India’s newest asset management company, Zerodha Fund House, has made its entry into the mutual fund market by launching two new fund offers or NFOs. The company aims to disrupt the industry with its simple and transparent mutual funds, following the Vanguard-style approach. Zerodha Fund House recently launched two index funds that track the Nifty LargeMidcap 250 Index. The fund combines 100 large-cap stocks represented by the Nifty 100 Index and 150 mid-cap stocks represented by the Nifty Midcap 150 Index. It covers 250 stocks diversified across 20 sectors, providing a well-aligned investment option with the Indian economy. The fund rebalances every quarter to reflect a 50:50 ratio of large-cap and mid-cap exposure, allowing it to take advantage of different market cycles. Zerodha also launched the Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund, which provides tax benefits under Section 80C and has a three-year lock-in period. The NFO is open until November 3 and investors can access both funds through direct MF platforms like Coin By Zerodha, Groww, Kuvera, and others. Zerodha Fund House, a joint venture between Zerodha and fintech platform smallcase, focuses on offering only passive funds and direct plans without transaction charges. The company plans to expand its offerings to include more solutions and use-cases in the future.