Zerodha Fund House has introduced two new open-ended investment schemes—the Zerodha Nifty 50 ETF and Zerodha Nifty 50 Index Fund—each designed to track the Nifty 50 Index Total Return Index (TRI), which represents 50 of India’s largest and most liquid companies.

The Index Fund will allot its initial units on October 14 and will reopen for ongoing subscriptions from October 17, while the ETF is scheduled for listing on stock exchanges on October 20. The schemes seek to replicate the performance of the Nifty 50 Index, though results may be affected by tracking errors. Zerodha AMC, which manages these offerings, operates as a joint venture between Zerodha Broking Ltd and Smallcase Technologies. Advertisement

The schemes are positioned for investors with a long-term view who are equipped to

See Full Page