New NFO: Multi-asset Passive FoF by Zerodha Mutual Fund

One of India's largest stockbroker, the Zerodha Mutual Fund, designed for active investors has newly launched the Zerodha Multi Asset Passive FOF, starting its subscription from July 25, 2025 and will close on 8th August 2025.

This new fund offer is an open-ended fund of fund (FoF) scheme investing in units of Equity, Debt Index Funds/ ETFs and Commodity ETFs.

Important Note: The Zerodha Multi Asset Passive FoF will reopen for continuous sale and repurchase within five business days from the date of allotment of units under NFO.

The fund uses a strong passive strategy, blending assets with low correlation to reduce risk and volatility while targeting better returns.

Managed by Mr. Kedarnath Mirajkar, the Zerodha Multi Asset Passive FoF will track a benchmark made up of 60% Nifty 200 TRI, 15% CRISIL 10-Year Gilt Index and 25% Domestic Gold Prices. It will only offer direct plans and growth options, with no exit load.

Also Read: Zerodha Mutual Fund launches 1st Silver ETF Fund of Fund 2025

The NFO allows investors to start with as little as Rs 100 and invest through SIPs starting at Rs 100 per month. The Zerodha Multi Asset Passive FoF will allocate 50-70% to domestic equity ETFs, 10-20% to debt ETFs and 20-30% to commodity ETFs.

Zerodha’s new fund offers a simple, passive way for long-term investors to diversify across asset classes and reduce portfolio risk.