Zerodha AMC has recently launched two new mutual funds
Zerodha Nifty LargeMidcap 250 Index Fund
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund
Both funds are index funds, which means that they track a specific market index, such as the Nifty LargeMidcap 250 Index. Index funds are generally considered to be lower-cost and more passive than actively managed funds. The Nifty LargeMidcap 250 Index is a broad-based index that tracks the performance of the 250 largest and most liquid companies in India, excluding the top 50 companies. This means that the index provides exposure to a wide range of companies across different sectors and industries.
Both of Zerodha's new funds have a low expense ratio of 0.20%, which is one of the lowest expense ratios in the Indian mutual fund industry.
Here are some additional things to consider:
Track record: Zerodha AMC is a new company, so it does not have a long track record. However, the team behind Zerodha AMC has a lot of experience in the Indian financial industry.
Fees: Zerodha's new mutual funds have a low expense ratio of 0.20%. However, there may be other fees associated with investing in these funds, such as entry and exit loads.