HDFC Nifty LargeMidcap 250 Index Fund vs Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
HDFC Nifty LargeMidcap 250 Index Fund is an Index fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund is an Index fund. In the year to 30-10-2026, HDFC Nifty LargeMidcap 250 Index Fund (Direct) returned −6.7% and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) returned −6.2%. HDFC Nifty LargeMidcap 250 Index Fund charges 0.27% a year and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund 0.36% (Direct plans). Their portfolios overlap 99.2%: they hold 250 of the same securities.
HDFC Nifty LargeMidcap 250 Index Fund
Index
- 1 year return
- −6.7%
- Expense ratio
- 0.27%
- NAV
- ₹9.52
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 Nifty LargeMidcap 250 Index 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 −6.7%.
- HDFC Nifty LargeMidcap 250 Index costs less: 0.27% a year against 0.36% (Direct plans).
- Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index fell less in its worst fall since 09-10-2024: −16.6% against −16.8%.
- HDFC Nifty LargeMidcap 250 Index is the larger fund: ₹456 Cr against ₹280 Cr.
- Their portfolios overlap 99.2%: 250 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 Nifty LargeMidcap 250 Index Fund | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund |
|---|---|---|
| Fund house | HDFC Mutual Fund | Zerodha Mutual Fund |
| Category | Index | Index |
| AUM | ₹456 Cr (30-09-2026) | ₹280 Cr (30-09-2026) |
| NAV | ₹9.52 (Direct) | ₹13.49 (Direct) |
| Expense ratio (Direct) | 0.27% | 0.36% |
| Expense ratio (Regular) | 0.73% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty LargeMidcap 250 TRI | Nifty LargeMidcap 250 TRI |
| Launch date | 09-10-2024 | 08-11-2023 |
| Minimum investment | ₹100 | ₹500 |
| Lock in | None | None |
| Fund managers | Nandita Menezes, Arun Agarwal | Kedarnath Mirajkar |
| Exit load | NIL | Nil |
HDFC Nifty LargeMidcap 250 Index 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 Nifty LargeMidcap 250 Index Fund (Direct) | −1.34% | −6.92% | −3.52% | −6.73% | -- | -- | -- |
| Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) | −1.30% | −6.82% | −3.24% | −6.16% | -- | -- | -- |
HDFC Nifty LargeMidcap 250 Index vs Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index: Year-wise Returns
| Year | HDFCHDFC Nifty LargeMidcap 250 Index | Zerodha ELSS Tax SaverZerodha ELSS Tax Saver Nifty LargeMidcap 250 Index | NIFTY LargeMidcap 250 TRI |
|---|---|---|---|
| 2026to date | −7.30% | −6.81% | −7.09% |
| 2025 | +7.85% | +8.44% | +8.19% |
| 2024 | -- | +18.59% | +18.68% |
HDFC Nifty LargeMidcap 250 Index 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, 259 of them, one for each trading day from 09-10-2025 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 Nifty LargeMidcap 250 Index Fund (Direct)
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct)
NIFTY LargeMidcap 250 TRI
to
Nov 2025Jan 2025
to
Jan 2026Mar 2025
to
Mar 2026May 2025
to
May 2026Jul 2025
to
Jul 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 Nifty LargeMidcap 250 Index | 15.4 | 35.9 | 31.7 | 12.4 | 4.6 | 0.0 | 0.0 | 5.1% | 4.8% | −8.2% | 18.0% | 0% |
| Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index | 11.2 | 36.3 | 32.4 | 14.3 | 5.8 | 0.0 | 0.0 | 5.7% | 5.4% | −7.7% | 18.6% | 100% |
| NIFTY LargeMidcap 250 TRI | 13.5 | 35.5 | 33.2 | 12.0 | 5.8 | 0.0 | 0.0 | 5.5% | 5.1% | −8.0% | 18.3% | -- |
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 09-10-2024. Past returns do not promise future returns.
