Why hasn't Zerodha launched a ₹10 NAV Nifty 50 ETF yet

General
1

Hello @VishalJain
Why hasn’t Zerodha launched a ₹10 NAV Nifty 50 ETF yet — especially when newer players like Groww are offering it?

With the Groww Nifty 50 Index Fund recently launched at a NAV of ₹10.00 (as per Groww’s NFO page on July 2, 2025), retail investors now have access to low-cost entry into India’s flagship index. Here’s the direct quote:

“NAV: 02 Jul 2025 ₹10.00”
Source: Groww Nifty 50 ETF NFO

This raises a key question:

Why hasn’t Zerodha Fund House introduced a similar ₹10-NAV Nifty 50 ETF yet?

Especially given that:

1. Zerodha has launched other ETFs successfully

They’ve introduced thoughtful ETFs like:

  • TOP100CASE (Nifty 100 ETF)
  • MID150CASE (Nifty Midcap 150 ETF)
  • SILVERCASE, GOLDCASE, and LIQUIDCASE
    This shows capability in creating low-cost, retail-friendly products. So, Nifty 50 — being India’s most recognized index — seems like an obvious addition.

2. Retail-friendly ₹10 pricing matters

Groww’s ₹10 NAV allows first-time and small-ticket investors to buy “more units” with a smaller amount — psychologically more appealing than buying high-priced ETFs like NIFTYBEES (~₹230+). Zerodha’s fund house has typically focused on accessibility and simplicity — so why skip this?

3. Nifty 50 remains India’s most trusted index

Even with Nifty 100 and Midcap ETFs in Zerodha’s basket, there’s still no direct exposure to Nifty 50, which is often considered the “SIP of ETFs.” Almost every index investing beginner starts here.

4. Institutional players dominate current Nifty 50 ETFs

While large players like SBI (SETFNIF50) and Nippon (NIFTYBEES) dominate the category, their unit prices are high, and often favored by institutions and EPFO. A ₹10 NAV Zerodha Nifty 50 ETF could democratize access for retail just like Groww is attempting.

Final Thoughts

Zerodha’s ETF product philosophy seems to target niche, retail-first opportunities. But this makes it even more puzzling why the most foundational ETF (Nifty 50) is missing from their lineup — especially in a ₹10 entry format that fits their style.

Is Zerodha waiting for saturation to ease, or is a low-cost Nifty 50 ETF in the pipeline?

2 Likes
2

IMO, I dont see much value in another Nifty 50 ETF. Groww is a company that is not very inclined to value addition - it is more inclined towards profits and revenue, even if it is at the cost of investors or even if there is not much value creation. They just follow suite and not been innovative or creative.

No hate towards Groww, but I feel it was created out of greed or jealousy. I just never got a good vibe from the whole platform in general. Never felt “growth” from Groww.

Zerodha on the other hand has aimed at value addition, over herd mentality.

Just sharing my thoughts on why they might not have introduced Nifty 50 ETF.

3

Can you explain how the hell does a lower price ETF matter? It’s the exact same exposure to the underlying. 200 rs is easy enough to buy. Buying less than that just doesn’t make sense.

4

(post deleted by author)

5

Hey Sandeep, thanks for your suggestion. This has always been part of our product pipeline where we are sequencing launches based on launching the first set of building blocks across equity, debt and commodity. You will see this happening soner than later… Rgds

2 Likes