Zerodha Nifty Next 100 ETF
An ETF tracking the next 100 companies beyond the Nifty 50
NFO Starts
Sep 21
NFO Ends
Oct 5
Risk
Very High
Min. Amount
₹1,000
Ideal for
About the fund
The Zerodha Nifty Next 100 ETF gives you exposure to 100 emerging companies directly after the Nifty 50, representing the next generation of India's market leaders.
The Zerodha Nifty Next 100 ETF is an exchange traded fund (ETF) that gives you exposure to 100 emerging companies directly after the Nifty 50, representing the next generation of India's market leaders.
The Nifty Next 100 Index represents a combination of companies already in the large cap space with the potential to become mega large caps, and companies in the midcap space with the potential to enter the large cap segment, spread across sectors including Financial Services, Capital Goods, Healthcare and Power etc.
The Zerodha Nifty Next 100 ETF may be suitable for investors with a long-term investment horizon who are willing to take on relatively higher risk than pure large cap investing while looking to extend their allocation beyond the Nifty 50 into the next tier of companies.
The minimum investment during the NFO is ₹1000, and the offer is live on platforms such as Coin by Zerodha and MyCAMS. After listing, units of this ETF can also be bought and sold anytime during market hours on the stock exchange, through a demat account, just like any other stock.
Past Performance
Tax Implication
Investment period <= 1 year
Gains/profits are treated as short-term capital gains & taxed at 20% (plus 4% cess and surcharge, if any).
Investment period > 1 year
Gains/profits are treated as long-term capital gains and are tax-free upto ₹1.25 lakhs in a financial year. Gains above ₹1.25 Lakhs in a financial year are taxed at 12.5% (plus 4% cess and surcharge, if any).
Please consult your tax advisor before investing in view of the individual nature of the implications.
Fund Manager
Kedar has an experience of 19 years in financial markets, across multiple roles at Aditya Birla Sunlife AMC Ltd (ABSLAMC), including fund management for passive products, where he managed 13 ETFs and Index Funds in equity & commodity. Kedar's belief in his own words is - "Passive investing uses the collective intelligence of the market instead of manually picking stocks and works for most investors."
Riskometer
Riskometer of the scheme
Riskometer of the scheme
Riskometer of the benchmark - Nifty Next 100 Index TRI
This product is suitable for investors who are seeking*:
- Long term capital growth
- Investment in equity and equity related securities covered by Nifty Next 100 Index
Investors should understand that their principal will be at Very High Risk
Note - The product labelling assigned during the New Fund Offer (NFO) is based on internal assessment of the scheme characteristics or model portfolio and the same may vary post NFO when actual investments are made.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Other Funds
Frequently Asked Questions
Fund Overview
The Zerodha Nifty Next 100 ETF is an exchange traded fund (ETF) that gives you exposure to 100 emerging large-cap companies directly after the Nifty 50 by market cap, representing the next generation of India's market leaders.
The Nifty Next 100 Index combines all the companies of the Nifty Next 50 with the top 50 stocks from the Nifty Midcap 150, selected based on 6-month average free-float market capitalization. It sits between the Nifty 50 and the broader mid-and small-cap markets, covering sectors such as Financial Services, Capital Goods, Healthcare and Power etc.
During the NFO, you can start investing in the Zerodha Nifty Next 100 ETF with an amount of ₹1000 and in multiples of 'any amount' thereafter. Once listed, investors can purchase the units through the secondary market on any trading day for a minimum lot of 1 unit on the exchange(s) where the units of the ETF scheme are listed.
Investment Philosophy
The Zerodha Nifty Next 100 ETF is suitable for investors with a long-term investment horizon.
This ETF carries relatively higher risk since it invests in equities. As per the riskometer, it is categorized as a Very High risk scheme. Investors should consult their financial advisors to determine if the product is suitable for them.
This ETF may be suitable for investors with a long-term investment horizon who are willing to take on relatively higher risk than pure large-cap investing, and who are looking to extend their allocation beyond the Nifty 50 into India's next tier of companies.
Mode of Investing
The NFO will be live on Coin by Zerodha and MyCAMS.
However, once listed the ETF will be available on major stock broking platforms.