Discontinuation of pooling for mutual funds and how it affects Coin

Zerodha Coin - Direct MF
166

Anybody got the email with payment link?
I did not receive any email. I have SIPs scheduled today.
Not sure whether we can pay to account given in this link.

167

Hi All,

I have Couple of MFs SIP Scheduled today Non AMC, I had yesterday transferred x amount from my bank to the Coin APP directly through UPI, Please suggest would that X amount be eligible to buy Mutual Funds or is there any other method I need to follow, Also I didnt Recieve any email for purchasing the MFs as per the SIP schedule yesterday.

Kindly Guide me through the situation here,
Thanks and Have a nice Trading Day :slight_smile:

168

No, You can’t buy Mutual funds with the X amount from your trading account.

169

OK, coin web still gives token error while payment, was able to do from kite app. Something seriously needs to be fixed in coin web…

EDIT: Looks like the fix for token error is clearing cookies and data for zerodha in the browser. People facing this issue may try…

170

where are you getting the payment option on kite and coin web/app?

2 Likes
171
  1. After ordering, you see payment button.
  2. MF Dashboard, you see pending payments link
  3. Orders tab > under the respective entries> payment link
172

So even if there is an M2M loss and the available cash is lesser than the value of my sip …
I can just add the exact amount for sip in coin account and the order will go through?

173

I am not even able to place MF buy orders on coin web/app.

2 Likes
174

Same here. Not able to place order on the web/app.

1 Like
175

In morning, it used to show “MF issue popup message” & im not able to place a lumpsum buy order.
Now its not showing any error message but still im not able to place a lumpsum/Buymore order;; Tried in both web n app

176

Thanks for your Reply,

But following up to the below comments as well, So how do I make the payment for the SIPs? I cant see any option to make the purchase and there is also no pending payments option on the portal.

177

No changes. Pledging will work as usual.

178

Check mail, pay via BSE-Star link sent this time only…in future, through coin.

179

I got it without doing anything. The email came for my AMC sip. Later another email came from Zerodha to ignore it.

180

Hey, saw this at Coin dashboard page notification

" SIPs scheduled today will not be triggered. "

  • Will they be triggered tomorrow instead (as mentioned earlier, SIPs will be live for 5 days for the payment) or
  • The orders for this cycles are cancelled? Will the date in SIP dashboard change to 1 Aug for next instalment in this case?
181

Hi ,
I Didn’t receive any Email from BSE-Star Link, I checked Spam Folders as well, but no luck.

182

I got an email from BSE for payment for my SIP due today. But got a follow up message to ignore it.
After that u have not got a mail with a link to coin to make payment. It’s already past 2:30 pm …what should u do @Bhuvan ?
Should I wait for mail with link of coin page for payment or pay through BSE link ?

183

Email for Payment from BSE STAR will come if your SIP is an AMC SIP

2 Likes
184

I too have tried this, let’s see what happens.

@Bhuvan can this NEFT method be used for payments below 1 crore ?

1 Like
185

Hi All,

I had just contacted the Zerodha Customer Support and they suggested that even if we don’t receive any emails with the link for payment , it would be sent to us by tomorrow and we can do the payment through the link(if not received yet).
@Bhuvan / @ShubhS9 , Kindly confirm the same .

PS : My MFs SIP scheduled for Today aren’t AMC SIPs