@nithin I am writing this as 2020 review to my first post in this thread which I had written back in June 2019. Let’s see what has changed in these 1½ years.
To begin on a good note, today the ratio of my mutual fund investments on Coin platform is higher than the Mutual Funds I hold in physical format. The only reason for switch which I had mentioned earlier is that I am consolidating everything on one platform. For convenience, and also to have a better understanding of applicable STCG, LTCG and compute Tax harvesting, if need be. 2020 so far has given me a good opportunity to sell-off physical units and rebalance my portfolio.
Now, that I have taken that leap of faith already in choosing Coin, let’s see those 10 reasons which were holding me back a year back, where they are as we speak:-
Not available yet.
This is the most crucial one. It took me a lot of discussions and debates, and arguments too, to convince Zerodha that to be in sync with SEBI cut-off timing is a basic right of an investor. And it ends there. I appreciate a positive response received from the team informally here on this forum as well as the official Zerodha support on Ticket No #20200921976293, dated Oct 9, 2020 confirmed that work is in the process to sync with SEBI cut-off timings.
But my last follow-up hasn’t been responded to. It’s been 3 weeks already.
To be in sync with SEBI cut-off is even more important because from 1 Jan, 2021 the NAV calculation would change. Investors would get allotted MF units on the NAV of the day funds are received by AMCs and not when the order was placed. So if the Zerodha cut-off timings are not the same as SEBI cut-off timings, the investor’s fund would be received by AMC with a delay, hence NAV would not be the same as expected. With Janurary 1st, around the corner, we are running short on time.
On this Christmas eve, I would like to believe that team Zerodha listens to me as Santa.
I hereby also request other users who believe in my words to raise a ticket from their respective accounts nudging Zerodha team to deliver ticket #20200921976293. Maybe that would help prioritize and expedite the process if more people demand it.
Not available yet.
The last update I had received on this was Zerodha team is working on this to allow switching from any fund to any fund. This would be a unique offering that no other platform is providing. Awaiting fingers crossed.
Not available yet.
Last I heard, team is working on providing instant withdrawal feature upto Rs 50,000.
I hope the team implements this as well.
Bank Mandate is available.
One can setup Bank mandate a day prior to SIP dates. Also, I had read somewhere on this forum that work is in progress for making it native bank to SIP feature. Awaiting.
This as discussed above is a challenge because of MF units held in Demat format and after market closes, the redemption order can’t be passed on to the AMC unlike Insta Redeem Liquid MF units held in physical formats. If this is a specific need of an investor to have an emergency fund or so, one better invests in such Insta Liquid Funds in Physical format (and not as Demat format on Coin) so that at the time of need, one can redeem units 24x7 and receive money in 30 minutes. I know it’s a little compromise to not be able to have everything in one place i.e. Coin. But until a real solution arrives, investing in such MF in physical format works.
This needs work. It’s partially done. No update since Feb 2020.
Not available yet.
For #6 and #7 I have imported my CAMS data on Kuvera that helps me visualise portfolio data into insights that help in decision making. Also their TradeSmart feature emails me when units of a MF can be redeemed without any exit load and to maximize the potential of tax-free LTCG upto Rs 1 lakh. I hope 2021 brings such features to Coin as well.
Now available on Coin.
Now available on Coin.
As I read in another thread, the team is working on alerting investors for crucial information when fund manager changes, or an addendum has been released etc that impacts an investor. This would be helpful. I look forward to 2021.
So here is the 2020 review of the asks:
Score:
2/10 for the features being made available.
2 more bullet points would receive half marks each for partial implementation.
Hoping 2021 would bring the better out of Coin. 
Merry Christmas! 
