Mirae Asset 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
Mirae Asset 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, Mirae Asset Nifty LargeMidcap 250 Index Fund (Direct) returned −6.8% and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) returned −6.2%. Mirae Asset Nifty LargeMidcap 250 Index Fund charges 0.43% a year and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund 0.36% (Direct plans). Their portfolios overlap 99.7%: they hold 250 of the same securities.
Mirae Asset Nifty LargeMidcap 250 Index Fund
Index
- 1 year return
- −6.8%
- Expense ratio
- 0.43%
- NAV
- ₹9.88
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, Mirae Asset 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 −6.8%.
- Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index costs less: 0.36% a year against 0.43% (Direct plans).
- Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index fell less in its worst fall since 25-10-2024: −15.4% against −15.5%.
- Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index is the larger fund: ₹280 Cr against ₹34 Cr.
- Their portfolios overlap 99.7%: 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 | Mirae Asset Nifty LargeMidcap 250 Index Fund | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund |
|---|---|---|
| Fund house | Mirae Asset Mutual Fund | Zerodha Mutual Fund |
| Category | Index | Index |
| AUM | ₹34 Cr (30-09-2026) | ₹280 Cr (30-09-2026) |
| NAV | ₹9.88 (Direct) | ₹13.49 (Direct) |
| Expense ratio (Direct) | 0.43% | 0.36% |
| Expense ratio (Regular) | 1.03% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty LargeMidcap 250 TRI | Nifty LargeMidcap 250 TRI |
| Launch date | 24-10-2024 | 08-11-2023 |
| Minimum investment | ₹5,000 | ₹500 |
| Lock in | None | None |
| Fund managers | Ekta Gala, amp, Ritesh Patel | Kedarnath Mirajkar |
| Exit load | NIL | Nil |
Mirae Asset 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 |
|---|---|---|---|---|---|---|---|
| Mirae Asset Nifty LargeMidcap 250 Index Fund (Direct) | −1.34% | −6.98% | −3.57% | −6.83% | -- | -- | -- |
| Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) | −1.30% | −6.82% | −3.24% | −6.16% | -- | -- | -- |
Mirae Asset Nifty LargeMidcap 250 Index vs Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index: Year-wise Returns
| Year | Mirae AssetMirae Asset Nifty LargeMidcap 250 Index | Zerodha ELSS Tax SaverZerodha ELSS Tax Saver Nifty LargeMidcap 250 Index | NIFTY LargeMidcap 250 TRI |
|---|---|---|---|
| 2026to date | −7.39% | −6.81% | −7.09% |
| 2025 | +7.77% | +8.44% | +8.19% |
| 2024 | -- | +18.59% | +18.68% |
Mirae Asset 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, 249 of them, one for each trading day from 27-10-2025 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.
Mirae Asset 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 2026Jun 2025
to
Jun 2026Aug 2025
to
Aug 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mirae Asset Nifty LargeMidcap 250 Index | 14.5 | 35.7 | 32.9 | 12.0 | 4.8 | 0.0 | 0.0 | 5.2% | 4.9% | −8.3% | 17.8% | 0% |
| Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index | 11.2 | 34.9 | 32.9 | 14.9 | 6.0 | 0.0 | 0.0 | 5.9% | 5.6% | −7.7% | 18.6% | 100% |
| NIFTY LargeMidcap 250 TRI | 12.9 | 34.9 | 33.7 | 12.4 | 6.0 | 0.0 | 0.0 | 5.6% | 5.3% | −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 25-10-2024. Past returns do not promise future returns.
Mirae Asset 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 25-10-2024 to 30-10-2026: 25 instalments, ₹2,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Mirae Asset Nifty LargeMidcap 250 IndexMirae Asset Nifty LargeMidcap 250 Index Fund (Direct) | ₹2,50,000 | ₹2,45,698 | −₹4,302 | −1.6% |
| 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% |
Mirae Asset Nifty LargeMidcap 250 IndexMirae Asset 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.
Mirae Asset 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 | Mirae Asset Nifty LargeMidcap 250 Index Fund (Direct) | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −6.83% | −6.16% |
| Standard deviation | 14.85% | 14.85% |
| Sharpe ratio | -0.81 | -0.77 |
| Sortino ratio | -1.08 | -1.02 |
| Maximum drawdown | −14.4% (31-03-2026) | −14.3% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.36% | +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 | Mirae Asset Nifty LargeMidcap 250 Index Fund (Direct) | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.06% | +10.56% |
| Standard deviation | 14.66% | 14.89% |
| Sharpe ratio | -0.38 | 0.31 |
| Sortino ratio | -0.52 | 0.41 |
| Maximum drawdown | −15.5% (28-02-2025) | −18.7% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.44% | +0.12% |
From daily NAVs, 25-10-2024 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.
