msureshuh
TF Buzz
Sky. All regular brokers charge some percent on selling value.
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magnusfan
TF Premier
I agree with you and that's the reason for the central depository! But I had to sell to book profits 🙂
sunit123
TF Ace
if god forbids, something happens to me then my heir should be able to see all the investments in consolidated manner....Govt of India has 5.79 lakh crore UNCLAIMED...All these intelligent people scattered their investments here and there therefore legal heirs do not know that they are so rich...Now govt will become rich by forfeiting this money
My all investments are under MF utility and mapped against single CAN....So i am sure, my investment will not GO to govt.
My all investments are under MF utility and mapped against single CAN....So i am sure, my investment will not GO to govt.
I've been using Groww for the last 2-3 years.
Never faced any issue with it, so why are you people not considering it? Is there anything I should know?
I invest mostly in MFs and IPOs (SME and Regular). I don't think there are any charges by Groww for MF, and they charge some decimal % while buying and selling stocks, which is limited to a maximum of Rs 20, hence it isn't much, assuming you don't keep buying and selling delivery again and again.
No AMC of any sort.
Any benefit of using HDFCs services, or going for Zerodha?
Never faced any issue with it, so why are you people not considering it? Is there anything I should know?
I invest mostly in MFs and IPOs (SME and Regular). I don't think there are any charges by Groww for MF, and they charge some decimal % while buying and selling stocks, which is limited to a maximum of Rs 20, hence it isn't much, assuming you don't keep buying and selling delivery again and again.
No AMC of any sort.
Any benefit of using HDFCs services, or going for Zerodha?
sunit123
TF Ace
pls search internet...Many users are reporting financial irregularity in their investments with groww...There was one famous case, where a person invested X amount and at the redemption, he came to know that amount was not invested even though he had statements..check following link
Groww user alleges 'fraud', says app shows mutual fund investment but can't redeem, company denies; what are lessons for MF investors?
Groww faces 'fraud' allegation: A customer's complaint against Groww, has sparked concerns over investment safety via execution-only platforms (EOPs). The investor alleged via social media that investments made through Groww could not be withdrawn despite the app showing them as invested. Groww...
What the hell?pls search internet...Many users are reporting financial irregularity in their investments with groww...There was one famous case, where a person invested X amount and at the redemption, he came to know that amount was not invested even though he had statements..check following link
Groww user alleges 'fraud', says app shows mutual fund investment but can't redeem, company denies; what are lessons for MF investors?
Groww faces 'fraud' allegation: A customer's complaint against Groww, has sparked concerns over investment safety via execution-only platforms (EOPs). The investor alleged via social media that investments made through Groww could not be withdrawn despite the app showing them as invested. Groww...economictimes.indiatimes.com
Didn't have a clue about it.
Is there any way to verify my holding?
They're held with CDSL right? How can I check with them?
Any good and cheap alternative to groww?
some direct amc site? suggest some direct amc mf. like i want to buy Parag parikh flexi cap mf?
sunit123
TF Ace
1. Register on CDSL myeasi portal to check equity holdings..credentials are provided by broker only
2. Get MF statement directly from AMC portal
3. For MF+equity, CDSL send one monthly CAS report through email which has complete investment snapshot.
Check MF utility, it is run by AMFI...No charges...I am using from last 8 years without any issue...Best part of MF utility, they do not accept payment in their account...You transfer money to escrow account and from escrow account, it is directly transferred to RTA
Understood, will follow what you said.
Thank you so much.
its_karan
TF Legend
"PPFAS Mutual Fund : Login" https://selfinvest.ppfas.com
But HDFC sky offers regular MF plans while zerodha coin offers direct
Their NAVs are different
How can they be transferred??
sunit123
TF Ace
stocks can be transferred from one demat to another...MF cannot be transferred from one platform to another.
You will get regular MF transferred to zerodha. And I am not sure who will continue to get commission. But transfer is possible.
How to Transfer Mutual Funds? | HDFC Bank
Find out if mutual funds can be transferred between accounts or individuals. Learn the rules, process, and key considerations for mutual fund transfers.
sunit123
TF Ace
platform change is not possible...you cannot transfer from groww to MF utilityYou will get regular MF transferred to zerodha. And I am not sure who will continue to get commission. But transfer is possible.
How to Transfer Mutual Funds? | HDFC Bank
Find out if mutual funds can be transferred between accounts or individuals. Learn the rules, process, and key considerations for mutual fund transfers.www.hdfcbank.com
6ix9ine
TF Legend
You will get regular MF transferred to zerodha. And I am not sure who will continue to get commission. But transfer is possible.
How to Transfer Mutual Funds? | HDFC Bank
Find out if mutual funds can be transferred between accounts or individuals. Learn the rules, process, and key considerations for mutual fund transfers.
Actually, both of you are somewhat correct, but you are missing the key point: Zerodha uses the demat form, whereas Groww uses the SoA (Statement of Account) form.
Mutual funds can ONLY be transferred if they are held in demat form.
But, if your mutual funds are held in SoA form, you first need to dematerialize them before they can be transferred.
Currently, Groww uses the SoA format, but they are planning to launch support for demat form soon, which will make it easier for users to transfer their mutual funds.
This sounds accurate.
fradela
TF Ace
For MF, go with Kuvera.
For stocks, ETFs, go with Dhan.
Read my article on this forum.
For stocks, ETFs, go with Dhan.
Read my article on this forum.
Why Kuvera? anything special?For MF, go with Kuvera.
For stocks, ETFs, go with Dhan.
Read my article on this forum.
its_karan
TF Legend
Ya they are pivoting to Demat format even for Mutual Funds on the lines of Zerodha.
nikhilv0303
TF Premier
Then why no Zerodha?
