Comment on Introducing Coin - our Direct Mutual Fund Platform

Vishaal commented on 29 Mar 2017, 06:32 PM

Hi Nithin,

First of all congratulation on this new move. Thank you for bringing Direct MF in Zerodha.

After going through the Q&A above and having my understanding of the below statement on COIN home page, , I made the following calculation, Please correct me if I am wrong ?
**** Flat fees of just Rs 50/month for subscribing to Coin irrespective of number/value of MF transactions. Moreover, your first Rs 25,000 worth of investments is absolutely free.****

Non-DIrect vs Direct (COIN)
Monthly Investment 5000
Duration 25 Years
CAGR 15% 1.64 Cr
Commission 30 lac
Corpus % 20%

For the Same MF purchased via COIN (Zerodha)
Subscription Fee = 14700
1st Year 300
Remaing Period 14400 (50*12*24)

SO, if I am holding multipe MF , the moment my total SIP investment cross 25K , I will be charged 50/- per month as the platform subscription fee, and it wont be charge per MF .


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