Zerodha on Tuesday launched a trading platform for mutual funds. Investing through Zerodha would be brokerage-free, the discounting brokerage firm has said.
The transactions would be executed through the BSE Star MF platform.
Investors can choose from various options, such as lump sum payment, one-time investment or systematic investment plan. Investors can hold mutual funds in their demat accounts along with shares, thus getting portfolio details in a single window.
One of the special features of the platform is the conditional order, based on NAV price. “Investors can preset buy or sell order of mutual fund units based on a particular NAV price. Once the price is triggered, the order would be executed,” said Nithin Kamath, Founder & CEO, Zerodha.
