Comment on Coin is now completely free!

Rajeshwari commented on 16 Sep 2018, 09:38 PM

Going though website and found that even though Coin is free but we need to pay on sale/redemption of units of a Mutual Fund, there will be a DP charge of Rs 5.5 (CDSL) + 18% GST per redemption order, is that correct?
In direct AMC schemes specifically equity based i don’t have to pay any charges except capital gains based on my investment horizon.
Please explain me below :
1. assume that If i invest 1 Lac in any equity direct scheme ( scheme has 0% exit load after a year ) through coin and i sold the same after a year and made profit 10,000 on total investment then what would be the charges need to pay ? how much i would get in hand ?

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