Updates on Coin Web
- We have removed all the securities we do not offer on Coin like SGB, Gsec, Corp Bonds, etc. and added NPS to the main landing page.

- The dashboard now has the NPS values, and overall coin portfolio values.

- NPS Portfolio has been improved, we now show P&L, scheme breakdown, NPS Portfolio XIRR and scheme type breakdown and units similar


- MF Portfolio XIRR is now live on the dashboard

- NPS Portfolio XIRR live on the dashboard.

- NPS scheme pages are now live.

- NPS scheme returns and NAV is now live on the main investment page

- NPS CAGR displayed in scheme-wise breakdown.

- OS tickets updated on the Coin Notifier are now live.

-
Holdings Section
We have enhanced the holdings page on Coin to provide users with the ability to access analytics for their Mutual Fund investments, download their ELSS statements, and authorize the debiting of Mutual Fund units for redemption orders.
-
Filter option
Users will now have the flexibility to filter and sort their Holdings, SIPs & SWPs using various criteria available in filter options. This feature allows users to customize their view by applying tags, enabling them to refer to specific holding categories or SIP types within their overall portfolio.
This feature will be helpful for the investors to streamline the monitoring of their investment categories, P&L and returns on their investments.
- Portfolio/holdings page
The feature offers users the capability to filter their holdings based on subcategories within mutual funds, allowing for a more focused view of their investments across specific mutual fund categories.
This functionality presents users with a summary of the total number of funds and the invested amount for each chosen fund category, along with a detailed list of their investments. Moreover, users can conveniently select multiple categories at once. The filter list will exclusively display mutual fund categories in which the investor have investments.
- SIP & SWP
Users with multiple SIPs can now filter and sort them by frequency, payment source, SIP status, Creation date etc. This feature streamlines SIP management by enabling users to easily identify the fund sources of the SIPs, whether through a payment gateway or a linked mandate SIP.
Applying a filter automatically updates the SIP overview to display only the relevant SIPs, simplifying monitoring and management. Users can also sort their SIPs using various options and select multiple filters simultaneously for a tailored view.
Updates on Coin App
-
Filter option
Users will have the option to filter their holdings or SIPs based on different criteria/filters provided on the respective holdings or SIP page. This feature enables users to view their holdings or SIPs according to specific tags applied, allowing them to check on a particular holding category or SIP type from the total holdings or SIPs available in their account. The tools have been added to efficiently track the investment categories along with the active SIPs.
The count of items on top of the respective lists will change based on filtered items.
-
Portfolio/holdings page
The holdings page now allows users to filter their holdings based on subcategories within mutual funds i.e users can easily view their holdings for specific mutual fund categories. This feature provides users with an overview of the total number of funds and the invested amount for each selected fund category, along with a list of funds they have invested in. Additionally, users have the flexibility to select multiple categories simultaneously. Only the mutual fund categories that the users have invested in will be available under the filters list. Users will also be able to sort their holdings as per available options.

-
SIP & SWP -
For users who have set up multiple SIPs, they will now have the option to filter these SIPs based on frequency, payment source, SIP status, and SIP type. This feature allows users to track their SIPs more effectively and easily identify the funding source, whether it’s through a payment gateway or a mandate linked SIP. Once a filter is applied, the overview of the SIPs is automatically updated to provide a clear view of the SIPs matching the selected filter. This enhancement simplifies the process of managing and monitoring SIP investments. Users will also be able to sort their SIPs as per available options. Additionally, users have the flexibility to select multiple filters simultaneously.

-
Portfolio XIRR
MF Portfolio XIRR feature is now available on the Coin app. Investors can view the portfolio’s XIRR by clicking the “View” button.

-
Varsity Videos
We have revamped the Learn to invest segment into Basics of Mutual Funds on Coin. The basics of Mutual Funds section on Coin features 13 Varsity videos covering everything from fund basics to key metrics to evaluate Mutual Funds. It provides a clear and comprehensive guide to mutual funds in these engaging videos.

-
NEFT Page Revamp
We’ve revamped the NEFT/RTGS page on the Coin app to make the user experience smoother than ever. Users can copy the ICCL bank account details directly within the app with just a tap.
We have also added a nudge to alert users to transfer funds from their linked bank accounts and avoid transferring funds to ICCL via IMPS mode.

7 Changes to the mutual fund search:
- The growth option will be displayed first for all mutual fund searches.
- Fixed spacing issues during searches.
Ex - “taxsaver” or “tax saver” will display tax-saving/ELSS schemes.
- Added a new sorting option to sort the mutual funds based on performance, where the search will be sorted as per the best performing mutual funds.

-
Removed FAQ
FAQs have been removed from the home page of the Coin app.
-
Internal changes to enhance user experience on Coin:
-
A new data storage system has been implemented to ensure the proper persistence of settings and updated instruments.
-
Network modifications have been implemented to facilitate the seamless flow of the logout process and CDSL authorization without any disruptions.
-
A framework upgrade has been carried out to boost the overall performance of Coin to enhance the user experience.
- AMC SIP Cancellation Reason
As per the SEBI circular SEBI/HO/OW/IMD/IMD-SEC1/P/2024/270/1 5, AMCs are required to ensure the proper capture of reasons for the cancellation of AMC SIPs from the investors’ end. We have introduced an option on the Coin app that enables investors to select a reason for terminating their AMC SIPs from a drop-down menu containing 13 options. This provides users with the flexibility to choose the most appropriate reason for canceling their AMC SIPs and managing their investments effectively. Below are the reasons available on Coin for deleting AMC SIPs
- Non-availability of funds
- Scheme not performing
- Service issue
- Load revised
- Wish to invest in other schemes
- Change in Fund Manager
- Goal Achieved
- Not comfortable with market volatility
- Will be restarting SIP after a few months
- Modification in bank/mandate/date, etc.
- I have decided to invest elsewhere
- This is not the right time to invest
- Other (Specific reason up to 200 words)
When selecting Other, investors can specify their particular reason for canceling the AMC SIP on Coin, with the option to provide a reason in up to 200 words.
Update on Mutual fund Redemption details
With the new backend changes, once a redemption order is placed by the users, the funds payout details will be updated under the remarks section of MF order history. After the redemption order is placed and successfully processed, on T+1 day, the remark will be updated to “Funds will be credited to the primary bank account.” and, as per the settlement time/payout date of the fund, the payout details will be updated under the remarks section on T+X day.
Ex - If Fund XYZ is redeemed on 1st Jan 2024, the status on T+1 day i,e 2nd Jan 2024 will be updated as Funds will be credited to your primary bank account and as per the settlement time of fund i.e T+3 days on 4th Jan 2024 the status will further be updated to Funds credited to XXXXXXXXX on 04/01/2024 with reference number as XXXXXXXXX
