New Features and Updates on Coin - Mutual Funds

Will be implemented in a phased manner. We will retire and take the corpus out before it goes live.

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@siva @Neelesh when will Autopay works on Coin

Another few days, we are near to completion. As in app SDK is now live, once it’s 100% we shall push the upi autopay build.

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This is guaranteed. Simple thing is zerodha doesnt get any revenue from coin and hence no focus on it. Many features are missing. They do revamp of the whole process every year but nothing good comes out… It takes ages for zerodha to make changes in MF and nithin boasts only 1 dev is there on full coin.

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hmmm, upstox and AngleOne focus on giving good features to investors also.

And they think it’s a flex! They should understand that their ‘Andho me kana raja’ status isn’t going to save them for long. Any new small team might make an Orkut out of them in no time, lest they move fast and listen to their users.

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@Neelesh Almost 10 days over is there any update on same.

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How many years will it take to add commas ?

Hope i m not asking for too much.

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can you able to add the portfolio overlap in coin @Neelesh

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@Neelesh what happen for coin revamp

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@Neelesh @ShubhS9 again your promise coin revamp website - when you are going to launch - waitinggggggggg

COIN and MTF Waiting

I try the best to you to understand through GIF - but you are seeing not replying … otherwise, I will come directly to your office through Ola Cabs

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When can we expect NPS on COIN app? @Neelesh @ShubhS9

The app update to have NPS might take some time, it is currently live on Web.

@Neelesh I wish SWP came as a percentage of the total value of the fund, that way I do not have to look at the fund’s value.

Works great and we can ignore market noise. I can do it manually but will be a great feature.

This makes sense, we will discuss internally and look at the possibilities.

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You get the incentive to name it FI, Freedom SWP (3%, 4% or 5%)

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We have launched a few new features on the Coin Web.

Weekly SIP Weekday Selection

Many investors have faced issues with selecting specific days for their investments, as it previously required manual calculations and planning around a fixed 7-day cycle. With the latest update, users can now easily choose specific weekdays for their weekly SIPs. The feature offers greater flexibility and control, making it easier to manage the investment planning on the days that work best for users.

SIP weekly

Conditional Orders for Buying

We have reintroduced a feature that lets users create conditional buy orders based on specific NAV. Users can now set buy orders to execute only when the NAV hits a predefined threshold, which can be up to 60% below the current value. Once the condition is met, the buy order is automatically placed, and the user is notified to complete the payment. The purchase order will be allocated based NAV of the day funds are realised at the clearing corporation. These orders are valid for one year and will be automatically deleted if the condition is not met within that time. These orders will reflect with a Conditional tag in the Pending Order tab on the orders page.

Conditional Buy

Conditional Orders for Selling

Similarly, we have introduced conditional sell orders, allowing users to set NAV thresholds to trigger redemption orders. Users can set this trigger for a NAV that is up to 100% higher than the current value. Once the trigger condition is met, the sell order will be automatically placed, and the user will be notified. The order will then be processed based on the NAV of the trigger date. These conditional sell orders will also remain valid for one year and will be automatically deleted if the trigger condition is not met within that time frame. These orders will reflect with a Conditional tag in the Pending Order tab on the orders page.
Conditional Sell

Order History Restriction

To streamline the user experience, we have limited the order history view to the past three months, making older orders no longer visible. A user can check the tradebook on Console. Similarly, the web interface calendar now only displays the last three months, with earlier dates greyed out.
Order History Calendar

SIP Trigger Timing Update

We have revised the timing for triggering SIPs to improve user convenience. Previously, Zerodha SIPs were initiated a day in advance (T-1 day). Going forward, SIPs will now be triggered on the user’s preferred date, with Zerodha SIPs set for 1:35 AM and AMC SIPs for 3:15 AM. Additionally, SIPs linked to mandates, which were previously triggered T-2 days at 2 AM, will now activate on T-2 days in the evening, at 5:35 PM for Zerodha SIPs and 7 PM for AMC SIPs.

P.S - UPI Autopay and STP are next in line to be released :slight_smile:

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What does this mean for NAV.

If I setup a mandate linked sip for 1st, which date’s NAV will I get? Assuming no holidays

@Neelesh is something similar possible on coin?

This screenshot is from icici pru mf app and have helped me from early redemption from debt/hybrid funds.

It will be good to see this on Coin also

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Much needed! Can do tax harvesting then for LTCG exception.