Comment on Introducing Coin - our Direct Mutual Fund Platform

Hi Team,

Just wanted to clarify a doubt, say I have a SIP of Rs 5000 every month, I will be charged Rs 600 i.e. (12*50) for the investment made.If I plan to increase my SIP to Rs 10000 next year I will still have to pay Rs 600, the next year, as maintenance charges. Say I stay invested on zerodha for 30 years then I will be paying Rs 18000 (12*50*30) as maintenance charges.
I shall not have to pay the upfront and trail commission on the mutual fund that I buy and will get it on the same rate as listed on their website.

Thanks

View the full comment thread »