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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. ....
While there are around 13-14 crore mutual fund accounts in the country, only a third are active and unique. According to Jain, this is because equity investing is still a complex product, whereas passive funds’ simplicity can attract new investors ....
Zerodha AMC will compete with Mukesh Ambani's Jio Financial Services which has joined hands with the world's biggest asset management firm, Blackrock. ....
The mutual fund market in India is warming up with recent additions of new players, such as Mukesh Ambani s Jio Financial Services, Nithin Kamath s Zerodha AMC, and Samir Arora s Helios Capital. ....