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Short squeeze is starting in shares of BRP at $41 .. 02, after crossing above the $26.05 Trigger Price
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Short squeeze is starting in shares of ANTM at $3 .. 9, after crossing above the $338.31 Trigger Price
Vrbo

Zerodha Mutual Fund reduces minimum amount criteria for Zerodha Gold ETF FoF

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Zerodha Mutual Fund has revised the minimum investment amount for its Gold ETF FoF, effective February 3. The minimum investment and SIP amount is now ₹100. The scheme, benchmarked against physical gold prices,
Zerodha Mutual Fund has lowered the minimum investment amount for its Zerodha Gold ETF Fund of Fund (FoF) from Rs 1,000 to Rs 100, aiming to make gold investment more accessible to retail investors. This adjustment allows investors to start investing in gold with smaller amounts, aligning with the fund's strategy to democratize investment opportunities. The Zerodha Gold ETF FoF primarily invests in units of the Zerodha Gold ETF, which in turn invests in physical gold of 99.5% purity. This move is part of Zerodha's broader initiative to reduce entry barriers in the investment market, making it easier for individuals to diversify their portfolios with gold, which is often seen as a hedge against inflation and market volatility.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/personal-finance/zerodha-mutual-fund-reduces-minimum-amount-criteria-for-zerodha-gold-etf-fof/ar-AA1yjzDW ]