Coin by Zerodha

Zerodha

About this app

Invest in commission-free direct mutual fund schemes across 40 fund houses. Join 2.5+ lakh investors who have invested over 4500 crores.

Flexible
Create, pause, and modify your SIPs anytime you want, instantly and hassle-free.

Discovery
Search and discover funds with easy to navigate themes, fund categories and scheme details

View Scheme Holdings
Detailed information on the weights of underlying securities and sector-wise data.

Fund House Views
Short videos featuring fund managers explaining their fund management philosophy to help your fund selection process.

Tax Saving
Save taxes under Section 80C by investing in ELSS funds. One-click statement to file your taxes.

Instant Payments
Fund your purchase orders instantly through UPI payments.

eMandate for SIPs
Create automated fund transfers through eMandates to fund your SIP instalments.

Some other features:

• You can view curated schemes in different categories to help you get started.
• Annualized (XIRR) and absolute returns.
• Mutual funds are held in demat form, and thus easier to pledge as collateral for a loan against securities and margin for trading in derivatives and stocks.

Zerodha: Member of NSE & BSE – SEBI Registration no.: INZ000031633.
CDSL: Depository services through Zerodha Securities Pvt. Ltd.
SEBI Registration no.: IN-DP-431-2019

Ratings and reviews

Awesome app!! The team has continually worked hard to keep the interface clean and neat. Kudos for keeping pace with the changing regulations albeit few downtimes which is tolerable as long as the system becomes more robust and usable. Secondary bank account enablement is one feature which I miss and hope the team will enable it sooner than latter.

This used to be the best MF app, but ever since the Jul 1 SEBI regulatory update, it has turned into a headless chicken. Every order has to be placed twice (due to unknown error), each payment has to be done separately, redemption time has increased, unwanted/error orders can't be deleted, secondary bank accounts are no longer usable. Maybe it'll take some time to optimize everything for the new regulations, but until then, my rating will be 2*. Hoping these issues are noticed by the app team.

Asking password and 2fa for every order 28/07/2022 - Not asking for password or 2FA anymore (increased to 3star) but the UI is still browser based. Coin > chrome> upi app. It doesn't automatically come back to Coin. And the browser just stays like that after transaction. Overall difficult for elderly persons to navigate. Pieces are poorly put together.

What's new

Bug fixes and enhancements