If you're investing in mutual funds via FYERS, you're benefiting from a cost-effective platform. Most actions, including purchasing, are free of charge. However, there is one specific fee applicable at the time of redemption. Here’s a breakdown of the charges and how to check fund-level expenses like expense ratios.
Are there charges for buying mutual funds?
No, FYERS does not charge any fee for purchasing mutual funds. It’s completely free, and there are no platform commissions or hidden costs.
What charges apply when you redeem your investments?
When you redeem (sell) mutual fund units through FYERS, a Depository Participant (DP) charge is applied:
- ₹12.5 + 18% GST per ISIN
- This charge is levied per redemption transaction, not per unit
This is a standard charge across all Demat platforms and is deducted automatically when your units are debited from your Demat account.
How to check the expense ratio of a mutual fund?
You can view the expense ratio directly on FYERS. Here's how:
- Log in to FYERS (Web or App)
- Search for or select the mutual fund you're interested in
- The expense ratio and other key fund metrics will be displayed
What if?
| Scenario | Explanation |
|---|
| You want zero transaction cost | Buy-and-hold investors incur no cost unless they redeem units. |
| You're concerned about DP charges | DP charges apply per ISIN per sell transaction, not for buying or holding. |
| You want to compare expense ratios | Use the 'Fund detail' page on FYERS to compare fund expenses. |
Choose direct mutual fund plans for the lowest expense ratios—available by default on FYERS.
Last updated: 10 Jun 2025
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