Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 20-12-2024
₹ 13.3
1D
Inception Returns
29.1%
/yr
About Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth
Zerodha 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 Nifty LargeMidcap 250 Index Fund Direct Growth has ₹706 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 Nifty LargeMidcap 250 Index Fund Direct Growth has given a CAGR return of 29.06% since inception. Over the last 1 year the fund has given a CAGR return of 22.63%.
Holdings
Zerodha 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 index funds 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 Nifty LargeMidcap 250 Index Fund Direct Growth
The investment objective of the Scheme is to generate returns that are commensurate with the performance of the Nifty LargeMidcap 250 Index TRI (underlying Index), subject to tracking error.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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24422 people have invested ₹ 9Cr in Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth in the last three months
Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth Overview
| Expense ratio | 0.27% |
Benchmark | NIFTY LargeMidcap 250 TRI TR IDR |
| AUM | ₹706 Cr |
| Inception Date | 8 November, 2023 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 24.72% |
| 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 |
Fund Distribution
as on (30-Nov-24)
Large cap
49.7%
Mid cap
48.4%
Small cap
1.9%
Sector Allocation
Financial Services
25.9%
Industrial
13.6%
Consumer Cyclical
11.5%
Tech
11.1%
Basic Materials
9.3%
Health
7.5%
Consumer Defensive
6.3%
Energy
6%
Utilities
3.4%
Communication
3.3%
Real Estate
2.1%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 0.12% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.71% as on Nov'24
- This fund outperformed Nifty 50 by 0.83% in Nov'24
- AUM of the fund stands at 652.3 Cr as of Nov'24
- AUM increased by 25.4 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Persistent Systems Ltd's allocation increased from 0.83% to 0.86%
Varun Beverages Ltd's allocation increased from 0.26% to 0.27%
Top Stocks sold last month
Dr Reddy's Laboratories Ltd's allocation decreased from 0.29 % to 0.29 %
Bharat Dynamics Ltd Ordinary Shares's allocation decreased from 0.16 % to 0.15 %
Canara Bank's allocation decreased from 0.17 % to 0.13 %
Small Cap allocation has gone down from 2% to 1.9%
Mid Cap allocation has gone up from 48.3% to 48.4%
Large Cap allocation has gone down from 49.9% to 49.7%
Cash allocation has gone up from -0.2% to 0%
Top 3 Sectors in November were Financial Services, Industrial & Consumer Cyclical
Nov'24
Financial Services
26%
Industrial
14%
Consumer Cyclical
11%
Oct'24
Financial Services
26%
Industrial
14%
Consumer Cyclical
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.07% | 10.6% | |
 ICICI Bank Ltd | 3.41% | 10.6% | |
 Reliance Industries Ltd | 3.26% | 10.6% | |
 Infosys Ltd | 2.49% | 10.6% | |
 ITC Ltd | 1.65% | 10.6% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Indian Hotels Co Ltd | 11.9% |
 Infosys Ltd | 6.1% |
 HDFC Bank Ltd | 3% |
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Fund House
Zerodha Asset Management Private Limited
Total Schemes
Total AUM
₹787.8 Cr
as on 29-Nov-2024
Address
India
Phone
9560323309
Website
support@zerodhafundhouse.com
Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 29.06% since inception which is more than its category average return of 14.71%
Fund Allocations
This fund has an allocation of 99.96% in Equity, 0% in Debt and 0.04% in Cash related instruments
AUM size ₹706 Cr
This fund has AUM of ₹706 Cr which is less than its category average of ₹ 824 Cr
Expense Ratio 0.27%
This fund has an expense ratio of 0.27% which is less than its category average expense ratio of 0.55%
Frequently Asked Questions for Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth
The current NAV of Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth is ₹13.3 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.13% | 2.13% |
6 Month Returns | 0.62% | 0.62% |
1 Year Returns | 22.63% | 22.63% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.27% as on November 2024
₹706 Cr as on November 2024
HDFC Bank Ltd(5.07%), ICICI Bank Ltd(3.41%), Reliance Industries Ltd(3.26%), Infosys Ltd(2.49%), ITC Ltd(1.65%) as on November 2024
Financial Services(25.94%), Industrial(13.61%), Consumer Cyclical(11.45%) as on November 2024
The alpha ratio for the Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth | - | - | - |
As on November 2024
The alpha for Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth is calculated against NIFTY LargeMidcap 250 TRI TR IDR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth | - | - | - |
As on November 2024
The Beta for Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth is calculated with NIFTY LargeMidcap 250 TRI TR IDR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth | 1.48 | - | - |
As on November 2024
The sharpe ratio for Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth is calculated with NIFTY LargeMidcap 250 TRI TR IDR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth | 12.94 | - | - |
As on November 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
The Exit load of Zerodha Nifty LargeMidcap 250 Index Fund Direct Growth is 0%