Comment on Introducing Coin - our Direct Mutual Fund Platform

Nithin Kamath commented on 28 Mar 2017, 12:45 PM

Platforms are allowed to charge transaction/platform fees for offering direct plans. At 20k/month, you are paying probably upto Rs 3000/year just as upfront commission and upto 1% of your AUM end of every year as trail. So say you invested 20k/month for 20 years and markets returned 15%, if invested directly would be 3 crores, regular would be around 2.6 crores. 40lks more. You would have paid only Rs 12000 to use the platform vs saving of Rs 40lks. So yeah, the % commission has compounding to it.

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