Comment on Introducing Coin - our Direct Mutual Fund Platform

Nithin Kamath commented on 27 Mar 2017, 07:17 PM

Malcolm, if you are a small investor, the first 25k worth of investments there is no monthly cost of Rs 50. Assuming you invested for Rs 50,000, if you buy MF in distributor mode upto Rs 750 from your 50k will be paid as commission and then Rs 500 every year for as long as you held the fund. With Rs 50/month, this platform will cost you only Rs 600/year irrespective of number of transactions or value of transactions. Like I explained, even a small investor will save money.

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