Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund vs Zerodha Nifty LargeMidcap 250 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund is an Index fund and Zerodha Nifty LargeMidcap 250 Index Fund is an Index fund. In the year to 30-10-2026, Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) returned −6.2% and Zerodha Nifty LargeMidcap 250 Index Fund (Direct) returned −6.2%. Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund charges 0.36% a year and Zerodha Nifty LargeMidcap 250 Index Fund 0.38% (Direct plans). Their portfolios overlap 100.1%: they hold 250 of the same securities.
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund
Index
- 1 year return
- −6.2%
- Expense ratio
- 0.36%
- NAV
- ₹13.49
Zerodha Nifty LargeMidcap 250 Index Fund
Index
- 1 year return
- −6.2%
- Expense ratio
- 0.38%
- NAV
- ₹13.46
Which is better, Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index or Zerodha 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 −6.2%.
- Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index costs less: 0.36% a year against 0.38% (Direct plans).
- Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index fell less in its worst fall since 10-11-2023: −18.7% against −18.8%.
- Zerodha Nifty LargeMidcap 250 Index is the larger fund: ₹1,569 Cr against ₹280 Cr.
- Their portfolios overlap 100.1%: 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 | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund | Zerodha Nifty LargeMidcap 250 Index Fund |
|---|---|---|
| Fund house | Zerodha Mutual Fund | Zerodha Mutual Fund |
| Category | Index | Index |
| AUM | ₹280 Cr (30-09-2026) | ₹1,569 Cr (30-09-2026) |
| NAV | ₹13.49 (Direct) | ₹13.46 (Direct) |
| Expense ratio (Direct) | 0.36% | 0.38% |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty LargeMidcap 250 TRI | Nifty LargeMidcap 250 TRI |
| Launch date | 08-11-2023 | 08-11-2023 |
| Minimum investment | ₹500 | Rs. 100. |
| Lock in | None | None |
| Fund managers | Kedarnath Mirajkar | Kedarnath Mirajkar |
| Exit load | Nil | Nil |
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index vs Zerodha 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 |
|---|---|---|---|---|---|---|---|
| Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) | −1.30% | −6.82% | −3.24% | −6.16% | -- | -- | -- |
| Zerodha Nifty LargeMidcap 250 Index Fund (Direct) | −1.31% | −6.83% | −3.29% | −6.24% | -- | -- | -- |
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index vs Zerodha Nifty LargeMidcap 250 Index: Year-wise Returns
| Year | ELSS Tax Saver NiftyZerodha ELSS Tax Saver Nifty LargeMidcap 250 Index | NiftyZerodha Nifty LargeMidcap 250 Index | NIFTY LargeMidcap 250 TRI |
|---|---|---|---|
| 2026to date | −6.81% | −6.89% | −7.09% |
| 2025 | +8.44% | +8.37% | +8.19% |
| 2024 | +18.59% | +18.50% | +18.68% |
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index vs Zerodha 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.
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct)
Zerodha 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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% |
| Zerodha Nifty LargeMidcap 250 Index | 14.4 | 31.8 | 29.7 | 12.6 | 4.7 | 1.9 | 4.9 | 6.9% | 5.7% | −7.7% | 33.3% | 81% |
| 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.
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index vs Zerodha 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 10-11-2023 to 30-10-2026: 36 instalments, ₹3,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| 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% |
| Zerodha Nifty LargeMidcap 250 IndexZerodha Nifty LargeMidcap 250 Index Fund (Direct) | ₹3,60,000 | ₹3,69,843 | ₹9,843 | 1.8% |
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 IndexZerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct)
Zerodha Nifty LargeMidcap 250 IndexZerodha 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.
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index vs Zerodha Nifty LargeMidcap 250 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) | Zerodha Nifty LargeMidcap 250 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −6.16% | −6.24% |
| Standard deviation | 14.85% | 14.85% |
| Sharpe ratio | -0.77 | -0.77 |
| Sortino ratio | -1.02 | -1.03 |
| Maximum drawdown | −14.3% (30-03-2026) | −14.3% (30-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | +0.31% | +0.23% |
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 | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) | Zerodha Nifty LargeMidcap 250 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.56% | +10.48% |
| Standard deviation | 14.89% | 14.89% |
| Sharpe ratio | 0.31 | 0.30 |
| Sortino ratio | 0.41 | 0.40 |
| Maximum drawdown | −18.7% (28-02-2025) | −18.8% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | +0.12% | +0.04% |
From daily NAVs, 10-11-2023 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.
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct)
Zerodha 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 |
|---|---|---|---|---|---|---|
| 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% |
| Zerodha Nifty LargeMidcap 250 Index Fund (Direct) | −18.8% | 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.
