Total Cost (brokerage) for any sort of Investment for MF

[Srinivas]

@abhushan86

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?

Yes it’s independent of time, there is no time limit within which you have to invest the 25k. You can invest it over 6 months if that is your investment plan. And the coin subscrciption fees is Rs.50+GST/every 30 days, whenever your investment amount exceeds 25k.

@abhushan86

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

Payment gateway charges are fixed at Rs.9+GST every time you use the Atom gateway within Kite to transfer money to your trading account. Because this is a 3rd party payment gateway and these transfer charges are decided by them. You can skip these charges and do an IMPS/NEFT directly from your netbanking but charges may apply at your bank. Learn how you can create standing instructions from your bank account for your Coin SIPs.

@abhushan86

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?

Your Coin account is activated only when you have a Zerodha Demat account.