Zerodha Mutual Fund crosses ₹1,000 crore asset base in 40 days: Top points

Zerodha Mutual Fund crossed ₹500 crore milestone with 1 lakh investors last month.

Zerodha Mutual Fund said that it has crossed ₹1,000 crore assets under management (AUM) within just 40 days of launch. Vasanth Kamath, Associate director at the fund house, shared on X (formerly Twitter), “Heartening to see investor trust continue to compound atZerodha Mutual Fund (a smallcase-Zerodha JV) with assets doubling to ₹1000+ cr in just 40 days. It’s a reflection of the growing appetite for index-brd investment products & we are grateful for all the feedback & ideas."

Zerodha Mutual Fund crosseed ₹1,000 crore asset base in 40 days, it announced.

All you need to know about Zerodha Mutual Fund:

1. The mutual fund crossed ₹500 crore milestone with 1 lakh investors last month.
2. It manages four mutual fund schemes which include only passive funds.
3. The current offerings by the fund house are: Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund, Zerodha Nifty LargeMidcap 250 Index Fund, Zerodha Nifty 1D Rate Liquid ETF, and Zerodha Gold ETF.
4. The fund house forayed into mutual funds last year and is a joint venture between Zerodha and fintech platform smallcase.
5. Other fund houses that recently entered the mutual fund industry include Old Bridge Mutual Fund and Helios Mutual Fund.
6. Earlier, Zerodha Fund House said it will introduce more funds designed to serve specific roles in investors' portfolios. These would be in fund and ETF formats, it said.
7. Investors can participate in Zerodha Fund House schemes using digital platforms like Coin, Groww, Kuvera, Paytm Money, IND Money, CAMS Online, MFU, and MFC.