Zerodha Coin has a number of advantages while considering the other brokers in this industry:
- The facility of Direct Mutual Funds: You can easily invest in all mutual funds via Zerodha Coin and most interestingly, you don’t have to pay any commissions to any intermediary. Hence, you can enjoy a higher return on investment.
- Fungible Funds: All of you purchased mutual funds that go into your Demat account that is fungible in nature.
- Single Dashboard: Your every investment done in stocks, bonds, mutual funds, ETF, etc., is generally visible on the same dashboard.
- Flexible SIPs: Invest accordingly to your financial goals – initiate, pause, edit and stop your SIPs as per your preference.
- Conditional SIP: NAV is a critical part of mutual funds, so Zerodha Coin allows its investors to go through the NAV of every fund and start their SIP according to it. For example, you may want to invest Rs.5000 when the NAV reduces 15% from the current level.
- It's 100% Free - Investment is free as well as on redemption Demat transaction charges are also free.
