Comment on Introducing Coin - our Direct Mutual Fund Platform

RainMaker commented on 29 Mar 2017, 10:05 AM

Thanks for starting COIN.
While most of the comments are focused on an insignificant aspect of Rs 50 pm charges. I have a few questions will be great full if you could answer them or someone please point to the link, if they have been answered already.

1) There is no buying or selling charges say Rs 20 per trade + taxes + other charges etc
2) After a Buy order has been placed how much time does it take for UNITs to be credited into the demat account? I understand the money is debited from the trading account.
3) After placing a Sell order when is UNiT debited from the demat account? Are there any charges levied by depository on this transaction ?
4) When is the money credited to my account ? Please clarify where does the money go – Bank account or trading account with Zerodha ?

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