So when user is at a fund’s page (eg: https://coin.zerodha.com/funds/14057755.002066) he/she sees two buttons “Buy Direct” & “Direct SIP”, If he/she clicks the “Buy Direct” button he/she gets to place a one-off order and if he/she clicks the “Direct SIP” button he/she gets to choose the SIP frequency to place weekly/monthly… orders.
I had started a SIP using the “Direct SIP” button for one of the funds and later after some research, I wanted to invest in one more fund but this time I by mistake bought it via the “Buy Direct” button and when I realised this I checked with the support and they told me I will have to place a new order using the “Direct SIP” button to start a SIP for the same fund.
After understanding this I now started a SIP in the same fund using the “Direct SIP” button but now my first order won’t be counted as an instalment.
Firstly, I think this “Conversion to SIP” experience could be improved a little bit and user should be allowed to modify the one-off order directly in the “Portfolio” section of the Coin Dashboard to convert it to a SIP.
Secondly, for now, I think Coin should have a “Count as an Installment” button in the order history for the one-off order which was not placed using the “Direct SIP” button.
I hope this sounds like a valid feature request.
@faisr , @nithin , @Karthik , @BharatW Any thoughts on this?
P.S: I have many such feature requests and I am a software engineer looking for entry-level roles in product management, please let me know if you are looking for someone like me