[nikant]

How is this different than the already available solutions in the market like Scripbox?

[nikhilmantha]

Hey Nikant! When you invest Rs.10000 with Scripbox, they take 0.5-1.5% commission on that investment every year as long as 10000 remains invested and to whatever that amount grows to. So you are paying compounding commissions. Most Indians aren't aware of this.

We don't take these hidden commissions. We charge a one time fee.

Also Scripbox offers a limited set of funds while we offer products from all fund houses. So even an expert user would be able to use us and wouldn't be limited by an algorithm.

[balladeer]

A point to be noted here is: Scripbox keeps getting that commission even after you have left Scripbox and stopped using it.

Same with FundsIndia etc. I would say, avoid any MF that is not direct. the long term hidden cost is staggering.

@Nikhil Congrts and just a feedback: I would have been very much interested if you had a monthly fee plan like Zerodha Coin and also offered advisory and analytics like Invezta, ORO etc. They all offer direct plans.

[t0mkaka]

I thought that the scripbox gets the commision from the Mutual fund company and not from the customer's investment. So how is that the customer's loss. https://scripbox.com/help/if-i-am-not-charged-any-fees-how-d...

[random42]

> they take 0.5-1.5% commission on that investment every year as long as 10000 remains invested and to whatever that amount grows to. So you are paying compounding commissions. Most Indians aren't aware of this.

This is a massive claim. Any source?