HDFC Nifty LargeMidcap 250 Index 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 09-10-2024 to 30-10-2026: 25 instalments, ₹2,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| HDFC Nifty LargeMidcap 250 IndexHDFC Nifty LargeMidcap 250 Index Fund (Direct) | ₹2,50,000 | ₹2,45,472 | −₹4,528 | −1.7% |
| Zerodha ELSS Tax Saver Nifty LargeMidcap 250 IndexZerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) | ₹2,50,000 | ₹2,46,801 | −₹3,199 | −1.2% |
HDFC Nifty LargeMidcap 250 IndexHDFC Nifty LargeMidcap 250 Index 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 Nifty LargeMidcap 250 Index 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 Nifty LargeMidcap 250 Index Fund (Direct) | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −6.73% | −6.16% |
| Standard deviation | 14.84% | 14.85% |
| Sharpe ratio | -0.81 | -0.77 |
| Sortino ratio | -1.07 | -1.02 |
| Maximum drawdown | −14.4% (30-03-2026) | −14.3% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.27% | +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 Nifty LargeMidcap 250 Index Fund (Direct) | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.36% | +10.56% |
| Standard deviation | 14.68% | 14.89% |
| Sharpe ratio | -0.55 | 0.31 |
| Sortino ratio | -0.73 | 0.41 |
| Maximum drawdown | −16.8% (28-02-2025) | −18.7% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.31% | +0.12% |
From daily NAVs, 09-10-2024 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 Nifty LargeMidcap 250 Index 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 Nifty LargeMidcap 250 Index Fund (Direct) | −16.8% | 15-10-2024 | 28-02-2025 | 30-06-2025 | 4 months | −8.7% |
| Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) | −16.6% | 15-10-2024 | 28-02-2025 | 27-06-2025 | 4 months | −8.6% |
| NIFTY LargeMidcap 250 TRI | −16.6% | 15-10-2024 | 28-02-2025 | 27-06-2025 | 4 months | −8.6% |
From daily values since 09-10-2024, 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 Nifty LargeMidcap 250 Index 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 Nifty LargeMidcap 250 Index Fund (Direct) | 99% | 101% | 0.04% |
| Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) | 101% | 100% | 0.04% |
From month-end values since 09-10-2024. 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 Nifty LargeMidcap 250 Index vs Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC Nifty LargeMidcap 250 Index Fund, September 2026; Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund, September 2026
Holdings in common
- Overlap
- 99.2%
- Held by both
- 250
- Only in HDFC Nifty LargeMidcap 250 Index
- 0
- Only in Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index
- 0
| Security | % of HDFC Nifty LargeMidcap 250 Index | % of Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index |
|---|---|---|
| HDFC Bank Ltd. | 4.16% | 4.22% |
| ICICI Bank Ltd. | 3.63% | 3.68% |
| Reliance Industries Ltd. | 3.08% | 3.08% |
| Bharti Airtel Ltd. | 2.05% | 2.08% |
| Larsen and Toubro Ltd. | 1.69% | 1.71% |
| State Bank of India | 1.54% | 1.54% |
| Infosys Limited | 1.35% | 1.36% |
| Axis Bank Ltd. | 1.35% | 1.37% |
| Kotak Mahindra Bank Limited | 1.18% | 1.19% |
| Bajaj Finance Ltd. | 1.02% | 1.02% |
| Multi Commodity Exchange of India L | 1.02% | 1.04% |
| Mahindra & Mahindra Ltd. | 1.01% | 1.02% |
| ITC LIMITED | 0.97% | 0.98% |
| The Federal Bank Ltd. | 0.95% | 0.97% |
| Laurus Labs Ltd. | 0.94% | 0.95% |
