Zerodha Mutual Fund reaches Rs 1,000 crore AUM within 40 days, surpassing 1 lakh investors.
Zerodha Mutual Fund, a joint venture between Zerodha and smallcase, has reached an asset under management (AUM) of Rs 1,000 crore within 40 days of launch. The fund, which only offers passive funds through direct plans without transaction charges, surpassed the Rs 500 crore milestone with 1 lakh investors last month. Zerodha Mutual Fund aims to disrupt the industry in a Vanguard-style approach.
March 28, 2024
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