Mirae Asset 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 |
|---|---|---|---|---|---|---|
| Mirae Asset Nifty LargeMidcap 250 Index Fund (Direct) | −15.5% | 16-12-2024 | 28-02-2025 | 09-06-2025 | 3 months | −8.7% |
| Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) | −15.4% | 16-12-2024 | 28-02-2025 | 06-06-2025 | 3 months | −8.6% |
| NIFTY LargeMidcap 250 TRI | −15.5% | 16-12-2024 | 28-02-2025 | 09-06-2025 | 3 months | −8.6% |
From daily values since 25-10-2024, 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.
Mirae Asset 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 |
|---|---|---|---|
| Mirae Asset Nifty LargeMidcap 250 Index Fund (Direct) | 99% | 101% | 0.08% |
| Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) | 101% | 100% | 0.04% |
From month-end values since 25-10-2024. 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.
Mirae Asset Nifty LargeMidcap 250 Index vs Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Mirae Asset Nifty LargeMidcap 250 Index Fund, September 2026; Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund, September 2026
Holdings in common
- Overlap
- 99.7%
- Held by both
- 250
- Only in Mirae Asset Nifty LargeMidcap 250 Index
- 0
- Only in Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index
- 0
| Security | % of Mirae Asset Nifty LargeMidcap 250 Index | % of Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index |
|---|---|---|
| HDFC Bank Ltd. | 4.21% | 4.22% |
| ICICI Bank Ltd. | 3.68% | 3.68% |
| Reliance Industries Ltd. | 3.08% | 3.08% |
| Bharti Airtel Ltd. | 2.07% | 2.08% |
| Larsen & Toubro Ltd. | 1.71% | 1.71% |
| State Bank of India | 1.54% | 1.54% |
| Axis Bank Ltd. | 1.37% | 1.37% |
| Infosys Ltd. | 1.36% | 1.36% |
| Kotak Mahindra Bank Ltd. | 1.19% | 1.19% |
| Multi Commodity Exchange of India Ltd. | 1.04% | 1.04% |
| Mahindra & Mahindra Ltd. | 1.02% | 1.02% |
| Bajaj Finance Ltd. | 1.02% | 1.02% |
| ITC Ltd. | 0.98% | 0.98% |
| The Federal Bank Ltd. | 0.96% | 0.97% |
| Laurus Labs Ltd. | 0.95% | 0.95% |
| Eternal Ltd. | 0.90% | 0.90% |
| One 97 Communications Ltd. | 0.89% | 0.89% |
| Hero MotoCorp Ltd. | 0.84% | 0.84% |
| Tata Consultancy Services Ltd. | 0.81% | 0.81% |
| The Indian Hotels Company Ltd. | 0.79% | 0.79% |
| Coforge Ltd. | 0.75% | 0.75% |
| Sun Pharmaceutical Industries Ltd. | 0.75% | 0.75% |
| Bharat Heavy Electricals Ltd. | 0.74% | 0.75% |
| Titan Company Ltd. | 0.74% | 0.74% |
| IndusInd Bank Ltd. | 0.73% | 0.73% |
| AU Small Finance Bank Ltd. | 0.72% | 0.72% |
| Persistent Systems Ltd. | 0.71% | 0.71% |
| Dixon Technologies (India) Ltd. | 0.67% | 0.67% |
| IDFC First Bank Ltd. | 0.66% | 0.67% |
| Bharat Forge Ltd. | 0.66% | 0.66% |
| Hindustan Unilever Ltd. | 0.65% | 0.65% |
| GE Vernova T&D India Ltd. | 0.64% | 0.64% |
| Lenskart Solutions Ltd. | 0.62% | 0.62% |
| Life Insurance Corporation of India | 0.62% | 0.62% |
| Lupin Ltd. | 0.61% | 0.61% |
| Maruti Suzuki India Ltd. | 0.60% | 0.60% |
| NTPC Ltd. | 0.59% | 0.59% |
| Tata Steel Ltd. | 0.59% | 0.59% |
| Suzlon Energy Ltd. | 0.59% | 0.59% |
| Indus Towers Ltd. | 0.59% | 0.59% |