| Eternal Limited | 0.89% | 0.90% |
| One 97 Communications Limited | 0.88% | 0.89% |
| Hero MotoCorp Ltd. | 0.84% | 0.84% |
| Tata Consultancy Services Ltd. | 0.80% | 0.81% |
| Indian Hotels Company Ltd. | 0.78% | 0.79% |
| Sun Pharmaceutical Industries Ltd. | 0.74% | 0.75% |
| Bharat Heavy Electricals Ltd. | 0.74% | 0.75% |
| Coforge Limited | 0.74% | 0.75% |
| Indusind Bank Ltd. | 0.73% | 0.73% |
| Titan Company Ltd. | 0.73% | 0.74% |
| Persistent Systems Limited | 0.71% | 0.71% |
| Au Small Finance Bank Ltd. | 0.71% | 0.72% |
| IDFC First Bank Limited | 0.66% | 0.67% |
| Bharat Forge Ltd. | 0.66% | 0.66% |
| Dixon Technologies (India) Ltd. | 0.66% | 0.67% |
| Hindustan Unilever Ltd. | 0.64% | 0.65% |
| GE Vernova T&D India Limited | 0.64% | 0.64% |
| LENSKART SOLUTIONS LIMITED | 0.62% | 0.62% |
| Life Insurance Corporation of India | 0.61% | 0.62% |
| Lupin Ltd. | 0.60% | 0.61% |
| Maruti Suzuki India Limited | 0.60% | 0.60% |
| Suzlon Energy Ltd | 0.59% | 0.59% |
| Tata Steel Ltd. | 0.59% | 0.59% |
| NTPC Limited | 0.59% | 0.59% |
| Indus Towers Limited | 0.58% | 0.59% |
| INFO EDGE (INDIA) LIMITED | 0.58% | 0.58% |
| Aurobindo Pharma Ltd. | 0.56% | 0.57% |
| Ashok Leyland Ltd | 0.54% | 0.54% |
| Adani Ports & Special Economic Zone | 0.54% | 0.55% |
| Bharat Electronics Ltd. | 0.53% | 0.54% |
| Fsn Ecommerce Ventures Limited (Nykaa) | 0.53% | 0.54% |
| Shriram Finance Ltd. | 0.53% | 0.53% |
| Hindalco Industries Ltd. | 0.52% | 0.53% |
| Marico Ltd. | 0.51% | 0.51% |
| UltraTech Cement Limited | 0.50% | 0.50% |
| HCL Technologies Ltd. | 0.50% | 0.50% |
| Fortis Healthcare Limited | 0.49% | 0.49% |
| APL Apollo Tubes Ltd. | 0.49% | 0.49% |
| United Spirits Limited | 0.49% | 0.49% |
| Bombay Stock Exchange Limited (BSE) | 0.48% | 0.49% |
| Embassy Office Parks REIT | 0.47% | 0.47% |
| ICICI Lombard General Insurance Co | 0.47% | 0.48% |
| Swiggy Limited | 0.46% | 0.46% |
| JSW Steel Ltd. | 0.46% | 0.47% |
| Divis Laboratories Ltd. | 0.46% | 0.46% |
| PB Fintech Limited | 0.46% | 0.46% |
| REC Limited. | 0.45% | 0.46% |
| Yes Bank Ltd. | 0.45% | 0.45% |
| Power Grid Corporation of India Ltd. | 0.45% | 0.46% |
| Bajaj Auto Limited | 0.45% | 0.46% |
| Grasim Industries Ltd. | 0.44% | 0.45% |
| Max Financial Services Ltd. | 0.44% | 0.45% |
| The Phoenix Mills Limited | 0.44% | 0.44% |
| SRF Ltd. | 0.44% | 0.44% |
| InterGlobe Aviation Ltd. | 0.43% | 0.44% |
| Glenmark Pharmaceuticals Ltd. | 0.43% | 0.43% |
| Asian Paints Limited | 0.42% | 0.42% |
| Radico Khaitan Limited | 0.42% | 0.42% |
| Hindustan Petroleum Corp. Ltd. | 0.41% | 0.41% |
| Lodha Developers Limited | 0.41% | 0.41% |
| Apar Industries Limited | 0.40% | 0.40% |
| GMR Airports Limited | 0.40% | 0.41% |
| Coal India Ltd. | 0.39% | 0.39% |
| Aditya Birla Capital ltd. | 0.39% | 0.40% |
| Bajaj Finserv Ltd. | 0.39% | 0.39% |
| Eicher Motors Ltd. | 0.38% | 0.38% |
| ADANI ENTERPRISES LIMTIED | 0.38% | 0.38% |
| Alkem Laboratories Ltd. | 0.38% | 0.38% |
| JSW Energy Ltd. | 0.37% | 0.37% |
| National Aluminium Co. Ltd. | 0.37% | 0.38% |
| TVS Motor Company Ltd. | 0.37% | 0.37% |
| UPL Ltd. | 0.37% | 0.37% |
| Sundaram Finance Ltd. | 0.37% | 0.37% |
| Tech Mahindra Ltd. | 0.37% | 0.38% |
| Shree Cement Ltd. | 0.36% | 0.37% |
| Nestle India Ltd. | 0.36% | 0.36% |
| MphasiS Limited. | 0.35% | 0.35% |
| Indian Bank | 0.35% | 0.35% |
| Vishal Mega Mart Limited | 0.34% | 0.35% |
| Hindustan Aeronautics Limited | 0.34% | 0.34% |
