Actually this stems from a comment where, I saw Nithin talking that to be in AMC space that, Zerodha has just entered, you need to be unique.
Unique in the sense that your products are differentiable both in terms of portfolio holdings as well as returns.
So just browsing in Tijori finance, which is a partner of zerodha, I pondered upon some indexes there made by it. Like:
TJI IT Largecaps
TJI Railways
TJI Public Banks etc.
So can’t zerodha AMC offer a new fund that it says will have these-these indexes or these indexes based on momentum.
This will not only give the AMC some differentiated product but TJF some extra business as well. And the process will also be transparent as well as passive.
Any ways indexes were once built for tracking only which later transformed into investment tools.
I don’t know weather it can be done or maybe SEBI would have some objection but thought of putting the thought for some discussion in the zerodha community itself.
@nithin