Fund Name
Ratings
Ratings in Descending
Rating in Ascending
Risk
Risk in Descending
Risk in Ascending
3Y Returns
Three Years Returns in Descending
Three Years Returns in Ascending
AUM
Asset Under Management in Descending
Asset Under Management in Ascending

Zerodha Nifty Largemidcap 250 Index Fund Direct Plan Growth

Other Index Fund

0

Very High

0%

₹333.66 cr.

Zerodha ELSS Tax Saver Nifty Largemidcap 250 Index Fund Direct Plan Growth

Other Passive ELSS

0

Very High

0%

₹80.95 cr.

About Zerodha Mutual Fund

Zerodha Mutual Fund, a subsidiary of Zerodha Broking Limited, entered the investment world on August 11, 2023, and has since established itself as a trustworthy option for investors. The mutual fund was incorporated on December 20, 2021, and is led by Mr. Vishal Jain, who is dedicated to providing a productive investment experience​​.

Zerodha Fund House offers straightforward and transparent funds tailored to investors’ goals and objectives, emphasising passive investment strategies. They have made their funds available across major digital platforms like Angel One.As of March 6, 2024, Zerdoha Mutual Fund, which has an AUM of ₹597.24 crore, offers 2 fund schemes, and 2 ETFs. The fund house includes index funds, liquid ETFs, and a Gold ETF, explicitly highlighting their Nifty LargeMidcap 250 Index Funds, which aim to expose India’s top 250 companies across diverse sectors​​.

A notable feature of Zerodha’s offering is its low expense ratios, making these funds attractive for cost-conscious investors. For instance, the Zerodha Nifty LargeMidcap 250 Index Fund has an expense ratio of 0.25%, with a minimum investment requirement of ₹100​​. Additionally, Zerodha’s mutual funds are designed for direct investment, meaning they do not involve transaction charges from any platform, though they incur government-regulated stamp duties​​.

The fund house has committed to expanding its portfolio with more passive products that are easy to understand, aiming to play specific roles in investors’ portfolios both in fund and ETF formats​​.

Zerodha Mutual Fund Key Information

Founding date August 11, 2023
AMC Incorporation date December 20, 2021
Headquarters in Bangalore
Name of the sponsors Zerodha Broking Limited
Trustee organisation Zerodha Trustee Private Limited
CEO Vishal Jain
Compliance Officer Chandra Bhushan Singh

Zerodha Mutual Fund Managers

KM

Kedarnath Mirajkar

Fund Manager since Oct 2023 (7 months)

How to Invest in Zerodha Mutual Fund ?

Investing in the Zerodha Mutual Fund is hassle-free through your Angel One account. You just have to follow these steps:

Step 1: Log in to your Angel One account using your registered mobile number. Validate the OTP and finally enter your MPIN.

Note: If you do not have a Demat account with Angel One, you can open one in a few minutes by fulfilling the KYC procedure and submitting the necessary documents.

Step 2: Determine the most-suited fund based on your needs and risk profile. You can evaluate each fund under the mutual fund section on the Angel One app. Things to consider at this stage are:

  1. Search for the fund you want to invest in or take cues from funds listed by Angel One across categories.
  2. Analyse the fund’s past performance, tax incidence, constituent sectors and stocks.
  3. Calculate the potential returns using the calculator.
  4. Evaluate the fund’s level of risk and weigh it against your risk tolerance.
  5. Check the fund’s ratings given by reputed rating agencies. Generally, the ratings range from 1 to 5.
  6. Consider the fund’s expense ratio to get an idea about the cost of investing in it.

Step 3: Once you finalise the fund(s) you want to invest in, open your Angel One account, go to the Mutual Funds section, and look for it. Since this can be a long-term investment, be careful when choosing the fund that you would like to invest in. At this stage, consider the following:

  1. Decide whether you want to invest in a lump sum or via monthly SIP
  2. Next, enter the amount you want to invest and choose how you want to make the payment. UPI is the preferred mode. Alternatively, you can choose net banking
  3. After placing the order, in the case of the SIP route of investment, you can create a mandate to make hassle-free future instalments.

