As Holdings of Mutual Funds in coin will be stored in Demat account, so is there any Charges for that excepting annual DP Charges of 300₹?
A subscription fee of Rs 50 PM regardless of the number of funds will be charged after your total investments cross Rs 25000.
Yes of course there is a fee of 50₹ after crossing investment of 25k, but I am asking about DP Charges as MF Holdings will be stored in Demat such as we store stocks in DP account and have a charge of 13.5₹/scrip?
The DP charges of Rs5/Transaction is charged for mutual fund holdings…which is applicable when u sell the units that you hold
If you sell stock held in Demat, there’s a charge of Rs.13.5+ST. Of this 13.5, CDSL charges 5.5 and Zerodha charges 8 for providing you the Depository services. When you sell Mutual funds, Zerodha doesn’t charge you anything, only CDSL charges of Rs.5.5 apply.
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If we buy Mutual Fund directly from fund houses, is these Charges (5.5₹ DP charge/stock) are there?
When you buy directly from fund house in demat form then your DP will still charge you this. In case this is in non-demat form then there is no such charge.
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