Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund - Direct Plan

Name: Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund - Direct Plan
Brand: Zerodha Mutual Fund

Fund Card

Value Research Rating

Unrated

Our Opinion

Riskometer

Very High

₹13.4019 1.37%

As on 18-Mar-2026

Returns

Calculate SIP Returns of Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund - Direct Plan

Upfront Investment

Monthly SIP Amount

Investment Duration

More Details about Returns

Risk

This fund has Very High risk.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

As per SEBI's Riskometer.

More Details about Risk

Portfolio of Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund - Direct Plan

Asset Allocation

Market Cap Weightage

We have shifted from our proprietary CapRank classification system to SEBI’s market cap classification system with effect from 14 Jan, 2026.

Portfolio Breakdown

Peer Comparison

Fund name	Rating	Risk		Expense Ratio (%)
Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund - Direct Plan	Unrated	Very High	loading...	0.29
SBI ELSS Tax Saver Fund - Direct Plan Invest Online		Very High	loading...	0.92
DSP ELSS Tax Saver Fund - Direct Plan		Very High	loading...	0.74
HDFC ELSS Tax Saver Fund - Direct Plan Invest Online		Very High	loading...	1.08
Nippon India ELSS Tax Saver Fund - Direct Plan Invest Online		Very High	loading...	1.03

Detailed Comparison

Other details of Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund - Direct Plan

Assets

₹257 Cr

Exit Load (Days)

Min. Investment (₹)

500

Min. Withdrawal (₹)

Min. SIP Investment (₹)

500

Min. No of Cheques

More Details

About Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund - Direct Plan

Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund - Direct Plan is a equity mutual fund scheme of Zerodha Mutual Fund. Launched on November 08, 2023, it is currently managed by Kedarnath Mirajkar. The fund has an expense ratio of 0.29% with an overall AUM (Assets Under Management) of ₹257 Cr.

Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund - Direct Plan is mandated to invest at least 80 per cent of its assets in equity stocks. Being passively managed, it replicates the portfolio of its chosen benchmark index. It offers tax exemption under Section 80C of the Indian income tax laws. As per this section, investments of up to Rs 1.5 lakh in a financial year in eligible securities are exempt from tax. The fund allows minimum lumpsum investment of ₹500 and minimum SIP of ₹500.

Investment Strategy

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).

Suitability

ELSS funds are suitable for investors:

Seeking tax savings u/s 80C through a diversified equity portfolio
Aiming for long-term wealth creation
With a 5+ year investment horizon
Who are at ease with the market's ups and downs

Note:

Invest only through SIP
The fund has a lock-in-period of 3 years
Being passively managed, the fund replicates the portfolio of its chosen benchmark index

Capital Gains Taxation

If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1.25 lakh in a financial year are exempt from tax. Gains over Rs 1.25 lakh are taxed at the rate of 12.5%.
If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 20%.
No tax is to be paid as long as you continue to hold the units.

Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.

Dividend Taxation

Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 10,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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FAQ for Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund - Direct Plan

How to Invest in Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund - Direct Plan?

Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund - Direct Plan can be bought from the Zerodha Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.

What is the current NAV of Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund - Direct Plan Today?

The latest declared NAV of Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund - Direct Plan, is ₹13.4019 as of 19-Mar-2026.

What are the top holdings of Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund - Direct Plan?

Company	Percentage of Portfolio
HDFC Bank	4.89
ICICI Bank	3.54
Reliance Ind	3.39
Bharti Airtel	1.89
Larsen & Toubro	1.81

What is the return of Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund - Direct Plan in the last 5 years?

Over the past five years, Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund - Direct Plan has delivered an annualised return of --% as of 19-Mar-2026.

What is the minimum investment required in Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund - Direct Plan?

The minimum investment required to start investing in Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund - Direct Plan is ₹500 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.