Published Jul 21, 2026 4 Min Read

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In summary

When comparing Zerodha vs Groww Mutual Fund, both platforms provide access to direct mutual funds without charging transaction fees for mutual fund investments. The actual mutual fund returns remain the same because returns depend on the scheme you choose, not the platform you use. 

  • Both platforms offer direct mutual funds, helping you avoid distributor commissions. 
  • Zerodha Coin primarily holds mutual funds in demat form. 
  • Groww supports direct mutual fund investing and also offers demat-based holdings as an option. 
  • Mutual fund returns depend on the AMC and scheme, not whether you invest through Zerodha or Groww. 
  • Compare expense ratios, fund objectives, risk level and long-term performance before investing. 

You can also compare 4,000+ mutual fund schemes on the Bajaj Broking website, complete your KYC online and invest through SIPs starting from Rs. 100 per month or by making a lumpsum investment.

What is Zerodha Coin for mutual funds?

Zerodha Coin is Zerodha's mutual fund investment platform. It allows you to invest in direct mutual funds, helping you avoid distributor commissions. Mutual fund units on Coin are generally held in your demat account, giving you a single view of your investments alongside stocks and ETFs. 

Zerodha Coin at a glance

FeatureDetails
Mutual fund typeDirect mutual funds
Holding modePrimarily demat
SIP facilityAvailable
Investment typeSIP and lumpsum
Portfolio viewMutual funds, stocks and ETFs together

What is Groww for mutual funds?

Groww is an online investment platform that offers access to direct mutual funds from multiple AMCs. You can invest through SIP or lumpsum and track your investments using its mobile app or website. Groww has also introduced the option to hold mutual fund units in demat form for investors who prefer consolidated holdings.

Groww at a glance

FeatureDetails
Mutual fund typeDirect mutual funds
SIP facilityAvailable
Investment typeSIP and lumpsum
Demat optionAvailable
Mobile investingYes

Zerodha vs Groww Mutual Fund: Key differences

Both platforms help you invest in direct mutual funds, but they differ in how investments are held and managed.

FeatureZerodha CoinGroww
Mutual fund plansDirectDirect
Holding stylePrimarily dematStatement of Account and demat option
SIP availableYesYes
Lumpsum investmentYesYes
Mobile appYesYes
Suitable forInvestors using the Zerodha ecosystemInvestors looking for a simple investing app

Regardless of the platform you choose, mutual fund units represent ownership in the underlying scheme managed by the respective AMC. The SEBI Riskometer, ranging from Low to Very High, should always be checked before investing.

Zerodha vs Groww Mutual Fund fees and charges in 2026

Both Zerodha Coin and Groww allow you to invest in direct mutual funds without charging transaction fees for purchasing mutual funds. However, you should also compare the expense ratio of the mutual fund scheme because this affects your overall investment cost. The expense ratio is set by the AMC and is deducted from the scheme's NAV.

Fee comparison

ChargeZerodha CoinGroww
Account openingAs per platform pricingAs per platform pricing
Mutual fund transaction feeNo transaction fee for direct mutual fundsNo transaction fee for direct mutual funds
Expense ratioDetermined by the AMCDetermined by the AMC
SIP facilityAvailableAvailable
Lumpsum investmentAvailableAvailable

Before investing, check the expense ratio, exit load and other scheme-specific charges. Since these are decided by the AMC, they remain the same regardless of whether you invest through Zerodha Coin or Groww.

Which is better for beginners — Zerodha or Groww for mutual funds?

The better platform depends on how you prefer to invest and manage your portfolio.

You may prefer Zerodha Coin if you:

  • Already use a Zerodha demat account. 
  • Want your mutual funds, stocks and ETFs in one portfolio. 
  • Prefer investing within the Zerodha ecosystem. 

You may prefer Groww if you:

  • Want a simple interface for investing. 
  • Are starting your investment journey. 
  • Prefer managing investments through a mobile-first platform. 

