Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth
NAV as on 15-04-2025
₹ 12.61
▲2.7%
1D
Inception Returns
17.5%
/yr
Historical NAV & Returns
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 ₹155 Cr worth of assets under management (AUM) as on Mar 2025 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 17.52% since inception. Over the last 1 year the fund has given a CAGR return of 5.67%.
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, Communication, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Bharti Airtel 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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
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
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth Overview
| Expense ratio | 0.27% |
Benchmark | NIFTY LargeMidcap 250 TRI TR IDR |
| AUM | ₹155 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 (15-Apr-25)
Fund Distribution
as on (31-Mar-25)
- This fund’s returns stands at 7.39% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund outperformed Nifty 500 by 0.14% in Mar'25
- AUM of the fund stands at 155 Cr as of Mar'25
- AUM has remained same between Mar'25 and Feb'25
Top 3 Sectors in March were Financial Services, Industrial & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.75% | 5.3% | |
 ICICI Bank Ltd | 3.71% | 5.3% | |
 Reliance Industries Ltd | 3.56% | 5.3% | |
 Infosys Ltd | 2.66% | 5.3% | |
 Bharti Airtel Ltd | 1.84% | 5.3% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth | 5.67% | - | - | 17.52% |
 LIC MF ELSS Tax Saver -Direct Plan Growth Option | 15.13% | 14.83% | 23.27% | 14.89% |
 DSP ELSS Tax Saver Fund Direct Plan Growth | 14.7% | 18.07% | 28.54% | 17.93% |
 SBI Long Term Equity Fund Direct Growth | 7.1% | 22.59% | 30.06% | 16.38% |
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 5.6% |
 ICICI Bank Ltd | 3.4% |
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹155 Cr
Expense Ratio 0.27%
More funds from Zerodha
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 | 5.93% | 5.93% |
6 Month Returns | -10.52% | -10.52% |
1 Year Returns | 5.67% | 5.67% |
3 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 | 1.37 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth | 1.09 | - | - |
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 | 0.11 | - | - |
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 | 17.37 | - | - |