After the zerodha Coin SIP fiasco, I’m pondering of opening one other account for simple SIP deduction month-to-month (DM/non-DM). So any suggestion about web site or app which might be dependable and for long run fund storage safely. Any suggestion will probably be useful.
1 Like
What if there will probably be an issue with the brand new various? And if you’re investing for long run, why not assume of the present issues as brief time period?
I’m a person of Coin.
effectively its not like I’m going to cease investing by cash after they remedy the difficulty, however its by no means a foul factor to search for various and have cash in with 2 totally different dealer.
1 Like
After all sure, you may have 2 totally different accounts, if diversification is the target
You should purchase straight from the web site/app of AMC or Registrar like Karvy amd CAMS if you’re going through some challenge with COIN.
Some need their MF items in demat type, so they’re shopping for by Coin.
I can simply discuss my expertise.
I’m utilizing Paytm Cash for couple of years. It was working effective and was proud of it.I began utilizing it couple of years again, as a result of I wished to maintain my holding in folios (not in demat) and this appeared good choice to consolidate all holding at one location.
However now, they’ve moved to BSE platform and insisted me to open a demat account with them (holding continues to be in folio mode thought). Needed to comply.On prime, was simply glancing by my transactions and realized final month two of my SIPs have been rejected, regardless that cash is deducted from financial institution.Didn’t bought any communication from Paytm nor cash refunded. Now chasing them for refund.I by no means used to examine particular person transaction standing, however seems like now I’ve to undergo all historic transactions (only for my psychological peace)
My lesson, issues at all times look rosy when its small setup and you’re simply beginning, however as they develop and complexities will increase, hassle will begin creating in all platform. Vital is how fast platform is to reply and resolve points.In all probability one will get to know Long run reliability of platform solely in long run
You’ll be getting an e-mail when a transaction is profitable and items are allotted, does this not occur with Paytm?
GB26:
You’ll be getting an e-mail when a transaction is profitable and items are allotted, does this not occur with Paytm?
Sure that does occur usually for all my transactions.Nevertheless, for these two failures I can’t discover any communication in my mailbox.
Sure, so meaning the transactions could have failed, and no items are allotted. My level is that we’ll know by e-mail if a transaction is profitable or not, we want not examine our account and create our personal log with the knowledge from the mails, I do that.
I exploit Coin and Paytm, not Paytm cash.