FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
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Zerodha Mutual Fund Investment 2024

Rated 4.5/5 by InvestorGain Team
Zerodha Mutual Fund Investment
  1. The Pioneer Discount Broker
  2. Get 100% Free Delivery Trading
  3. Free Direct Mutual Funds & SIP

Zerodha coin is the dedicated direct mutual fund investment platform. Customers can open a free Zerodha mutual fund account and start investing in direct plans from 40+ AMCs. You can buy (SIP or lumpsum) and sell or redeem in thousands of direct schemes with Zerodha. The broker allows zero brokerage or commission-free direct mutual fund investment through its Coin web and Zerodha Coin app platform. Let’s find out Zerodha mutual fund review here including the process of how to open Zerodha MF account, brokerage and redemption charges, Zerodha coin platform features, customer care details, and more.

Zerodha Mutual Fund Charges

Groww is a complete free platform for investment in direct mutual funds at zero brokerage, nil subscription fees, or transaction charges. The broker further doesn’t charges any mutual fund withdrawal fees from clients to redeem their mutual funds from Groww app or website.

Zerodha mutual fund brokerage charges
Particulars Brokerage charges
Zerodha Mutual Fund Account Opening Charges Free
Zerodha Mutual Fund Account AMC Free
Zerodha Mutual Fund Brokerage Charges Zero brokerage
Zerodha Mutual Fund Commission Fee Zero commission
Zerodha mutual fund redemption charges Zero
Zerodha mutual fund DP charges Zero DP charges

Zerodha Mutual Fund Account Opening Process

  • To invest in mutual funds with Zerodha, you don’t need a separate mutual fund account because if you opened a Zerodha Demat and Trading account then you will have direct access to the Zerodha Coin MF investment platform. You can log in with the coin web and app platform using Zerodha Kite login credentials.

Zerodha Mutual Fund Investment

Zerodha provides SIP as well as lumpsum investment facility to customers. You can start SIP with as low as just Rs. 500 per month in your choice of scheme.

Steps to start SIP with Zerodha Coin:

  1. Login to Zerodha Coin (Web or App) platform using Kite credentials.
  2. Select the scheme using different search filters.
  3. To purchase SIP, click on the “Direct SIP” option.
  4. Now enter details i.e. initial investment, SIP amount, and frequency i.e. weekly, 15 days, monthly, or quarterly.
  5. Tap on the “Start SIP” option and make the payment of the first SIP installment.
  6. SIP amount will be deducted automatically from your bank account on every SIP due date.

Steps to invest lumpsum with Zerodha Coin:

  1. Login to Zerodha Coin platform.
  2. Select the scheme, you want to invest in.
  3. To invest lumpsum money, click on the “Buy Direct” option.
  4. Enter the investment amount must be equal to or greater than Rs. 5,000.
  5. Press the “Buy” button and pay the investment amount. Upon successful payment, your investment is done!

Zerodha Mutual Fund Cut-off Time

Zerodha MF cut-off timing
Type of MF scheme Cut-off timing NAV Applicability rule
Liquid and Overnight Fund 12:00 PM (Purchase)

NAV applicable will be of T-1 day (previous day NAV). For instance, if you placed an order before 12PM on Friday, then units allotted will be as per Thursday’s NAV.

Other schemes 1:30 PM (Purchase)

Any other scheme excluding liquid & overnight funds, units will be allotted as per same day’s NAV (T day) and the units will be settled into Zerodha coin holding as per T+1 day.

For example, order placed within the cutoff-time before 1:30PM on Friday, then Friday’s NAV will be applicable on your investment, however, orders received after the cut-off timing, then Next day (T+1) NAV will be applicable on the investment.

MF Redemption of any scheme 1:30 (Redemption) NAV of T day will be applicable on all the withdrawal requests received in any mutual fund scheme before the cut-off timing; else next day’s NAV will be applied.

Zerodha Mutual Fund Pledging

Yes, Zerodha allows its customers to pledge mutual fund holdings or investments to get collateral margins. Users can pledge their MF in Zerodha on the Console central reporting dashboard.

  • Zerodha Mutual Fund Pledging charges: 30 + GST per scrip
  • Zerodha pledging interest: 0.05% interest each day on the debit balance.
  • Zerodha Pledging process time: 2:00 PM and 5:00 PM in the working day

How to pledge mutual funds in Zerodha?

Zerodha Mutual Fund Platform

Zerodha coin is its in-house dedicated Direct Mutual Fund Investment platform that allows investment in direct mutual funds of top AMCs for free at nil brokerage, commission, or subscription fee.

Zerodha Coin Mutual Fund Platform Features

  • Invest, redeem, or stop mutual funds investment anytime.
  • Commission-free direct mutual fund investment of 40+ AMCs.
  • Online mutual fund investment at no paperwork.
  • UPI-based payment interface for investment.
  • Keep shares and mutual fund holdings in Zerodha Demat account.
  • Free mutual fund redemption anytime through the Coin platform.

Know more on Coin Zerodha

Zerodha Mutual Fund Customer Care

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

FAQs

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

 

 

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.

 

 

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.

 

 

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.

 

 

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.

Zerodha Coin Review

 

 

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”.

 

 

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.

 

 

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.

 

 

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”.

 

 

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.

 

 

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.

 

 

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.

 

 

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.

 

 

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.

 

 

Last Updated on 2024-05-23