Zerodha is already a household name among Indian stock market enthusiasts, and its mutual fund platform — Zerodha Coin — makes it incredibly easy for investors to buy direct mutual funds with zero commission.
In this guide, you’ll learn exactly how to buy mutual funds using Zerodha, step by step — including how to set up your account, choose funds, and start SIPs or lump sum investments.
🧠 Why Use Zerodha for Mutual Funds?
Here’s why millions prefer Zerodha Coin:
- ✅ Invest in Direct Plans (higher returns, no commission)
- ✅ One place for both stocks and mutual funds
- ✅ SEBI-registered and highly secure
- ✅ Track everything through the Kite and Coin apps
- ✅ Transparent and user-friendly interface
🛠️ Prerequisite: Open a Zerodha Account
If you don’t already have one:
- Visit https://zerodha.com
- Complete your eKYC using Aadhaar, PAN, and bank account
- You’ll also get access to Zerodha Coin (no extra signup needed)
📝 Note: Unlike apps like Groww or Kuvera, Zerodha requires a demat account to hold mutual funds.
🪜 How to Buy Mutual Funds on Zerodha (Step-by-Step)
✅ Step 1: Log in to Zerodha Coin
- Go to https://coin.zerodha.com
- Log in using your Zerodha credentials (same as Kite)
You can also use the Zerodha Coin app, available on Play Store and App Store.
✅ Step 2: Search for the Mutual Fund
Use the search bar to find mutual funds by:
- Fund name (e.g., Mirae Asset Large Cap Fund)
- AMC name (e.g., HDFC, SBI, Axis)
- Category (large-cap, mid-cap, ELSS, debt, etc.)
🔍 Filter by risk level, returns, fund rating, etc.
✅ Step 3: Choose Investment Type
Once you’ve selected the fund:
- SIP (Systematic Investment Plan): Invest a fixed amount every month
- Lump Sum: One-time investment of a large amount
Click on the option you prefer.
✅ Step 4: Enter Investment Details
- Enter amount (e.g., ₹1000/month for SIP or ₹5000 lump sum)
- For SIPs, select the start date
- Accept the terms and proceed
💡 Pro Tip: Start with ₹500–₹1000/month if you’re a beginner and increase later.
✅ Step 5: Authorize Bank Mandate
For SIPs, you’ll need to set up eMandate (auto-debit):
- You’ll be redirected to your bank’s portal
- Approve the auto-debit request
- SIPs will start from the next cycle
This is a one-time setup and usually takes 2–3 working days.
✅ Step 6: Track Your Investment
Once done, you can:
- View fund performance in the Zerodha Coin dashboard
- Track NAV, returns, SIP schedule, and order history
- Modify or cancel SIPs anytime
You’ll also receive email updates on every transaction.
🔁 Switching From Regular to Direct Funds on Zerodha?
If you have existing investments with other platforms (like banks or agents), you can switch to direct plans on Zerodha by:
- Requesting a fund house for the account statement (CAS)
- Placing a switch request within the AMC (Zerodha doesn’t support auto-import)
📝 Note: You may need to exit the regular plan first and then buy the direct plan separately.
💡 Benefits of Using Zerodha Coin
| Feature | Benefit |
|---|---|
| Direct Mutual Funds | Higher returns (no agent commissions) |
| One Dashboard | Stocks + MFs = Single view |
| Low Charges | No platform fee, only demat charge (₹300/year) |
| Tax Proofs | Easily downloadable for ITR filing |
| eMandate Support | No need to manually invest every month |
⚠️ Things to Keep in Mind
- Zerodha charges ₹300/year as an AMC fee
- Mutual funds are stored in demat form (not physical)
- No commissions, but returns are market-linked
- Don’t invest based solely on short-term performance
✅ Best Mutual Funds to Start With (2025)
For beginners, here are some top-rated funds (as of 2025):
- Nippon India Index Fund – Nifty 50 Plan (Direct) – Low-cost, broad market exposure
- Mirae Asset Large Cap Fund (Direct) – Consistent large-cap performer
- Parag Parikh Flexi Cap Fund (Direct) – Good for long-term SIPs
- HDFC Hybrid Equity Fund (Direct) – Balanced risk-return
- Quant Active Fund (Direct) – Aggressive growth (only if risk-tolerant)
👉 Do your research before investing or consult a SEBI-registered advisor.
📌 Conclusion
Buying mutual funds through Zerodha Coin is one of the smartest and simplest ways to grow your wealth in India, especially if you already use Zerodha for stocks.
Whether you’re looking for long-term growth, tax-saving through ELSS, or just starting your SIP journey, Zerodha Coin offers a powerful, no-middleman experience.
Start small, stay invested, and let the power of compounding do the rest.
Want to know more or have any questions? Let us know in the comments or write to us.
