Comment on Introducing Coin - our Direct Mutual Fund Platform
commented on
19 Nov 2017, 07:50 AM
NAV difference has been increasing every year. I did some analysis by taking historical NAV for Kotak select focus fund, both regular and direct. If we consider Zerodha fee 50/- per month, you will still make profit because of this direct funds offering. Obviously more volumes lead to more profit. Appreciate Zerodha for not being too greedy.
Dates Regular NAV Direct NAV NAV difference
25/03/2013 12.075 12.093 0.018
18/02/2014 13.673 13.793 0.12
05/05/2015 22.483 22.898 0.415
17/11/2017 32.726 34.293 1.567