| Info Edge (India) Ltd. | 0.58% | 0.58% |
| Aurobindo Pharma Ltd. | 0.57% | 0.57% |
| Adani Ports and Special Economic Zone Ltd. | 0.55% | 0.55% |
| Ashok Leyland Ltd. | 0.54% | 0.54% |
| Bharat Electronics Ltd. | 0.54% | 0.54% |
| FSN E-Commerce Ventures Ltd. | 0.54% | 0.54% |
| Shriram Finance Ltd. | 0.53% | 0.53% |
| Hindalco Industries Ltd. | 0.53% | 0.53% |
| Marico Ltd. | 0.51% | 0.51% |
| Ultratech Cement Ltd. | 0.50% | 0.50% |
| HCL Technologies Ltd. | 0.50% | 0.50% |
| Fortis Healthcare Ltd. | 0.49% | 0.49% |
| United Spirits Ltd. | 0.49% | 0.49% |
| BSE Ltd. | 0.49% | 0.49% |
| APL Apollo Tubes Ltd. | 0.49% | 0.49% |
| ICICI Lombard General Insurance Company Ltd. | 0.48% | 0.48% |
| Embassy Office Parks Reit | 0.47% | 0.47% |
| JSW Steel Ltd. | 0.47% | 0.47% |
| PB Fintech Ltd. | 0.46% | 0.46% |
| Swiggy Ltd. | 0.46% | 0.46% |
| Bajaj Auto Ltd. | 0.46% | 0.46% |
| REC Ltd. | 0.46% | 0.46% |
| Divi's Laboratories Ltd. | 0.46% | 0.46% |
| Power Grid Corporation of India Ltd. | 0.46% | 0.46% |
| Yes Bank Ltd. | 0.45% | 0.45% |
| Grasim Industries Ltd. | 0.45% | 0.45% |
| Max Financial Services Ltd. | 0.45% | 0.45% |
| The Phoenix Mills Ltd. | 0.44% | 0.44% |
| SRF Ltd. | 0.44% | 0.44% |
| Interglobe Aviation Ltd. | 0.44% | 0.44% |
| Glenmark Pharmaceuticals Ltd. | 0.43% | 0.43% |
| Asian Paints Ltd. | 0.42% | 0.42% |
| Radico Khaitan Ltd. | 0.42% | 0.42% |
| Lodha Developers Ltd. | 0.41% | 0.41% |
| Hindustan Petroleum Corporation Ltd. | 0.41% | 0.41% |
| GMR Airports Ltd. | 0.41% | 0.41% |
| Apar Industries Ltd. | 0.40% | 0.40% |
| Aditya Birla Capital Ltd. | 0.40% | 0.40% |
| Coal India Ltd. | 0.40% | 0.39% |
| Bajaj Finserv Ltd. | 0.39% | 0.39% |
| Alkem Laboratories Ltd. | 0.38% | 0.38% |
| Eicher Motors Ltd. | 0.38% | 0.38% |
| Adani Enterprises Ltd. | 0.38% | 0.38% |
| National Aluminium Company Ltd. | 0.38% | 0.38% |
| Tech Mahindra Ltd. | 0.38% | 0.38% |
| TVS Motor Company Ltd. | 0.37% | 0.37% |
| JSW Energy Ltd. | 0.37% | 0.37% |
| UPL Ltd. | 0.37% | 0.37% |
| Shree Cement Ltd. | 0.37% | 0.37% |
| Sundaram Finance Ltd. | 0.37% | 0.37% |
| Nestle India Ltd. | 0.36% | 0.36% |
| Mphasis Ltd. | 0.35% | 0.35% |
| Indian Bank | 0.35% | 0.35% |
| Mankind Pharma Ltd. | 0.35% | 0.35% |
| Vishal Mega Mart Ltd. | 0.35% | 0.35% |
| Hindustan Aeronautics Ltd. | 0.34% | 0.34% |
| Tata Motors Ltd. | 0.34% | 0.34% |
| Oil & Natural Gas Corporation Ltd. | 0.34% | 0.34% |
| Trent Ltd. | 0.34% | 0.34% |
| KEI Industries Ltd. | 0.34% | 0.34% |
| NHPC Ltd. | 0.34% | 0.34% |
| 360 ONE WAM Ltd. | 0.33% | 0.33% |
| Adani Power Ltd. | 0.33% | 0.33% |
| IPCA Laboratories Ltd. | 0.33% | 0.33% |
| Piramal Finance Ltd. | 0.33% | 0.33% |
| NMDC Ltd. | 0.33% | 0.33% |
| Apollo Hospitals Enterprise Ltd. | 0.32% | 0.33% |
| Billionbrains Garage Ventures Ltd. | 0.32% | 0.32% |
| Steel Authority of India Ltd. | 0.32% | 0.32% |
| Biocon Ltd. | 0.32% | 0.32% |
| Lloyds Metals And Energy Ltd. | 0.32% | 0.32% |
| MRF Ltd. | 0.33% | 0.31% |
| Havells India Ltd. | 0.31% | 0.31% |
| Oracle Financial Services Software Ltd. | 0.31% | 0.31% |
| Tube Investments of India Ltd. | 0.31% | 0.31% |
