Coin is Zerodha's commission-free mutual fund platform. You can access direct plans from 41+ AMCs (Asset Management Companies) with 2200+ funds. Coin holds all your investments (mutual funds, stocks, bonds) in demat format, giving you a unified portfolio view.
You can access Coin by visiting coin.zerodha.com or by downloading the Coin app from the Android Playstore and iOS Appstore.
Key features
- Commission-free direct plans: Direct plans have lower expense ratios, which means you get higher returns compared to regular plans that include commission costs. However, standard charges for investing in mutual funds still apply.
- Flexible SIPs: You can start, pause, or modify SIP amounts easily. Coin offers a step-up SIP feature that automatically increases your investment amounts.
- Advanced features: Coin provides Systematic Transfer Plan (STP), Systematic Withdrawal Plan (SWP), conditional orders, and much more.
- Easy inheritance: The demat format simplifies nominee claims compared to managing multiple AMC folios across different fund houses.
- Fund analysis: You can compare different funds and view the underlying sectors and companies that fund houses invest in.
Coin offers many other advantages for seamless mutual fund investing.