Coin is an excellent platform for investment in mutual funds due to the following reasons:
- Commission-free (Upfront or trail) investment in direct plans.
- Dematerialized or electronic safety of mutual fund holdings.
- No DP charges on redemption of mutual fund units.
- Start, pause, modify, and cancel your investment anytime.
- Start mutual fund SIP or invest lumpsum amount instantly using UPI.
- Track your mutual fund portfolio on Coin anytime.
- Pledge your mutual funds holdings in Demat form for a loan.
- Access reports like capital gain statement, P&L, etc.