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct)
Zerodha Nifty LargeMidcap 250 Index Fund (Direct)
NIFTY LargeMidcap 250 TRI
Against NIFTY LargeMidcap 250 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct) | 100% | 100% | 0.09% |
| Zerodha Nifty LargeMidcap 250 Index Fund (Direct) | 100% | 100% | 0.08% |
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.
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index vs Zerodha Nifty LargeMidcap 250 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund, September 2026; Zerodha Nifty LargeMidcap 250 Index Fund, September 2026
Holdings in common
- Overlap
- 100.1%
- Held by both
- 250
- Only in Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index
- 0
- Only in Zerodha Nifty LargeMidcap 250 Index
- 0
| Security | % of Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index | % of Zerodha Nifty LargeMidcap 250 Index |
|---|---|---|
| HDFC Bank Limited | 4.22% | 4.22% |
| ICICI Bank Limited | 3.68% | 3.68% |
| Reliance Industries Limited | 3.08% | 3.08% |
| Bharti Airtel Limited | 2.08% | 2.07% |
| Larsen & Toubro Limited | 1.71% | 1.71% |
| State Bank of India | 1.54% | 1.54% |
| Axis Bank Limited | 1.37% | 1.37% |
| Infosys Limited | 1.36% | 1.36% |
| Kotak Mahindra Bank Limited | 1.19% | 1.19% |
| Multi Commodity Exchange of India Limited | 1.04% | 1.04% |
| Mahindra & Mahindra Limited | 1.02% | 1.02% |
| Bajaj Finance Limited | 1.02% | 1.02% |
| ITC Limited | 0.98% | 0.98% |
| The Federal Bank Limited | 0.97% | 0.96% |
| Laurus Labs Limited | 0.95% | 0.95% |
| Eternal Limited | 0.90% | 0.90% |
| One 97 Communications Limited | 0.89% | 0.89% |
| Hero MotoCorp Limited | 0.84% | 0.84% |
| Tata Consultancy Services Limited | 0.81% | 0.81% |
| The Indian Hotels Company Limited | 0.79% | 0.79% |
| Sun Pharmaceutical Industries Limited | 0.75% | 0.75% |
| Bharat Heavy Electricals Limited | 0.75% | 0.75% |
| Coforge Limited | 0.75% | 0.75% |
| Titan Company Limited | 0.74% | 0.74% |
| IndusInd Bank Limited | 0.73% | 0.73% |
| AU Small Finance Bank Limited | 0.72% | 0.72% |
| PERSISTENT SYSTEMS LTD | 0.71% | 0.71% |
| IDFC First Bank Limited | 0.67% | 0.67% |
| Dixon Technologies (India) Limited | 0.67% | 0.67% |
| Bharat Forge Limited | 0.66% | 0.66% |
| Hindustan Unilever Limited | 0.65% | 0.65% |
| GE Vernova T&D India Limited | 0.64% | 0.64% |
| Life Insurance Corporation Of India | 0.62% | 0.62% |
| Lenskart Solutions Limited | 0.62% | 0.62% |
| Lupin Limited | 0.61% | 0.61% |
| Maruti Suzuki India Limited | 0.60% | 0.60% |
| Suzlon Energy Limited | 0.59% | 0.59% |
| Tata Steel Limited | 0.59% | 0.59% |
| Indus Towers Limited | 0.59% | 0.59% |
| NTPC Limited | 0.59% | 0.60% |
| Info Edge (India) Limited | 0.58% | 0.58% |
| Aurobindo Pharma Limited | 0.57% | 0.57% |
| Adani Ports and Special Economic Zone Limited | 0.55% | 0.55% |
| Ashok Leyland Limited | 0.54% | 0.54% |
| Bharat Electronics Limited | 0.54% | 0.54% |
| FSN E-Commerce Ventures Limited | 0.54% | 0.54% |
| Hindalco Industries Limited | 0.53% | 0.53% |
| Shriram Finance Limited | 0.53% | 0.53% |
| Marico Limited | 0.51% | 0.51% |
| UltraTech Cement Limited | 0.50% | 0.50% |
| HCL Technologies Limited | 0.50% | 0.50% |
| Fortis Healthcare Limited | 0.49% | 0.49% |
| BSE Ltd | 0.49% | 0.49% |
| APL Apollo Tubes Limited | 0.49% | 0.49% |
| United Spirits Limited | 0.49% | 0.49% |
| ICICI Lombard General Insurance Company Limited | 0.48% | 0.48% |
| JSW Steel Limited | 0.47% | 0.47% |
| Embassy Office Parks REIT | 0.47% | 0.47% |
| SWIGGY LIMITED | 0.46% | 0.46% |
| REC Limited | 0.46% | 0.46% |
| Divi's Laboratories Limited | 0.46% | 0.46% |
| PB Fintech Limited | 0.46% | 0.46% |
| Power Grid Corporation of India Limited | 0.46% | 0.46% |
