Six mutual fund NFOs, including JM Small Cap Fund, Zerodha Nifty 100 ETF, and Zerodha Nifty Midcap 150 ETF, open for subscription this week covering ETFs and Nifty 100 Index
Zerodha Fund House launches 2 ETFs in largecap, midcap segments | Check complete details of NFOs 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 minimum application amount will be Rs 5,000 and in multiples of Re 1 thereafter. The quant fund will be benchmarked against Nifty 200 - TRI. The scheme will be managed by Sukanya Ghosh and Pradeep Kesavan.
Zerodha Nifty LargeMidcap 250 Index Fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund will follow a passive investment strategy and invest in stocks in proportion to the weightage of the stocks in the Nifty LargeMidcap 250 Index.