This is interesting
Let us have this thread to discuss about what kind of mutual funds can possibly Zerodha launch?
I would put my money into game, if Zerodha launches low cost index funds based on following indices
- Nifty200 Momentum 30 Index : Currently only UTI offers fund on this index, not exactly low cost
- Nifty Alpha Low Volatility 30 Index : Currently only ICICI offers ETF on this index, which has volume issues
Back testing result shows that both indexes have outperformed nify50, nifty next 50 on comfortably on rolling returns basis for > 5 years investment.
Also combination will work complimentory to each other. In case of market crash Momentum index have larger drawdown, but alpha low vol should protect (to some extent) from capital erosion
Your views, counterviews? Educated guess?