|
Fund Name
|
Ratings
 |
Risk
|
3Y Returns
|
AUM
|
|
|---|---|---|---|---|---|
|
Zerodha Nifty Largemidcap 250 Index Fund Direct Plan Growth Other Index Fund |
Very High |
0% |
₹333.66 cr. |
||
|
Zerodha ELSS Tax Saver Nifty Largemidcap 250 Index Fund Direct Plan Growth Other Passive ELSS |
Very High |
0% |
₹80.95 cr. |
Zerodha Mutual Fund, a subsidiary of Zerodha Broking Limited, entered the investment world on August 11, 2023, and has since established itself as a trustworthy option for investors. The mutual fund was incorporated on December 20, 2021, and is led by Mr. Vishal Jain, who is dedicated to providing a productive investment experience.
Zerodha Fund House offers straightforward and transparent funds tailored to investors’ goals and objectives, emphasising passive investment strategies. They have made their funds available across major digital platforms like Angel One.As of March 6, 2024, Zerdoha Mutual Fund, which has an AUM of ₹597.24 crore, offers 2 fund schemes, and 2 ETFs. The fund house includes index funds, liquid ETFs, and a Gold ETF, explicitly highlighting their Nifty LargeMidcap 250 Index Funds, which aim to expose India’s top 250 companies across diverse sectors.
A notable feature of Zerodha’s offering is its low expense ratios, making these funds attractive for cost-conscious investors. For instance, the Zerodha Nifty LargeMidcap 250 Index Fund has an expense ratio of 0.25%, with a minimum investment requirement of ₹100. Additionally, Zerodha’s mutual funds are designed for direct investment, meaning they do not involve transaction charges from any platform, though they incur government-regulated stamp duties.
The fund house has committed to expanding its portfolio with more passive products that are easy to understand, aiming to play specific roles in investors’ portfolios both in fund and ETF formats.
| Founding date | August 11, 2023 |
| AMC Incorporation date | December 20, 2021 |
| Headquarters in | Bangalore |
| Name of the sponsors | Zerodha Broking Limited |
| Trustee organisation | Zerodha Trustee Private Limited |
| CEO | Vishal Jain |
| Compliance Officer | Chandra Bhushan Singh |
KM
Kedarnath Mirajkar
Fund Manager since Oct 2023 (1 year)
Investing in the Zerodha Mutual Fund is hassle-free through your Angel One account. You just have to follow these steps:
Step 1: Log in to your Angel One account using your registered mobile number. Validate the OTP and finally enter your MPIN.
Note: If you do not have a Demat account with Angel One, you can open one in a few minutes by fulfilling the KYC procedure and submitting the necessary documents.
Step 2: Determine the most-suited fund based on your needs and risk profile. You can evaluate each fund under the mutual fund section on the Angel One app. Things to consider at this stage are:
Step 3: Once you finalise the fund(s) you want to invest in, open your Angel One account, go to the Mutual Funds section, and look for it. Since this can be a long-term investment, be careful when choosing the fund that you would like to invest in. At this stage, consider the following:
Investing in Zerodha Mutual Funds through Angel One is a seamless, fully digital process, eliminating any hassles from your investment journey. To initiate the KYC process, you’ll need to provide the following crucial documents:
Angel One simplifies the KYC verification, providing swift and efficient access to Zerodha Mutual Funds, whether you’re a new or returning investor. Our user-friendly platform makes your financial goals easily achievable. Your KYC process will be completed in just 48-72 business hours, allowing you to embark on your mutual fund journey promptly.
| Name | Sub Category | AUM (₹ in crore) | Expense Ratio | Minimum Investment (₹) |
| Zerodha Nifty LargeMidcap 250 Index Fund | Index Fund | 221.32 | 0.25 | 100 |
| Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund | Equity Linked Savings Scheme (ELSS) | 46.05 | 0.25 | 500 |
| Fund Name | Investment Term | AUM (₹ in crore) | Expense Ratio (%) | iNAV (₹) |
| Zerodha Nifty 1D Rate Liquid ETF | Short Term | 292.62 | 0.26 | 100.95 |
| Zerodha Gold ETF | Long Term | 37.25 | 0.32 | 10.37 |
**All data as of March 6, 2024.
Zerodha Nifty LargeMidcap 250 Index Fund is an Index Fund with an AUM of ₹221.32 crore and an expense ratio of 0.25%. It requires a minimum investment of ₹100. This fund aims to replicate the performance of the Nifty LargeMidcap 250 Index, offering investors exposure to both large and mid-cap companies in India.
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund, classified under Equity Linked Savings Scheme (ELSS), has an AUM of ₹46.0587 crore and an expense ratio of 0.25%, with a minimum investment of ₹500. This fund offers tax benefits under Section 80C and targets growth by investing in the Nifty LargeMidcap 250 Index.
Zerodha Nifty 1D Rate Liquid ETF, suitable for short-term investment, has an AUM of ₹292.62 crore and an expense ratio of 0.26%. Its iNAV is ₹100.95. This ETF provides liquidity and a secure option for investors looking to park their funds for short durations.
Zerodha Gold ETF is designed for long-term investment, holding an AUM of ₹37.25 crore and an expense ratio of 0.32%. Its iNAV stands at ₹10.37. This ETF allows investors to gain exposure to gold prices, serving as a potential hedge against inflation and market volatility.
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