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How many stock brokers you have and for what purposes?

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It depends how many of those third party features you gonna use it. Also one more point- SmallCase investment involves charges when you do from Zerodha but same is free for Dhan. 🙂
vine said:
Doesn't zerodha face tie-ups with many other apps/products. I was considering zerodha because of that
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shashankverma said:
Dhan is not good for HUF. You can’t purchase MF on Dhan if you have HUF. Other segments like FnO are also deactivated.
That’s why I said Groww is the best and only option.
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FnO can be easily activated by sharing 6 months bank statement / stock holdings / Income statement for HUF account. It is quite simple.

I am also able to see MF segment on Dhan HUF account. Not sure what issue you are facing
 
sourpai said:
FnO can be easily activated by sharing 6 months bank statement / stock holdings / Income statement for HUF account. It is quite simple.

I am also able to see MF segment on Dhan HUF account. Not sure what issue you are facing
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If you have HUF Pan linked, you can’t have MF. I agree FnO is possible.

There is no exception to this for MF on Dhan
Similar complaint and response from Dhan can be read here.

Please don't post unverified info.
You can call them and check 99877 61000
 
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Anyone looking for HUF Demat account should open Groww account if interested in MF. Also Dhan is best for Equity and 0 charges SmallCase, no doubt.
Better to open both Account Online and keep MF and Equity separate.
 
Yes you are right... It was showing MF section in my case, but never really clicked on it. Dhan as of now does not support HUF MF investments. It is a WIP development
 
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Avinash.Mishra said:
IIFL - My first demat account
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I had opened it because they came to my office and opened it for free. I remembered after few months so I tried to log in and it failed. Did password reset and logged in. Never had I used stocks or anything other than FD in my life. Asked a senior what is all that and what to do. He said find companies in areas that are "rising" and then buy stocks of companies that were lesser known then (and were at a price less than their peak price) and then leave it become 5-10 times in few years and then sell. Yes, that was my first investment advice of life.

So I started Googling and found "solar energy" is one of the rising fields. Then searched companies in that field - found Suzlon. Well, lo and behold it was trading at a fraction of its peak. So what do I do? I buy some 28K rupees worth of shares and as advised by my senior proceed to forget about it. I wake up after few months. Go to the site and see it 3 times (iirc). I do mental calculations and click to exit everything. An error pops up - "Order <some verb that sounded like exempt or so - can't recall>ed". Happens 6-7 times. I tried to contact IIFL and of course I fail. I sent email or raise ticket I can't recall. They close the ticket. This happened couple of times. I give up and again forget about it. I login sometimes later and it was lower than what I bought at. Again, I fail to sell at 2x. Same errors again. Again they don't respond and close tickets.

After 1.5 years I login and it was at 5-6x. I try to sell and it succeeded this time. After I had money in my account I made sure the a/c was closed and I forced them to send me email confirmation that account was closed.

That must have been 2011-12 and my next demat a/c was opened in 2019 (Upstox - ported/migrated to Zerodha in 2021) and started with MFs in 2020. It's sad.

I was lucky enough to know that it was not my skill and just sheer luck. And was unlucky enough to completely give up on equity (I anyway didn't know about MFs back then, or never showed interest) for a really long time and lost on a lot of returns on my capital by keeping my money only in FDs and savings. This experience was a reason. I had almost completely lost faith in stock market and my biases and whatever stereotypical reputation it had that "stock market is gambling and is for big guns" were kinda reinforced 🙂

I am seeing IIFL mentioned in a recommendation for a first time I guess. Couldn't help but share this anecdote 😆

-----

I have only one broker right now Zerodha and I haven't found any other broker with that simple/clean or simpler interface and experience. Their infra is also pretty robust (I am not day trader though). And they don't spam or bother me.
 
nixflix said:
I had opened it because they came to my office and opened it for free. I remembered after few months so I tried to log in and it failed. Did password reset and logged in. Never had I used stocks or anything other than FD in my life. Asked a senior what is all that and what to do. He said find companies in areas that are "rising" and then buy stocks of companies that were lesser known then (and were at a price less than their peak price) and then leave it become 5-10 times in few years and then sell. Yes, that was my first investment advice of life.

So I started Googling and found "solar energy" is one of the rising fields. Then searched companies in that field - found Suzlon. Well, lo and behold it was trading at a fraction of its peak. So what do I do? I buy some 28K rupees worth of shares and as advised by my senior proceed to forget about it. I wake up after few months. Go to the site and see it 3 times (iirc). I do mental calculations and click to exit everything. An error pops up - "Order <some verb that sounded like exempt or so - can't recall>ed". Happens 6-7 times. I tried to contact IIFL and of course I fail. I sent email or raise ticket I can't recall. They close the ticket. This happened couple of times. I give up and again forget about it. I login sometimes later and it was lower than what I bought at. Again, I fail to sell at 2x. Same errors again. Again they don't respond and close tickets.

After 1.5 years I login and it was at 5-6x. I try to sell and it succeeded this time. After I had money in my account I made sure the a/c was closed and I forced them to send me email confirmation that account was closed.

That must have been 2011-12 and my next demat a/c was opened in 2019 (Upstox - ported/migrated to Zerodha in 2021) and started with MFs in 2020. It's sad.

I was lucky enough to know that it was not my skill and just sheer luck. And was unlucky enough to completely give up on equity (I anyway didn't know about MFs back then, or never showed interest) for a really long time and lost on a lot of returns on my capital by keeping my money only in FDs and savings. This experience was a reason. I had almost completely lost faith in stock market and my biases and whatever stereotypical reputation it had that "stock market is gambling and is for big guns" were kinda reinforced 🙂

I am seeing IIFL mentioned in a recommendation for a first time I guess. Couldn't help but share this anecdote 😆

-----

I have only one broker right now Zerodha and I haven't found any other broker with that simple/clean or simpler interface and experience. Their infra is also pretty robust (I am not day trader though). And they don't spam or bother me.
Click to expand...
Thanks for sharing your story honestly, when brutal correction/ fall happens in market, Many Calm MF investor also start Feeling pain or anxiety...
(In 2020, March 19-23 Almost a decade old MF investor (since 2010), when the gross investment returns started showing negative) was one of the such time..
 
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