Zerodha Mutual Fund launches Zerodha Nifty LargeMidcap 250 Index Fund
Oct 20, 2023 by News Team
NFO period: 20th October – 03rd November, 2023
Highlights of the NFO:
Scheme type – An open-ended scheme replicating/ tracking Nifty LargeMidcap 250 Index
Investment objective – The investment objective of the scheme is to invest in stocks comprising the Nifty LargeMidcap 250 Index in the same proportion as in the index to achieve returns equivalent to the Total Return Index of Nifty LargeMidcap 250 Index (subject to tracking error). There can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Product suitability – The product is suitable for investors who are seeking long term capital growth by investing in equity and equity related securities covered by Nifty LargeMidcap 250 Index.
Minimum Application Amount – First investment is Rs. 100/- and in multiple of Rs. 1/- thereafter
Plan/ Options available – Only Direct Plan having Growth Option only .