Congratulations on reaching our complete guide on Zerodha Coin! If you’re a beginner investor or want to make investing easy to grow your money in India, you’ve landed on the correct page. Zerodha Coin is a widely used platform that helps you invest in mutual funds with no additional commissions.
In this article, we will dissect everything step by step, from its history to how you can get started. Whether you are a novice or a seasoned investor, this article will make you understand why millions of Indians rely on Zerodha Coin for their financial objectives.
Let’s start and discover how this instrument can help you achieve wealth wisely.
Zerodha Coin is a web platform provided by Zerodha, a top discount brokerage company in India. It’s tailored for direct mutual fund investment, so you receive a better return since there are no middleman charges. Unlike typical mutual funds where extra distributor fees are charged, direct plans on Coin help you retain more of your gains.
In India, where the mutual funds and stock market are on fire, one platform like Zerodha Coin provides the ability for everyone to invest. You can start with even ₹100 in the form of Systematic Investment Plans (SIPs) or do a lump-sum investment. It’s also built into Zerodha’s flagship trading app, Kite, so if you’re already trading stocks, it’s easy to add mutual funds to your arsenal. With over 1.3 crore users and assets under management of over ₹70,000 crores, Zerodha Coin is the go-to option for low-cost, safe investing.
If you’re tired of complicated apps or high fees from banks, Coin offers a straightforward way to invest in thousands of mutual funds from top companies like HDFC, SBI, and ICICI.
The History and Growth of Zerodha Coin
Zerodha was established by brothers Nikhil and Nithin Kamath in Bangalore in the year 2010. It began life as a discount broker to compete against conventional companies with high fees for trading. Zerodha rapidly expanded with flat ₹20 brokerage for trades, winning over millions of young investors.
Zerodha Coin was introduced in 2016 as a mutual fund investment extension. Banks and agents used to buy most people’s mutual funds, taking commissions, cutting returns. Coin disrupted this by facilitating direct online investment, without commission. This was a revolution, particularly following demonetization in 2016, when Indians shifted more towards digital investment.
Zerodha Coin has grown hugely over the years. By the year 2025, it processes more than ₹70,000 crores in investments and is India’s largest direct mutual fund platform. The company’s total user base surpassed 1.3 crore, accounting for approximately 15% of India’s retail trading volume. Milestones include UPI payments becoming available in-app and features such as XIRR (Extended Internal Rate of Return) for enhanced portfolio monitoring. Though other apps such as Groww compete with it, Zerodha Coin is unique in its transparency and low cost approach.
How Zerodha Coin Works
Zerodha Coin is simple: it’s a web and mobile app where you can buy, sell, and manage mutual funds directly. Here’s the basics:
- Account Setup: You need a Zerodha trading account to access Coin. Once set up, log in to Coin via the app or website.
- Choosing Funds: Search for mutual funds by category (equity, debt, hybrid) or performance. Coin lists thousands of options from various asset management companies (AMCs).
- Investing Options:
- Lump Sum: Invest a one-time amount.
- SIP: Set up automatic monthly investments to average out costs over time.
- STP/SWP: Systematic Transfer Plan or Withdrawal Plan for moving money between funds.
- Payments: Use net banking, UPI, or your Zerodha account balance. Transactions are processed through BSE Star MF or NSE NMF platforms.
- Tracking: View your portfolio, returns, and reports in one dashboard. Funds are held in your name, either in demat form (linked to your trading account) or statement of account (SoA) mode for flexibility.
Redemptions (selling) are quick, with money credited to your bank in 1-3 days, depending on the fund type. It’s all regulated by SEBI, ensuring safety.
Features of Zerodha Coin
Zerodha Coin packs useful features to make investing hassle-free:
- Zero Commission: No brokerage or hidden fees for buying/selling mutual funds.
- Direct Plans Only: Access plans with higher NAV (Net Asset Value) for better returns.
- SIP Calculator: Plan your investments and see projected growth.
- Portfolio Analytics: Track XIRR, total returns, and fund performance with charts.
- In-App UPI: Pay without leaving the app for faster transactions.
- Search and Filters: Find funds by risk level, returns, or ratings from agencies like CRISIL.
- NRI Support: Non-Resident Indians can invest easily.
- Mobile App: Available on iOS and Android for on-the-go management.
- Integration with Kite: Switch between stocks and mutual funds seamlessly.
- Tax Reports: Download capital gains statements for easy filing.
Recent updates in 2025 include improved order status tracking and in-app enhancements for a smoother experience.
Pros and Cons of Using Zerodha Coin
Like any platform, Zerodha Coin has its strengths and weaknesses. Here’s a balanced view based on user feedback:
Pros:
- Cost-Effective: Zero fees mean more money in your pocket—users save up to 1-1.5% annually compared to regular plans.
- User-Friendly for Beginners: Clean interface with educational resources from Zerodha Varsity.
- Reliable and Trusted: Backed by Zerodha’s strong reputation; secure and SEBI-regulated.
- Flexibility: Hold funds in demat or non-demat mode; easy SIP setup.
- High Returns Potential: Direct funds have outperformed regular ones over time.
- Integrated Ecosystem: Great if you already trade stocks on Kite.
