To Create multiple Folios in a Single Mutual Fund

[M_T_L]

Hello,
Is there an option to create a new folio number in a Mutual Fund for segregating and tracking the investments separately for different goals?

For Example, I’m investing for my ‘Retirement’ goal in a Mutual Fund XXX with a folio number 123. Now, I want to make additional investment in the same fund but for a different goal like ‘Children Education’ and I want to track my investments separately.
But, I don’t see any such option to create a new folio available on the Coin App.

Could you help me with this?

Regards-Mahesh

[Abhijit]

@M_T_L

Is there an option to create a new folio number in a Mutual Fund for segregating and tracking the investments separately for different goals?

For Example, I’m investing for my ‘Retirement’ goal in a Mutual Fund XXX with a folio number 123. Now, I want to make additional investment in the same fund but for a different goal like ‘Children Education’ and I want to track my investments separately.
But, I don’t see any such option to create a new folio available on the Coin App.

Could you help me with this?

Coin limitation - There is no setting in Coin to choose “Create New Folio” while investing.

I use Kuvera for mutual fund investments. It gives you option of creating a new folio or use an existing folio during investment.

I think Mfcentral also provides the folio selection option.

[BB789]

@Abhijit

Create New Folio” while investing.

Probably because Coin indirectly benefits zerodha by putting MFs in Demat increasing annual fee slab rates.

Also why they never implemented SOA

[npsh99]

In that case, is it possible to add “notes” for each mutual fund on coin like we have notes for each stock on Kite?