May 24, 2024
mayank
Zerodha Nifty 100 ETF details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Zerodha Nifty 100 ETF Open Date, Close Date?
NFO opens on May 27, 2024
NFO will close on June 07, 2024
What is the Investment Strategy?
The scheme seeks to invest in stocks comprising the Nifty 100 Index in the same proportion as in the index to achieve returns equivalent to the Total Return Index of Nifty 100 Index (subject to tracking error).
Basic Details
| Fund House | Zerodha Mutual Fund |
| Issue Open | 27 May 2024 |
| Issue Close | 07 June 2024 |
| Type | Open-ended |
| Category | Equity: Large Cap |
| Min. Investment(Rs) | 1,000 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | NIFTY 100 TRI |
What is the Benchmark Index of Zerodha Nifty 100 ETF?
Nifty 100 represents top 100 companies based on full market capitalisation from Nifty 500. This index intends to measure the performance of large market capitalisation companies. The Nifty 100 tracks the behavior of combined portfolio of two indices viz. Nifty 50 and Nifty Next 50.
Nifty 100 is computed using free float market capitalization method wherein the level of the index reflects total free float market value of all the stocks in the index relative to a particular base market capitalization value.
Nifty 100 Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variants: Nifty 100 Total Returns Index, Nifty100 Equal Weight Index.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 2.25 | 6.92 | 30.90 | 14.57 | 15.93 |
| Total Return | 2.25 | 7.11 | 32.25 | 15.86 | 17.56 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 10.00 | 18.74 | 21.53 |
| Beta (NIFTY 50) | 0.99 | 0.98 | 0.99 |
| Correlation (NIFTY 50) | 0.99 | 1.00 | 1.00 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 22.7 | 4.1 | 1.11 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 9.23 |
| Reliance Industries Ltd. | 8.01 |
| ICICI Bank Ltd. | 6.52 |
| Infosys Ltd. | 4.09 |
| Larsen & Toubro Ltd. | 3.43 |
| Tata Consultancy Services Ltd. | 3.12 |
| ITC Ltd. | 3.12 |
| Bharti Airtel Ltd. | 2.78 |
| Axis Bank Ltd. | 2.67 |
| State Bank of India | 2.56 |
Performance Review of the Fund Manager of Zerodha Nifty 100 ETF?
1) Kedarnath Mirajkar
Education: Mr. Mirajkar has done PGDBM (Finance)
Experience: Prior to joining Zerodha Mutual Fund, he has worked with ABSL AMC, HDFC Bank as a Deupty Manager, Bombay Dyeing as a Finance Executive. He has over 10 years of experience in the Mutual Fund Industry.
Past Performance of his Schemes
As on 24-5-2024
Which Company Owns Zerodha Nifty 100 ETF?
Zerodha Asset Management Private Ltd.
Address: 153/154, 4th Cross, J.P Nagar 4th Phase, Opp. Clarence Public School, Bengaluru – 560078
Website: http://www.sundarammutual.com
Registrar & Transfer Agent:
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Is it good to invest in Zerodha Nifty 100 ETF NFO?
Guidance for Zerodha Nifty 100 ETF by Paresh Gordhandas, C.A., Research Analyst.
Will Post Soon
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