MONTHLY,DAILY IDCW REINVESTMENT OPTION Not Available on Coin

Zerodha Coin - Direct MF
1

Hi Team,

I Checked Pledge Sheet, in that I found many MF’s with IDCW REVINVESTMENT Option: Monthly , Daily.
Pls check if we are expecting REINVESTMENT MF Options in Coin.

Link: Approved list of Securities at Zerodha. - Google Sheets

In Coin, I don;t any REINVESTMENT Type of MF, for Examples as below:

QUANTUM LIQUID FUND - DIRECT PLAN DAILY IDCW REINVESTMENT OPTION
QUANTUM LIQUID FUND - DIRECT PLAN MONTHLY IDCW REINVESTMENT OPTION
JM LIQUID FUND (DIRECT) - DAILY IDCW REINVESTMENT OPTION
ICICI PRUDENTIAL LIQUID FUND - DIRECT PLAN - WEEKLY IDCW REINVESTMENT
ICICI PRUDENTIAL MONEY MARKET FUND - DIRECT PLAN - DAILY IDCW REINVESTMENT

2

Hi @Meher_Smaran , @ShubhS9 , pls check once.

3

Hi @Abhilash_Patil

Checking this with the team. Will update here

4

Hi @Meher_Smaran ,any updates?

5

Curious to know… what advantage you see in investing MFs with IDCW REVINVESTMENT option over growth option?

6

We do not provide IDCW Reinvestment plans on Coin, as they are similar to growth plans. Plus, there are a lot of operational issues from the AMC in crediting the dividend.