Documents Required To Invest in Zerodha Mutual Fund

Investing in Zerodha Mutual Funds through Angel One is a seamless, fully digital process, eliminating any hassles from your investment journey. To initiate the KYC process, you’ll need to provide the following crucial documents:

  1. PAN Card Details (Mandatory)
  2. Personal Information, including your Full Name, Mobile Number, and Email Address.
  3. Address Proof – An Aadhar Card is recommended, and both its front and back sides are necessary.
  4. Bank Account Details, along with a cancelled cheque, if required.
  5. Nominee details and FATCA Declarations

Angel One simplifies the KYC verification, providing swift and efficient access to Zerodha Mutual Funds, whether you’re a new or returning investor. Our user-friendly platform makes your financial goals easily achievable. Your KYC process will be completed in just 48-72 business hours, allowing you to embark on your mutual fund journey promptly.

Top 5 Zerodha Mutual Fund to Invest

Name Sub Category AUM (₹ in crore) Expense Ratio Minimum Investment (₹)
Zerodha Nifty LargeMidcap 250 Index Fund Index Fund 221.32 0.25 100
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Equity Linked Savings Scheme (ELSS) 46.05 0.25 500
Fund Name Investment Term AUM (₹ in crore) Expense Ratio (%) iNAV (₹)
Zerodha Nifty 1D Rate Liquid ETF Short Term 292.62 0.26 100.95
Zerodha Gold ETF Long Term 37.25 0.32 10.37

**All data as of March 6, 2024.

Zerodha Nifty LargeMidcap 250 Index Fund

Zerodha Nifty LargeMidcap 250 Index Fund is an Index Fund with an AUM of ₹221.32 crore and an expense ratio of 0.25%. It requires a minimum investment of ₹100. This fund aims to replicate the performance of the Nifty LargeMidcap 250 Index, offering investors exposure to both large and mid-cap companies in India.

Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund

Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund, classified under Equity Linked Savings Scheme (ELSS), has an AUM of ₹46.0587 crore and an expense ratio of 0.25%, with a minimum investment of ₹500. This fund offers tax benefits under Section 80C and targets growth by investing in the Nifty LargeMidcap 250 Index.

Zerodha Nifty 1D Rate Liquid ETF

Zerodha Nifty 1D Rate Liquid ETF, suitable for short-term investment, has an AUM of ₹292.62 crore and an expense ratio of 0.26%. Its iNAV is ₹100.95. This ETF provides liquidity and a secure option for investors looking to park their funds for short durations.

Zerodha Gold ETF

Zerodha Gold ETF is designed for long-term investment, holding an AUM of ₹37.25 crore and an expense ratio of 0.32%. Its iNAV stands at ₹10.37. This ETF allows investors to gain exposure to gold prices, serving as a potential hedge against inflation and market volatility.

Mutual Funds Calculators

Zerodha Mutual Fund FAQs

How to start Zerodha Mutual Fund SIP online?

You can start investing in Zerodha Mutual Fund SIP online in several ways. One of them is through AMC’s official website. But for a seamless experience, you can do it via Angel One.

Which scheme is the best in Zerodha Mutual Fund?

To determine the best in the Zerodha Mutual Fund, conduct thorough research on the various schemes offered by them. Consider factors such as the scheme's investment objective, costs, historical performance, and risk level to select the one that aligns with your financial goals, risk tolerance, and horizon.

How to redeem Zerodha Mutual Fund online?

For online investments, you can redeem your units in three ways. First, via the Angel One App under the Mutual Funds section. Second, by visiting https://www.angelone.in/mutual-funds. Finally, you can also redeem your Zerodha Mutual Fund units by visiting the AMC's website.

Are Zerodha Mutual Fund schemes tax-free?

Not all schemes are tax-free. Only on ELSS Funds can you claim a tax deduction of up to ₹1.5 lakh under Section 80C every financial year. Zerodha offers ELSS Tax Saver Nifty LargeMidcap 250 Index Fund, as their primary ELSS fund scheme.

Who owns the Zerodha Mutual Fund?

The Zerodha Mutual Fund is sponsored by Zerodha Broking Limited