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Zerodha Account Opening Enquiry
Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.
Zerodha offers Direct Mutual Funds through the Zerodha Coin platform. Customers can use the Coin website or Mobile App to invest in Mutual Funds. Zerodha doesn't charge any commission for investing in Mutual Funds.
Zerodha launched the Coin platform for direct mutual fund investment in April 2017. By investing in direct mutual fund schemes, investors can save significantly on commission paid as against buying regular mutual funds. Zerodha also allows customized SIP plans. Zerodha Coin is completely free as there are no account opening, subscription or brokerage fees. Zerodha Coin offers mutual funds from 40+ Asset Management Companies.
Zerodha offers brokerage free Mutual Fund investment. They don't take a commission from customers or AMCs.
Zerodha offers direct mutual funds. This gives additional earning of 1% to 1.5% per year as AMCs pass-on the additional saving from not paying commission to the broker to the customers.
Most of the mutual fund distributors (brokers) get 1% and 1.5% commission every year from AMC. In the case of a direct mutual fund, this amount is passed on to customers resulting in a higher return.
There are no separate Zerodha coin charges for SIP.
Zerodha offers Mutual Funds for free in all respect. Here is the detail of the charges:
Head | Charges |
---|---|
Zerodha Coin Account Opening Charges |
Zero |
Zerodha Mutual Fund AMC Fees |
Zero |
Zerodha Mutual Fund Brokerage |
Zero |
Zerodha Mutual Fund Commission |
Zero |
Zerodha Mutual Fund DP Charges |
Zero |
Other Charges |
No Hidden Charges |
When you open a trading account with Zerodha, access to the Mutual Fund investment platform Coin is automatically activated.
Once the account is opened, you can download the Coin Zerodha Mobile App from the Google Play and Apple App Store or access the Coin website. The same credentials as Zerodha Kite are used to log in to Coin. After login, you can invest in any direct mutual fund offered by the AMCs.
Zerodha Coin helps an investor invest in a range of funds as per his financial goals and risk appetite. Key features of the Zerodha Coin Mutual Fund platform include:
A Systematic Investment Plan (SIP) is a disciplined and scientific way to invest in mutual fund schemes at regular intervals. Through e-Mandate, investors can get a pre-decided amount automatically deducted from their account on each interval (monthly, quarterly, etc).
Starting a SIP with Zerodha is simple and easy. Here are steps to start a SIP on Zerodha Coin:
Note:
If for some reason, you want to stop your SIP on Coin, you can do it online. To stop a SIP on Zerodha Coin, you need to take the following steps-
Zerodha offers Coin mobile app free for iPhone and Android Smartphone users. The app allows investment in mutual funds of 40 fund houses. More than 1 lakh customers have subscribed to Coin. More than 4,000 subscribers have rated the app and the average rating is 4.5 on Google Play Store. The mobile app offers you all the features to buy/sell mutual funds and keep a tab on the performance.
Here are the steps to download Coin by Zerodha mobile app:
After installing Coin Zerodha, log in with trading ID and password.
The mobile app of Zerodha is available for Android and iPhone users.
Zerodha app for android users is available in the Google play store. You can install the app following the process mentioned above and login with your account credentials. You can then start investing in direct mutual funds of your choice with Coin.
Zerodha Coin is available to download for iPhone users in the iTunes store. They can install the app and login with a login ID and password to access the Coin dashboard and buy mutual funds of their choice.
You can raise a ticket for any query for Coin customer support. To generate a ticket, customers have to first login to the Kite trading platform.
You can also contact Zerodha Executive on +91 80 4718 1888 during the working hours for any issue.
Zerodha has partnered with 40 Asset Management Companies (AMCs) to offer mutual funds. Each AMC has different schemes under various segments such as Liquid Fund, Equity Fund, Short/Long Term Income Fund, Nifty Index Fund, Overnight Fund, ELSS, etc. Based on financial needs, time horizon and risk parameters, investors can choose any scheme.
Coin from Zerodha offers the direct mutual fund where it doesn't charge any commission from the investors.
Coin Zerodha App is a good direct mutual fund platform for the investors to save a significant amount of money on commissions charged by other mutual fund distributors for regular mutual fund schemes. Plus, it offers free account opening and zero brokerage. Zerodha Coin gives you access to mutual funds from 40+ AMCs to help you invest as per your financial goals and preferences. Investors who want to invest systematically in a mutual fund can also choose Zerodha Coin SIP. You can hold the Mutual Funds in your Zerodha Demat Account.
