Zerodha Coin

Zerodha Coin is a direct mutual fund platform designed to facilitate seamless investment in mutual funds. It allows users to purchase mutual funds directly from asset management companies without incurring any commissions. This platform is part of a broader suite of financial services that also includes brokerage-free equity delivery trading.

Key features of Zerodha Coin include the ability to invest in mutual funds without a demat account being mandatory for some operations, although a demat account is required for full functionality. The platform supports new fund offerings (NFOs), which are accessible via the web interface. However, it does not provide the option to switch from regular mutual funds to direct plans.

Zerodha Coin is integrated with other Zerodha services, offering users a comprehensive financial management experience. This integration allows for streamlined trading and investment processes, making it easier for users to manage their portfolios across different asset classes. The app is available for both Android and iOS devices, ensuring accessibility across various mobile platforms.

By using Zerodha Coin, users can benefit from a simplified investment process, reduced costs associated with traditional mutual fund investments, and the convenience of managing their investments through a user-friendly interface.