Why would someone invest in mutual funds through Zerodha when he himself can invest in these funds directly through net banking and get same day NAV if invested before 3:00 pm and without any brokerage.Investing through Zerodha means fund house pays brokerage to Zerodha which ultimately is recovered from us not only for initial investment but also trail commissions for subsequent years ( investments through Zerodha are in regular plans and not in direct plan) . All Zerodha investors are internet money transfer enabled and investing directly is 2 minutes job through net transfer of money. We can opt for credit of mutual fund units in our Demat accounts too if we so desire.
For investing through Zerodha we have to transfer the funds to Zerodha account beforehand. We can get better deal if we invest directly.
So I see no advantage of going through Zerodha.
Smart_trade
Even i had same thoughts
Few day back i got mail from invezta [I am not linked with them]
They offer same service like zerodha MF only difference is they yearly amc charges of 1.2k
Until Dec. 2105, there were only two ways to buy direct mutual funds:
Directly with the AMCs (no fees involved)
Via MyCAMs for a few mutual funds (no fees involved)
MF Utility - Run my 25 mutual fund companies (no fees)
Their is lot of new site coming up with small fee/AMC like Invezta, Unovest, BharosaClub and ORO Wealth and More are to come.
One of best things happen in MF is
Disclose all mutual fund commissions/expenses to investors by SEBI
For me Directly with the AMCs works best...
Will have see how MF Utility works