I have purchased a mutual fund on zerodha. My next SIP is about to come. So I want that I have to add amount on funds or is it directly deducted from my bank account.
The SIP amounts for Coin will be debited only from your trading account and not from your bank account. You have to ensure you transfer funds to your trading account before SIP date. You can create a standing instruction from your bank account to trading account based on your SIP dates. Process is explained in the link below: