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Zerodha Mutual Fund Investment| SIP process, Brokerage charges, Coin MF platform

Zerodha Mutual Fund Investment

Discount Broker·NSE, BSE, MCX

4.5/ 5 by InvestorGain Team Rate

Zerodha is India’s best stock broker, known for its low-cost transparent pricing model and user-friendly Kite trading platform. The broker is especially popular among retail and active traders for Rs 20 flat brokerage, and investors enjoy zero brokerage on equity delivery and mutual fund investment.

Open Free Account

₹Free

A/C Opening

₹Free

Eq Delivery

₹0.03% or Rs 20

Futures

₹Flat Fee Rs 20

options

4.5★

Overall Rating

Investing in mutual funds through Zerodha Coin is a popular and cost-effective choice, especially for those who are looking to invest in direct mutual fund plans. Zerodha allows customers to buy and sell direct mutual funds for free at no commission, directly from AMCs and hold them in their demat account. Want to invest in mutual funds with Zerodha, here's a breakdown of how it works and what you should know.

Benefits of Investing with Zerodha Coin

Reasons that encourages you to invest in mutual funds on Zerodha Coin are:

Direct mutual funds = Lower Expense Ratio = Higher Returns
No brokerage, commission, or Rs 0 transaction cost on MF investment
Invest in equity, debt, hybrid, and ELSS (Tax-savings) MFs
Hassle-free investment process
Held in Demat form, offering higher transparency
Seamlessly Integrated with your Zerodha account

Zerodha Mutual Fund Charges

Are Zerodha mutual funds free? Yes, Zerodha charges for mutual funds are zero means you can buy and sell mutual funds online at no brokerage.

Zerodha mutual fund cost breakdown
	Charges
Zerodha Mutual Fund Account Opening Charges	₹0 (Free)
Zerodha Mutual Fund AMC charges	₹0 (Free)
Zerodha Mutual Fund Brokerage Charges	₹0 (Free)
Zerodha Mutual Fund Redemption Fee	₹0 (Free)
Zerodha mutual fund DP charges	₹0 DP charges

How to invest in mutual funds with Zerodha? Step-by-Step Guide

Invest regularly in mutual funds through SIP option or make one-time lumpsum investment in one go. Zerodha platform has thousands of direct plans available from top AMCs like HDFC, Axis, Tata, etc. Zerodha also has its own AMC, Zerodha Fund house offering index mutual funds.

How to start mutual fund SIP in Zerodha?

Log in to the Zerodha coin using your Kite credentials.
Search and select any mutual fund scheme, you want to invest in.
Click on SIP option.
Fill in required details:
- Enter Initial investmente., Rs 1,000
- SIP installment amount say Rs 500
- SIP frequency: Daily, weekly, 15-days, monthly, or quarterly
- SIP date: Select any date from 1^st to 28^th

Tap on create SIP
Confirm your order.
That’s it! Your SIP is created successfully.
To complete the initial investment, click on Pay Now option.
Select the payment method; UPI, net banking, or NEFT/RTGS.
Tap continue.
Enter details to make payment.

You can track orders placed under the orders menu on the coin platform. Zerodha SIP orders are created for perpetual or indefinite duration. It means that the SIP will remain active until not cancelled.

AMC SIP Vs Regular SIP: You can choose AMC SIP option to create and manage your SIP directly with the asset management company (AMC) rather than managing with Zerodha. In AMC SIP, the SIP is done with the fund house using Zerodha coin interface whereas the regular SIP is internally managed with Zerodha, hence the broker allows users to pause, modify, step-up, or cancel SIP investment anytime.

You can also create a Step-up SIP in Zerodha following below steps:

Select the scheme.
Click on SIP.
Enter details like SIP amount, frequency, and date.
Tick automatic step-up option.
Enter the increment percentage i.e., 10%, 20%, and select date.
Your SIP amount will be increased by the said amount on the mentioned date.
Tap on create SIP, and it’s done!

Zerodha Lumpsum Mutual Fund Investment Process

Want to invest all your money at once, choose lump sum option. Yes, Zerodha customers can make lump sum investment in any direct mutual fund scheme of their choice.

Go to Zerodha coin app or web platform.
Select your choice of direct mutual fund scheme.
Tap on Buy option (for lumpsum investment).
Enter order details:
1. Choose Payment method: UPI, Net banking, or NEFT/RTGS.
2. Investment Amount: Say Rs 5,000
3. Check conditional order (Optional) to place orders at a specific NAV.
Tap on Buy Now >>> Confirm the order >>> hit pay now button.
Enter required details to make payment.
That’s it, your mutual fund investment is successful!

You cannot cancel mutual fund orders in Zerodha, once placed. However, if you do not make payment, the SIP and lump-sum order will be automatically cancelled within T+4 days.

How to Track mutual fund investment on Kite?

You can track your mutual fund investments on Zerodha Kite trading platform and coin. Follow these steps to track MFs on Kite:

Log in to the Zerodha Kite.
Navigate to the Holdings section.
Tap on Mutual Funds tab.
All your MF investments and current performance will be displayed here.
You can redeem or invest more funds by clicking on the Exit or Add

Zerodha Coin Web and App (Direct Mutual Fund Platform)

Coin by Zerodha is a web and app-based platform to buy direct mutual funds online. The coin platform enables zerodha customers to transact (buy and sell) in mutual funds online.

SIP and Lumpsum: Make regular investment via SIP or do lump sum investment (one-time)
Direct MFs: Invest in direct mutual funds for free and save up to 1.5% commission
A range of schemes from 40+ fund houses including index funds and ETFs
Free platform: Free mutual fund investment and redemption
Track your mutual fund portfolio performance.
Invest, redeem, or stop SIP investment anytime
Invest in New Fund Offerings (NFOs)
Invest in mutual funds by Zerodha Fund House

Unique features of Zerodha Coin mutual fund app are:

User-friendly platform to browse, select, and invest in mutual funds
Filter mutual funds by AMC, category, expense ratio, AUM, Exit load, and CAGR.
Add favorite funds to the watchlist.
Set up SIP, SWP, or STP.
Place conditional order to place buy and sell orders at a specific NAV (Only for lumpsum)
Create AMC SIP on Coin Zerodha
Create and select up to 10 MF orders to make bulk payment
Zerodha does not offer MF advisory services, therefore best suited for DIY (Do-it-Yourself) investors.

Zerodha coin platform features

Zerodha Mutual Fund Cut-off Time

When you purchase any mutual fund scheme on Coin app or web, the funds are first transferred to the payment aggregator, and then to the Indian Clearing Corporation Ltd (ICCL). And NAV at which MF units will be allotted based on the time when ICCL receives the fund.

Zerodha MF cut-off timing
Type of MF scheme	Type of order	Cut-off time	NAV Applicable
Liquid and Overnight Fund	SIP and Lumpsum Order	12:30 PM (Purchase)	T-1 day
Other schemes (Debt, Equity, and Hybrid)	SIP and Lumpsum orders	2 PM	T day
All mutual fund Schemes	Redemption orders	3 PM	T day

All mutual fund orders placed after the above mentioned cut-off time, NAV of next day will be applicable.

Zerodha Mutual Fund

Zerodha has its own mutual fund house that offers index funds and ETFs. Customers can buy and sell Zerodha index funds on the coin platform. Mutual funds offered by Zerodha AMC are:

Zerodha Nifty LargeMidcap 250 Index Fund
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund
Zerodha Gold ETF FoF

Zerodha Mutual Fund Customer Care

	Helpdesk No.
Zerodha Mutual Fund Customer Support	Raise a Ticket
Zerodha Mutual Fund Helpline number	+91 80 4718 1888

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Frequently Asked Questions

1. How to redeem mutual funds from Zerodha Coin?−

To redeem the mutual funds through Zerodha Coin follow the steps mentioned below.

Login to coin web.
Go to mutual funds section and click on “holding”.
Select the mutual fund, and click on “Redeem” button.
Specify the number of units , that you want to redeem and click”Redeem”.

2. How do I stop my SIP investment with Zerodha Coin app?+

Yes, you can stop your SIP through both the COIN web and the COIN app.

To pause the SIP in the COIN app, follow the below steps.

Click on the “Investments” tab on the home page, and select the Sip.
Click on the “Round blue icon”
Select the “delete” option.

3. Does Zerodha provides mutual funds recommendations?+

No, Zerodha doesn’t provide any investment advisory services. It will not suggest you ,about where to invest in mutual funds or stocks. It provides the free mutual fund investing platform “COIN”, to invest in direct mutual funds.

4. How to pledge mutual funds in Zerodha?+

You can pledge your mutual funds at Zerodha to get collateral Margin. To pledge your mutual funds follow the steps mentioned below.

Visitzerodha.com/portfolio/holdings.
Take your cursor to your Mutual fund and click on “Options”.
Click on “pledge for Margins’.
Put the quantity and “submit”.

5. How much does Zerodha charges to pledge stocks and mutual funds?+

If you pledge any stocks or Mutual funds, Zerodha charges a fee of 30Rs +18%GST per scrip. The charge is taken only while pledging. If you unpledge your shares Zerodha doesn’t charge anything at all.

6. How long does Zerodha take to process pledging requests?+

All the pledging requests received by Zerodha are processed 2 times a day at 2:00 PM and 5:00 PM. Thus, if a customer has placed the pledging requests on or before 4:00 PM will be processed the same working day, however, in the case of pledging requests placed after 4:00 PM will be processed within T+1 day, thus, the collateral margin will be available on the next working day.

7. Can I pause my SIP on Coin?+

Yes, you can pause your SIP through both the COIN web and the COIN app.

To pause the SIP in COIN web, follow the below steps.

Go to the “Mutual Funds” section.
Click on the “Sips” window
Select the active SIP and click on the “Pause/Resume” button.

To pause the SIP in the COIN app, follow the below steps.

Click on the “Investments” tab on the home page, and select the Sip.
Click on the “Round blue icon”
Select the “pause” option.

8. How to Modify the SIP on COIN?+

You can modify your SIP through both the COIN web and the COIN app.

To pause the SIP in COIN web, follow the below steps.

Go to the “Mutual Funds” section.
Click on the “SIPs” window
Select the active SIP and click on the “modify” button.
Change the installment amount and frequency.

To pause the SIP in the COIN app, follow the below steps.

Click on the “Investments” tab on the home page, and select the Sip.
Click on the “Modify” button
Change the installment amount and frequency.

9. How to fund my Mutual Fund SIP with Zerodha Coin?+

Mutual Fund SIP is the best way to invest in Mutual Funds. The basic requirement of SIP is that you must have fund available in your trading account on the day of SIP. It’s very difficult to keep track of regular fund transfer for your SIP investment.

Zerodha started “e-Mandate” where you can setup your recurring fund transfer. In such cases, you don’t have to worry every month or so to remember to fund your SIP account.

This can be done in 2 ways –

Register an e-Mandate on Console using your net banking or debit card credentials.
Schedule recurring transactions to automatically transfer funds.

Let’s understand what is e-Mandate?

A mandate is a permission that you provide to your bank or any other financial institution to automatically debit the required amount from your bank account. Once an individual authorizes a concerned authority to debit from the said account on a fixed date of every month, through an e-NACH form, the rest is hassle-free for the individual. This is commonly used for the loan repayment, EMI, micro-lending payments, rental payments, Mutual Funds SIP, Equity SIP and other financial services.

Steps to setup e-Mandate with Zerodha Coin –

Login to Zerodha Console.
Go to Funds -> Bank Mandates.
Create New Mandate.
Select the bank, read & accept terms and conditions.
In next the screen, you will directed to NPCI – Mandate Approve Gateway
You can select your payment method via Net Banking or Debit Card.
Bank verification will take few days – A token amount will be debited and credited in this process.

After your e-Mandate is verified, you can set up recurring transaction.

To set up your transaction, you need to select the account credit date, frequency, amount and specify transaction name for reference.

Frequency Option - Weekly, Monthly, Alternate months, Quarterly, or Yearly.
Transaction Date – Your account credit date is when you need the fund in your Zerodha account which is known as your SIP date. The actual transaction will happen in one working day in advance.
Amount – The maximum fund-per-day limit is 1 lakh. You can schedule multiple transactions in a day, but they should be in the 1 lakh limit.
Transaction Name – The name will be displayed in your bank account statement. So give it an appropriate and meaningful name to avoid confusion.

How to stop your schedule recurring transaction with Zerodha e-Mandate?

When you schedule a transaction, there is no end date setup in the system. You need to manually go and cancel the transaction. To stop the payment, you need to give advance notice 3 to 4 working days ahead of time.

Go to your schedule.
Click on 3 dots on specific schedule.
Delete schedule.

To cancel your e-Mandate registration, you need to lodge a request to your bank.

10. How to open Zerodha mutual fund account?+

When you open a Demat account with Zerodha the mutual fund account gets automatically activated. Zerodha mutual fund platform is called “Coin”. The login credentials to your “COIN” is the same as Zerodha’s “KITE”.

You can visit COIN by Zerodha from your web browser and use KITE login credentials to Login or you can download the COIN app from the play store.

Note:- COIN is India's largest direct mutual fund platform, where you can buy more than 2000+ mutual funds. The COIN platform is absolutely free, and Zerodha doesn’t charge you anything for investing through it.

Open Zerodha Account Now

11. Is zerodha safe for mutual funds?+

Yes, it is absolutely safe investing in Mutual funds through Zerodha. As the mutual funds are stored in Demat form in your CDSL Demat account, it becomes very safe even if Zerodha doesn’t exist in the future. Your stocks and mutual funds all are stored in Demat form with a depository (CDSL) which makes investing safer than ever before.

Currently, Zerodha is the largest broker in the country with the highest number of clients. It has become a trusted brand over the years. For the last some years it has been the most profitable broker in India with a stable revenue model.

12. What are Zerodha mutual funds brokerage charges?+

Using Zerodha’s mutual fund platform “COIN” is absolutely free. Zerodha doesn’t charge any fees for investing through COIN. It also doesn’t charge any DP charges for investing in mutual funds.

There is also no account maintenance charge for using COIN since all the mutual funds are held in Demat form.

However, the AMCs(fund managing houses) may charge their respective expense ratios and other taxes.

13. How to start a mutual fund SIP with Zerodha Coin?+

You can start a SIP in direct mutual funds through COIN by Zerodha by following the below steps.

Step-1: Login to https://coin.zerodha.com/
Step-2: Search for any mutual fund in the dashboard section in the search bar.
Step-3: Click on the mutual fund, and then choose the “SIP”
Step-4: Click on “initial investment” and put the amount. The initial investment is the minimum investment that is done on the day of the creation of SIP.
Step-5: Then put “installment amount”, and choose the frequency and the
Step-6: Click “create SIP”

Once you create this, the initial investment will be invested that time and the installment amount/ sip amount will be invested in your selected frequency and dates.

14. Does Zerodha offer direct mutual funds?+

Yes, Zerodha offers direct mutual funds. Its Coin platform provides free access to 5000+ direct mutual fund schemes for investment.

Zerodha Mutual fund product: Direct Plans
AMCs available: 40+ AMCs
In-house mutual funds: Zerodha Mutual fund house offering ETFs
MF brokerage: No brokerage charges
MF Investment option: SIP and Lumpsum
Zerodha MF platform: Coin mobile app and coin web

15. Can Zerodha be used for mutual funds?+

Yes, Zerodha provides India’s largest Direct Mutual Fund platform. You can choose to invest in any mutual fund out of thousands of direct mutual funds available at Zerodha Coin.

Investing in the Mutual fund through COIN-Zerodha is totally commission-free.

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