Comment on Introducing Coin - our Direct Mutual Fund Platform
commented on
05 Apr 2017, 06:31 PM
I have 4 mutual funds amounting to 10000 per month. Now, before if we consider 1%, the total commission would amount to Rs.100.
Due to the direct mutual fund, it would amount to Rs.200.
It is no way better man. Nikhil, you are ruining what you started with.
Another case, if a person can afford Rs 500 per month for investment, he will be charged Rs.50 i.e. 10% of his investment.
This is really cruel.
Poor are getting poorer, rich are getting richer.
Do reply to this.