HDFC Large & Mid Cap Fund vs Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
HDFC Large & Mid Cap Fund is a Large & Mid Cap fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund is an Index fund. In the year to 30-10-2026, HDFC Large & Mid Cap Fund (Direct) returned −7.0% and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) returned −6.2%. HDFC Large & Mid Cap Fund charges 0.92% a year and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund 0.36% (Direct plans). Their portfolios overlap 59.0%: they hold 157 of the same securities.
HDFC Large & Mid Cap Fund
Large & Mid Cap
- 1 year return
- −7.0%
- Expense ratio
- 0.92%
- NAV
- ₹344.94
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund
Index
- 1 year return
- −6.2%
- Expense ratio
- 0.36%
- NAV
- ₹13.49
Which is better, HDFC Large & Mid Cap or Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index returned more over 1 year: −6.2% against −7.0%.
- Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index costs less: 0.36% a year against 0.92% (Direct plans).
- HDFC Large & Mid Cap fell less in its worst fall since 10-11-2023: −18.7% against −18.7%.
- HDFC Large & Mid Cap is the larger fund: ₹28,543 Cr against ₹280 Cr.
- Their portfolios overlap 59.0%: 157 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | HDFC Large & Mid Cap Fund | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund |
|---|---|---|
| Fund house | HDFC Mutual Fund | Zerodha Mutual Fund |
| Category | Large & Mid Cap | Index |
| AUM | ₹28,543 Cr (30-09-2026) | ₹280 Cr (30-09-2026) |
| NAV | ₹344.94 (Direct) | ₹13.49 (Direct) |
| Expense ratio (Direct) | 0.92% | 0.36% |
| Expense ratio (Regular) | 1.61% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty LargeMidcap 250 TRI | Nifty LargeMidcap 250 TRI |
| Launch date | 18-02-1994 | 08-11-2023 |
| Minimum investment | ₹100 | ₹500 |
| Lock in | None | None |
| Fund managers | Gopal Agarwal, Gopal Agrawal, Bhagyesh Kagalkar | Kedarnath Mirajkar |
| Exit load | In respect of each purchase/ switch-in of units, an Exit Load of 1.00% is payable if Units are redeemed/switched-out within 1 year from the date of allotment. No Exit Load is payable if Units are redeemed/ switched-out after 1 year from the date of allotment. | Nil |
HDFC Large & Mid Cap vs Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| HDFC Large & Mid Cap Fund (Direct) | −1.74% | −6.65% | −1.59% | −6.99% | +12.06% | +12.31% | +14.05% |
| Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) | −1.30% | −6.82% | −3.24% | −6.16% | -- | -- | -- |
| Large & Mid Cap average | −1.78% | −5.20% | −0.43% | −3.99% | +13.28% | +11.36% | +13.62% |
Category average: the average of the 36 Large & Mid Cap funds, same plan type.
HDFC Large & Mid Cap vs Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index: Year-wise Returns
| Year | HDFC Large & Mid CapHDFC Large & Mid Cap | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 IndexZerodha ELSS Tax Saver Nifty LargeMidcap 250 Index | NIFTY LargeMidcap 250 TRI |
|---|---|---|---|
| 2026to date | −6.39% | −6.81% | −7.09% |
| 2025 | +6.89% | +8.44% | +8.19% |
| 2024 | +20.42% | +18.59% | +18.68% |
| 2023 | +38.87% | -- | +32.66% |
| 2022 | +9.05% | -- | +4.48% |
| 2021 | +43.96% | -- | +37.04% |
HDFC Large & Mid Cap vs Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index: Rolling Returns
Every holding period of both funds, against NIFTY LargeMidcap 250 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 485 of them, one for each trading day from 11-11-2024 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
HDFC Large & Mid Cap Fund (Direct)
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct)
NIFTY LargeMidcap 250 TRI
to
Jan 2025May 2024
to
May 2025Sept 2024
to
Sept 2025Jan 2025
to
Jan 2026May 2025
to
May 2026Sept 2025
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HDFC Large & Mid Cap | 15.7 | 32.4 | 28.5 | 12.4 | 3.5 | 2.7 | 4.9 | 6.6% | 5.5% | −8.4% | 35.9% | 42% |
| Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index | 13.8 | 32.2 | 29.1 | 13.4 | 4.7 | 1.9 | 4.9 | 7.0% | 5.8% | −7.7% | 33.4% | 88% |
| NIFTY LargeMidcap 250 TRI | 15.7 | 31.1 | 30.5 | 11.1 | 4.7 | 1.9 | 4.9 | 6.8% | 5.6% | −8.0% | 33.7% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is NIFTY LargeMidcap 250 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 10-11-2023. Past returns do not promise future returns.
