Comment on Introducing Coin - our Direct Mutual Fund Platform
Say, I have MF investment totalling to Rs. 5 lacs. If I shift them to Coin, my charges will be ₹600 per year. Any new investment I make no extra charge, everything gets covered in said ₹ 600/- I endup saving approx. 1% of ₹5 lacs as lower expense ratio in direct funds. Correct me if I am wrong in understanding your deal. Many thanks.