| Bajaj Auto Limited | 0.46% | 0.46% |
| Grasim Industries Limited | 0.45% | 0.45% |
| Max Financial Services Limited | 0.45% | 0.45% |
| Yes Bank Ltd | 0.45% | 0.45% |
| The Phoenix Mills Limited | 0.44% | 0.44% |
| InterGlobe Aviation Limited | 0.44% | 0.44% |
| SRF Limited | 0.44% | 0.44% |
| Glenmark Pharmaceuticals Limited | 0.43% | 0.43% |
| Asian Paints Limited | 0.42% | 0.42% |
| Radico Khaitan Limited | 0.42% | 0.42% |
| Hindustan Petroleum Corporation Limited | 0.41% | 0.41% |
| Lodha Developers Limited | 0.41% | 0.41% |
| GMR Airports Limited | 0.41% | 0.41% |
| APAR INDUSTRIES LTD | 0.40% | 0.40% |
| Aditya Birla Capital Limited | 0.40% | 0.40% |
| Coal India Limited | 0.39% | 0.40% |
| Bajaj Finserv Limited | 0.39% | 0.39% |
| Eicher Motors Limited | 0.38% | 0.38% |
| National Aluminium Company Limited | 0.38% | 0.38% |
| Adani Enterprises Limited | 0.38% | 0.38% |
| Alkem Laboratories Limited | 0.38% | 0.38% |
| Tech Mahindra Limited | 0.38% | 0.38% |
| Shree Cement Limited | 0.37% | 0.37% |
| JSW Energy Limited | 0.37% | 0.37% |
| TVS Motor Company Limited | 0.37% | 0.37% |
| UPL Limited | 0.37% | 0.37% |
| Sundaram Finance Limited | 0.37% | 0.37% |
| Nestle India Limited | 0.36% | 0.36% |
| Vishal Mega Mart Limited | 0.35% | 0.35% |
| MphasiS Limited | 0.35% | 0.35% |
| Indian Bank | 0.35% | 0.35% |
| Mankind Pharma Limited | 0.35% | 0.35% |
| Hindustan Aeronautics Limited | 0.34% | 0.34% |
| Tata Motors Limited | 0.34% | 0.34% |
| Oil & Natural Gas Corporation Limited | 0.34% | 0.34% |
| NHPC Limited | 0.34% | 0.34% |
| Trent Limited | 0.34% | 0.34% |
| KEI Industries Limited | 0.34% | 0.34% |
| Piramal Finance Limited | 0.33% | 0.33% |
| Apollo Hospitals Enterprise Limited | 0.33% | 0.33% |
| 360 ONE WAM LIMITED | 0.33% | 0.33% |
| IPCA Laboratories Limited | 0.33% | 0.33% |
| NMDC Limited | 0.33% | 0.33% |
| Adani Power Limited | 0.33% | 0.33% |
| Billionbrains Garage Ventures Ltd. | 0.32% | 0.32% |
| Steel Authority of India Limited | 0.32% | 0.32% |
| Lloyds Metals And Energy Limited | 0.32% | 0.32% |
| Biocon Limited | 0.32% | 0.32% |
| Havells India Limited | 0.31% | 0.32% |
| Prestige Estates Projects Limited | 0.31% | 0.31% |
| Oracle Financial Services Software Limited | 0.31% | 0.31% |
| MRF Limited | 0.31% | 0.31% |
| TUBE INVESTMENTS OF INDIA LTD | 0.31% | 0.31% |
| SBI Life Insurance Company Limited | 0.30% | 0.30% |
| Voltas Limited | 0.30% | 0.30% |
| Oil India Limited | 0.30% | 0.30% |
| Cipla Limited | 0.29% | 0.29% |
| Dr. Reddy's Laboratories Limited | 0.29% | 0.29% |
| Jindal Stainless Limited | 0.29% | 0.29% |
| Colgate Palmolive (India) Limited | 0.29% | 0.29% |
| Torrent Power Limited | 0.29% | 0.29% |
| Dabur India Limited | 0.28% | 0.28% |
| WAAREE ENERGIES LIMITED | 0.28% | 0.28% |
| L&T Finance Limited | 0.28% | 0.28% |
| Jio Financial Services Limited | 0.28% | 0.28% |
| Page Industries Limited | 0.28% | 0.28% |
| Samvardhana Motherson International Limited | 0.28% | 0.28% |
| Max Healthcare Institute Limited | 0.27% | 0.27% |
| Cholamandalam Investment and Finance Company Limited | 0.27% | 0.27% |
| Supreme Industries Limited | 0.27% | 0.27% |
| Vedanta Aluminium Metal Limited | 0.27% | 0.27% |
| Godrej Properties Limited | 0.27% | 0.27% |
| Torrent Pharmaceuticals Limited | 0.27% | 0.27% |
| Oberoi Realty Limited | 0.26% | 0.26% |
| Meesho Limited | 0.26% | 0.26% |
| Coromandel International Limited | 0.26% | 0.26% |
| KALYAN JEWELLERS INDIA LIMITED | 0.26% | 0.26% |
| Petronet LNG Limited | 0.26% | 0.26% |
| UNO Minda Limited | 0.26% | 0.26% |
| Mahindra & Mahindra Financial Services Limited | 0.26% | 0.26% |
| JK Cement Limited | 0.26% | 0.26% |
| JSW Infrastructure Limited | 0.26% | 0.26% |
