Index Fund Corner
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Scheme Name | 1-Year Return | Invest Now | Fund Category | Expense Ratio |
---|---|---|---|---|
Axis Nifty 50 Index Fund | +32.80% | Invest Now | Equity: Large Cap | 0.12% |
Axis Nifty 100 Index Fund | +38.59% | Invest Now | Equity: Large Cap | 0.21% |
Axis Nifty Next 50 Index Fund | +71.83% | Invest Now | Equity: Large Cap | 0.25% |
Axis Nifty 500 Index Fund | — | Invest Now | Equity: Flexi Cap | 0.10% |
Axis Nifty Midcap 50 Index Fund | +46.03% | Invest Now | Equity: Mid Cap | 0.28% |
In a blog post on January 14, Nithin Kamath, Co-founder and CEO of Zerodha, shared that this milestone marks the first year of Zerodha Fund House as India’s direct-only asset management company (AMC).
This was our first year as India’s direct-only AMC, @ZerodhaAMC . Our AUM has grown significantly, all without us actively pushing anything.
The good thing about being passive-only is that it aligns the incentives for both the customers and us. For the customers, it means… pic.twitter.com/MmaDwpj7jG— Nithin Kamath (@Nithin0dha) January 14, 2025
Vishal Jain, CEO of Zerodha Fund House, highlighted the fund’s broad reach, serving over 4 lakh investors across 15,000 pin codes.
Notably, more than half of the investor base comes from smaller towns and cities, he said.
Zerodha Fund House, a joint venture between Zerodha and Smallcase, launched in August 2023, manages seven schemes spanning debt, equity, and gold ETFs.
Key products include India’s first Growth-NAV-based Liquid ETF, LIQUIDCASE, Gold ETFs like GOLDCASE, and equity ETFs such as TOP100CASE and MID150CASE.
Looking ahead, Zerodha Fund House aims to expand its passive investment offerings and increase investor education, especially in smaller towns.
First Published: Jan 15, 2025 5:56 PM IST