Zerodha CASE Nifty 50 Index Fund
Page methodology reviewed by Kshitij Jain, Principal Officer, NYVO Investment Advisor (INA000022172) · Data updated
NAV
₹9.83
as of 5 Nov 2026
Zerodha CASE Nifty 50 Index Fund is an open-ended Index Funds scheme from Zerodha Mutual Fund managing ₹75 crore (as of 30 Sept 2026). Its Direct-plan NAV is ₹9.83 as of 5 Nov 2026. The expense ratio is 0.29% a year. Managed by Kedarnath Mirajkar. This page is factual data only – it carries no rating and no recommendation.
What the fund data says
Zerodha CASE Nifty 50 Index Fund is a Direct-plan, growth-option Index Funds scheme managed by Zerodha Mutual Fund. It reported ₹75 crore in assets as of 30 Sept 2026. The scheme began on 14 Oct 2025. The named fund manager is Kedarnath Mirajkar.
The dated asset mix was 100.6% equity, 0.0% debt, -0.6% cash and 0.0% other as of 30 Sept 2026. Within the reported equity size split, exposure was 99.2% large-cap, 1.4% mid-cap, 0.0% small-cap and 0.0% other as of 30 Sept 2026. The portfolio reported 52 holdings, with the ten largest accounting for 52.6% as of 30 Sept 2026.
The Direct-plan expense ratio was 0.29% a year as of 31 Aug 2026. Its displayed SEBI Riskometer level was Very High Risk. These are historical, date-specific observations. They are not a rating, forecast or recommendation. Category comparisons use the category median over the same available period, while overlapping rolling windows are not independent probabilities.
Key facts
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 4 Nov 2026Benchmark: Nifty 50
Zerodha CASE Nifty 50 Index Fund
₹96
−4% on ₹100 over 1.1 yrs
Index Funds average
₹96
−4% on ₹100 over 1.1 yrs
Returns vs category
| Window | Fund | Category median | Gap |
|---|---|---|---|
| 3 months | -2.62% | -3.87% | +1.25 |
| 6 months | -0.05% | -0.69% | +0.64 |
| 1 year | -5.69% | -1.83% | -3.86 |
Category median across 25 funds, as of 4 Nov 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- -10.2%
- Median
- -9.3%
- Highest
- -8.3%
2 windows over the last 13 months, stepped monthly; 0% ended positive. Worst window began 14 Oct 2025. Windows overlap – this is the range of past start dates, not a probability of anything.
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Distance below its own peak
Every dip below 0 is the fund trading under a previous high – how deep and for how long is what a drawdown feels like.
Right now
-8.2% below peak
Where the money actually is
Equity
100.6%
Cash
-0.6%
Whole-portfolio split, as of 30 Sept 2026. The size split below covers only the equity slice of this.
What it owns
52 positions · top 10 = 52.6%
Market-cap mix (equity sleeve)
Large 99.2%Mid 1.4%
as of 30 Sept 2026
Holdings by sector
Financial Services(5 in top 10)37.7%
- HDFC Bank Ltd10.44%
- ICICI Bank Ltd9.10%
- State Bank of India3.81%
- Axis Bank Ltd3.39%
- Kotak Mahindra Bank Ltd2.95%
- Consumer Cyclical11.6%
Energy(1 in top 10)10.4%
- Reliance Industries Ltd7.63%
Industrials(1 in top 10)8.0%
- Larsen & Toubro Ltd4.23%
Technology(1 in top 10)7.6%
- Infosys Ltd3.37%
- Basic Materials7.3%
- Consumer Defensive5.5%
Communication Services(1 in top 10)5.1%
- Bharti Airtel Ltd5.13%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Sept 2026. Portfolio turnover 1.3% vs category 33.9% a year.
Other top holdings
- Net Receivable / Payable3.03%
Money in, money out
- Net flow, 12 months
- +₹79 cr
- Net flow, 3 months
- +₹15 cr
as of 30 Sept 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Zerodha CASE Nifty 50 Index Fund?
- ₹9.83 per unit as of 5 Nov 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Zerodha CASE Nifty 50 Index Fund?
- 0.29% a year for the Direct plan, as of 31 Aug 2026.
- How large is Zerodha CASE Nifty 50 Index Fund?
- ₹75 crore under management as of 30 Sept 2026, in the Index Funds category.
- How risky is Zerodha CASE Nifty 50 Index Fund?
- Its SEBI Riskometer reading is "Very High Risk". Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
- Who manages Zerodha CASE Nifty 50 Index Fund?
- Kedarnath Mirajkar, managing this fund for 1 year.
Where this fund sits
Fund house
Zerodha Mutual Fund funds →
Browse this AMC’s published funds, categories, assets and dated NAV links.
Its shelf, all funds
Ix · Index funds & ETFs →
Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
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What it costs
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What 0.29% a year takes from your SIP or lumpsum over time.
Your own return
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Other Index Funds funds
- UTI Nifty 50 Index Fund₹28,064 crore
- HDFC Nifty 50 Index Fund₹22,246 crore
- Zerodha CASE Nifty LargeMidcap 250 Index Fund₹1,569 crore
- Zerodha CASE ELSS Tax Saver Nifty LargeMidcap 250 Index Fund₹280 crore
- Axis Nifty500 Quality 50 Index Fund₹76 crore
- kotak BSE PSU Index Fund₹76 crore
- Kotak Nifty 50 Equal Weight Index Fund₹71 crore
- Tata Nifty G-Sec Dec 2026 Index Fund₹71 crore
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty 50) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.