Comment on Broking goes mainstream - Dec 2021

Suresh commented on 09 Jan 2022, 08:13 PM

Great post Nitin,

I like your approach on differentiation using different products for those risk-averse equity investors. You already have one – Coin! However, the fact the coin stores the funds in demat form (unless they are created as AMC funds which has its own disadvantages) and the lack of STP/SWP (all of which has been pending for years now is a barrier to entry and something your competition is taking away from you.

I hope you put serious thought behind making Coin the MF platform similar to Kite in 2022

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