Zerodha Mutual Fund reduces minimum amount criteria for Zerodha Gold ETF FoF
Zerodha Mutual Fund has announced the revision in the minimum amount criteria of Zerodha Gold ETF FoF.
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The changes will be effective from February 3. The fund house has informed about this change to its unitholders through a notice-cum-addendum.
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View Details» <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-117883357»>The minimum application amount or switch amount during the NFO was Rs 500 and in multiples of Re 1 thereafter. However, this section does not apply, as the ongoing offerer of the scheme has commenced after the NFO, and the units are now available for continuous subscription and redemption.
On a continuous basis, the minimum application amount/ switch-in/ additional purchase amount has been reduced from Rs 500 and in multiples of Re 1 thereafter to Rs 100 and in multiples of any amount thereafter.
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