Zerodha Coin Charges and Benefits

[Shiv_Katira]

I am planning to invest in the mutual fund for the very first time (debt fund to be specific), I have some doubts:

1. If a person invests through Coin, what charge one pays additional compared to directly buying from an AMC?
2. What is the difference if I invest directly through AMC and through Zerodha Coin?
   @Zerodha-Staff

[Meher_Smaran]

Hi @Shiv_Katira

@Shiv_Katira

If a person invests through Coin, what charge one pays additional compared to directly buying from an AMC?

Coin is absolutely free for mutual funds. There are no charges involved.

What are the charges applicable for investing in securities through Coin?

@Shiv_Katira

What is the difference if I invest directly through AMC and through Zerodha Coin?

Although this answer by Nithin is 6 years old, it should help you out with the answer to the question - Why coin?

Why invest in direct mutual funds on Coin?

Let me answer in two parts Why Direct mutual funds? Do read this post. Let me give an example, assume you intend to invest in Birla sun life top 100 Fund - a SIP for Rs 10,000. The fund is available to be purchased in two plans - Regular or Direct. Check the image below from valueresearch [image] It is the exact same fund, same manager, same stocks, same everything. But check out the expense ratio of the two plans. Regular has 2.36% and direct has 1.06%. What is an expense ratio? Running…

[Shiv_Katira]

Thank you @Meher_Smaran

I have another doubt.

1. During what time I can buy and sell my mf holding?
2. How many days it would take from the date of selling mf on coin to get the amount credited in my bank account?

[ShubhS9]

@Shiv_Katira

During what time I can buy and sell my mf holding?

The cut-off time for getting same day NAV for mutual fund investments is 12:30 PM for liquid funds and 2 PM for all other schemes. More here.

@Shiv_Katira

How many days it would take from the date of selling mf on coin to get the amount credited in my bank account?

For selling mutual funds, the cutoff time is 3 PM. The time taken for redemption proceeds to get credited to your bank account depends on settlement time of the fund, you can check this the redemption order window. More here.

[Sandeep_Gupta1]

Zerodha Coin Charges and Benefits

I am planning to invest in the mutual fund for the very first time (debt fund to be specific), I have some doubts: If a person invests through Coin, what charge one pays additional compared to directly buying from an AMC? What is the difference if I invest directly through AMC and through Zerodha Coin? @Zerodha-Staff

You pay none charges for mutual funds
But while investing from coin you get mutual fund units in your demat account like stocks you have to pay anual AMC charges for zerodha demat account only.

Also not sure after SEBI rule for EOP1 and EOP2 category platform for direct mutual-funds what will be changed in coin… can anyone answer this?