Comment on Introducing Coin - our Direct Mutual Fund Platform
But why suddenly this Rs 50 introduced?
Annually it is 600rs fees which is more than the demat account and maintenance charges. So by opening trading account, we will end up paying Annual Maintenance charges of 300rs + 600rs(MF) = 900rs total.
While purchasing MFs from AMC websites, they give option to avoid MFs maintained under demat account and by which avoiding unnecessary demat fees.