Zerodha Coin: Your Gateway to Direct Mutual Fund Investments with Zero Commission
Zerodha Coin App Review
Zerodha is the first broker to offer investment in Direct Mutual funds to its customers through the platform Zerodha Coin which is a browser-based website and smartphone-based application available for download in Google Play Store and App Store respectively for android and IOS users. It is one of the Zerodha Trading Software.
Zerodha coin mutual fund investment platform offers investors direct mutual funds from several reputed Asset Management companies. You will have all the popular AMCs like Axis Mutual Fund, BNP Paribas, DSP and much more. The investors can invest in a range of different types of mutual funds like:
• Equity/ Debt/ Liquid or Hybrid Funds
• Large cap funds/ Mid cap funds/ Small cap funds
• ELSS (Equity Linked Savings Schemes)
In order to use the Zerodha Coin platform, a Zerodha Demat Account is required. It is because all the mutual fund units will be credited in the Zerodha demat account. Zerodha coin is used for trading in stocks, currencies, derivatives, and mutual funds from one account and also hold it on a single demat account. Coin by Zerodha review provides all the details and information of Zerodha coin.
Zerodha Coin Features
Some important features of Zerodha coin are given below:
• Coin by Zerodha allows the investors to buy and sell mutual funds directly through AMC without even paying any commission.
• Easy Zerodha Coin direct mutual fund investment
• Since all Zerodha mutual funds are held in Zerodha demat account, therefore investors have one portfolio across equity, Mutual fund, currency, etc.
• Coin helps users to start, stop or modify your SIP investment anytime.
• This gives the customers a single capital gain statement for different investment entities.
• Complete online services
How to Download Zerodha Coin App?
Zerodha coin download is easy. Follow the below steps to download Zerodha Coin Mobile app are:
1. Visit the Google Play Store or Apple App Store on your mobile phone.
2. Type “Coin by Zerodha” in the search bar.
3. Click on the first option available.
4. Click on the install button to download the application on your smartphone.
How to do Zerodha Coin Login?
Coin by Zerodha login is simple as Zerodha coin and kite login credentials are same. Users can do both Zerodha coin app login and Zerodha coin web login using Zerodha kite login Credentials.
Apart from this, kite Zerodha login is also possible. It means you can access Zerodha coin after login to Zerodha kite.
How to Buy Mutual Funds in Zerodha Coin?
The investment in mutual funds with Zerodha Coin is simple, easy and fast. The steps to buy mutual funds in Zerodha Coin are:
1. Login Zerodha Coin Platform using Zerodha login credentials.
2. On the home page, go to the search bar and look for the fund and Zerodha coin best mutual funds according to your need.
3. Once you reach the fund page, Click on ‘Direct SIP’
4. In the order window, enter your investment details. Enter the initial investment, frequency, instalment and the total number of instalments. Click on the ‘Start SIP’ and press ‘Confirm’.
Charges of Zerodha coin
Zerodha coin charges are Zero. There is no Zerodha coin brokerage charges and Zerodha coin mutual fund charges. Zerodha coin account opening charges including Zerodha coin AMC charges and Zerodha coin demat charges are also zero. Thus, free coin Zerodha charges provides good investing opportunities.
Zerodha Coin Advantages
Some best advantages of Zerodha coin are given below:
1. Zerodha coin is free completely that means no commission is charged on the customer’s investment.
2. Provides the facility to buy Mutual funds directly from 40+ Asset Management Companies.
3. Customers can make both lump sum and Zerodha coin mutual fund SIP investments.
4. Zerodha users receive a good control over their SIP plan. The customer can easily increase or lower their SIP investment amount as per their need.
5. Easy and online Zerodha coin investment facility.
6. One trading account can be used invest in multiple securities.
7. All the customers investments like stocks, bonds and mutual funds are held in one demat account.
Zerodha Coin Disadvantages
There are few disadvantages of Zerodha coin:
1. The customer will need to compulsorily open a Zerodha demat account to invest in Zerodha mutual funds.
2. Zerodha does not offer mutual fund recommendations or research which make it difficult for the beginners to choose the appropriate fund.
Zerodha Coin Customer Care Number is 08047181888.