Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 12.17 as on 15-05-2024
About the Fund
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 ₹81 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Fund Performance
2828 people have invested ₹ 1.5Cr in Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth in the last three months
Overview
 | 0.25% |
 Benchmark | NIFTY LargeMidcap 250 TRI TR IDR |
 | ₹81 Cr |
 | 8 November, 2023 |
 | ₹500/₹500 |
 | 0% |
 | 3 Years |
 TurnOver | 0% |
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth Distribution as on (30-Apr-24)
Size breakup
Large cap
50.3%
Mid cap
46.8%
Small cap
3.2%
Sector Allocation
Financial Services
25.9%
Industrial
14.3%
Consumer Cyclical
11.2%
Basic Materials
10.1%
Tech
8.7%
Health
7.4%
Energy
6.9%
Consumer Defensive
5.5%
Utilities
4.5%
Communication
2.8%
Real Estate
2.5%
Top Holdings of Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth as on (30-Apr-24)
Equity Holdings251
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 ICICI Bank Ltd | 4.6% |
Voltas Ltd | 1.4% |
Top Losers | 1M Return |
|---|---|
 Persistent Systems Ltd | -14.1% |
 Larsen & Toubro Ltd | -8.5% |
 Infosys Ltd | -3% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 4.30% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
- This fund outperformed Nifty 500 by 1.83% in Apr'24
AUM Change
- AUM of the fund stands at 70.5 Cr as of Apr'24
- AUM increased by 15.5 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Peer Analysis
Zerodha ELSS Tax Saver 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 returns of 21.12% since inception (08nd Nov 2023)
Fund Allocations
This fund has an allocation of 100.32% in Equity, 0% in Debt and -0.32% in Cash related instruments
AUM size ₹81 Cr
This fund has AUM of ₹81 Cr which is less than its category average of ₹ 3661 Cr
Expense Ratio 0.25%
This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 1.48%
Frequently Asked Questions
The current NAV of Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth is ₹12.17 as on 15-May-2024.
Existing (Absolute + CAGR) as on 15-May-2024.
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.21% | 0.21% |
6 Month Returns | 20.52% | 20.52% |
1 Year Returns | 0% | 0% |
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.
0.25% as on April 2024
₹81 Cr as on April 2024
HDFC Bank Ltd(4.54%), Reliance Industries Ltd(3.94%), ICICI Bank Ltd(3.21%), Infosys Ltd(2.01%), Larsen & Toubro Ltd(1.69%) as on April 2024
Financial Services(26.03%), Industrial(14.3%), Consumer Cyclical(11.27%) as on April 2024
The alpha ratio for the Zerodha ELSS Tax Saver 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 ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth | - | - | - |
As on April 2024
The alpha for Zerodha ELSS Tax Saver 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 ELSS Tax Saver 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 ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth | - | - | - |
As on April 2024
The Beta for Zerodha ELSS Tax Saver 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 ELSS Tax Saver 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 ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth | - | - | - |
As on April 2024
The sharpe ratio for Zerodha ELSS Tax Saver 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 ELSS Tax Saver 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 ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth | - | - | - |
As on April 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 ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth is 0%