Zerodha Fund House launches two ETFs

Zerodha Fund House has launched its two NFOs Zerodha Nifty 100 ETF & Zerodha Nifty Midcap 150 ETF. While the Zerodha Nifty 100 replicates the performance of the Nifty 100 Total Returns Index (TRI), the Zerodha Nifty Midcap 150 ETF replicates the performance of the Nifty 150 Midcap TRI. 

The NFOs open on May 27 and close on June 07.

In a press release, Vishal Jain, CEO, of Zerodha Fund House said that the two new ETFs offer an opportunity for investors to get exposure in key segments that may capitalize on the India growth story. He said, “As the only passive-only fund houses in India, we have a responsibility to Indian investors to pave the way not just in terms of individual funds, but also in offering new strategic combinations that give them the flexibility to gain exposure across different segments of the Indian capital market.”