Thanks for the words,
We should have an integrated mutual fund platform once we start offering Zerodha Trader for equities as well..
That said, if the idea is to deploy excess cash, it makes so much more sense to invest it into Exchange traded funds...Easier to enter and exit and lesser cost compared to mutual funds...
Liquid bees and Gold ETF's have no STT .. Nifty ETF's have STT... The advantages of trading ETF's compared to mutual funds are pretty big... Like in the US, people will move away from Mutual funds to ETF's very soon...
Check out the following brochure on ETF's:
http://www.nseindia.com/content/press/prs_ETF_brochure.pdf
oh!! and I forgot, trading ETF's with our brokerage would be as good as paying nothing at all...
Happy Trading...
We should have an integrated mutual fund platform once we start offering Zerodha Trader for equities as well..
That said, if the idea is to deploy excess cash, it makes so much more sense to invest it into Exchange traded funds...Easier to enter and exit and lesser cost compared to mutual funds...
Liquid bees and Gold ETF's have no STT .. Nifty ETF's have STT... The advantages of trading ETF's compared to mutual funds are pretty big... Like in the US, people will move away from Mutual funds to ETF's very soon...
Check out the following brochure on ETF's:
http://www.nseindia.com/content/press/prs_ETF_brochure.pdf
oh!! and I forgot, trading ETF's with our brokerage would be as good as paying nothing at all...
Happy Trading...