Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV as on 23-12-2024
₹ 13.36
▲0.4%
1D
Inception Returns
29.3%
/yr
About Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth is an equity fund. This fund was started on 8 November, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth has ₹145 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth has given a CAGR return of 29.33% since inception. Over the last 1 year the fund has given a CAGR return of 21.11%.
Holdings
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Basic Materials, Health, Consumer Defensive, Energy, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, ITC Ltd
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth
The investment objective of 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), while offering deduction on such investment made in the scheme under Section 80C of the Income-tax Act, 1961.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth of 3 Years
Historical NAV & Returns
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth Overview
| Expense ratio | 0.27% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹145 Cr |
| Inception Date | 8 November, 2023 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 27.2% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (23-Dec-24)
Fund Distribution
as on (30-Nov-24)
- This fund’s returns stands at 0.13% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 0.73% in Nov'24
- AUM of the fund stands at 135.5 Cr as of Nov'24
- AUM increased by 1.8 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Financial Services, Industrial & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.08% | 8.1% | |
 ICICI Bank Ltd | 3.42% | 8.1% | |
 Reliance Industries Ltd | 3.27% | 8.1% | |
 Infosys Ltd | 2.49% | 8.1% | |
 ITC Ltd | 1.65% | 8.1% |
Top Growth Drivers | 1M Return |
|---|---|
 Indian Hotels Co Ltd | 11.9% |
 Infosys Ltd | 6.1% |
 HDFC Bank Ltd | 3% |
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹145 Cr
Expense Ratio 0.27%
Frequently Asked Questions for Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.54% | 1.54% |
6 Month Returns | 1.31% | 1.31% |
1 Year Returns | 21.11% | 21.11% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth | 1.77 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth | 0.99 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth | 1.49 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth | 12.92 | - | - |