Comment on Introducing Coin - our Direct Mutual Fund Platform
commented on
31 Mar 2017, 01:22 AM
Cannot agree more.
Hi Nitin, we can understand your business model is quite transparent and also sometimes you rely on less margin. But thats what Zerodha known for. You give up commission and provide us an excellent platform to invest in Direct MFs and you deserve fee. But Rs.600 in a year(specially sub 10K/Month like me) is on a bit high. You can think of something like brackets e.g. Rs.200/year for Less than 50K per year, Rs.300/year for Rs.50K to Rs.1Lakh/Year and so on.
Would like to urge you to have a re-think(not expecting to be free as I feel it is not sustainable).
Cheers. 🙂
Anirban