Zerodha CASE Nifty MidSmallcap400 50:50 Index Fund
Page methodology reviewed by Kshitij Jain, Principal Officer, NYVO Investment Advisor (INA000022172) · Data updated
NAV
₹10.96
as of 5 Nov 2026
Zerodha CASE Nifty MidSmallcap400 50:50 Index Fund is an open-ended Index Funds scheme from Zerodha Mutual Fund managing ₹19 crore (as of 30 Sept 2026). Its Direct-plan NAV is ₹10.96 as of 5 Nov 2026. The expense ratio is 0.9% 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 MidSmallcap400 50:50 Index Fund is a Direct-plan, growth-option Index Funds scheme managed by Zerodha Mutual Fund. It reported ₹19 crore in assets as of 30 Sept 2026. The scheme began on 9 Apr 2026. The named fund manager is Kedarnath Mirajkar.
The dated asset mix was 98.9% equity, 0.0% debt, 1.1% cash and 0.0% other as of 30 Sept 2026. Within the reported equity size split, exposure was 2.9% large-cap, 47.2% mid-cap, 48.8% small-cap and 1.2% other as of 30 Sept 2026. The portfolio reported 400 holdings, with the ten largest accounting for 23.4% as of 30 Sept 2026.
The Direct-plan expense ratio was 0.90% 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 Midcap 150 TR INR
Zerodha CASE Nifty MidSmallcap400 50:50 Index Fund
₹98
−2% on ₹100
Index Funds average
₹99
−1% on ₹100
Returns vs category
| Window | Fund | Category median | Gap |
|---|---|---|---|
| 3 months | -5.74% | -3.85% | -1.89 |
| 6 months | -1.99% | 0.34% | -2.33 |
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.
Do your funds already hold the same stocks?
Bring all your mutual funds into one view via MF Central or Account Aggregator, and spot overlapping schemes and sector or AMC concentration. This is not a recommendation to buy any scheme.
Free to download · advisory ₹999 a year · SEBI-registered Investment Adviser (INA000022172)
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
-6.5% below peak
Where the money actually is
Equity
98.9%
Cash
1.1%
Whole-portfolio split, as of 30 Sept 2026. The size split below covers only the equity slice of this.
What it owns
400 positions · top 10 = 23.4%
Market-cap mix (equity sleeve)
Large 2.9%Mid 47.2%Small 48.8%Other 1.2%
as of 30 Sept 2026
Holdings by sector
Financial Services(2 in top 10)21.5%
- Multi Commodity Exchange of India Ltd1.04%
- The Federal Bank Ltd0.97%
- Industrials17.4%
Consumer Cyclical(3 in top 10)13.3%
- Sona BLW Precision Forgings Ltd0.84%
- Hero MotoCorp Ltd0.84%
- Indian Hotels Co Ltd0.78%
Healthcare(1 in top 10)11.6%
- Laurus Labs Ltd0.95%
Basic Materials(1 in top 10)11.1%
- Welspun Corp Ltd0.81%
Technology(1 in top 10)9.3%
- One97 Communications Ltd0.89%
- Consumer Defensive3.9%
- Real Estate3.6%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Sept 2026.
Other top holdings
- Clearing Corporation Of India Limited8.70%
- Net Receivable / Payable7.61%
Money in, money out
- Net flow, 3 months
- +₹10 cr
as of 30 Sept 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Zerodha CASE Nifty MidSmallcap400 50:50 Index Fund?
- ₹10.96 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 MidSmallcap400 50:50 Index Fund?
- 0.9% a year for the Direct plan, as of 31 Aug 2026.
- How large is Zerodha CASE Nifty MidSmallcap400 50:50 Index Fund?
- ₹19 crore under management as of 30 Sept 2026, in the Index Funds category.
- How risky is Zerodha CASE Nifty MidSmallcap400 50:50 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 MidSmallcap400 50:50 Index Fund?
- Kedarnath Mirajkar, managing this fund for 0.5 years.
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
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
What it costs
See this expense ratio in rupees →
What 0.9% a year takes from your SIP or lumpsum over time.
Your own return
Calculate your XIRR →
A fund’s return isn’t yours. Enter your SIP dates to see what your money actually earned.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
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
- Zerodha CASE BSE SENSEX Index Fund₹19 crore
- BANDHAN NIFTY BANK INDEX FUND₹19 crore
- NAVI BSE SENSEX INDEX FUND₹18 crore
- DSP Nifty Midcap 150 Index Fund₹18 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 Midcap 150 TR INR) 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.