| Tata Motors Limited | 0.34% | 0.34% |
| Oil & Natural Gas Corporation Ltd. | 0.34% | 0.34% |
| MANKIND PHARMA LIMITED | 0.34% | 0.35% |
| Piramal Finance Ltd. | 0.33% | 0.33% |
| Apollo Hospitals Enterprise Ltd. | 0.33% | 0.33% |
| 360 ONE WAM LIMITED | 0.33% | 0.33% |
| Ipca Laboratories Ltd. | 0.33% | 0.33% |
| Adani Power (Mundra) Limited | 0.33% | 0.33% |
| NHPC Ltd. | 0.33% | 0.34% |
| Trent Ltd. | 0.33% | 0.34% |
| KEI Industries Ltd. | 0.33% | 0.34% |
| Billionbrains Garage Ventures Limited (Groww) | 0.32% | 0.32% |
| Steel Authority Of India Ltd. | 0.32% | 0.32% |
| Lloyds Metals & Energy Ltd. | 0.32% | 0.32% |
| NMDC Limited | 0.32% | 0.33% |
| Havells India Ltd. | 0.31% | 0.31% |
| Biocon Ltd. | 0.31% | 0.32% |
| Oracle Financial Ser Software Ltd. | 0.31% | 0.31% |
| MRF Ltd. | 0.31% | 0.31% |
| Tube Investments of India Ltd. | 0.31% | 0.31% |
| Voltas Ltd. | 0.30% | 0.30% |
| Oil India Limited | 0.30% | 0.30% |
| Prestige Estates Projects Ltd. | 0.30% | 0.31% |
| Cipla Ltd. | 0.29% | 0.29% |
| Dr Reddys Laboratories Ltd. | 0.29% | 0.29% |
| SBI Life Insurance Company Ltd. | 0.29% | 0.30% |
| Jindal Stainless Ltd. | 0.29% | 0.29% |
| Torrent Power Ltd. | 0.29% | 0.29% |
| Colgate-Palmolive ( I ) Ltd. | 0.28% | 0.29% |
| Waaree Energies Limited | 0.28% | 0.28% |
| Page Industries Ltd | 0.28% | 0.28% |
| Samvardhana Motherson International Ltd. | 0.28% | 0.28% |
| Dabur India Ltd. | 0.27% | 0.28% |
| Max Healthcare Institute Limited | 0.27% | 0.27% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.27% | 0.27% |
| Supreme Industries Ltd. | 0.27% | 0.27% |
| Vedanta Aluminium Metal Limited | 0.27% | 0.27% |
| Godrej Properties Ltd. | 0.27% | 0.27% |
| L&T Finance Ltd. | 0.27% | 0.28% |
| Torrent Pharmaceuticals Ltd. | 0.27% | 0.27% |
| Jio Financial Services Limited | 0.27% | 0.28% |
| Meesho Limited | 0.26% | 0.26% |
| Coromandel International Limited | 0.26% | 0.26% |
| Kalyan Jewellers India Ltd | 0.26% | 0.26% |
| Petronet LNG Ltd. | 0.26% | 0.26% |
| UNO Minda Limited | 0.26% | 0.26% |
| Mahindra & Mahindra Financial Services Ltd. | 0.26% | 0.26% |
| JK Cement Limited | 0.26% | 0.26% |
| JSW Infrastructure Limited | 0.26% | 0.26% |
| Oberoi Realty Ltd. | 0.25% | 0.26% |
| Cummins India Ltd. | 0.25% | 0.25% |
| Tata Communications Limited | 0.24% | 0.24% |
| Tata Consumer Products Limited | 0.24% | 0.24% |
| Nippon Life India Asset Management Limited | 0.24% | 0.24% |
| Blue Star Ltd. | 0.24% | 0.24% |
| Bharat Petroleum Corporation Ltd. | 0.23% | 0.24% |
| GUJARAT FLUOROCHEMICALS LIMITED | 0.23% | 0.23% |
| Tata Motors Passenger Vehicles Limited | 0.23% | 0.23% |
| Avenue Supermarts Ltd. | 0.23% | 0.24% |
| Varun Beverages Ltd | 0.23% | 0.23% |
| The Tata Power Company Ltd. | 0.23% | 0.23% |
| Exide Industries Ltd. | 0.23% | 0.23% |
| ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LIMITED | 0.23% | 0.23% |
| ITC Hotels Limited | 0.23% | 0.23% |
| PI Industries Ltd. | 0.23% | 0.23% |
| Aster DM Quality Care Limited | 0.23% | 0.23% |
| CG Power and Industrial Solutions Ltd. | 0.22% | 0.23% |
| Britannia Industries Ltd. | 0.22% | 0.22% |
| LG Electronics India Limited | 0.22% | 0.22% |
| HINDUSTAN COPPER LIMITED | 0.22% | 0.22% |
| Jubilant Foodworks Limited | 0.22% | 0.22% |
| SBI CARDS AND PAYMENT SERVICES LIMITED | 0.21% | 0.21% |
| ICICI Prudential Life Insurance Company Ltd. | 0.21% | 0.22% |
