Comment on Start investing in mutual funds @ Zerodha

Pranshu commented on 25 Feb 2016, 02:59 PM

Hi Zerodha,

I was surprised to find you guys going the regular plan route considering there are sites (not naming them for obvious reasons) that give you the opportunity to invest using the direct method. And I’m not talking about investing directly with AMCs. These sites charge 20rs transaction fee but let us invest directly with various funds using the same account. I was actually waiting for you guys to fully launch mutual funds before I use other sites expecting you guys to adopt the same model. Your announcement was surprising since you have followed a business model of charging low transaction fees while not having any advisors, which I love. I’m a bit disappointed. Now I must go ahead with the other site.

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