I am new to the trading scenario in Zerodha. I just wanted to know very clearly, the charges which i would be bearing if I purchase Mutual funds. I am aware that for the first Rs 25000 invested, I am not to pay any brokerage charges
Q1- Is this independent of time, which means I can invest 25000 over 6 months too, and does that Rs 50/month after that exclude GST or GST isn’t applicable on that?
Q2- Is the Payment gateway charges levied everytime I put money into Zerodha (coin) account, and is it fixed at 9%+GST for ny sort of bank account? If Yes, then it is important to address this to the users since this is not being communicated clearly, and one loses that amount and that is a good amount of money. Do clarify this to me in case I am mistaken. I could not find this mentioned anywhere
Q3- What are the charges that I am levied in case I have an existing Demat account and want to use that for the MF trading on Zerodha and not a one opened via Zerodha?
Please address these queries so that it becomes easier for me to judge this medium for my investments.