Comment on Introducing Coin - our Direct Mutual Fund Platform
commented on
19 Apr 2017, 04:06 PM
Dear Nithin, I am an MF Investor with other distributor and I could see the SIP amount and allocation of NAV’s in the statement correctly. Say for example I am buying an SIP of Rs.1000 with NAV value of 35.149 then I should get 28.45031. The numbers are showing correctly in the statement and even in the CDSL mail.
Can you please clarify then how come the distributor takes a commission of 1.5% and trail of 1%.
Thanks,
Balaji