Comment on Introducing Coin - our Direct Mutual Fund Platform

Sriram commented on 04 Nov 2017, 11:50 AM

Hi Nithin, I have partially withdrawn most of the Direct funds and when I asked for redemption of the last portion – about Rs. 2.5 lakhs, it does not allow redemption for the past 1 week with the comment- redemption not allowed in this mutual fund.. When I see in Tata Mutual Fund, I can see they accept redemptions, but is it Zerodha, which is barring my redemption ? if so , why ? I want to discontinue this immediately and get my funds back..

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