How To Sell Mutual Funds in Zerodha Coin?

Finance Guru Speaks: This article will guide you on how to Sell Mutual Funds in Zerodha Coin.

How To Sell Mutual Funds in Zerodha Coin

As per the Website- Zerodha Coin is India's largest direct mutual fund platform that lets you buy/sell direct mutual funds online with no commission passback, directly from asset management companies.

Zerodha, as a Trading and Demat Account, has gained very wide popularity because of very low-cost trading and ease of use. If you don't have the Zerodha account, then you can open it through this LINK. It is very easy to open a Demat Account in Zerodha.

Steps to Sell Mutual Funds in Zerodha Coin:-

In my previous article (link), I have shared the Steps to Buy Direct Mutual Funds in Zerodha Coin. So I assume that you have already purchased Mutual Fund units in your Zerodha Coin account.

1. Login to Coin by Website or Mobile App. In this article, we have sold Mutual Funds via Coin Android App through Smartphone.

How To Sell Mutual Funds in Zerodha Coin

2. On the Home Page, go to the Investments section & click on the Fund Name to sell your desired Mutual Fund, as shown below.

In this article, we are selling ICICI Prudential Liquid Fund. The steps mentioned can be applicable for other Mutual funds as well:-

click to enlarge - How To Sell Mutual Funds in Zerodha Coin

3. On the Next Screen, click on 3 dots as shown below:- 

click to enlarge - How To Sell Mutual Funds in Zerodha Coin

4. Now, click on the Redeem button:-

click to enlarge - How To Sell Mutual Funds in Zerodha Coin

5. On the Next Screen, enter the Mutual Funds Units to be Redeemed (E.g. 200) and click on the Redeem button:-

click to enlarge - How To Sell Mutual Funds in Zerodha Coin

6. Again click on the Redeem button:-

click to enlarge - How To Sell Mutual Funds in Zerodha Coin

7. You have to complete this redemption by authorizing it via CDSL (your Demat depository). Click on Continue button:-

click to enlarge - How To Sell Mutual Funds in Zerodha Coin

8. On the Next Screen, click on Continue to CDSL button:-

How To Buy Direct Mutual Funds in Zerodha Coin?

Finance Guru Speaks: This article will guide you on how to Buy Mutual Funds in Zerodha Coin.

How To Buy Mutual Funds in Zerodha Coin

As per the Website- Zerodha Coin is India's largest direct mutual fund platform that lets you buy direct mutual funds online with no commission passback, directly from asset management companies.

Zerodha, as a Trading and Demat Account, has gained very wide popularity because of very low-cost trading and ease of use. If you don't have the Zerodha account, then you can open it through this LINK. It is very easy to open a Demat Account in Zerodha.

Steps to Buy Mutual Funds in Zerodha Coin:-

1. Login to Coin by Website or Mobile App. In this article, we have purchased Mutual Funds via Coin Android App through Smartphone.

How To Buy Mutual Funds in Zerodha Coin

2. On the Home Page, go to the Explore Section to search your desired Mutual Fund to be purchased, as shown below:-

Click to enlarge - How To Buy Mutual Funds in Zerodha Coin

3. On the Next Screen, start typing the Mutual Fund name. As an example, we are buying Axis Liquid Fund - Growth option - Direct Plan. The steps mentioned can be applied to all other Mutual Funds as well.

Click on the Fund Name as shown below:-

Click to enlarge - How To Buy Mutual Funds in Zerodha Coin

4. On the Next Screen, click on the Buy button:-

Click to enlarge - How To Buy Mutual Funds in Zerodha Coin

5. On the Next Screen, enter your investment amount in the multiple of INR500 (Example - 10000, 5500, etc.) and again click on the Buy button:-