Zerodha Nifty LargeMidcap 250 Index Fund

Zerodha Nifty LargeMidcap 250 Index Fund

ZN250

A simple index fund to invest in top 250 Indian companies

AUM

₹307.25Cr

Expense Ratio

0.25%

Risk

Very High

Min. Investment

₹100

Ideal for

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3 yrs+ Investment Period

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Diversification

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Low Investment Amounts

About the fund

Scheme

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 investors who are looking for investing with a long term horizon in mind. Investors can choose to start investing with an investment amount as low as ₹100.

Past Performance

Current value ofinvested once at launch of index would be
For periods above 1 year, returns are annualized (CAGR). Monthly SIP Returns denotes XIRR. Past performance doesn't guarantee future results. Fund returns may vary due to tracking errors and expenses compared to benchmark returns.

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).

Holdings
As on Apr 15, 2024
Group By
Top 7 Equity HoldingsWeightage (%)
Hdfc Bank Ltd
4.60 %
Reliance Industries Ltd
4.05 %
Icici Bank Ltd
3.10 %
Infosys Ltd
2.14 %
Larsen & Toubro Ltd
1.74 %
Tata Consultancy Services Ltd
1.63 %
Itc Ltd
1.54 %
Fund Details
As on Apr 15, 2024
NAV
₹11.9317
Exit Load
0%
Tracking Error
0.07%
Lock-in Period
No

Fund Manager

Kedarnath Mirajkar

Kedarnath Mirajkar

LinkedIn

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

very-high

Riskometer of the scheme

very-high

Riskometer of the benchmark - Nifty LargeMidcap 250

This product is suitable for investors who are seeking*:

  1. Long term capital growth
  2. 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.