How To Buy Direct Mutual Funds in Zerodha Coin?

Finance Guru Speaks: This article will guide you on how to Buy Mutual Funds in Zerodha Coin.

How To Buy Mutual Funds in Zerodha Coin

As per the Website- Zerodha Coin is India's largest direct mutual fund platform that lets you buy direct mutual funds online with no commission passback, directly from asset management companies.

Zerodha, as a Trading and Demat Account, has gained very wide popularity because of very low-cost trading and ease of use. If you don't have the Zerodha account, then you can open it through this LINK. It is very easy to open a Demat Account in Zerodha.

Steps to Buy Mutual Funds in Zerodha Coin:-

1. Login to Coin by Website or Mobile App. In this article, we have purchased Mutual Funds via Coin Android App through Smartphone.

How To Buy Mutual Funds in Zerodha Coin

2. On the Home Page, go to the Explore Section to search your desired Mutual Fund to be purchased, as shown below:-

Click to enlarge - How To Buy Mutual Funds in Zerodha Coin

3. On the Next Screen, start typing the Mutual Fund name. As an example, we are buying Axis Liquid Fund - Growth option - Direct Plan. The steps mentioned can be applied to all other Mutual Funds as well.

Click on the Fund Name as shown below:-

Click to enlarge - How To Buy Mutual Funds in Zerodha Coin

4. On the Next Screen, click on the Buy button:-

Click to enlarge - How To Buy Mutual Funds in Zerodha Coin

5. On the Next Screen, enter your investment amount in the multiple of INR500 (Example - 10000, 5500, etc.) and again click on the Buy button:-

Click to enlarge - How To Buy Mutual Funds in Zerodha Coin

6. On the Next Screen, confirm the purchase by clicking on Invest button:-

Click to enlarge - How To Buy Mutual Funds in Zerodha Coin

Congratulations! You have successfully placed Buy request for your desired Mutual Fund. Once this Order is processed by AMC (Mutual Fund House), you can find the processed Mutual Funds units in your Zerodha Demat Account.

Also Read:

How To Sell Mutual Funds in Zerodha Coin?

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Images Courtesy: Zerodha App/Website

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