Comment on Introducing Coin - our Direct Mutual Fund Platform
commented on
29 Mar 2017, 11:00 PM
Veer, like I have told like 10 times, there is no compulsion for any client to use coin. If you liked our earlier regular model, click here. Why direct through Zerodha and not AMC website, here is the link.
Coin offers investing in direct mutual funds (we earn 0 commission from your investment) with convenience of being in demat. So single portfolio across stocks, MF ( over 26 AMC’s and 2000 funds), ETF’s, Bonds etc.
Easy SIP, start stop whenever you want without any NACH requirement. Increase or decrease SIP values at will.
NAV tracking orders. Similar to stocks, place orders to purchase or redeem funds based on NAV.
MF in demat form and hence fungible. Extremely easy to pledge and take a loan against in case of emergency.
Single capital gain statement, P&L, visualizations, and more.
And yes this would cost Rs 50/month extra. But if these are not things you appreciate, you can just not subscribe to coin.