Comment on Introducing Coin - our Direct Mutual Fund Platform
commented on
28 Mar 2017, 11:29 AM
Nithin,
I’m delighted that zerodha is explaining to customers about the direct schemes and how much commission that regular funds take from a investor. But I fail to understand why there should be additional 50Rs/Month charge when the demat account maintainance charges are already 300Rs/year . I mean as per SEBI guidelines even charging 50Rs/month for direct schemes isn’t a violation in another way ? The whole concept of DIRECT scheme is its direct to the investor . Period. For some one who invests 15-20K/month via SIP in direct schemes . I don’t see this 50Rs/Month as being justified .
Thanks,
Ravi.