Comment on Introducing Coin - our Direct Mutual Fund Platform

Nithin Kamath commented on 28 Mar 2017, 12:26 PM

Yes your current SIP’s will continue in regular way. There will be no monthly fees on that. Let me try explaining again, why direct is better:

If you invest 5k/month for next 20 years in a regular fund. Assuming the fund returns 14%. At end of 20 years, you will have 65 lks. The same fund if invested in direct mode, will give you 1% more every year as returns (since the expense ratio for direct funds are lesser). At 15%, end of 20 years, the corpus will be 75lks. So your investments will be Rs 10lks more if invested directly. You would have paid us Rs 12000 for 20 years as monthly fees, but earned Rs 10lks more on your investment. With this Rs 12000, you could do multiple investments and any value, but that 10lks extra you are paying only on one SIP of Rs 5000.

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