I have a few questions regarding the transfer of mutual funds to coin.
I have read the article on how to move funds.
And from what I can gather is coin uses a DEMAT approach while other players such as groww or paytm money use statement of account approach.
So I will be transferring my mutual funds into DEMAT form hence the CDSL route, otherwise, it would have been easier.
But I was not able to make out a few things.
I have direct mutual funds and regular plan mutual funds as well. When I transfer my mutual funds will the funds be sold and then bought again? This happened to me once when I transferred a mutual fund into paytm money.
what are the charges for Zerodha coin. I have an account with kite. Will I pay DP charges or any other demat charges? Currently, I only have the expense ratio to be worried about.