Can I use Zerodha depository in MFU?

Zerodha Coin - Direct MF
1

MFU provides option to allot in depository.
Is it allowed with my Zerodha account and does this attract coin subscription charges if holding is > 25K ?

1 Like
2

I’m also interested to know about this as i am not finding anything special on Zerodha platform in matter of Direct MF. Why we should pay 300 Account charges annually and 59 rs monthly. So almost 1100 charges annually.

3

Yes u can map any DP’s demat account to MFU. Submit client master report to MFU and they will map to your CAN.

But just check the redemption process if you plan do this.

4

Redemption has to be done by Zerodha if you go by this approach.

I am still chasing AMC to correct it so far no luck. Kind of musical chair happening.