Comment on Introducing Coin - our Direct Mutual Fund Platform
commented on
29 Mar 2017, 07:34 PM
If AN investor starts a SIP of 100 ₹/month with initial Amount of 25K for 20 year in HDFC MID CAP FUND-Direct Plan through both Place….
(1) HDFC’s AMC site
(2) ZERODHA COIN site
after completing 20 year Investor’s Actual total investment value is different in both Place….
(1) in AMC platform your actually invest Amount is 25000+24000= 49000₹
(2) in ZERODHA COIN platform your actually invest Amount is 25000+12000=37000₹ (because ZERODHA COIN monthly charge is 50₹/month, after exceed total invest Amount 25k)
#Conclusion :-
MF – AMC is better than ZerodhaCOIN platform if anyone not want to pay 50₹/month extra charges….
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Am I right Dear NIKHIL?