Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund NFO

Zerodha Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund is a one of its kind hybrid index fund designed for investors looking to gain exposure to both Indian equities and government securities within a single, passively managed fund. This fund tracks an index that allocates 70% to the Nifty LargeMidcap 250 Index and 30% to the Nifty 8-13 yr G-Sec Index – rebalanced every month.

To understand how it allocates, for example, if you invest ₹100 in this fund, close to ₹35 will be allocated towards the top 100 large cap companies by market cap, about ₹35 will be allocated to the next 150 midcap companies which forms the 70% allocation to equities and the remaining, say ₹30, will be allocated towards G-Secs.

Equity allocation gives you broad exposure across top 250 large and mid-cap indian companies based on market cap, potentially capturing the India growth story. The G-Sec allocation is backed by government securities that may help soften the impact of equity volatility to offer balance to the portfolio.

This fund might be suitable for someone who wants equity-driven growth along with a sovereign debt component to reduce overall portfolio risk – You can choose to start investing with an investment amount as low as ₹100.

(source: zerodhafundhouse.com)