How to Buy Mutual Funds in Zerodha: 5 Easy Steps

By | September 25, 2022

Mutual funds are great investment for the future. They are a great way to diversify your portfolio and mitigate risk. On the other side, Zerodha, is an Indian online brokerage firm that offers trading in stocks and derivatives, as well as mutual funds. Many people have complain that they don’t see any option to invest in mutual funds in Zerodha. So, let’s see how to buy mutual funds in Zerodha in 5 easy steps.

how to buy mutual funds in zerodha

Table of Contents:

  • Is it safe to buy and invest in mutual funds from Zerodha
  • Can I buy direct mutual funds from Zerodha
  • How to buy mutual funds in Zerodha in 5 easy steps
  • Which mutual fund is best
  • Which mutual funds can give highest return
  • Is it better to buy mutual funds directly or through Zerodha

Founded in 2006 by Mr. Nithin Kamath, Zerodha has grown to be one of India’s leading online brokers with over 6 million customers across the country. Zerodha offers equity trading for Indian stocks on the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).

Is It Safe to Buy Mutual Funds From Zerodha

The best part about investing in mutual funds is that you don’t have to do the research on which stocks to invest in. You can just invest your money into a fund which will make all of those decisions for you.

The downside of investing in mutual funds is that they can be expensive because there are many layers of fees involved with them.

Zerodha is a financial services company that offers mutual funds as one of their investment products. They are registered with SEBI and are an authorized distributor for all the firms they offer these funds from. This means that they have the necessary regulatory permissions to provide these investments to you and you can be confident in your purchase.

Can I Buy Direct Mutual Funds From Zerodha

Yes, you can buy direct Mutual funds from it. You just have to open an account with Zerodha and then buy the Mutual fund that you want.

Investing in mutual funds spread the risk over many investors and allow people who may not have enough money to invest on their own to participate in the market. They are sold by prospectuses that outline the fund’s objectives, risks, and fees.

How to Buy Mutual Funds in Zerodha in 5 Easy Steps

Zerodha has enabled only those customers to buy mutual funds who have opened their demat account through this platform. To purchase, invest and trade in mutual funds, the company has launched a separate app, called “Coin By Zerodha”.

5 Easy Steps to Buy Mutual Funds in Zerodha are:

  1. Open demat account on Zerodha
  2. Download “Coin By Zerodha” app from play store
  3. Login to app with your Zerodha login details
  4. Add funds to the app to buy mutual funds
  5. Click on discover, search for the desired mutual fund and place order

Coin by Zerodha provides you both the option to invest in mutual funds : 1) One Time Investment, 2) SIP Investment. The minimum amount required for one time investment is 100.

Which Mutual Fund is Best

Mutual funds are a great investment option for people looking to grow their wealth. They are managed by a fund manager, who invests in stocks and bonds on behalf of all the investors.

The best mutual fund is the one that suits your risk profile, has low costs and has a good track record. Mutual funds are an easy way to invest in stocks, bonds or other types of investments because they diversify your portfolio for you.

Steps to Find Best and High Return Mutual Funds

There is no magic formula for picking the best mutual fund. But there are some general guidelines you can follow to help you find high return mutual funds.

1) Look for low fees: The lower the fee, the higher your return will be over time.

2) Evaluate past performance: A good mutual fund will have a good past performance record with low volatility.

3) Consider your risk tolerance: If you are more risk tolerant, then look for aggressive funds that may offer higher returns but also have higher volatility.

Is It Better to Buy Mutual Funds Directly or Through Zerodha

It is better to buy mutual funds directly if you want to invest a small amount of money and don’t want to pay any transaction charges. The downside is that you won’t be able to buy and sell the funds as easily as you could with Zerodha.

If you want more control over your investments, it’s better to invest through Zerodha. You can invest as much or as little money as you want, and they charge zero transaction fees. The downside is that they may have higher management fees than other mutual fund providers like HDFC Mutual Fund or SBI Mutual Fund.

So, this is how to buy mutual funds in zerodha in just 5 easy steps. If you have any suggestion or anything to ask if having any doubt, please let me know buy leaving a comment below. Thank You!

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