Big milestone! Zerodha Fund House s this mutual fund crosses Rs 1,000 crore AUM - Money News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
The new fund offer of Zerodha Nifty LargeMidcap 250 Index Fund and ELSS Tax Saver LargeMidcap 250 Index Fund was launched last October and they have an AUM of ₹278 crore and ₹66 crore.
Kamath, in a post in X on Friday, said having low-cost index funds for one's core portfolio is a 'no-brainer'. "You can complement that with other funds, but the core should be passive funds," he said.
"It s a no-brainer to opt for low-cost index funds as the core of your portfolio. You can complement that with other funds, but the core should be passive funds," Kamath said on X (formerly Twitter).