Zerodha, with more than 2 million clients (1.15 million active clients), is the largest discount stockbroker of India. Among many of its services, Zerodha mutual fund stands apart that brings much convenience for investors to multiply their investments.
Invest smartly by keeping yourself updated with the stock market news at Zerodha Pulse.
Here we will discuss the Zerodha mutual fund in brief. When considering the mutual fund, one can purchase it in either of the two ways either through a distributor or directly through AMC.
Role of Mutual Funds in Demat
Holding mutual funds in the Demat account offers many benefits. It is a single portfolio that helps view all the investments.
By investing using the Demat account one access the data that is unforeseen and is about to happen in the future.
Investing in mutual funds is similar to investing in stocks especially if you choose to invest in mutual funds at Zerodha.
Zerodha Mutual Fund Review
Zerodha the best stockbroker offers its customers a direct mutual fund platform through Zerodha Coin. It allows customers to buy direct mutual funds online from the asset management companies. Thus, it does not involve any commission passback.
Distributors or intermediaries who help in purchasing the mutual fund earn a lot of commission from investors. But by choosing Zerodha for mutual fund you can prevent yourself from paying the commission and can purchase mutual funds directly from the fund house.
This helps customers in saving both upfront and trail commission on the investment made. To invest in Zerodha mutual fund, you only need to visit its office, fill the form and invest your fund.
Also investing in Zerodha mutual fund offers you many other benefits like tracking investment in a different fund, signing multiple NACH forms for Zerodha SIP, stopping SIP conveniently, etc.
Still wondering why should you invest in the Zerodha Mutual Fund Direct Plan. Here are some of the top reasons:
It allows you to buy a mutual fund directly from the asset management companies that preventing you to pay any commission.
Zerodha does not charge any fees, brokerage charges, or commission on any mutual fund investment
It provides the facility for both lump sum and SIP investment.
The customer offers better control over the SIP plan and allows to invest without any ECS/NACH requirement. You can increase or decrease the SIP value as per your requirements.
Zerodha mutual fund allows you to invest online at your convenience.
The Zerodha member can invest in multiple securities through one trading account.
One can merge all the investment in one Demat Account.
Apart from all the above benefits of investing in Zerodha mutual fund, the best reason that the broker gives you is the platform for making mutual fund investment, Zerodha Coin.
With Zerodha Coin, one can invest in mutual fund smartly and can earn profit by:
Not paying any commission
Investing direct mutual fund in Demat form
Viewing the single capital gain statement, P&L visualization
Zerodha Mutual Fund Charges
The best thing that influences and attracts many investors towards the Zerodha mutual fund is zero charges.
Zerodha does not charge any fees for providing the Mutual Fund. So if you are looking forward to Zerodha’s mutual fund investment then get started simply with Zerodha Coin without paying any charges.
However, since the mutual funds investment is linked with the Demat account, the customer needs to pay Zerodha AMC Charges to keep the account active.
Also, Zerodha allows you to buy mutual funds directly from the asset management companies thus there is no commission on buying a mutual fund. Customers buying mutual funds from Zerodha can save up to 1% to 1.5% of the annual commission.
In case you need any kind of support concerning the Zerodha MF then you can contact the team at the customer support number given below.
Zerodha Customer Support
New Account Opening
9:00 AM-6:00 PM
080 4913 2020
080 6666 2020
8:30 AM- 6:00 PM
080 4040 2020
080 6620 2020
Call & Trade
9:00 AM-12:00 AM
080 4040 2020
080 6620 2020
Zerodha offers the best opportunity for investors to save their investment by zero charges for mutual funds. Also, since it offers the direct mutual fund investment scheme thus preventing investors from paying any commission.
Thus help in saving that eventually adds on the total return one earns on their investment in the mutual fund.
In case you are looking to get started with your stock market investments, let us assist you in taking the next steps ahead.
Just fill in a few basic details here to get started:
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