HDFC Large & Mid Cap vs Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-11-2023 to 30-10-2026: 36 instalments, ₹3,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| HDFC Large & Mid CapHDFC Large & Mid Cap Fund (Direct) | ₹3,60,000 | ₹3,70,676 | ₹10,676 | 1.9% |
| Zerodha ELSS Tax Saver Nifty LargeMidcap 250 IndexZerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) | ₹3,60,000 | ₹3,70,310 | ₹10,310 | 1.8% |
HDFC Large & Mid CapHDFC Large & Mid Cap Fund (Direct)
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 IndexZerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
HDFC Large & Mid Cap vs Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HDFC Large & Mid Cap Fund (Direct) | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −6.99% | −6.16% |
| Standard deviation | 15.08% | 14.85% |
| Sharpe ratio | -0.81 | -0.77 |
| Sortino ratio | -1.08 | -1.02 |
| Maximum drawdown | −15.1% (31-03-2026) | −14.3% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.47% | +0.31% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | HDFC Large & Mid Cap Fund (Direct) | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.34% | +10.56% |
| Standard deviation | 16.43% | 14.89% |
| Sharpe ratio | 0.40 | 0.31 |
| Sortino ratio | 0.54 | 0.41 |
| Maximum drawdown | −39.5% (23-03-2020) | −18.7% (28-02-2025) |
| Beta | -- | 1.00 |
| Alpha | -- | +0.12% |
From daily NAVs, 30-06-2014 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
HDFC Large & Mid Cap Fund (Direct)
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct)
NIFTY LargeMidcap 250 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HDFC Large & Mid Cap Fund (Direct) | −18.7% | 27-09-2024 | 28-02-2025 | 02-01-2026 | 10 months | −8.4% |
| Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) | −18.7% | 26-09-2024 | 28-02-2025 | 17-11-2025 | 9 months | −8.6% |
| NIFTY LargeMidcap 250 TRI | −18.8% | 26-09-2024 | 28-02-2025 | 17-11-2025 | 9 months | −8.6% |
From daily values since 10-11-2023, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
HDFC Large & Mid Cap Fund (Direct)
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct)
NIFTY LargeMidcap 250 TRI
Against NIFTY LargeMidcap 250 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| HDFC Large & Mid Cap Fund (Direct) | 102% | 101% | 1.75% |
| Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) | 100% | 100% | 0.09% |
From month-end values since 10-11-2023. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
HDFC Large & Mid Cap vs Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC Large & Mid Cap Fund, September 2026; Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund, September 2026
Holdings in common
- Overlap
- 59.0%
- Held by both
- 157
- Only in HDFC Large & Mid Cap
- 83
- Only in Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index
- 93
| Security | % of HDFC Large & Mid Cap | % of Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index |
|---|---|---|
| ICICI Bank Ltd. | 3.66% | 3.68% |
| HDFC Bank Ltd. | 3.64% | 4.22% |
| Bharti Airtel Ltd. | 1.79% | 2.08% |
| Reliance Industries Ltd. | 1.42% | 3.08% |
| State Bank of India | 1.42% | 1.54% |
| Axis Bank Ltd. | 1.95% | 1.37% |
| Kotak Mahindra Bank Limited | 1.23% | 1.19% |
| Infosys Limited | 1.04% | 1.36% |
| Larsen and Toubro Ltd. | 0.96% | 1.71% |
| Eternal Limited | 1.16% | 0.90% |
| Bajaj Finance Ltd. | 0.86% | 1.02% |
| Indian Hotels Company Ltd. | 0.85% | 0.79% |
| Coforge Limited | 0.85% | 0.75% |
