Comment on Start investing in mutual funds @ Zerodha

Cherian K commented on 27 Mar 2017, 09:37 PM

Hi, Just now happened to see the below quoted message when I tried to login into my MF account. Does it mean that for MF investments we are being charged Rs 50 every month as a platform subscription fees? Would appreciate if somebody could explain to me about the new changes in Zerodha MF platform. Thanks.

“Direct mutual fund investments up to ₹25,000 (cumulative) are free. Thereafter, a platform subscription fees of flat ₹50 / month is automatically deducted from your Zerodha account. If you wish to cancel your platform subscription, you may exit all your direct mutual fund holdings.”

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