Zerodha Introduces SENSEX Index Fund to Broaden Retail Market Participation

Marking its latest mutual fund initiative, Zerodha launched a new BSE SENSEX Index Fund aimed at offering retail investors low-cost exposure to India’s benchmark equities. The new fund replicates the performance of the 30-stock index with minimal tracking error and no exit load for short-term holdings. Management said the offering targets long-term wealth creation through passive investing. Market observers noted that the move could expand retail penetration in India’s exchange-traded product space amid sustained inflows into index-linked schemes.