Zerodha Nifty LargeMidcap 250 Index Fund
A simple index fund to invest in top 250 Indian companies
AUM
₹510.45Cr
Expense Ratio
0.26%
Risk
Very High
Min. Investment
₹100
Ideal for
5 yrs+ Investment Period
Low Investment Amount
Diversification
About the fund
This index fund follows the Nifty LargeMidcap 250 index, and invests your money equally between the top 100 large companies and the next 150 midcap companies. For example, if you invest ₹1000 in this index fund, ₹500 will mostly be allocated towards the top 100 largecap companies and remaining ₹500 will mostly be allocated towards the next 150 midcap companies. Investing in this fund offers a simple & optimized way to invest passively in the Indian equity market while diversifying across various companies, sectors and market capitalizations.
Midcap companies may offer better return potential compared to largecap companies, but may also be more volatile compared to the largecap companies. Therefore, by equally allocating your money between midcap and largecap companies, the fund aims to offer a good balance between risk & return for long term wealth creations.
The fund might be suitable for someone who is looking for investing with a long term horizon in mind. You can choose to start investing with an investment amount as low as ₹100.
Past Performance
Tax Implication
Investment period < 1 year
Gains/profits are treated as short-term capital gains & taxed at 15% (plus surcharge, if any and 4% cess).
Investment period >= 1 year
No tax for gains upto ₹1 Lakh in a financial year. Gains above ₹1 Lakh in a financial year are taxed at 10% (plus surcharge, if any and 4% cess).
Returns & Tax Calculator
| Top 7 Equity Holdings | Weightage (%) |
|---|---|
| Hdfc Bank Ltd | 4.47 % |
| Reliance Industries Ltd | 3.75 % |
| Icici Bank Ltd | 3.12 % |
| Infosys Ltd | 2.49 % |
| Itc Ltd | 1.70 % |
| Tata Consultancy Services Ltd | 1.63 % |
| Larsen & Toubro Ltd | 1.58 % |
Fund Manager
Kedar has an experience of 17 years in financial markets, across multiple roles at Aditya Birla Sunlife AMC Ltd (ABSLAMC), including fund management for passive products, where he managed 13 ETFs and Index Funds in equity & commodity. Kedar's belief in his own words is - "Passive investing uses the collective intelligence of the market instead of manually picking stocks and works for most investors."
Riskometer
Riskometer of the scheme
Riskometer of the benchmark - Nifty LargeMidcap 250 Index TRI
This product is suitable for investors who are seeking*:
- Long term capital growth
- Investment in securities covered by Nifty LargeMidcap 250 Index
Investors should understand that their principal will be at Very High Risk
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Similar Funds
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund
Zerodha Nifty 100 ETF
Zerodha Nifty Midcap 150 ETF
Frequently Asked Questions
Fund Overview
The Zerodha Nifty LargeMidcap 250 Index Fund tracks the Nifty LargeMidcap 250 Index TRI which intends to measure performance of both the large and mid-market capitalization companies in equal proportion.
If ₹1000 is invested in this index fund, ₹500 will be allocated towards the top 100 largecap companies and remaining ₹500 will be allocated towards the next 150 midcap companies.
The Zerodha Nifty largeMidcap 250 Index fund is a passively managed index fund which reflects the performance of a portfolio of 100 large cap and 150 mid cap companies listed on NSE.
The portfolio of the Zerodha Nifty LargeMidcap 150 Index Fund will be rebalanced within 7 calendar days post any change in the constituents of the Nifty Large Midcap 250 index due to periodic review
The minimum investment amount for investors looking to invest in the Zerodha Nifty LargeMidcap 250 Index Fund is Rs.100/-.
Suitable for
The Zerodha Nifty LargeMidcap 250 Index fund is an open ended passively managed scheme suitable for investors looking for balanced exposure between large cap and mid cap segment of the Indian equity markets with an aim to create wealth in the long term.
The Zerodha Nifty LargeMidcap 250 Index fund is suitable for investors who have a long term investment horizon in mind.
The Zerodha Nifty LargeMidcap 250 Index fund invests primarily in equity and equity related instruments. Hence, it is a Very High Risk scheme.
Mode of Investing
The Zerodha Nifty LargeMidcap 250 Index fund is available on Coin by Zerodha, Groww, Kuvera, Paytm Money, IND Money, CAMS Online, MFU and MFC and other such platforms.
Investors can invest in the Zerodha Nifty LargeMidcap 250 Index Fund via both Lumpsum and SIPs.
Cost and Tax Implications
The expense ratio of the Zerodha Nifty LargeMidcap 250 Index Fund is 0.26%as on Jul 26, 2024
There is no exit load applicable on the Zerodha Nifty LargeMidcap 250 Index Fund
Investors investing in the Zerodha Nifty LargeMidcap 250 Index Fund will be taxed only on the capital gains based on different time periods of investments:
1. If the investment Period < 1 year: Gains/profits are treated as short-term capital gains and taxed at 15% (plus surcharge, if any and 4% cess).
2. If the investment Period > 1 year: There will be no tax for gains up to ₹1 Lakh in a financial year.
For any gains above ₹1 Lakh in a financial year there will be a 10% tax (plus surcharge, if any and 4% cess)
Please refer to the Returns and Tax calculator on the same page above for the full breakdown of actual taxes which are dependent on the investment amount and investment period.
Fund Details
The NAV of the Zerodha Nifty LargeMidcap 250 Index Fund is ₹13.7567 as on Jul 26, 2024
The Tracking Error of the Zerodha Nifty LargeMidcap 250 Index Fund is 0.06% as on Jul 26, 2024
The AUM of the Zerodha Nifty LargeMidcap 250 Index Fund is ₹510.45Cr as on Jul 26, 2024
There is no lock-in period for the Zerodha Nifty LargeMidcap 250 Index Fund