| Cummins India Limited | 0.25% | 0.25% |
| Bharat Petroleum Corporation Limited | 0.24% | 0.24% |
| Tata Communications Limited | 0.24% | 0.24% |
| Tata Consumer Products Limited | 0.24% | 0.24% |
| Avenue Supermarts Limited | 0.24% | 0.24% |
| Nippon Life India Asset Management Limited | 0.24% | 0.24% |
| BLUE STAR LTD | 0.24% | 0.24% |
| CG Power and Industrial Solutions Limited | 0.23% | 0.23% |
| Gujarat Fluorochemicals Limited | 0.23% | 0.23% |
| Tata Motors Passenger Vehicles Limited | 0.23% | 0.23% |
| Varun Beverages Limited | 0.23% | 0.23% |
| The Tata Power Company Limited | 0.23% | 0.23% |
| Exide Industries Limited | 0.23% | 0.23% |
| ICICI Prudential AMC Ltd | 0.23% | 0.23% |
| ITC Hotels Limited | 0.23% | 0.23% |
| PI Industries Limited | 0.23% | 0.23% |
| Aster DM Healthcare Limited | 0.23% | 0.23% |
| Britannia Industries Limited | 0.22% | 0.22% |
| LG Electronics India Limited | 0.22% | 0.22% |
| Hindustan Copper Limited | 0.22% | 0.22% |
| ICICI Prudential Life Insurance Company Limited | 0.22% | 0.22% |
| HDFC Life Insurance Company Limited | 0.22% | 0.22% |
| Jubilant Foodworks Limited | 0.22% | 0.22% |
| Astral Limited | 0.21% | 0.21% |
| SBI Cards and Payment Services Limited | 0.21% | 0.21% |
| Balkrishna Industries Limited | 0.21% | 0.21% |
| Ajanta Pharma Limited | 0.20% | 0.20% |
| LIC Housing Finance Limited | 0.20% | 0.20% |
| Indian Oil Corporation Limited | 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 Limited | 0.19% | 0.19% |
| Motilal Oswal Financial Services Limited | 0.19% | 0.19% |
| Solar Industries India Limited | 0.19% | 0.19% |
| Schaeffler India Limited | 0.19% | 0.19% |
| Bajaj Holdings & Investment.Ltd | 0.18% | 0.18% |
| HDFC Asset Management Company Limited | 0.18% | 0.18% |
| GAIL (India) Limited | 0.18% | 0.18% |
| Power Finance Corporation Limited | 0.18% | 0.18% |
| Vedanta Limited | 0.18% | 0.18% |
| Authum Investment & Infrastructure Ltd. | 0.18% | 0.18% |
| AIA Engineering Limited | 0.18% | 0.18% |
| Pidilite Industries Limited | 0.18% | 0.18% |
| Bank of Baroda | 0.17% | 0.17% |
| Wipro Limited | 0.17% | 0.17% |
| DLF Limited | 0.17% | 0.17% |
| Indian Railway Catering & Tourism Corp | 0.17% | 0.17% |
| Abbott India Limited | 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 Limited | 0.16% | 0.16% |
| Premier Energies Limited | 0.16% | 0.16% |
| Thermax Limited | 0.16% | 0.16% |
| Bosch Limited | 0.16% | 0.16% |
| Berger Paints (I) Limited | 0.16% | 0.16% |
| Linde India Limited | 0.16% | 0.16% |
| Canara Bank | 0.16% | 0.16% |
| General Insurance Corporation of India | 0.16% | 0.16% |
| Cochin Shipyard Limited | 0.16% | 0.16% |
| Jindal Steel Limited | 0.16% | 0.16% |
| HDB Financial Services Limited | 0.16% | 0.16% |
| Hitachi Energy India Limited | 0.15% | 0.15% |
| Punjab National Bank | 0.15% | 0.15% |
| LTM Limited | 0.15% | 0.15% |
| Narayana Hrudayalaya Limited | 0.15% | 0.15% |
| GLOBAL HEALTH LIMITED | 0.15% | 0.15% |
| Patanjali Foods Limited | 0.15% | 0.15% |
| K.P.R. Mill Limited | 0.15% | 0.15% |
| ABB India Limited | 0.14% | 0.14% |
| GlaxoSmithKline Pharmaceuticals Limited | 0.14% | 0.14% |
| Rail Vikas Nigam Limited | 0.14% | 0.14% |
| Vodafone Idea Limited | 0.14% | 0.14% |
| Siemens Limited | 0.13% | 0.13% |
| CRISIL Limited | 0.13% | 0.13% |
| Godrej Consumer Products Limited | 0.13% | 0.13% |
| Bharat Dynamics Limited | 0.13% | 0.13% |
| Bharti Hexacom Limited | 0.13% | 0.13% |
| Union Bank of India | 0.13% | 0.13% |
| Neyveli Lignite Corporation Ltd. | 0.12% | 0.12% |
| Endurance Technologies Limited | 0.12% | 0.12% |
| Zydus Lifesciences Limited | 0.11% | 0.11% |
| L&T Technology Services Limited | 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% |
