Is ZFH losing money on Goldcase ETF?

Zerodha Zerodha platforms
1

Came here after reading the AMA on reddit https://old.reddit.com/r/IndiaInvestments/comments/1gen2u5/hello_rindiainvestments_i_am_vishal_jain_ceo_of/

Is ZFH losing money on Goldcase ETF?

I ask this because its ER is .31 which is the cheapest in the segment with GOLDBEES most expensive at .8.

-https://www.tickertape.in/screener/equity?src=stocks&subindustry=Gold&stock=GOLDA&tab=ETFs

So is the idea here to get traction with low fees while making a loss and then increase it later?

Or is it that when you have a large inventory of gold you gotta pay extra…thus zerodha is fine with .31?

CC @VishalJain

2

Hey, the idea here is to ensure that we launch products which are not only cost-effective for investors but also make business sense for ZFH at the same time ensuring a stable TER for investors over a long-term.

It goes without saying that the cost structure of running a scheme itself tends to become more efficient at scale and we have factored this while deciding the TER.

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