Comment on Introducing Coin - our Direct Mutual Fund Platform

Kaushal Patel commented on 28 Mar 2017, 12:56 PM

1. I have invested 40,000 rs in ELSS plus 40,000 rs in small and mid cap funds. Now you have introduced these direct plans. So what will be effect on my previous SIPs? I can’ t redeem my ELSS MFs, as it is locked for 3 years. So, it will remain in my portfolio for minimum 3 years or it is compulsory to sell it right now?

2. Is it possible to continue SIPs with regular plans (if i am not interested to go for direct plan right now) , or its compulsory to go for new direct plans?

3. If possible, provide both the plans simultaneously, regular and direct.

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