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Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund - Growth - Direct Plan

NAV 12.82(1.08%)
Apr 17, 2025
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund - Growth - Direct Plan
PortfolioCompare
AUM
₹176 Cr
Expense (%)
0.27
Turnover (%)
0.01
Category
Equity - ELSS
Benchmark
NIFTY LargeMidcap 250 - TRI
Asset Quality
Large, Green
Differs from benchmark (%)
31.54

Decision Maker

1. Right Fund

Performance
Quality

2. Right Time

Benchmark
Debt Fund
8%
Likely Future 5 Year CAGR.

3. Right Allocation

Will this Fund help diversify your portfolio?

Fund Review

3Yr Rolling Returns(%)

Benchmark# : NIFTY 500
Rolling: 1Y 3Y 5Y 9Y

Performance Summary - 10 Year X-Ray

Dec' 15Dec' 16Dec' 17Dec' 18Dec' 19Dec' 20Dec' 21Dec' 22Dec' 23Dec' 24YTD
NAV(₹)
--------11.2613.3512.82
AUM(Cr.)
--------32.15154.44176.62
Benchmark# BM# Returns(%)
--------8.0115.16-3.10
Fund Returns(%) ⓘ
--------7.6518.56-3.97
Implied  Investor Returns(%) IR(%)
---------25.275.22
Alpha(%)  (Returns over Benchmark)
---------0.363.40-0.87
Expense Ratio(%)
--------0.260.260.27

CAGR ⓘ

9 Year5 Year3 Year1 Year
Benchmark# BM# Returns(%)
---5.35
Fund Returns(%)
---7.4
Implied  Investor Returns(%) IR
----1.47
                                                                                                                                                            Benchmark# is NIFTY 500

Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Review : 19 Apr 2025

Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund is a Equity - ELSS with an 177(Cr) AUM. It is Open Ended scheme launched on 08 Nov 2023. Currently, Kedarnath Mirajkar as the manager managing the fund. Benchmark of the scheme is NIFTY LargeMidcap 250 - TRI.

1. How has the Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Performed in the past? N/A

  • The fund has been operational for less than 5 years and hence it too early to be rated on Performance consistency.
  • The 3, 5 and 9-year average rolling returns and rolling alpha are not available
  • For last 5 years, Investors have earned close to or more returns than the Fund. This may indicate that they were aligned to the investing process followed by the fund.

2. How is the Quality of Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund? Q

Fund's Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.

  • Portfolio Composition

    The fund is 100% in equity and hold 250 number of stocks. The Top 3 stocks are Reliance Industries, ICICI Bank and HDFC Bank and account for 12% of its portfolio. Top 5 and 10 stocks of fund account for 16% and 24% of fund’s portfolio respectively. Top three sectors of funds are BFSI, IT and Construction & Infrastructure accounting for 47% of the total portfolio.

    • 3. Should you SIP in Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund? N/A Q

    • It is better to invest in a fund with a longer track record as this fund cannot be assessed for consistency of out-performance.
    • However, fund's returns unlikely to be different than its benchmark NIFTY 500, as the Fund’s portfolio is similar to its benchmark.
    • You need to look at the other funds in your portfolio and ensure this fund helps diversify your portfolio meaningfully.
    • Before investing a large lumpsum amount in a fund you need to assess its Upside Potential. You can contact us for advice.

    4. What are the Risks in the Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund?

    • Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund is likely to fall lesser than the market. It is likely to do well in a falling market but not in a rising market.
    • The Fund has fallen harder, but not recovered faster than its Benchmark.

    Underlying Asset Quality & Valuation

    Underlying Asset Quality Valuation(%) ⓘ
    Underlying Asset Valuation (%) ⓘ

    Peer Comparison on returns

    Upside and Downside Capture Ratio ⓘ

    1 Year3 Year5 Year9 Year
    Upside %
    		108---
    Downside %
    		35414739

    Statistical Measure*

    Mean Std Dev Sharpe Sortino Beta Alpha
    Fund
    		0.03%0.940.020.031.04-0.87%
    Benchmark#
    		0.04%1.090.020.031.04-
    *Based on daily returns for past 1 year.

