Investment Services Markets News

Zerodha MF Schemes And SEBI

Zerodha MF Schemes And SEBI

Zerodha Fund House (ZFH) Schemes

Zerodha is an Indian financial services company. The SEBI, CDSL, and all of India’s main stock markets have all approved its registration. Zerodha complies with SEBI and RBI rules like any other major broker.

In preparation for the launch of its first two schemes , Zerodha Fund House (ZFH), one of the newest entrants to the mutual fund market, has submitted its paperwork to the Securities and Exchange Board of India (Sebi).

Read: Top 10 Fintech CEO Watchlist

Nithin Kamath’s company received approval from Sebi to begin offering mutual funds last month. ZFH is a partnership between Zerodha, a top brokerage, and smallcase, a fintech company. ZFH’s CEO is Vishal Jain.ZFH plans to reach more budget-conscious investors through the introduction of passive funds.

Mutual funds: STP and SIP

Both of the proposed schemes are exchange-traded fund (ELSS) index funds that follow the Nifty LargeMidcap 250 index. Large-cap stocks make up 50% of the total, while mid-cap companies account for the other 50%.

Read: 16 FAQs To Help You Automate Your Accounts Payable Systems

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Tipalti Introduces New Initiative to Help Guilds, Nonprofits, and Trade Groups Make Payments Amid COVID-19

Fintech News Desk

Level One Fund Backs Innovative Fin-Tech Platform Kompliant

Fintech News Desk

CURO To Acquire Flexiti, A Leading Canadian POS/BNPL Lender, For $121 Million

Fintech News Desk
1