Zerodha Fund House Launches New Mid- and Small-Cap Index Scheme

• Zerodha Fund House introduces an open-ended equity index scheme tracking the Nifty MidSmallcap400 50:50 Index TRI.
• The fund invests in 150 mid-cap and 250 small-cap companies, excluding top 100 large-cap firms, with a 50:50 allocation.
• It's a passively managed fund aiming to replicate the benchmark's performance, including price movement and dividend reinvestment.
• Positioned for diversification beyond large-cap exposure, offering higher growth potential but also higher volatility.
• Minimum investment is ₹100 during the NFO, categorized as "very high" risk for long-term capital appreciation.