I want to purchase 5 ELSS Mutual funds with 10k invested in each of them. What would be the charges when I buy them using Coin in Zerodha. I know that I have to hold for at least 3 years. What would be the extra cost I have to pay for 3 years for 5 funds.
Will it be 50/Month? i.e. 5036=1800.
or
Will it be 50/Month for each MF i.e. 5036*5=9000
Since Sunday being holiday your order was sent to exchange at 1:30 today. You will get unit based on today’s NAV tommorow but tomorrow is also holiday.so units will be alloted to you on Wednesday
Thanks for your reply.
I have one more query . As I placed order for Relience Small Cap Mutual Fund . Is it possible to transfer this MF to my Relience Mutual Fund Portfolio or not ?
If Yes then how can I transfer it later ?
and If not then what will happen if Coin platform suppose to not work ?
Please clarify this query
Thanks
Coin stores Direct mutual find in Demat format so even if Zerodha goes bankrupt it will be in your Demat account which is registered with CDSL. However you can login to Mutual fund AMC website and can see units alloted to you. I have checked with motilal oswal website ,units +investment amount shows there