October 1, 2026
mayank
Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 13.68 |
| NAV IDCW (Rs.) | — |
| Bonus NaV (Rs.) | — |
| Min. Investment (Rs.) | 500 |
| Min. SIP Investment (Rs.) | 500 |
| Min. No of Cheques | 1 |
| Benchmark |
NIFTY Large Midcap 250 TRI
|
| AUM Rs. | 295 Cr |
| (As on 31-Aug-2026) | |
| Expense | 0.25% |
| 1 Year Return (%) | 0.07 |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 11.44% |
Suitable For Which Investors?
ELSS funds are suitable for investors:
1. Seeking tax savings u/s 80C through a diversified equity portfolio
2. Aiming for long-term wealth creation
3. With a 5+ year investment horizon
4. Who are at ease with the market’s ups and downs
Note:
• Invest only through SIP
• The fund has a lock-in-period of 3 years
Being passively managed, the fund replicates the portfolio of its chosen benchmark index
Fund’s Investment Strategy:
The scheme is to invest in stocks comprising the Nifty LargeMidcap 250 Index in the same proportion as in the index to achieve returns equivalent to the Total Return Index of Nifty LargeMidcap 250 Index (subject to tracking error).
Fund Manager:
1) Kedarnath Mirajkar
Education: Mr. Mirajkar has done PGDBM (Finance)
Experience: Prior to joining Zerodha Mutual Fund, he has worked with ABSL AMC, HDFC Bank as a Deupty Manager, Bombay Dyeing as a Finance Executive. He has over 10 years of experience in the Mutual Fund Industry.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 1 |
| Min. Balance (Rs) | — |
| Exit Load | 0 |
| Lock-in Period | 3 Years |
Basic Details of Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund
| Fund House | Zerodha Mutual Fund |
| Launch Date | 08-Nov-23 |
| Return Since Launch | 11.44% |
| Benchmark | NIFTY Large Midcap 250 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | 295 Cr |
| (As on 31-Aug-2026) | |
| Expense | 0.25% |
| (As on 31-Aug-2026) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 13.00% |
Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Dir | -5.50 | -0.74 | -6.54 | -3.85 | 6.39 | 0.07 | — | — | — | — |
| BSE 500 TRI | -6.85 | -0.48 | -5.88 | -3.43 | 5.78 | -2.18 | — | — | — | — |
| Equity: ELSS – Tax Saver | -4.58 | -0.48 | -5.25 | -2.25 | 7.45 | -0.94 | — | — | — | — |
| Rank within category | 22 | 37 | 38 | 29 | 22 | 15 | — | — | — | — |
| Number of funds in category | 40 | 40 | 40 | 40 | 40 | 40 | 38 | 33 | 32 | 28 |
Peer Comparison of Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Dir | Unrated | 0.07 | — | — | 0.25 | 295 | 11.44 | — | 2Y 10M | 13.00 |
| SBI ELSS Tax Saver Dir | 5 out of 5 stars | -4.13 | 12.15 | 13.83 | 0.83 | 31,735 | 14.64 | — | 13Y 8M | 58.00 |
| DSP ELSS Tax Saver Dir | 4 out of 5 stars | -3.27 | 11.70 | 10.95 | 0.67 | 16,666 | 15.96 | — | 13Y 8M | 39.00 |
| HDFC ELSS – Tax Saver Dir | 5 out of 5 stars | -6.97 | 11.67 | 13.10 | 0.96 | 15,992 | 13.58 | — | 13Y 8M | 23.33 |
| Nippon India ELSS Tax Saver Dir | 4 out of 5 stars | -0.72 | 11.22 | 11.04 | 0.87 | 14,718 | 13.32 | — | 13Y 8M | 19.00 |
Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund Portfolio Analysis
| No. of Stocks | 250 |
| Top 10 Stocks | 21.68% |
| Top 5 Stocks | 14.57% |
| Top 3 Sectors | 54.91% |
| Portfolio P/B Ratio | 3.36 |
| Portfolio P/E Ratio | 21.23 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,75,291 | 1,91,767 |
| Large (%) | 53.33 | 61.34 |
| Mid (%) | 44.52 | 18.03 |
| Small (%) | 2.15 | 21.68 |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
Apply Online: https://www.zerodhafundhouse.com/
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