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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.
"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).