| Balkrishna Industries Ltd. | 0.21% | 0.21% |
| HDFC Life Insurance Company Limited | 0.21% | 0.22% |
| Astral Limited | 0.20% | 0.21% |
| Ajanta Pharma Limited | 0.20% | 0.20% |
| LIC Housing Finance Ltd. | 0.20% | 0.20% |
| ADANI TOTAL GAS LIMITED | 0.20% | 0.20% |
| Bank of Maharashtra | 0.20% | 0.20% |
| Bank of India | 0.19% | 0.19% |
| Container Corporation of India Ltd. | 0.19% | 0.19% |
| Indian Oil Corporation Ltd. | 0.19% | 0.20% |
| Motilal Oswal Financial Services Ltd. | 0.19% | 0.19% |
| Solar Industries India Ltd. | 0.19% | 0.19% |
| Schaeffler India Ltd. | 0.19% | 0.19% |
| Bajaj Holdings & Investment Ltd | 0.18% | 0.18% |
| HDFC Asset Management Company Ltd. | 0.18% | 0.18% |
| GAIL (India) Ltd. | 0.18% | 0.18% |
| Power Finance Corporation Ltd. | 0.18% | 0.18% |
| AUTHUM INVESTMENT & INFRASTRUCTURE LIMITED | 0.18% | 0.18% |
| AIA Engineering Ltd. | 0.18% | 0.18% |
| Bank of Baroda | 0.17% | 0.17% |
| Vedanta Ltd. | 0.17% | 0.18% |
| DLF LIMITED | 0.17% | 0.17% |
| Pidilite Industries Ltd. | 0.17% | 0.18% |
| Indian Railway Catering And Tourism Corp Ltd | 0.17% | 0.17% |
| Abbott India Ltd. | 0.17% | 0.17% |
| Adani Green Energy Limited | 0.17% | 0.17% |
| Polycab India Limited | 0.17% | 0.17% |
| Adani Energy Solutions Limited | 0.17% | 0.17% |
| Dalmia Bharat Ltd. | 0.16% | 0.16% |
| Wipro Ltd. | 0.16% | 0.17% |
| Thermax Ltd. | 0.16% | 0.16% |
| Bosch Limited | 0.16% | 0.16% |
| Berger Paints (I) Ltd | 0.16% | 0.16% |
| Linde India Ltd | 0.16% | 0.16% |
| General Insurance Corporation of India | 0.16% | 0.16% |
| Jindal Steel Limited. | 0.16% | 0.16% |
| HDB Financial Services Ltd. | 0.16% | 0.16% |
| Hitachi Energy India Ltd. | 0.15% | 0.15% |
| Premier Energies Limited | 0.15% | 0.16% |
| Punjab National Bank | 0.15% | 0.15% |
| Narayana Hrudayalaya Limited | 0.15% | 0.15% |
| Global Health Limited | 0.15% | 0.15% |
| Canara Bank | 0.15% | 0.16% |
| Patanjali Foods Limited | 0.15% | 0.15% |
| Cochin Shipyard Ltd. | 0.15% | 0.16% |
| K.P.R. MILL LIMITED | 0.15% | 0.15% |
| ABB India Ltd. | 0.14% | 0.14% |
| GlaxoSmithkline Pharmaceuticals Ltd | 0.14% | 0.14% |
| LTM Limited | 0.14% | 0.15% |
| Rail Vikas Nigam Ltd | 0.14% | 0.14% |
| VODAFONE IDEA LIMITED | 0.14% | 0.14% |
| Siemens Ltd. | 0.13% | 0.13% |
| Crisil Limited | 0.13% | 0.13% |
| Godrej Consumer Products Ltd. | 0.13% | 0.13% |
| Bharti Hexacom Limited | 0.13% | 0.13% |
| Union Bank of India | 0.13% | 0.13% |
| Bharat Dynamics Limited | 0.12% | 0.13% |
| NLC India Ltd. | 0.12% | 0.12% |
| Endurance Technologies Ltd. | 0.12% | 0.12% |
| Zydus Lifesciences Limited | 0.11% | 0.11% |
| L&T Technology Services Ltd. | 0.11% | 0.11% |
| ESCORTS KUBOTA LIMITED | 0.11% | 0.11% |
| Anthem Biosciences Limited | 0.11% | 0.11% |
| NTPC Green Energy Limited | 0.11% | 0.11% |
| Hyundai Motor India Limited | 0.11% | 0.11% |
| Siemens Energy India Limited | 0.11% | 0.11% |
| Indian Renewable Energy Development Agency Limited | 0.11% | 0.11% |
| Bajaj Housing Finance Ltd. | 0.11% | 0.11% |
| Muthoot Finance Ltd. | 0.11% | 0.11% |
| Housing and Urban Development Corporation Ltd. | 0.10% | 0.10% |
| Godfrey Phillips India Ltd. | 0.10% | 0.10% |
| Hindustan Zinc Ltd. | 0.10% | 0.11% |
| Tata Investment Corp Ltd | 0.10% | 0.10% |
| United Breweries Ltd. | 0.10% | 0.10% |
| Ambuja Cements Ltd. | 0.09% | 0.09% |
| Hexaware Technologies Ltd. | 0.09% | 0.09% |
| Indian Railways Finance Corp. Ltd. | 0.07% | 0.07% |
