Comment on Introducing Coin - our Direct Mutual Fund Platform
commented on
05 Apr 2017, 07:44 PM
Anirudh, the first Rs 25000 is free. If you invest Rs 500/month, you don’t have to pay for 50 months or 5 years.
Also it is Rs 50 irrespective of how many ever mutual funds you invest in. So if you invest in 4 mf for Rs 10,000 in a month, it will be only Rs 50 and not rs 200. If you invest normally 10,000, you not only pay 1% upfront, but 1% on total value of your AUM every year. So if your investment had become 1.5lks at end of 1 year, you would pay another Rs 1500 as trail commission (this you keep paying until forever).