&w=3840&q=100)
NFO Alert! Zerodha MF launches Multi Asset Passive FoF: Should you invest?
According to the scheme information document (SID), the investment objective of the scheme is to provide diversified exposure across multiple asset classes-equity, debt, and commodities, through a passive investment approach. By blending asset classes with low correlation, this scheme seeks to offer better risk-adjusted returns while reducing overall portfolio volatility. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
The scheme will be benchmarked against 60 per cent Nifty 200 TRI, 15 per cent CRISIL 10-year Gilt Index, and 25 per cent Domestic prices of Physical Gold.
Kedarnath Mirajkar will be the designated fund manager for the scheme.
During the NFO, investors can invest a minimum of ₹100 and in multiples of ₹100 thereafter. On a continuous basis, investors can invest under the Scheme during the ongoing offer period with a minimum investment of ₹100 and in multiples of any amount thereafter.
Zerodha Multi Asset Passive FoF: Who should invest?
According to the SID, the product is suitable for investors seeking long-term wealth creation and diversified exposure by investing across multiple asset classes such as equity, debt index funds/ETS, and commodity ETFs.
'The Zerodha Multi Asset Passive FOF is a good starting point for those investors seeking to diversify through a simple, ready-made portfolio in a single investment', said Vishal Jain, chief executive officer at Zerodha Fund House.
According to Vaibhav Jalan, chief business officer at Zerodha Fund House, this new fund takes the guesswork out of investing, offering diversification and easy access to multiple asset classes.
"It is designed to be a no-brainer solution for anyone looking for a simple way to achieve their asset allocation goals,' he said.
The principal invested in the scheme will be at Very High Risk, as per the risk-o-meter. However, investors should consult their financial advisors if in doubt whether the product is suitable for them.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
3 hours ago
- Time of India
Top economist issues chilling recession warning: The Fed can't save us this time
US recession warning 2025: A series of concerning economic reports have put US households and businesses on alert, indicating a potential recession. Flat consumer spending, shrinking factories, and stalled hiring are key indicators. Economist Mark Zandi warns that the economy is on the "precipice of recession," attributing the slowdown to President Trump's trade and immigration policies. Tired of too many ads? Remove Ads Economist Mark Zandi Warns: 'The Economy Is on the Precipice of Recession' Sluggish Hiring Numbers Raise Concerns Tired of too many ads? Remove Ads GDP Growth Hides Weakness in Core Domestic Demand Rising Core Inflation Limits Federal Reserve's Response Options Housing and Manufacturing Sectors in Decline Why the Unemployment Rate Isn't Telling the Full Story Tariffs and Immigration Crackdowns Are Slowing Growth FAQs Tired of too many ads? Remove Ads US households and businesses are starting the week on edge after a series of economic reports painted a troubling picture: consumer spending is flat, factories are shrinking, and hiring has stalled, as per a Analytics chief economist Mark Zandi highlighted that 'The economy is on the precipice of recession. That's the clear takeaway from last week's economic data dump,' as quoted in the Fortune report. This warning comes amid growing signs that US president Donald Trump's trade and immigration policies are dragging down growth, according to the warned that, 'Consumer spending has flatlined, construction and manufacturing are contracting, and employment is set to fall. And with inflation on the rise, it is tough for the Fed to come to the rescue,' as quoted in the Fortune READ: Social security shake-up: Trump's new move has retirees fuming — here's what you need to know The latest job growth numbers came in far below expectations, as payrolls increased by just 73,000 in July, well under the forecast of roughly 100,000, as reported by Fortune. Even more alarming, May and June saw steep downward revisions, May was cut from 144,000 to 19,000, and June from 147,000 to just 14,000, according to the report. That means the average monthly job increase over the past three months is now only 35,000, suggesting a slowdown in momentum that can't be ignored, as reported by Gross Domestic Product (GDP) grew faster than expected in Q2, but a closer look reveals weak underlying demand because a key gauge that strips out foreign trade and focuses on total domestic consumption shows the economy is in a slowdown phase, as reported by READ: As the July jobs report paints a grim picture, 114 companies plan layoffs in August - is yours on the list? Meanwhile, the core inflation rate, which excludes volatile food and energy prices, rose to 2.8%, surpassing the Federal Reserve's 2% target, according to the report. That combination of weakening growth and sticky inflation presents a real challenge for policymakers, as