Cons:
- Limited to Mutual Funds: Not for direct stock trading (use Kite for that).
- UI Complaints: Some users find the app outdated compared to competitors like Groww, with slower updates on order status.
- No Instant Redemptions: Withdrawals take time, unlike some apps with quicker options.
- Account Requirement: You must open a full Zerodha account, which involves KYC.
- Occasional Glitches: Reports of holdings not displaying or delays in mobile app.
- Less Flashy: Focuses on basics, so no fancy gamification or rewards.
Overall, it’s ideal for long-term investors who prioritize savings over bells and whistles.
Charges and Fees Structure
Zerodha Coin keeps it simple and affordable:
- Brokerage/Commission: ₹0 for all mutual fund transactions.
- Platform Fee: None for investments up to ₹25,000. Beyond that, no ongoing charges mentioned, but standard AMC exit loads may apply (e.g., 1% if redeemed within a year for equity funds).
- Account Opening: Free if you have a Zerodha trading account (₹200 for equity account opening, waived sometimes).
- Other Fees: SEBI turnover fees or GST on brokerage (but since brokerage is zero, minimal). No demat charges for mutual funds in SoA mode.
- Redemption: Free, but fund-specific exit loads if applicable.
Compared to banks or other platforms, you save big—no 0.5-1% annual commissions. Always check fund factsheets for any AMC charges.
Security and Safety Measures
Security is a top priority for Zerodha Coin:
- Regulation: Licensed by SEBI as a broker and depository participant.
- Two-Factor Authentication (2FA): Mandatory for logins and transactions.
- Encryption: All data is encrypted; payments go through secure gateways.
- Biometric Login: Use fingerprint or face ID on the app.
- Fund Segregation: Your money is held directly with AMCs, not Zerodha.
- Audit Trails: Track all activities; regular audits by authorities.
- No Unauthorized Access: PIN or OTP for sensitive actions.
- Insurance: Covered under Investor Protection Fund up to ₹25 lakhs.
Users report feeling safe, with no major breaches. Always use strong passwords and avoid sharing details.
How to Start Investing on Zerodha Coin (Step-by-Step Guide)
Getting started is easy. Follow these steps:
- Open a Zerodha Account: Visit zerodha.com, click “Sign Up,” and complete KYC with Aadhaar, PAN, and bank details. It takes 10-15 minutes online.
- Fund Your Account: Add money via UPI, net banking, or IMPS. No minimum balance required.
- Log in to Coin: Download the Coin app or access via coin.zerodha.com. Use your Zerodha ID.
- Complete e-Mandate: Set up auto-debit for SIPs through your bank.
- Search for Funds: Use filters to pick equity, debt, or index funds based on your risk appetite.
- Invest: Choose lump sum or SIP, enter amount, and pay. Confirm the order.
- Track Progress: Monitor in the dashboard; set alerts for NAV changes.
Tip: Start small with ₹500 SIP in an index fund for practice.
Customer Support and User Experience
Zerodha offers solid support:
- Channels: Raise tickets on support.zerodha.com, call helplines, or use chat in the app.
- Response Time: Tickets resolved in 24-48 hours; phone support during market hours.
- Resources: Free education via Varsity portal; community forums on TradingQ&A.
User experience is variable—commended for plainness but faulted for occasional app lags. In 2025 releases, they’ve enhanced UPI flows and analytics. Many enjoy the straightforwardness of the design, but newbies may want more hand-holding. Overall rating: 4/5 from app stores and opinions.
Conclusion
Zerodha Coin is a reliable, cost-free way to invest in mutual funds and build long-term wealth in India. With its zero-commission model, easy features, and strong security, it’s perfect for anyone serious about saving money on fees. While it may not have the flashiest app, its focus on transparency and user savings makes it a winner. If you’re ready to start, open an account today and take control of your finances.
Remember, investing involves risks—always research and consult a financial advisor if needed.
Learn More:
- How to Start Investing in Mutual Funds in India – Step-by-Step Process for Beginners
- Difference Between Mutual Funds and Stocks – Which is Better for Beginners?
- Understanding NAV (Net Asset Value) in Mutual Funds – What It Means and Why It Matters
- Risks Involved in Mutual Fund Investments – Common Risks and How to Manage Them
FAQs: Zerodha Coin
1. Is Zerodha Coin free to use?
Yes, there are no brokerage fees for mutual fund investments. Only standard fund exit loads apply if you redeem early.
2. Can I invest in stocks on Zerodha Coin?
No, Coin is for mutual funds only. Use Zerodha’s Kite app for stocks and trading.
3. What’s the minimum investment amount?
You can start SIPs from ₹100-₹500, depending on the fund. Lump sums start from ₹1,000.
4. Is it safe for NRIs?
Yes, NRIs can invest, but they need an NRE/NRO account and must follow FEMA rules.
5. How do I switch from another platform to Zerodha Coin?
You can transfer units via a switch request, but it’s easier for new investments. Contact support for help.
6. What if I face issues with the app?
Raise a ticket on their support portal or call. They usually fix things quickly.
7. Are returns guaranteed?
No, mutual funds are market-linked. Past performance doesn’t guarantee future results.
