Introducing the Zerodha Multi Asset Fund
After 20+ years of being in the markets, one thing has become crystal clear to me: most investors should just invest in low-cost equity, debt, and gold index funds and do something useful with their lives. 😬 Trying to pick the "best fund" or "best asset class" is largely a waste of time and energy.
What most investors don't realize is that they'd get far better returns by focusing on maximizing their earning potential rather than obsessing over picking the "best stocks and funds." The odds are stacked against them anyway.
That's exactly why we launched the Zerodha AMC Multi Asset Fund. This single fund gives investors exposure to large-cap and mid-cap equities, government bonds, and gold all in one place. Investors don't have to worry about rebalancing, tax complications, or managing multiple investments. Invest in NFO on Coin.
There was a famous study from Fidelity that found that their best-performing accounts belonged to people who were either dead or had forgotten they had accounts. The study was made up, but the point still stands.
What would be the expense ratio for the fund, and the underlying expense ratios for the ETFs?
@Nithin Kamath The SID lists 40+ ETFs that this fund could invest in. Could you please shed some light on how this fund intends to mitigate the liquidity risk that comes with ETFs? I have been averse to ETFs in my investing journey thus far. I have preferred index funds to ETFs.