| Prestige Estates Projects Ltd. | 0.31% | 0.31% |
| Oil India Ltd. | 0.30% | 0.30% |
| Voltas Ltd. | 0.30% | 0.30% |
| SBI Life Insurance Co. Ltd. | 0.30% | 0.30% |
| Cipla Ltd. | 0.29% | 0.29% |
| Dr. Reddy's Laboratories Ltd. | 0.29% | 0.29% |
| Torrent Power Ltd. | 0.29% | 0.29% |
| Jindal Stainless Ltd. | 0.29% | 0.29% |
| Colgate Palmolive (India) Ltd. | 0.29% | 0.29% |
| Page Industries Ltd. | 0.29% | 0.28% |
| Waaree Energies Ltd. | 0.28% | 0.28% |
| Samvardhana Motherson International Ltd. | 0.28% | 0.28% |
| L&T Finance Ltd. | 0.28% | 0.28% |
| Jio Financial Services Ltd. | 0.28% | 0.28% |
| Dabur India Ltd. | 0.28% | 0.28% |
| Torrent Pharmaceuticals Ltd. | 0.27% | 0.27% |
| Supreme Industries Ltd. | 0.27% | 0.27% |
| Cholamandalam Investment & Finance Co. Ltd. | 0.27% | 0.27% |
| Vedanta Aluminium Metal Ltd. | 0.27% | 0.27% |
| Godrej Properties Ltd. | 0.27% | 0.27% |
| Max Healthcare Institute Ltd. | 0.27% | 0.27% |
| Mahindra & Mahindra Financial Services Ltd. | 0.26% | 0.26% |
| Petronet LNG Ltd. | 0.26% | 0.26% |
| UNO Minda Ltd. | 0.26% | 0.26% |
| JSW Infrastructure Ltd. | 0.26% | 0.26% |
| Kalyan Jewellers India Ltd. | 0.26% | 0.26% |
| JK Cement Ltd. | 0.26% | 0.26% |
| Coromandel International Ltd. | 0.26% | 0.26% |
| Meesho Ltd. | 0.26% | 0.26% |
| Oberoi Realty Ltd. | 0.26% | 0.26% |
| Cummins India Ltd. | 0.25% | 0.25% |
| Blue Star Ltd. | 0.24% | 0.24% |
| Tata Consumer Products Ltd. | 0.24% | 0.24% |
| Tata Communications Ltd. | 0.24% | 0.24% |
| Avenue Supermarts Ltd. | 0.24% | 0.24% |
| Nippon Life India Asset Management Ltd. | 0.24% | 0.24% |
| Bharat Petroleum Corporation Ltd. | 0.24% | 0.24% |
| Tata Power Company Ltd. | 0.23% | 0.23% |
| Exide Industries Ltd. | 0.23% | 0.23% |
| Tata Motors Passenger Vehicles Ltd. | 0.23% | 0.23% |
| PI Industries Ltd. | 0.23% | 0.23% |
| Aster DM Quality Care Ltd. | 0.23% | 0.23% |
| Varun Beverages Ltd. | 0.23% | 0.23% |
| Gujarat Fluorochemicals Ltd. | 0.23% | 0.23% |
| CG Power and Industrial Solutions Ltd. | 0.23% | 0.23% |
| ITC Hotels Ltd. | 0.23% | 0.23% |
| ICICI Prudential Asset Management Company Ltd. | 0.23% | 0.23% |
| Hindustan Copper Ltd. | 0.22% | 0.22% |
| Jubilant Foodworks Ltd. | 0.22% | 0.22% |
| Britannia Industries Ltd. | 0.22% | 0.22% |
| HDFC Life Insurance Company Ltd. | 0.22% | 0.22% |
| ICICI Prudential Life Insurance Company Ltd. | 0.22% | 0.22% |
| LG Electronics India Ltd. | 0.22% | 0.22% |
| SBI Cards & Payment Services Ltd. | 0.21% | 0.21% |
| Balkrishna Industries Ltd. | 0.21% | 0.21% |
| Astral Ltd. | 0.21% | 0.21% |
| Ajanta Pharma Ltd. | 0.20% | 0.20% |
| Adani Total Gas Ltd. | 0.20% | 0.20% |
| Bank of Maharashtra | 0.20% | 0.20% |
| LIC Housing Finance Ltd. | 0.20% | 0.20% |
| Indian Oil Corporation Ltd. | 0.20% | 0.20% |
| Motilal Oswal Financial Services Ltd. | 0.19% | 0.19% |
| Bank of India | 0.19% | 0.19% |
| Schaeffler India Ltd. | 0.19% | 0.19% |
| Container Corporation of India Ltd. | 0.19% | 0.19% |
| Solar Industries India Ltd. | 0.19% | 0.19% |
| AIA Engineering Ltd. | 0.18% | 0.18% |