    Mean and Standard Deviation

    Average Rolling Return Standard Deviation
    1 Year 3 Year5 Year9 Year1 Year3 Year5 Year9 Year
    Fund
    		12.930.000.000.009.540.000.000.00
    Benchmark#
    		10.610.000.000.008.810.000.000.00
    Drawdown and Recovery Period ⓘ

    No Data Found

    Top 10 Holdings

    Company (Q)Sector% Assets
    HDFC Bank Limited
    		BFSI5.41
    ICICI Bank Limited
    		BFSI3.7
    Reliance Industries Limited
    		Oil & Gas3.36
    Infosys Limited
    		IT2.2
    Bharti Airtel Limited
    		Telecom1.81
    Larsen & Toubro Limited
    		Construction & Infrastructure1.59
    ITC Limited
    		FMCG1.48
    Tata Consultancy Services Limited
    		IT1.43
    Max Healthcare Institute Limited
    		Healthcare1.29
    Clearing Corporation of India Limited
    		1.26

    Fund Overview Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund - Growth - Direct Plan

    Launch Date
    		08 Nov 2023
    Benchmark
    		NIFTY LargeMidcap 250 - TRI
    Performance comparison Benchmark#
    		NIFTY 500
    Riskometer
    		Very High
    Turnover
    		0.01%
    Type
    		Open ended scheme
    Return Since Launch
    		18.46%
    Min. Investment
    		500.00
    Min. Additional investment Min. Add. inv.
    		500.00
    Min. SIP
    		500.00
    Min. Cheques
    		1
    Min. Withdrawal
    		1.00
    Exit Load
    		0.00%
    Remark
    		Nil
    PortfolioCompare

    FAQ : Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund - Growth - Direct Plan

    Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

    1 Year 3 Year 5 Year 9 Year
    CAGR(%) 7.4 N/A N/A N/A
    Average Rolling Returns(%) 12.93 N/A N/A N/A

    The Current NAV of Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund - Growth - Direct Plan is ₹12.82.

    It is better to invest in a fund with a longer track record as Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. However, funds returns unlikely to be different than its benchmark NIFTY 500, as the Funds portfolio is similar to its benchmark.

    Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund - Growth - Direct Plan fund’s expense ratio is 0.27%

    The process for redemption is

    • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
    • You will get information about the redemption and the NAV at which redeemed.
    • The amount will be deposited in the designated bank account.

    The AUM of Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund - Growth - Direct Plan is currently ₹177 Crores.

    The Top three stocks are HDFC Bank, ICICI Bank and Reliance Industries and account for 12% of its portfolio. Top 5 and 10 stocks of fund account for 16% and 24% of fund’s portfolio respectively.

    Top three sectors of Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund - Growth - Direct Plan fund are BFSI, IT and Construction & Infrastructure accounting for 47% of the total portfolio.

    Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

    The category of Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund - Growth - Direct Plan Fund is Equity - ELSS.

    Kedarnath Mirajkar manages the Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund - Growth - Direct Plan Fund.

    Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund - Growth - Direct Plan current PE ratio is 42.76 and PB ratio is 7.32

    The asset allocation of Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund - Growth - Direct Plan is Stocks : 100.06%, Debt : 0.03% and Gold : 0%

    The minimum SIP amount for Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹500.00

    The exit load for Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund - Growth - Direct Plan is Nil

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    Name: Shrikant Jagtap
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    Name: Mukta Vaze
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    Mobile No:+91 98609 19463
    Principal Officer:
    Name: Atharva Bhide
    Email : atharva.bhide@moneyworks4me.com
    Mobile No:+91 91758 99463
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