Unfair practice by Zerodha Coin?

Announcement currently being shown on Coin home page.

There are NFOs currently open for funds other than those offered by Zerodha Mutual Fund, here is the partial list

(note how conveniently the list is sorted in reverse alphabetical order! :grinning:)

However, Coin is showing an announcement regarding only the new Zerodha NFOs.

Does this not constitute as an unfair practice of “pushing/favouring own products to the customers”?

2 Likes

Completely agree! One of the reasons I like Coin is because of they don’t advertise NFOs on the homepage like some of the other apps.

PS: I do like the index offerings from ZFH.

I was tempted to apply to the ZFH NFOs but this shameless practice of pushing their own funds turned off the mood, now I will wait till these funds open for regular buy/sell.

Even the app is showing these announcement, in fact even more prominently.

Wish there was a way to bring SEBI’s attention to this.

Even Kite web is showing these