| Power Finance Corporation Ltd. | 0.18% | 0.18% |
| Bajaj Holdings & Investment Ltd. | 0.18% | 0.18% |
| HDFC Asset Management Co. Ltd. | 0.18% | 0.18% |
| GAIL (India) Ltd. | 0.18% | 0.18% |
| Authum Investment & Infrastructure Ltd. | 0.18% | 0.18% |
| Vedanta Ltd. | 0.18% | 0.18% |
| Pidilite Industries Ltd. | 0.18% | 0.18% |
| Abbott India Ltd. | 0.17% | 0.17% |
| Indian Railway Catering & Tourism Corporation Ltd. | 0.17% | 0.17% |
| DLF Ltd. | 0.17% | 0.17% |
| Wipro Ltd. | 0.17% | 0.17% |
| Adani Energy Solutions Ltd. | 0.17% | 0.17% |
| Adani Green Energy Ltd. | 0.17% | 0.17% |
| Bank of Baroda | 0.17% | 0.17% |
| Polycab India Ltd. | 0.17% | 0.17% |
| Dalmia Bharat Ltd. | 0.16% | 0.16% |
| Bosch Ltd. | 0.16% | 0.16% |
| Linde India Ltd. | 0.16% | 0.16% |
| Jindal Steel Ltd. | 0.16% | 0.16% |
| HDB Financial Services Ltd. | 0.16% | 0.16% |
| General Insurance Corporation of India | 0.16% | 0.16% |
| Thermax Ltd. | 0.16% | 0.16% |
| Berger Paints India Ltd. | 0.16% | 0.16% |
| Cochin Shipyard Ltd. | 0.16% | 0.16% |
| Premier Energies Ltd | 0.16% | 0.16% |
| Canara Bank | 0.16% | 0.16% |
| Patanjali Foods Ltd. | 0.15% | 0.15% |
| Narayana Hrudayalaya Ltd. | 0.15% | 0.15% |
| Hitachi Energy India Ltd. | 0.15% | 0.15% |
| Punjab National Bank | 0.15% | 0.15% |
| K.P.R. Mill Ltd. | 0.15% | 0.15% |
| Global Health Ltd. | 0.15% | 0.15% |
| LTM Ltd. | 0.15% | 0.15% |
| Glaxosmithkline Pharmaceuticals Ltd. | 0.14% | 0.14% |
| Rail Vikas Nigam Ltd. | 0.14% | 0.14% |
| Vodafone Idea Ltd. | 0.14% | 0.14% |
| ABB India Ltd. | 0.14% | 0.14% |
| CRISIL Ltd. | 0.13% | 0.13% |
| Godrej Consumer Products Ltd. | 0.13% | 0.13% |
| Bharti Hexacom Ltd. | 0.13% | 0.13% |
| Union Bank of India | 0.13% | 0.13% |
| Siemens Ltd. | 0.13% | 0.13% |
| Bharat Dynamics Ltd. | 0.13% | 0.13% |
| NLC India Ltd. | 0.12% | 0.12% |
| Endurance Technologies Ltd. | 0.12% | 0.12% |
| Anthem Biosciences Ltd. | 0.11% | 0.11% |
| Muthoot Finance Ltd. | 0.11% | 0.11% |
| Hyundai Motor India Ltd. | 0.11% | 0.11% |
| Zydus Lifesciences Ltd. | 0.11% | 0.11% |
| Bajaj Housing Finance Ltd. | 0.11% | 0.11% |
| Escorts Kubota Ltd. | 0.11% | 0.11% |
| L&T Technology Services Ltd. | 0.11% | 0.11% |
| Siemens Energy India Ltd. | 0.11% | 0.11% |
| Indian Renewable Energy Development Agency Ltd. | 0.11% | 0.11% |
| NTPC Green Energy Ltd. | 0.11% | 0.11% |
| Hindustan Zinc Ltd. | 0.11% | 0.11% |
| United Breweries Ltd. | 0.10% | 0.10% |
| Housing and Urban Development Corporation Ltd. | 0.10% | 0.10% |
| Tata Investment Corporation Ltd. | 0.10% | 0.10% |
| Godfrey Phillips India Ltd. | 0.10% | 0.10% |
| Ambuja Cements Ltd. | 0.09% | 0.09% |
| Hexaware Technologies Ltd. | 0.09% | 0.09% |
| TATA Capital Ltd. | 0.07% | 0.07% |
| Indian Railway Finance Corporation Ltd. | 0.07% | 0.07% |
| Mazagon Dock Shipbuilders Ltd. | 0.06% | 0.06% |
| Fertilisers And Chemicals Travancore Ltd. | 0.06% | 0.06% |
| Indian Overseas Bank | 0.06% | 0.06% |
| Godrej Industries Ltd. | 0.06% | 0.06% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.7% means 99.7% 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 Mirae Asset 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 | Mirae Asset Nifty LargeMidcap 250 Index | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index |
