Why is the NIFTY 50 CAGR lower than the market price?

The CAGR in INR is 14% for the last 20 years. But since we invest USDC, the forex conversion leads to a variability in the CAGR. If the value of INR goes down against USD, the CAGR is negatively impacted.

Isn't crypto illegal in India ?

The legal framework around cryptocurrencies is weak in India. To bypass this, we invest in ETFs in the Tokyo Stock exchange. The on-ramping and off-ramping process occurs in a crypto friendly jurisdiction of Singapore.

Is this a tokenised ETF ?

No. Boringyield invests crypto on your behalf. We'll ask you to KYC with us, open an account, and then commit an asset to invest in the market. The company will hold the ETF on your behalf. There is no token

Is there a lock in period ?

We don't impose any lockin, but withdrawls made before 1 year after investment will attract an exit load