SIP on WebNotes

Mutual funds on Zerodha (Coin)

Mon, 11 May 2026 00:00:00 +0000

Coin is Zerodha’s mutual fund investment platform, operated as part of the Zerodha product suite. Launched in 2017, Coin allows investors to buy and sell direct-plan mutual fund units without paying any distributor commission. All units purchased through Coin are held in the investor’s demat account at CDSL rather than in a foliostatement form with the Asset Management Company (AMC). Coin is accessible through the Coin mobile application, the Coin website (coin.zerodha.com), and from within Kite’s sidebar.

UPI mandate

Mon, 11 May 2026 00:00:00 +0000

A UPI mandate is a future-dated payment authorisation under the Unified Payments Interface (UPI) framework. It allows a payer’s bank to pre-authorise a debit of up to a specified maximum amount from the payer’s account on a specified future date or on a recurring schedule, without requiring the payer to re-enter a UPI PIN at the time of each debit. The mandate construct was introduced in UPI 2.0, released by the National Payments Corporation of India (NPCI) in August 2018.

Zerodha Coin (direct mutual fund platform)

Mon, 11 May 2026 00:00:00 +0000

Zerodha Coin is a direct mutual fund investment platform operated by Zerodha, accessible at coin.zerodha.com. Coin allows Zerodha clients to invest in direct plans of mutual fund schemes offered by asset management companies (AMCs) registered with the Association of Mutual Funds in India (AMFI), without routing through a distributor or financial advisor. Mutual fund units purchased through Coin are held in the investor’s demat account rather than in a statement-of-account (SOA) format, distinguishing Coin architecturally from distributor-based and registrar-based mutual fund platforms.