per data this week showed construction activity falling, notably in single-family home spending, and the Institute for Supply Management's manufacturing activity index for July slipped, signaling contraction in a vital sector of the economy, according to the the unemployment rate remains steady between 4% and 4.2% for more than a year, but that is because the size of the labor force has stagnated, as reported by Fortune. Zandi pointed out that the foreign-born workforce has plunged by 1.2 million in the last six months amid Trump's immigration crackdown, while the overall labor participation rate has fallen, as reported by attributes much of the slowdown to tariffs and restrictive immigration policies, both of which he says are squeezing profits and shrinking the economy's potential, according to the report. He observes an economy-wide hiring freeze, especially hurting recent graduates entering the workforce, as per the Fortune economist explained, 'It's no mystery why the economy is struggling; blame increasing U.S. tariffs and highly restrictive immigration policy,' adding, 'The tariffs are cutting increasingly deeply into the profits of American companies and the purchasing power of American households. Fewer immigrant workers means a smaller economy,' as quoted by officially, but economists say the warning sign like weak hiring and flat spending are piling up, as per the Fortune not right now. Inflation is still above the Fed's 2% target, so they're holding off on rate cuts.
&w=3840&q=100)
Business Standard
13 hours ago
- Business Standard
India Inc promoters holding declines to 8-year low of 40.6% in Q1: Report
Promoters' ownership in private listed companies declined to an eight-year low of 40.58 per cent as of June 30, 2025, following a net share sale worth ₹54,732 crore during the quarter, according to data from an initiative of PRIME Database Group. While promoter buying is always a positive sign, promoter selling can be due to a wide variety of reasons such as promoters taking advantage of bullish markets to take money off the table, strategic reasons like debt reduction, legacy planning, philanthropy, investment in other ventures and meeting Minimum Public Shareholding (MPS) requirement as also for personal expenses, Pranav Haldea, Managing Director, PRIME Database Group, said. "Relatively lower promoter holding in some of the recent IPO companies and overall institutionalisation of the market are some of the other reasons behind this fall," he added. In comparison, private promoters held a 40.81 per cent stake in the quarter ended March 2025. The last time holdings were this low was in the quarter ended September 30, 2017, when private promoter shareholding stood at 40.19 per cent. This trend has been consistent over the past three years. Over the last 13 quarters alone, promoters' share has fallen sharply by 455 basis points from 45.13 per cent on March 31, 2022, to 40.58 per cent as of June 30, 2025. According to Haldea, as long as promoters continue to hold a sizable stake after the sale, with the sale not happening at a huge discount to market price and there being no significant change in the fundamentals of the company, there is no reason to worry. This analysis is based on the shareholding data filed by 2,086 out of the 2,131 companies listed on the main board of the NSE for the quarter ended June 30, 2025. As of July 25, 45 companies had yet to submit their shareholding disclosures. Meanwhile, government holdings as promoters saw a slight increase during the quarter, rising from 9.27 per cent to 9.39 per cent. The share of Domestic Institutional Investors (DIIs) continued to climb, reaching an all-time high of 17.82 per cent as of June 30, 2025, up from 17.62 per cent in the previous quarter. This increase followed a net investment of Rs 1.68 lakh crore during the quarter. Mutual funds, buoyed by sustained retail inflows through systematic investment plans (SIPs), played a major role in this surge. Their net investment of Rs 1.17 lakh crore pushed mutual funds' share in NSE-listed companies to a new peak of 10.56 per cent, up from 10.35 per cent in March 2025. In contrast, Foreign Institutional Investors (FIIs) saw their stake dip further to a 13-year low of 17.04 per cent from 17.22 per cent, despite a net inflow of Rs 38,674 crore during the quarter. DIIs increased their exposure most notably to the Consumer Discretionary sector while cutting back on Fast Moving Consumer Goods (FMCG). On the other hand, FIIs raised their allocation to Financial Services but also trimmed their investment in FMCG. India's largest institutional investor, Life Insurance Corporation of India (LIC), saw a marginal decline in its equity holdings. Across 284 companies where it holds over 1 per cent, LIC's stake dropped to 3.68 per cent as of June 30, 2025, from 3.72 per cent at the end of March 2025, even though it recorded a net purchase of Rs 9,914 crore during the quarter. LIC continues to account for a dominant 69 per cent share, amounting to Rs 16.76 lakh crore of all insurance equity investments.
