Comment on Quarterly settlement of funds & securities

MUKUL SAPRE commented on 07 Dec 2017, 12:55 PM

Hi there,

Mr. Kamath, When Zerodha invests our unused funds in the overnight Liquid Funds, A new FOLIO is made every time. Why not reinvest in the existing folio. such as my funds are invested by Zerodha in Reliance Daily Dividend, and its reinvested in the same fund but with a different folio no. every time. so now i have two separate folios with zero balance in them. why so?

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