ELSS/Tax saving funds are completely free on Coin now

[nithin]

Updates - Free ELSS investments on Coin – Z-Connect by Zerodha

@rupeshmandal , your request was the final push we needed to do this. Now to see if it is really a growth hack like you thought it will be. ;).

[rupeshmandal]

Thanks @nithin for listening.
Now, thinking more on how to leverage this subscription opportunity.
Let me collect my thoughts. Will share with you soon.

[Abhinav_Vanamali1]

@nithin Firstly , really glad to know that the Coin’s subscription charges for ELSS funds have been waived off… Its a good initiative, which will encourage a lot of people to invest in ELSS funds.

I have only ELSS investments with Coin as of now… So I am waived off the subscription charges. I am planning to invest in Non - ELSS funds in the future. So how will I be charged for this? Does the first Rs25000 investment be waived off the subscription charge? or will I be charged from the first rupee of investment in Non ELSS funds.

I have another query… As of now, I am subscribed with Coin & I have only ELSS investments. Do I need to unsubscribe or the charges are automatically waived off? and what happens if I dont unsubscribe?

Thanks in advance !!

[RahulKhanna]

@Abhinav_Vanamali1

Does the first Rs25000 investment be waived off the subscription charge?

Yes

@Abhinav_Vanamali1

I have another query… As of now, I am subscribed with Coin & I have only ELSS investments. Do I need to unsubscribe or the charges are automatically waived off? and what happens if I dont unsubscribe?

Yes

Bhai, post toh padle.