
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.
Reasons that encourages you to invest in mutual funds on Zerodha Coin are:
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.
| 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 |
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.
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.
Register mandate to auto debit SIP payments at a regular interval.
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:
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.
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:
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.
Zerodha coin platform features
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.
| 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 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:
| Helpdesk No. | |
| Zerodha Mutual Fund Customer Support | Raise a Ticket |
| Zerodha Mutual Fund Helpline number | +91 80 4718 1888 |
To redeem the mutual funds through Zerodha Coin follow the steps mentioned below.
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.
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.
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.
To pause the SIP in the COIN app, follow the below steps.
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.
To pause the SIP in the COIN app, follow the below steps.
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 –
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.
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.
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.
To cancel your e-Mandate registration, you need to lodge a request to your bank.
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.
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.
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 offers direct mutual funds. Its Coin platform provides free access to 5000+ direct mutual fund schemes for investment.
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.