Zerodha Nifty LargeMidcap 250 Index Fund
Page methodology reviewed by Kshitij Jain, Principal Officer, NYVO Investment Advisor (INA000022172) · Data updated
NAV
₹14.29
as of 5 Nov 2026
Zerodha Nifty LargeMidcap 250 Index Fund is an open-ended Index Funds scheme from Zerodha Mutual Fund managing ₹1,569 crore (as of 30 Sept 2026). Its Direct-plan NAV is ₹14.29 as of 5 Nov 2026. The expense ratio is 0.36% 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 Nifty LargeMidcap 250 Index Fund is a Direct-plan, growth-option Index Funds scheme managed by Zerodha Mutual Fund. It reported ₹1,569 crore in assets as of 30 Sept 2026. The scheme began on 8 Nov 2023. The named fund manager is Kedarnath Mirajkar.
The dated asset mix was 100.1% equity, 0.0% debt, -0.1% cash and 0.0% other as of 30 Sept 2026. Within the reported equity size split, exposure was 52.0% large-cap, 46.8% mid-cap, 1.3% small-cap and 0.0% other as of 30 Sept 2026. The portfolio reported 252 holdings, with the ten largest accounting for 21.3% as of 30 Sept 2026.
Its trailing three-year annualised return was 11.9% versus a category median of 11.8%. Across 1 overlapping three-year windows, the weakest annualised result was 11.0% for the window beginning 8 Nov 2023; 100.0% of those overlapping windows ended positive. The Direct-plan expense ratio was 0.36% 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 LargeMidcap 250
Zerodha Nifty LargeMidcap 250 Index Fund
₹140
+40% on ₹100 over 3.0 yrs
Index Funds average
₹110
+10% on ₹100 over 3.0 yrs
Returns vs category
| Window | Fund | Category median | Gap |
|---|---|---|---|
| 3 months | -4.49% | -4.63% | +0.14 |
| 6 months | -1.73% | -2.02% | +0.29 |
| 1 year | -2.05% | -2.64% | +0.59 |
| 3 years (CAGR) | 11.90% | 11.85% | +0.05 |
No category median is available for this fund. 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
- -4.8%
- Median
- 6.0%
- Highest
- 33.1%
25 windows over the last 36 months, stepped monthly; 76% ended positive. Worst window began 3 Nov 2025. Windows overlap – this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 11.0%
- Median
- 11.0%
- Highest
- 11.0%
1 windows over the last 36 months, stepped monthly; 100% ended positive. Worst window began 8 Nov 2023. 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
-4.8% below peak
Where the money actually is
Equity
100.1%
Cash
-0.1%
Whole-portfolio split, as of 30 Sept 2026. The size split below covers only the equity slice of this.
What it owns
252 positions · top 10 = 21.3%
Market-cap mix (equity sleeve)
Large 52.0%Mid 46.8%Small 1.3%
as of 30 Sept 2026
Holdings by sector
Financial Services(4 in top 10)29.4%
- HDFC Bank Ltd4.22%
- ICICI Bank Ltd3.68%
- State Bank of India1.54%
- Axis Bank Ltd1.37%
Industrials(1 in top 10)12.2%
- Larsen & Toubro Ltd1.71%
- Consumer Cyclical12.1%
- Healthcare9.0%
- Basic Materials8.8%
Technology(1 in top 10)7.9%
- Infosys Ltd1.36%
Energy(1 in top 10)5.6%
- Reliance Industries Ltd3.08%
- Consumer Defensive5.4%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Sept 2026. Portfolio turnover 13.4% vs category 33.9% a year.
Other top holdings
- Bharti Airtel Ltd2.07%
- Net Receivable / Payable1.30%
- Clearing Corporation Of India Limited1.22%
Money in, money out
- Net flow, 12 months
- +₹479 cr
- Net flow, 3 months
- +₹149 cr
as of 30 Sept 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Zerodha Nifty LargeMidcap 250 Index Fund?
- ₹14.29 per unit as of 5 Nov 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Zerodha Nifty LargeMidcap 250 Index Fund?
- 0.36% a year for the Direct plan, as of 31 Aug 2026.
- How large is Zerodha Nifty LargeMidcap 250 Index Fund?
- ₹1,569 crore under management as of 30 Sept 2026, in the Index Funds category.
- How risky is Zerodha Nifty LargeMidcap 250 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.
- What is the worst 3-year return of Zerodha Nifty LargeMidcap 250 Index Fund?
- 11.0% a year – the weakest of 1 overlapping 3-year holding periods, beginning 8 Nov 2023. The median was 11.0% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Zerodha Nifty LargeMidcap 250 Index Fund?
- Kedarnath Mirajkar, managing this fund for 2.9 years.
Where this fund sits
Fund house
Zerodha Mutual Fund funds →
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Its shelf, all funds
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Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
The money map
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Side by side
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What it costs
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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 LargeMidcap 250) 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.