Coin offers mf only in demat form. I don't remember the details but non-demat for mf is considered better and thats my current mf is in non-demat form.
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Mutual Funds
- Thread starter amda
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You don't have to do anything yet. So far they have not announced any changes for the users. SIP will work as usual.
Your investment is also safe, kuvera is just an middle-man (advisor). They don't keep or manage funds, only the AMC/Mutual fund where you invest has access to the funds. Even if kuvera disappears your funds are safe.
If you are investing only in 1-2 funds you can directly login to that MF website and setup your SIP. OR start looking for an alternative app like kuvera.
Kuvera app offered a nice UI to see all your investments with nice analytics, thats all they do. Their interface was clean and free.
Main concern with CRED is its a loss making company with no real business, their only plan is to sell your data. Kuvera also doesn't have much real business, the direct fund only business without any subscription fees is difficult to sustain.
Your investment is also safe, kuvera is just an middle-man (advisor). They don't keep or manage funds, only the AMC/Mutual fund where you invest has access to the funds. Even if kuvera disappears your funds are safe.
If you are investing only in 1-2 funds you can directly login to that MF website and setup your SIP. OR start looking for an alternative app like kuvera.
Kuvera app offered a nice UI to see all your investments with nice analytics, thats all they do. Their interface was clean and free.
Main concern with CRED is its a loss making company with no real business, their only plan is to sell your data. Kuvera also doesn't have much real business, the direct fund only business without any subscription fees is difficult to sustain.
anmolbhard004
Resonating
Zerodha has 2 options one is AMC SIP and the other is SIP / COIN SIP . But most MFs on Zerodha are AMC Only .
@Smh that amc sip works just like a normal non demat sip that is from their website of AMC.
you can give coin a try .
you may read this Coin SIP vs AMC SIP
@manu1991 yes the mf central seems under development at the moment, its too laggy.
What are your guys portfolio by the way?
@Smh that amc sip works just like a normal non demat sip that is from their website of AMC.
you can give coin a try .
you may read this Coin SIP vs AMC SIP
@manu1991 yes the mf central seems under development at the moment, its too laggy.
What are your guys portfolio by the way?
I have 2 Mutual Fund accounts - Kuvera and other through CA.
I am investing in different Funds through them.
Earlier I had invested in Kuvera as per friend's advice, but later CA modified most of Funds and SIPs as per his knowledge on Kuvera as well as MFs under him.
Overall I am investing 18K per month in Mutual Funds.
I am investing in different Funds through them.
Earlier I had invested in Kuvera as per friend's advice, but later CA modified most of Funds and SIPs as per his knowledge on Kuvera as well as MFs under him.
Overall I am investing 18K per month in Mutual Funds.
anmolbhard004
Resonating
Below are my Mutual Funds-
Axis Bluechip Fund
Axis Multicap Fund
Franklin build India Fund
ICICI Prudential Regular Savings Fund - Growth
ICICI Prudential Balanced Advantage Fund - Growth
Mirae Asset Emerging Bluechip Fund
Kuvera Funds-
Aditya Birla Sun Life Saving Growth Direct Plan
SBI Credit Risk Growth Direct Plan
SBI Nifty Index Growth Direct Plan
HDFC Credit Risk Debt Growth Direct Plan
Tata Retirement Saving Moderate Growth Direct Plan
Quant Small Cap Growth Direct Plan
Axis Bluechip Fund
Axis Multicap Fund
Franklin build India Fund
ICICI Prudential Regular Savings Fund - Growth
ICICI Prudential Balanced Advantage Fund - Growth
Mirae Asset Emerging Bluechip Fund
Kuvera Funds-
Aditya Birla Sun Life Saving Growth Direct Plan
SBI Credit Risk Growth Direct Plan
SBI Nifty Index Growth Direct Plan
HDFC Credit Risk Debt Growth Direct Plan
Tata Retirement Saving Moderate Growth Direct Plan
Quant Small Cap Growth Direct Plan
Mine is mostly in Quant Active, Mirae Largecap, Axis Nifty 100, Kotak Infrastructure Fund & Tata Small Cap. I don't have any SIP but invest lumpsum every 2-3 months. Although Tata Smallcap has now stopped accepting lumpsum investments.
@SVK - your non-kuvera investments - are all of those regular plans instead of direct? If yes, you'd be losing out on roughly 1% returns which your CA is earning as commission.
@SVK - your non-kuvera investments - are all of those regular plans instead of direct? If yes, you'd be losing out on roughly 1% returns which your CA is earning as commission.