Hans India
14 hours ago
- Hans India
India Inc promoters holding slumps to 8-yr low in June qtr: Report
Promoters' ownership in private listed companies declined to an eight-year low of 40.58 per cent as of June 30, 2025, following a net share sale worth Rs 54,732 crore during the quarter, according to data from an initiative of PRIME Database Group. While promoter buying is always a positive sign, promoter selling can be due to a wide variety of reasons such as promoters taking advantage of bullish markets to take money off the table, strategic reasons like debt reduction, legacy planning, philanthropy, investment in other ventures and meeting Minimum Public Shareholding (MPS) requirement as also for personal expenses, Pranav Haldea, Managing Director, PRIME Database Group, said. "Relatively lower promoter holding in some of the recent IPO companies and overall institutionalisation of the market are some of the other reasons behind this fall," he added. In comparison, private promoters held a 40.81 per cent stake in the quarter ended March 2025. The last time holdings were this low was in the quarter ended September 30, 2017, when private promoter shareholding stood at 40.19 per cent. This trend has been consistent over the past three years. Over the last 13 quarters alone, promoters' share has fallen sharply by 455 basis points from 45.13 per cent on March 31, 2022, to 40.58 per cent as of June 30, 2025. According to Haldea, as long as promoters continue to hold a sizable stake after the sale, with the sale not happening at a huge discount to market price and there being no significant change in the fundamentals of the company, there is no reason to worry. This analysis is based on the shareholding data filed by 2,086 out of the 2,131 companies listed on the main board of the NSE for the quarter ended June 30, 2025. As of July 25, 45 companies had yet to submit their shareholding disclosures. Meanwhile, government holdings as promoters saw a slight increase during the quarter, rising from 9.27 per cent to 9.39 per cent. The share of Domestic Institutional Investors (DIIs) continued to climb, reaching an all-time high of 17.82 per cent as of June 30, 2025, up from 17.62 per cent in the previous quarter. This increase followed a net investment of Rs 1.68 lakh crore during the quarter. Mutual funds, buoyed by sustained retail inflows through systematic investment plans (SIPs), played a major role in this surge. Their net investment of Rs 1.17 lakh crore pushed mutual funds' share in NSE-listed companies to a new peak of 10.56 per cent, up from 10.35 per cent in March 2025. In contrast, Foreign Institutional Investors (FIIs) saw their stake dip further to a 13-year low of 17.04 per cent from 17.22 per cent, despite a net inflow of Rs 38,674 crore during the quarter. DIIs increased their exposure most notably to the Consumer Discretionary sector while cutting back on Fast Moving Consumer Goods (FMCG). On the other hand, FIIs raised their allocation to Financial Services but also trimmed their investment in FMCG. India's largest institutional investor, Life Insurance Corporation of India (LIC), saw a marginal decline in its equity holdings. Across 284 companies where it holds over 1 per cent, LIC's stake dropped to 3.68 per cent as of June 30, 2025, from 3.72 per cent at the end of March 2025, even though it recorded a net purchase of Rs 9,914 crore during the quarter. LIC continues to account for a dominant 69 per cent share, amounting to Rs 16.76 lakh crore of all insurance equity investments.
