, expense ratio and exit load as mine, then what is the advantage in the Direct access mode ?
Because if the figures are going to be same, then i would be buying the same + Rs. 50 now, please explain.

3. Now in the Direct access mode, if i place a new order how long would it take for the allotment ?


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