Discover the Zerodha BSE Top 10 Banks ETF NFO. Open from Oct 12 to Oct 26, 2026. Learn key details, minimum investment, and fund objectives.
Zerodha Mutual Fund has announced the launch of the Zerodha BSE TOP 10 Banks ETF, an open-ended scheme replicating the BSE Top 10 Banks Index. The New Fund Offer opens for subscription on October 12, 2026 and closes on October 26, 2026.
Key Scheme Details
- NFO Period: October 12, 2026 to October 26, 2026
- Minimum Subscription: Rs 1,000 and in multiples of Rs 1,000 thereafter
- Entry Load: Nil
- Exit Load: Nil
The investment objective of the scheme is to invest in stocks comprising the BSE Top 10 Banks Index in the same proportion as the index. This structure aims to achieve returns equivalent to the Total Return Index of the BSE Top 10 Banks Index, subject to tracking error.
Fund Management And Benchmark
- Benchmark: BSE Top 10 Banks Total Return Index
- Fund Manager: Kedarnath Mirajkar
The fund offers investors exposure to the top banking sector equities managed under an open-ended sectoral equity fund framework.