| Indusind Bank Ltd. | 1.19% | 0.73% |
| Persistent Systems Limited | 0.73% | 0.71% |
| Sun Pharmaceutical Industries Ltd. | 0.71% | 0.75% |
| Au Small Finance Bank Ltd. | 0.69% | 0.72% |
| Bharat Forge Ltd. | 0.91% | 0.66% |
| Lupin Ltd. | 1.00% | 0.61% |
| Maruti Suzuki India Limited | 1.23% | 0.60% |
| IDFC First Bank Limited | 0.60% | 0.67% |
| Tata Consultancy Services Ltd. | 0.60% | 0.81% |
| NTPC Limited | 0.79% | 0.59% |
| Aurobindo Pharma Ltd. | 1.27% | 0.57% |
| The Federal Bank Ltd. | 0.57% | 0.97% |
| Tata Steel Ltd. | 0.56% | 0.59% |
| Bharat Electronics Ltd. | 0.68% | 0.54% |
| Fsn Ecommerce Ventures Limited (Nykaa) | 0.60% | 0.54% |
| Ashok Leyland Ltd | 0.54% | 0.54% |
| Shriram Finance Ltd. | 1.11% | 0.53% |
| Hindalco Industries Ltd. | 0.79% | 0.53% |
| HCL Technologies Ltd. | 0.84% | 0.50% |
| Fortis Healthcare Limited | 1.28% | 0.49% |
| Hindustan Unilever Ltd. | 0.49% | 0.65% |
| Divis Laboratories Ltd. | 0.79% | 0.46% |
| Max Financial Services Ltd. | 1.25% | 0.45% |
| InterGlobe Aviation Ltd. | 0.85% | 0.44% |
| SRF Ltd. | 0.54% | 0.44% |
| Hero MotoCorp Ltd. | 0.44% | 0.84% |
| Glenmark Pharmaceuticals Ltd. | 0.86% | 0.43% |
| Swiggy Limited | 0.42% | 0.46% |
| ICICI Lombard General Insurance Co | 0.42% | 0.48% |
| Hindustan Petroleum Corp. Ltd. | 0.90% | 0.41% |
| Aditya Birla Capital ltd. | 0.50% | 0.40% |
| Eicher Motors Ltd. | 0.87% | 0.38% |
| Alkem Laboratories Ltd. | 0.82% | 0.38% |
| Tech Mahindra Ltd. | 0.43% | 0.38% |
| Mahindra & Mahindra Ltd. | 0.37% | 1.02% |
| MphasiS Limited. | 1.16% | 0.35% |
| Indian Bank | 0.55% | 0.35% |
| Embassy Office Parks REIT | 0.35% | 0.47% |
| ITC LIMITED | 0.35% | 0.98% |
| Power Grid Corporation of India Ltd. | 0.35% | 0.46% |
| Hindustan Aeronautics Limited | 0.65% | 0.34% |
| Trent Ltd. | 0.50% | 0.34% |
| Tata Motors Limited | 0.38% | 0.34% |
| Vishal Mega Mart Limited | 0.34% | 0.35% |
| The Phoenix Mills Limited | 0.34% | 0.44% |
| Ipca Laboratories Ltd. | 0.95% | 0.33% |
| Steel Authority Of India Ltd. | 0.55% | 0.32% |
| Biocon Ltd. | 0.39% | 0.32% |
| Prestige Estates Projects Ltd. | 1.30% | 0.31% |
| Oracle Financial Ser Software Ltd. | 0.36% | 0.31% |
| SBI Life Insurance Company Ltd. | 0.56% | 0.30% |
| Voltas Ltd. | 0.44% | 0.30% |
| Bombay Stock Exchange Limited (BSE) | 0.30% | 0.49% |
| Cipla Ltd. | 0.45% | 0.29% |
| Suzlon Energy Ltd | 0.29% | 0.59% |
| L&T Finance Ltd. | 0.69% | 0.28% |
| Dabur India Ltd. | 0.30% | 0.28% |
| Oil & Natural Gas Corporation Ltd. | 0.28% | 0.34% |
| UltraTech Cement Limited | 0.28% | 0.50% |
| Torrent Pharmaceuticals Ltd. | 0.57% | 0.27% |
| Max Healthcare Institute Limited | 0.49% | 0.27% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.40% | 0.27% |
| Oil India Limited | 0.27% | 0.30% |
| PB Fintech Limited | 0.27% | 0.46% |
| Mahindra & Mahindra Financial Services Ltd. | 1.12% | 0.26% |
| Coromandel International Limited | 0.36% | 0.26% |
| Oberoi Realty Ltd. | 0.29% | 0.26% |
| UPL Ltd. | 0.26% | 0.37% |
| NHPC Ltd. | 0.26% | 0.34% |
| Asian Paints Limited | 0.25% | 0.42% |
| Blue Star Ltd. | 0.44% | 0.24% |
| Tata Communications Limited | 0.43% | 0.24% |
| Tata Consumer Products Limited | 0.41% | 0.24% |
| Bharat Petroleum Corporation Ltd. | 0.38% | 0.24% |
| Avenue Supermarts Ltd. | 0.27% | 0.24% |
| United Spirits Limited | 0.24% | 0.49% |
| Aster DM Quality Care Limited | 0.55% | 0.23% |
| GUJARAT FLUOROCHEMICALS LIMITED | 0.26% | 0.23% |
| Tata Motors Passenger Vehicles Limited | 0.26% | 0.23% |
