Zerodha Multi Asset Passive FoF
A 4-in-1 fund that invests across Equity (both Large and Midcap), Gold, and G-sec ETFs in a pre-defined allocation
NFO Ends
Aug 8
Allotment
Aug 13
Risk
Very High
Min. Investment
₹100
Ideal for
Long Term
Diversification
Low Investment Amount
About the fund
This multiple asset fund follows a balanced approach. Each component in the portfolio brings in a unique characteristic to the fund.
This multiple asset fund follows a balanced approach, taking exposure of close to
- 30% in Large Cap ETF – following the top 100 index, consisting of companies that are generally considered market leaders in their respective sectors
- 30% in Mid Cap ETF – following the mid 150 index, giving exposure to companies with relatively higher growth potential
- 25% in Gold ETF – tracking gold, which acts as a hedge against equity market uncertainty
- 15% in G-Sec ETF – investing in government securities, aiming to provide further stability to the portfolio
Each component in the portfolio brings in a unique characteristic to the fund. By diversifying and rebalancing periodically across these asset classes, this fund offers a balanced, passive and tax efficient approach to long-term wealth creation.
The fund might be suitable for someone who is looking for a simple, hands-off approach to build a long term portfolio. You can choose to start investing, with an amount as low as ₹100.
Further please note that the exposure mentioned above is only an intended illustration and the actual exposure may vary depending on various factors.
Note: Please refer to the SID for the Asset allocation pattern of the Scheme which is 50% - 70% in Domestic Equity ETFs/Index Funds, 10% - 20% in Domestic Debt ETFs/Index Funds, 20% - 30% in Commodity ETFs & 0% - 5% in Debt Securities and Money Market Instruments.
Tax Implication
Investment period <= 2 year
Gains/profits are treated as short-term capital gains & taxed as per your tax slab (plus 4% cess and surcharge, if any).
Investment period > 2 year
Gains/profits are treated as long-term capital gains & taxed at 12.5% (plus applicable surcharge and 4% cess).
Fund Manager
Kedar has an experience of 17 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 - 60% Nifty 200 TRI + 15% CRISIL 10 year Gilt Index + 25% Domestic prices of Physical Gold
This product is suitable for investors who are seeking*:
- Long term wealth creation
- Diversified exposure by investing across multiple asset classes viz., Equity, Debt Index Funds/ ETFs and Commodity ETFs
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
Zerodha Nifty LargeMidcap 250 Index Fund
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund
Zerodha Overnight Fund
Frequently Asked Questions
Fund Overview
It is a simple 4-in-1 fund that invests in a pre-defined allocation strategy, across equity (both large and mid cap), gold, and debt. Unlike an index fund that tracks one index, this fund gives you a diversified, pre-packaged portfolio in one investment, making it a simpler way to achieve asset allocation and diversification.
During the NFO, you can invest in this fund with as little as ₹100.
While you can buy separate funds that track the four different segments, this fund offers three key advantages:
- Simplicity: You only need to track and manage one fund instead of four.
- Rebalancing: The fund buys and sells the underlying assets to maintain its exposure of close to 30% in largecaps, 30% in midcaps, 25% in Gold, and 15% in Gsec allocation on a periodic basis, a task you would otherwise have to do manually.
- Tax Efficiency: The internal rebalancing done by the fund does not trigger any capital gains tax for the investor. Investors are only taxed when they decide to redeem their units of this fund.
Further please note that the exposure mentioned above is only an intended illustration and the actual exposure may vary depending on various factors.
Note: Please refer to the SID for the Asset allocation pattern of the Scheme which is 50% - 70% in Domestic Equity ETFs/Index Funds, 10% - 20% in Domestic Debt ETFs/Index Funds, 20% - 30% in Commodity ETFs & 0% - 5% in Debt Securities and Money Market Instruments.
This fund is designed for a wide range of investors. It might be ideal for anyone who feels overwhelmed by too many fund choices and wants to simplify their investing journey or anyone looking for a simple, hands-off, only-fund approach to build a long term portfolio.
Mode of Investing
During the NFO, the Zerodha Multi Asset Passive FoF is available on Coin by Zerodha, Groww, Kuvera, Paytm Money, IND Money, CAMS Online, MFU and MFC and other such platforms.
Cost and Tax Implications
Considering the exposure the fund aims to take, it will be taxed as a hybrid fund. If the holding period of your units is more than 24 months then the capital gains will be treated as long-term and taxed at 12.5%. If the holding period is less than or equal to 24 months then the capital gains will be treated as short-term and taxed at slab rate. This single fund format provides better tax-efficiency in comparison to managing asset allocation on your own. Internal rebalancing done by the fund does not trigger any capital gains tax for the investor. Investors are only taxed when they decide to redeem their units of this fund.