In April 2017, Zerodha has launched Zerodha Coin as the free direct mutual fund investment platform. It is the best broker for mutual fund investment due to the following facts;
- Open Instant paperless mutual fund account.
- Direct mutual fund schemes across equity, debt, hybrid, and ELSS categories.
- Zero brokerage, commission, or subscription fee.
- Funds from the 40+ top fund houses i.e. HDFC, ICICI, Axis, SBI, Reliance, L&T, and more.
- Zero MF account opening charges.
- 0 DP charges on MF withdrawal or redemption.
- Zerodha Coin, a dedicated mutual fund app and web platform.
- Pledge Mutual fund holdings to get collateral margin.
- No hidden charges.