Zerodha is the largest discount broker in India in a number of customers. Founded in 2010, it is a stock broking firm that heavily leverages technology to offers its online services. The company is the fastest growing and one of the cheapest brokers in India.
Zerodha allows trading across Equity, Derivatives, Commodity, Currency, IPOs, Bonds, Government Securities and Mutual Funds. It has a membership with NSE, BSE, MCX, and CDSL.
This is a limited time offer. Open an instant Zerodha account online and start trading today.
Zerodha is the best broker for investing in mutual funds. It offers direct mutual funds at zero commission from AMC and zero brokerage charges. The entire process is online and hassle-free. The mutual funds are credited to your Zerodha demat account.
As your demat account is with CDSL (Zerodha only service the demat account), your mutual fund holding in demat account are as safe as they with any other broker.
Investors have the choice to invest in equity, debt and hybrid mutual funds from 40+ AMCs as per their financial goals. SIPs are available to investors who would like to do systematic investment in Mutual Funds with Zerodha.
Zerodha doesn't provide advisory or tips. This is a big positive as the mutual fund industry is run by agents who advise the customer to earn more commissions for them instead of advising the correct products.
Zerodha Coin is a commission-free and brokerage free platform. You don't pay any brokerage when you buy or sell mutual funds (MF) through Coin. As Zerodha only offers direct MF, they don't get any commission from AMCs. AMCs pass those savings of 1 to 1.5% per year to customers which results in higher earnings.
Zerodha Coin is an online investment platform for direct mutual funds. It allows investors to buy mutual funds at zero commission. The direct mutual funds offer additional savings of around 1% yearly.
If you are interested in opening an account with Zerodha, request a callback
If you are a Zerodha customer, visit Zerodha.com website to invest in mutual funds.
To buy mutual funds from Zerodha, you first need to open an account with Zerodha. Once your Zerodha demat account is opened, Zerodha Coin is automatically activated and you're ready to buy mutual funds.
Steps to open an account in Zerodha
Steps to place mutual funds order in Zerodha
You can sell or redeem mutual funds in Zerodha Coin online at any point in time. The one-click online redemption is easy, hassle-free and fastest.
The time for the money to get credited to your trading account is mentioned in the redemption window.
Yes, Zerodha offers SIP investment into mutual funds through its mutual fund investment platform Coin. Customers can set up a Systematic Investment Plan (SIP) to buy direct mutual funds online in just a few steps at any time.
SIP is the way to invest in any scheme regularly without being affected by the market valuations. It helps the investors in the long-term to generate good returns by rupee cost averaging benefit.
You can transfer regular mutual funds purchased from a distributor to Coin. You can ask your broker for a DIS slip and mention the units to transfer in Zerodha Demat account. After submitting the slip again with the broker, the units get transferred to the Zerodha Demat account within 24 hours.
No, Zerodha doesn't offer regular mutual funds. It only offers direct mutual funds. Direct Mutual Funds earn around 1 % to 1.5% more every year as AMC doesn't have to pay commission to the broker. These savings are passed on to customers resulting in higher returns than regular mutual funds.
Similar to regular Mutual funds, direct mutual funds are available in all categories and types.
No, Zerodha Coin doesn't provide mutual fund recommendations and advisory tips. It provides an online platform to invest in direct mutual funds. Customers can use its search features to filter and identify the right investment options for them.
Not providing tips is positive for Zerodha as other mutual fund distributors push for funds that earn more commission for them instead of what is good for the customer.
Zerodha Coin doesn't have a separate customer care support window. Users can raise a ticket by login through Kite. Customers can also call the customer support number at +91 80 4040 2020 or 080 6620 2020 for any platform related problems.
Zerodha offers Coin as a free add-on to its customers. Zerodha doesn't take any commission from AMC or brokerage from customers. The only direct source of earning for Zerodha from Coin is the interest on the surplus funds lying for a few days in your trading account. Indirectly, this free add-on attracts millions of customers who eventually trade/invest in the stock market and pay brokerage to Zerodha.
Zerodha offers convenience, online and cost-effective way to invest in mutual funds. Zerodha offers direct mutual funds through its Coin platform. Zerodha Coin is India's largest platform to buy mutual funds online with zero commission and directly from AMCs. Once bought through Coin, the mutual funds are credited in your linked Demat account.
Note that direct mutual funds offer additional savings of around 1% annually.
Zerodha Account Opening Enquiry
Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.
Information on this page was last updated on Monday, July 1, 2024
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