Platform comparison for beginners

If you want...You may prefer
Unified investing with demat holdingsZerodha Coin
Easy-to-use investing interfaceGroww
Direct mutual fundsBoth
SIP investmentsBoth
Lumpsum investmentsBoth

Whichever platform you choose, focus on selecting the right mutual fund scheme instead of the platform alone. On the Bajaj Broking website, you can compare 4,000+ mutual fund schemes, complete your KYC as required by SEBI and invest through SIPs starting from Rs. 100 per month or by making a lumpsum investment.

Can you get a loan against mutual funds on Zerodha or Groww?

Neither Zerodha Coin nor Groww directly provides loans against mutual funds as part of their mutual fund investment platform. If you wish to borrow against your mutual fund holdings, you generally need to approach a bank, NBFC or another financial institution that offers a loan against mutual funds, subject to its eligibility criteria and policies.

Loan against mutual funds at a glance

FeatureZerodha CoinGroww
Direct loan against mutual fundsNoNo
Mutual fund investingYesYes
SIP facilityYesYes
Lumpsum investmentYesYes

Before applying for a loan against mutual funds, check whether your mutual fund units are eligible as collateral and review the lender's terms, loan-to-value ratio and applicable interest rates.

Conclusion

The Zerodha vs Groww Mutual Fund comparison shows that both platforms allow you to invest in direct mutual funds and support SIP as well as lumpsum investments. The mutual fund returns are determined by the scheme and the AMC, not by the platform you use.

If you already invest through the Zerodha ecosystem and prefer holding your investments in a demat account, Zerodha Coin may suit you. If you are looking for a simple, beginner-friendly investing experience, Groww may be a good choice. Before investing, compare the scheme's investment objective, expense ratio, portfolio, risk level and historical performance. On the Bajaj Broking website, you can compare 4,000+ mutual fund schemes, complete your KYC online and start an SIP from Rs. 100 per month or invest through a lumpsum.

Frequently asked questions

Is Zerodha or Groww better for mutual fund investing in 2026?

Both Zerodha Coin and Groww offer direct mutual funds, so neither platform has an advantage in terms of mutual fund returns. Your choice depends on the features you value. Zerodha Coin may suit investors who prefer demat-based holdings, while Groww may appeal to those looking for a simple investing interface. On the Bajaj Broking website, you can also compare thousands of mutual fund schemes before investing.


Both platforms generally allow investments in direct mutual funds without charging transaction fees for purchasing mutual funds. However, every mutual fund scheme has an expense ratio, which is charged by the respective AMC and deducted from the scheme's NAV. You should also check for any account-related charges applicable to the platform you choose.


Yes. If you invest in the same direct mutual fund scheme through either Zerodha Coin or Groww, the returns will be the same because they depend on the scheme's portfolio and market performance. The investment platform does not influence mutual fund returns.


Both Zerodha Coin and Groww let you start, modify and manage SIPs in direct mutual funds. If you already use a Zerodha demat account, Coin may integrate better with your existing investments. If you prefer a straightforward mobile investing experience, Groww may be easier to use. The Bajaj Broking website also offers SIP investments from Rs. 100 per month for most eligible schemes.


Zerodha Coin and Groww primarily provide investment services and do not directly offer loans against mutual funds through their mutual fund platforms. If you want to borrow against your mutual fund holdings, you generally need to approach a bank or NBFC that provides loans against eligible mutual fund units.


Yes. Zerodha Coin primarily uses a demat account to hold mutual fund units. This allows you to view your mutual funds, stocks and ETFs in one portfolio. Before opening an account, check the latest eligibility requirements and account policies published by Zerodha.


Long-term retirement investing depends more on choosing suitable mutual fund schemes than on selecting an investment platform. You should compare the scheme's investment objective, risk level, expense ratio and long-term performance. On the Bajaj Broking website, you can compare 4,000+ mutual fund schemes across equity, debt, hybrid, ELSS and thematic categories before making your investment decision.


Both Zerodha Coin and Groww offer access to direct mutual funds across various categories, including equity, debt, hybrid, index funds and ELSS schemes, subject to scheme availability. Before investing, review the SEBI Riskometer, which ranges from Low to Very High, and ensure the fund matches your financial goals and risk appetite.

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