Mutual fund schemes not available in coin

Ramachandra1 · October 25, 2017, 2:13pm

I am not able to buy franklin templeton mutual fund schemes in coin by zerodha.

Mirae Aseet Emerging blue chip fund are not available for purchase in Coin

STP and SWP options are not available in Coin

smita · October 26, 2017, 11:00am

Thanks for flagging this. Franklin Templeton is a big fund house with many good funds. Those not being available in Coin is one reason against Coin.

Param · October 27, 2017, 3:06am

Mirae Assets Emerging Blue Chip Fund only accepts traditional SIP whereas Coin doesn’t have SIP (the version of SIP offered by Coin is not traditional SIP).

I am also looking forward to start buying Franklin funds here at Coin. Can someone answer if we’ll be able to do that in near future?

faisr · April 17, 2018, 9:18pm

@Param @smita @Ramachandra1

Franklin schemes are available now on coin

Param · April 22, 2018, 4:13pm

@faisr Fantastic, thanks!

Param · April 22, 2018, 4:16pm

@faisr any idea when Franklin MFs are going to be available under Direct MF plan? They are currently getting listed only as a non-direct MF plan.

faisr · April 22, 2018, 4:28pm

Hi Param, there was some issue between bse star mf ( backend order routing system) and FT because of which we had to unlist the schemes again…it will most probably be available by next week. I will keep you posted.

Ani14 · April 23, 2018, 1:51am

hi Faisr,

after purchasing, if Zerodha unlist it again, what should be course of action for an investor who made it as SIP?

Also, i saw that most of Coin’s minimum investment requirement on monthly SIP is INR 5000, where in fund house websites , it is INR 1000 only. any particular reason for this exception?