Tue, February 4, 2025
Mon, February 3, 2025
[ Mon, Feb 03rd 2025 ]: MSN
3 reasons to buy CSL shares today
[ Mon, Feb 03rd 2025 ]: MSN
January Investment Scorecard

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

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 ]