| Tata Capital Ltd. | 0.07% | 0.07% |
| Fertilisers And Chemicals Travancore Limited | 0.06% | 0.06% |
| Godrej Industries Ltd. | 0.06% | 0.06% |
| Mazagon Dock Shipbuilders Ltd | 0.06% | 0.06% |
| Indian Overseas Bank | 0.06% | 0.06% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.2% means 99.2% 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 Nifty LargeMidcap 250 Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HDFC Nifty LargeMidcap 250 Index | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index |
|---|---|---|
| Equity | 98.7% | 99.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.3% | 0.4% |
Market cap of stocks
| Market cap | HDFC Nifty LargeMidcap 250 Index | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index |
|---|---|---|
| Large Cap | 51.5% | 52.0% |
| Mid Cap | 46.0% | 46.3% |
| Small Cap | 1.3% | 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 Nifty LargeMidcap 250 Index | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index |
|---|---|---|
| Banks | 16.8% | 16.9% |
| Pharmaceuticals & Biotechnology | 6.7% | 6.7% |
| Finance | 6.5% | 6.5% |
| IT - Software | 5.5% | 5.6% |
| Retailing | 4.2% | 4.3% |
| Automobiles | 4.0% | 4.0% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC Nifty LargeMidcap 250 Index 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 Nifty LargeMidcap 250 Index Fund | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.27% | 0.36% |
| Base expense ratio (Direct) | 0.18% | 0.25% |
| Total expense ratio (Regular) | 0.73% | Not available |
| Base expense ratio (Regular) | 0.58% | 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.
HDFC Nifty LargeMidcap 250 Index Fund vs Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund: Frequently Asked Questions
What is the difference between HDFC Nifty LargeMidcap 250 Index Fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund?
HDFC Nifty LargeMidcap 250 Index Fund is an Index 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 99.2%. HDFC Nifty LargeMidcap 250 Index Fund charges 0.27% a year and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund 0.36%.
Which has given higher returns, HDFC Nifty LargeMidcap 250 Index Fund or Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund?
Over 1 year: HDFC Nifty LargeMidcap 250 Index Fund −6.73%, 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 Nifty LargeMidcap 250 Index Fund or Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund?
HDFC Nifty LargeMidcap 250 Index Fund charges less: 0.27% a year against 0.36%. These are the Direct plans' total expense ratios reported to AMFI.
How much do HDFC Nifty LargeMidcap 250 Index Fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund overlap?
99.2%. They hold 250 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, HDFC Nifty LargeMidcap 250 Index Fund or Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund?
On SEBI's riskometer, HDFC Nifty LargeMidcap 250 Index 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 14.84% and 14.85% a year.
Can I invest in both HDFC Nifty LargeMidcap 250 Index Fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund?
Yes. 99.2% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages HDFC Nifty LargeMidcap 250 Index Fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund?
HDFC Nifty LargeMidcap 250 Index Fund: Nandita Menezes, Arun Agarwal. 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.