Comment on Introducing Coin - our Direct Mutual Fund Platform

Nithin Kamath commented on 29 Mar 2017, 10:26 PM

a. SIP on coin is simulated, it is essentially a rule based lumpsum investment. So yeah you can do all of that and more. Check this post on how the easy SIP works.
b. Over 20, more coming soon.
c. You will have to dematerialize and then move it. But if it is regular, switching to direct is as good as exiting and re-entering.
d, Currently no, but we will
e. No transaction charges, just this Rs 50/month. But since they are in demat, every time you redeem CDSL charges a transaction fees of Rs 5.5, irrespective of the value of investment as DP charge.

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