Who can invest in these funds?

Modified on Fri, 13 Oct 2023 at 02:27 PM

The following persons are eligible and may apply for subscription to the Units of the Scheme provided they are not prohibited by any law/ Constitutive documents governing them: 

  1. Resident adult individuals either singly or jointly (not exceeding three) or on an anyone or survivor basis; 

  2. Karta of Hindu Undivided Family (HUF); 

  3. Minor (as the first and the sole holder only) through a natural guardian (i.e. father or mother, as the case may be) or a court appointed legal guardian. 

  4. Proprietorship in the name of Sole Proprietor;

  5. Partnership Firms & Limited Liability Partnerships (LLPs); 

  6. Companies, Bodies Corporate, Public Sector Undertakings, Association of Persons (AOP) or Bodies of Individuals (BOI) and societies registered under the Societies Registration Act, 1860, Co-Operative Societies registered under the Co-Operative Societies Act, 1912;

  7. Banks & Financial Institutions; 

  8. Mutual Funds/ Alternative Investment Funds registered with SEBI; 

  9. Religious and Charitable Trusts, Waqfs or endowments of private trusts (subject to receipt of necessary approvals as required) and Private trusts authorized to invest in mutual fund schemes under their trust deeds; 

  10. Non-resident Indians (NRIs)/Persons of Indian Origin residing abroad (PIO)/ Overseas Citizen of India (OCI) on repatriation basis or on non-repatriation basis; 

  11. Foreign Portfolio Investors (FPI) registered with SEBI in accordance with applicable laws; 

  12. Army, Air Force, Navy and other paramilitary units and bodies created by such institutions; 

  13. Scientific and Industrial Research Organizations;

  14. Council of Scientific and Industrial Research, India; 

  15. Multilateral Financial Institutions/ Bilateral Development Corporation Agencies/ Bodies Corporate incorporated outside India with the permission of Government of India/Reserve Bank of India;

  16. Provident/ Pension/ Gratuity Fund to the extent they are permitted; 

  17. Qualified Foreign Investor (QFI);

  18. Other Schemes of Zerodha Mutual Fund subject to the conditions and limits prescribed by SEBI (MF) Regulations; 

  19. Such other category of investors as may be decided by the AMC / Trustee from time to time provided their investment is in conformity with the applicable laws and SEBI (MF) Regulations.

Anyone specified above can invest in the Scheme. 

The list given above is indicative and the applicable laws, if any, as amended from time to time shall supersede the list.

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