| Hindustan Zinc Limited | 0.11% | 0.11% |
| Bajaj Housing Finance Limited | 0.11% | 0.11% |
| Muthoot Finance Limited | 0.11% | 0.11% |
| Housing & Urban Development Corporation Limited | 0.10% | 0.10% |
| Godfrey Phillips India Limited | 0.10% | 0.10% |
| Tata Investment Corporation Ltd. | 0.10% | 0.10% |
| United Breweries Limited | 0.10% | 0.10% |
| Ambuja Cements Limited | 0.09% | 0.09% |
| Hexaware Technologies Limited | 0.09% | 0.09% |
| Indian Railway Finance Corporation Limited | 0.07% | 0.07% |
| Tata Capital Ltd | 0.07% | 0.07% |
| Fertilizers and Chemicals Travancore Limited | 0.06% | 0.06% |
| Godrej Industries Ltd | 0.06% | 0.06% |
| Mazagon Dock Shipbuilders Limited | 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. 100.1% means 100.1% 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 Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in Zerodha 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 | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index | Zerodha Nifty LargeMidcap 250 Index |
|---|---|---|
| Equity | 99.6% | 99.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.4% | 0.4% |
Market cap of stocks
| Market cap | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index | Zerodha Nifty LargeMidcap 250 Index |
|---|---|---|
| Large Cap | 52.0% | 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 | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index | Zerodha 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.
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index vs Zerodha Nifty LargeMidcap 250 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund | Zerodha Nifty LargeMidcap 250 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.36% | 0.38% |
| Base expense ratio (Direct) | 0.25% | 0.25% |
| Base expense ratio (Regular) | 0.00% | 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.
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund vs Zerodha Nifty LargeMidcap 250 Index Fund: Frequently Asked Questions
What is the difference between Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund and Zerodha Nifty LargeMidcap 250 Index Fund?
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund is an Index fund, Zerodha Nifty LargeMidcap 250 Index Fund is an Index fund, run by Zerodha Mutual Fund. Their portfolios overlap 100.1%. Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund charges 0.36% a year and Zerodha Nifty LargeMidcap 250 Index Fund 0.38%.
Which has given higher returns, Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund or Zerodha Nifty LargeMidcap 250 Index Fund?
Over 1 year: Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund −6.16%, Zerodha Nifty LargeMidcap 250 Index Fund −6.24%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund or Zerodha Nifty LargeMidcap 250 Index Fund?
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund charges less: 0.36% a year against 0.38%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund and Zerodha Nifty LargeMidcap 250 Index Fund overlap?
100.1%. 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, Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund or Zerodha Nifty LargeMidcap 250 Index Fund?
On SEBI's riskometer, Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund is rated Very High and Zerodha 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 Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund and Zerodha Nifty LargeMidcap 250 Index Fund?
Yes. 100.1% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund and Zerodha Nifty LargeMidcap 250 Index Fund?
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund: Kedarnath Mirajkar. Zerodha 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.