| Dr Reddys Laboratories Ltd. | 0.22% | 0.29% |
| HDFC Life Insurance Company Limited | 0.22% | 0.22% |
| Balkrishna Industries Ltd. | 0.83% | 0.21% |
| Ajanta Pharma Limited | 1.14% | 0.20% |
| LIC Housing Finance Ltd. | 0.84% | 0.20% |
| INFO EDGE (INDIA) LIMITED | 0.20% | 0.58% |
| Jubilant Foodworks Limited | 0.20% | 0.22% |
| Solar Industries India Ltd. | 0.77% | 0.19% |
| Motilal Oswal Financial Services Ltd. | 0.65% | 0.19% |
| SBI CARDS AND PAYMENT SERVICES LIMITED | 0.19% | 0.21% |
| Supreme Industries Ltd. | 0.19% | 0.27% |
| Samvardhana Motherson International Ltd. | 0.19% | 0.28% |
| Power Finance Corporation Ltd. | 0.40% | 0.18% |
| GAIL (India) Ltd. | 0.28% | 0.18% |
| AIA Engineering Ltd. | 0.23% | 0.18% |
| Bharat Heavy Electricals Ltd. | 0.18% | 0.75% |
| ICICI Prudential Life Insurance Company Ltd. | 0.18% | 0.22% |
| Adani Energy Solutions Limited | 0.69% | 0.17% |
| Bank of Baroda | 0.40% | 0.17% |
| Bank of India | 0.17% | 0.19% |
| JSW Energy Ltd. | 0.17% | 0.37% |
| TVS Motor Company Ltd. | 0.17% | 0.37% |
| Jindal Steel Limited. | 0.76% | 0.16% |
| Bosch Limited | 0.50% | 0.16% |
| Exide Industries Ltd. | 0.16% | 0.23% |
| PI Industries Ltd. | 0.16% | 0.23% |
| Page Industries Ltd | 0.16% | 0.28% |
| LTM Limited | 0.18% | 0.15% |
| Havells India Ltd. | 0.15% | 0.31% |
| Nippon Life India Asset Management Limited | 0.15% | 0.24% |
| VODAFONE IDEA LIMITED | 0.24% | 0.14% |
| REC Limited. | 0.14% | 0.46% |
| Tube Investments of India Ltd. | 0.14% | 0.31% |
| Union Bank of India | 0.20% | 0.13% |
| 360 ONE WAM LIMITED | 0.13% | 0.33% |
| Godrej Properties Ltd. | 0.13% | 0.27% |
| One 97 Communications Limited | 0.13% | 0.89% |
| Endurance Technologies Ltd. | 0.37% | 0.12% |
| NLC India Ltd. | 0.18% | 0.12% |
| Canara Bank | 0.12% | 0.16% |
| Lodha Developers Limited | 0.12% | 0.41% |
| ESCORTS KUBOTA LIMITED | 0.79% | 0.11% |
| Hyundai Motor India Limited | 0.38% | 0.11% |
| Zydus Lifesciences Limited | 0.14% | 0.11% |
| Godfrey Phillips India Ltd. | 0.29% | 0.10% |
| GE Vernova T&D India Limited | 0.10% | 0.64% |
| Ambuja Cements Ltd. | 0.65% | 0.09% |
| L&T Technology Services Ltd. | 0.09% | 0.11% |
| Container Corporation of India Ltd. | 0.09% | 0.19% |
| Waaree Energies Limited | 0.08% | 0.28% |
| Life Insurance Corporation of India | 0.07% | 0.62% |
| United Breweries Ltd. | 0.07% | 0.10% |
| JK Cement Limited | 0.07% | 0.26% |
| CG Power and Industrial Solutions Ltd. | 0.06% | 0.23% |
| Hexaware Technologies Ltd. | 0.06% | 0.09% |
| Bajaj Housing Finance Ltd. | 0.06% | 0.11% |
| KEI Industries Ltd. | 0.06% | 0.34% |
| JSW Infrastructure Limited | 0.05% | 0.26% |
| Dixon Technologies (India) Ltd. | 0.05% | 0.67% |
| Billionbrains Garage Ventures Limited (Groww) | 0.04% | 0.32% |
| Titan Company Ltd. | 0.03% | 0.74% |
| Indian Railway Catering And Tourism Corp Ltd | 0.02% | 0.17% |
| ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LIMITED | 0.02% | 0.23% |
| ITC Hotels Limited | 0.02% | 0.23% |
| Godrej Consumer Products Ltd. | 0.01% | 0.13% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 59.0% means 59.0% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in HDFC Large & Mid Cap Fund
| Security | % of fund |
|---|---|
| Gland Pharma Ltd. | 1.42% |
| Avalon Technologies Limited | 0.72% |
| KAYNES TECHNOLOGY INDIA LIMITED | 0.72% |
| Bandhan Bank Ltd. | 0.58% |
| Redington Ltd. | 0.56% |
Largest holdings only in Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund
| Security | % of fund |
|---|---|
