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04 Oct 2017, 06:05 PM
I am an existing customer of zerodha . I have started a systematic investment plan in a direct mutual fund on coin platform by zerodha. I have a query regarding the redemption charges for mutual funds held in demat form. I have gone through the faq section on coin where to the best of my understanding zerodha will not charge any redemption fee / charges but the depository (CDSL) will charge some charges while selling mf units. Somewhere in faq section I read that these charges at Rs. 5.50 plus taxes. I just want to know that this Rs. 5.50 plus taxes is a flat fee charged by depository irrespective of the amount and number of units involved or it is Rs. 5.5 plus taxes per unit redeemed . Kindly clarify the depository charges on redemption of mf units involved in detail covering all possible scenarios.