Transfering Direct MF investments into Coin

Rambabu_Dola · January 9, 2018, 9:14am

I have invested in Direct funds using MFUOnline. How do I transfer these (or use Coin) to track these MF investments? Would these be counted against the 25K limit?

nithin · January 9, 2018, 4:13pm

You will have to ask the AMC to credit these direct units that you have in demat form. You can give your zerodha DP ID when asking for this.

No these won’t be counted. ONly those bought through us.

Gajjala · January 10, 2018, 4:33am

Hi nithin,
If we purchase tax saving mf through coin, how ti get folio puchase statement to submit it for IT exemption?

lindo · January 10, 2018, 4:54am

Hi @Gajjala,

Once you do make the tax saving investments, look at the bottom of the dashboard page you will have the option to download proof of ELSS investments by Financial year. You can produce that to the concerned people.

Thanks,
Lindo

Gajjala · January 10, 2018, 11:21am

@lindo many thanks