The new COIN platform from Zerodha makes a revolutionary change on how the traditional SIP worked in India.
The Zerodha Coin platform helps you invest directly in the portfolios of SIP Asset Management Companies in India.
As a consumer, you can now buy directly from the manufacturer instead of approaching the wholesaler or the retail suppliers.
You as an SIP investor , buys directly from your SIP Asset Management Company (AMC).
With no middlemen involved, you now directly invest the SIP of your choice. NO middlemen = You save on commission.
Traditionally, the commission structure gets indirectly discounted in your total investment amount. Now by using the COIN platform you save this by going commission free.
No upfront or trailing commissions are charged by Zerodha, for using the Coin platform for your SIP investments,
They allow you to use the COIN platform free of charge for the first 25,000 of your SIP investment.
After the 25000 INR SIP threshold, a flat fee of 50 INR per month is charged, irrespective of the investment you make.
More technical on the Zerodha COIN PLATFORM
Mutual Funds investments are subject to market risks, read all scheme related documents carefully. Past performance is not an indicator for future returns.