| Multi Commodity Exchange of India Limited | 1.04% |
| Laurus Labs Limited | 0.95% |
| Lenskart Solutions Limited | 0.62% |
| Indus Towers Limited | 0.59% |
| Adani Ports and Special Economic Zone Limited | 0.55% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HDFC Large & Mid Cap | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index |
|---|---|---|
| Equity | 99.0% | 99.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.0% | 0.4% |
Market cap of stocks
| Market cap | HDFC Large & Mid Cap | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index |
|---|---|---|
| Large Cap | 43.5% | 52.0% |
| Mid Cap | 38.7% | 46.3% |
| Small Cap | 16.8% | 1.3% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | HDFC Large & Mid Cap | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index |
|---|---|---|
| Banks | 17.0% | 16.9% |
| Pharmaceuticals & Biotechnology | 11.9% | 6.7% |
| Finance | 7.9% | 6.5% |
| IT - Software | 6.3% | 5.6% |
| Auto Components | 4.5% | 2.7% |
| Retailing | 3.6% | 4.3% |
| Automobiles | 3.7% | 4.0% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC Large & Mid Cap vs Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC Large & Mid Cap Fund | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.92% | 0.36% |
| Base expense ratio (Direct) | 0.77% | 0.25% |
| Total expense ratio (Regular) | 1.61% | Not available |
| Base expense ratio (Regular) | 1.36% | 0.00% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
HDFC Large & Mid Cap Fund vs Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund: Frequently Asked Questions
What is the difference between HDFC Large & Mid Cap Fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund?
HDFC Large & Mid Cap Fund is a Large & Mid Cap fund, Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund is an Index fund, run by HDFC Mutual Fund and Zerodha Mutual Fund. Their portfolios overlap 59.0%. HDFC Large & Mid Cap Fund charges 0.92% a year and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund 0.36%.
Which has given higher returns, HDFC Large & Mid Cap Fund or Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund?
Over 1 year: HDFC Large & Mid Cap Fund −6.99%, Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund −6.16%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, HDFC Large & Mid Cap Fund or Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund?
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund charges less: 0.36% a year against 0.92%. These are the Direct plans' total expense ratios reported to AMFI.
How much do HDFC Large & Mid Cap Fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund overlap?
59.0%. They hold 157 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, HDFC Large & Mid Cap Fund or Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund?
On SEBI's riskometer, HDFC Large & Mid Cap Fund is rated Very High and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Very High. Over 1 years, the standard deviation of daily returns was 15.08% and 14.85% a year.
Can I invest in both HDFC Large & Mid Cap Fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund?
Yes. 59.0% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages HDFC Large & Mid Cap Fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund?
HDFC Large & Mid Cap Fund: Gopal Agarwal, Gopal Agrawal, Bhagyesh Kagalkar. Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund: Kedarnath Mirajkar.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.