Geojit or Zerodha, which is better for mutual fund investment?

Geojit offers regular mutual funds where Zerodha offers direct mutual fund schemes. Both have a separate dedicated mutual fund investment platform.

Geojit Vs Zerodha Mutual Funds Similarities

• Both offer dedicated online platforms
• Offers Instant account opening facility
• No brokerage charged on mutual fund investments
• Geojit and Zerodha offers mutual funds to NRIs.

Geojit Vs Zerodha Mutual Funds Differences

• Geojit offers regular mutual funds whereas Zerodha offers direct mutual funds
• With Geojit, you need to pay 1 to 2% commissions whereas Zerodha doesn't charge any commission
• With Geojit, you need to pay demat charges of Rs 100 folio when ARN code belongs to GFSL, Barjeel Geojit , QBG Geojit, BBK (Bahrian & Kuwait ) and Rs 250 folio in the case of any other ARN code. Zerodha doesn't charge demat fees.
• Geojit offers expert mutual fund recommendations, Zerodha doesn't.

Conclusion

Geojit is a good option to choose for beginners or new investors who want mutual fund recommendations to choose the right fund. Zerodha is a good choice for experienced investors who can invest without much assistance and want to lower their investment costs.