Jodhtha created a ruckus in the world of mutual funds, Nitin Kamath’s ‘Hero Fund’ is in discussion


Jodhi, who has made a distinct identity from the zero brokerage model in the world of stock broking, has now created panic in the world of mutual funds. Established by Nitin and Nikhil Kamath, this platform started Zerodha Fund House in late 2023 and has now become a big option for investors.

7 lakh people trust and save 6400 crores

Jodhodha CEO Nitin Kamath said in a post on Thursday that it has been 18 months since the start of the fund house and during this time more than 7 lakh investors have saved a total of 6,400 crores by investing in the funds of Ajodha. Kamath says that he did not do any kind of heavy marketing, yet people showed confidence.

Nitin Kamath’s ‘Hero Fund’ Liquidcase etf

Kamath also discussed his “Hero Fund”, Liquidcase ETF, whose asset under management (AUM) has now reached 4,700 crores. He told that in just 15 months this fund has reached such a big height.

843 crore was now in April 2024, now 4700 crores reached

Kamath also shared that in April 2024, the AUM of Liquidcase ETF was only 843 crores. But now it has increased to 4,700 crores. According to him, it can be considered one of the most successful launch in the Indian Retail ETF segment. The main focus of the Jidhi Fund House is to give ordinary and affordable index funds and ETF. Their purpose is to participate in the market in a transparent manner, in which middlemen do not have a role.

Disclaimer: (Information provided here is being given only for information. It is necessary to tell here that the investment market is subject to risks. Always consult expert before investing as an investor. Never is advised to invest money from Abplive.com.

Also read: This multibagger stock turned out to be Kubera’s treasure, only 10 thousand invested and 34 lakh rupees came to the account

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