How to Invest in Direct Mutual Funds?



  • Zerodha is gone away with Rs50 a month fee now.
    Now they no more charge any thing for direct investments to mutual funds.



  • @prateek Yes, I too have heard that Zerodha coin has done away with the fee of Rs.50 they used to charge earlier for direct investments above certain limit. It's completely free now! A tough competition for other direct fund platforms now. They are leaving no stone unturned to grow bigger and attract more investors.



  • But remember, to use Zerodha Coin, you have to create a demat account with it Zerodha. Whose fees is 300+GST per year.



  • Well.. so yeah race to the bottom has happened sooner than later .. Zerodha coin is zero fees now. It seems like Zerodha thinks that getting MF people with zero fees can hook the people to trading(The only way zerodha makes money as of now is trading, not even delivery/investment). Lets see how their assumption goes.



  • Yes,

    MFutility is the best. I think that we should use MF utility.

    Thanks.



  • Well Sure,

    If you can bear with the user interface of MFUtility, its the best. Most of the online platforms also use MFUtility only.

    Also, business model of most of the platforms is not clear so I believe that 80% of them would not be able to survive. MFU will stay forever.



  • @jatinkhanna nice article



  • Experienced investors who are aware on how mutual funds perform can directly visit the website of AMC's to invest in mutual funds directly. SBI Mutual Funds , Franklin Templeton Mutual Funds etc allow investors to invest in direct mutual funds through their website portals. New or novice investors can hire financial planners that can help them create a mutual fund investment portfolio suitable for them.



  • @vikas_nair one of the big downsides of investment with individual AMCs is the hassle to maintain multiple accounts. thats when the platforms like zerodha coin, MFU etc help.



  • A mutual fund investing is a pool of savings contributed by multiple investors. The common fund so created is invested in one or many asset classes like equity, debt, liquid assets etc. It is called a ‘mutual’ fund because all risks, rewards, gains or losses pertaining to, or arising from, the investments made from this savings pool are shared by all investors in proportion to their contributions.



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