|---|---|---|
| Equity | 99.5% | 99.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.5% | 0.4% |
Market cap of stocks
| Market cap | Mirae Asset Nifty LargeMidcap 250 Index | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index |
|---|---|---|
| Large Cap | 51.9% | 52.0% |
| Mid Cap | 46.3% | 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 | Mirae Asset Nifty LargeMidcap 250 Index | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index |
|---|---|---|
| Banks | 16.9% | 16.9% |
| Pharmaceuticals & Biotechnology | 6.7% | 6.7% |
| Finance | 6.5% | 6.5% |
| IT - Software | 5.6% | 5.6% |
| Retailing | 4.3% | 4.3% |
| Automobiles | 4.0% | 4.0% |
The six largest sectors of each fund's stocks, % of the fund.
Mirae Asset 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 | Mirae Asset Nifty LargeMidcap 250 Index Fund | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.43% | 0.36% |
| Base expense ratio (Direct) | 0.27% | 0.25% |
| Total expense ratio (Regular) | 1.03% | Not available |
| Base expense ratio (Regular) | 0.78% | 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.
Mirae Asset Nifty LargeMidcap 250 Index Fund vs Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund: Frequently Asked Questions
What is the difference between Mirae Asset Nifty LargeMidcap 250 Index Fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund?
Mirae Asset Nifty LargeMidcap 250 Index Fund is an Index fund, Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund is an Index fund, run by Mirae Asset Mutual Fund and Zerodha Mutual Fund. Their portfolios overlap 99.7%. Mirae Asset Nifty LargeMidcap 250 Index Fund charges 0.43% a year and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund 0.36%.
Which has given higher returns, Mirae Asset Nifty LargeMidcap 250 Index Fund or Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund?
Over 1 year: Mirae Asset Nifty LargeMidcap 250 Index Fund −6.83%, 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, Mirae Asset Nifty LargeMidcap 250 Index 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 0.43%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Mirae Asset Nifty LargeMidcap 250 Index Fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund overlap?
99.7%. 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, Mirae Asset Nifty LargeMidcap 250 Index Fund or Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund?
On SEBI's riskometer, Mirae Asset 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 14.85% and 14.85% a year.
Can I invest in both Mirae Asset Nifty LargeMidcap 250 Index Fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund?
Yes. 99.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Mirae Asset Nifty LargeMidcap 250 Index Fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund?
Mirae Asset Nifty LargeMidcap 250 Index Fund: Ekta Gala, amp, Ritesh Patel. 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.