Produced by: Basudha Das Designed by: Mohsin Shaikh
Zerodha Mutual Fund recently announced the launch of the Zerodha Nifty LargeMidcap 250 Index Fund. The scheme opened for public subscription on October 20, 2023, and will close on November 03, 2023
Zerodha Nifty LargeMidcap 250 Index Fund will be benchmarked against the Nifty LargeMidcap 250 Index TRI (Total Returns Index). The Index Fund is an open-ended scheme replicating Nifty LargeMidcap 250 Index
Zerodha Nifty LargeMidcap 250 Index Fund will adopt a passive investment strategy and will endeavour to invest in stocks in proportion to the weightage of the stocks in the Nifty LargeMidcap 250 Index
The minimum application amount for Zerodha NIFTY LargeMidcap 250 Index Fund is Rs 100
The Nifty LargeMidcap 250 reflects the performance of a portfolio of 100 large cap and 150 mid cap companies listed on NSE, represented through the Nifty 100 and the Nifty Midcap 150 index, respectively
Nifty LargeMidcap 250 aggregate weight of large cap stocks and mid cap stocks is 50 per cent each and are reset on a quarterly basis
Edelweiss NIFTY Large Mid Cap 250 Index Fund has 99.84% investment in domestic equities of which 43.36% is in Large Cap stocks, 28.99% is in Mid Cap stocks, 8.61% in Small Cap stocks
Edelweiss NIFTY Large Mid Cap 250 Index Fund has given returns of 13.82% in last 1-year vs Nifty LargeMidcap 250 TRI return of 14.25%. Since launch, it has delivered 9.22% average annual returns. The fund was launched in 2021
Edelweiss NIFTY Large Mid Cap 250 Index Fund has mainly invested in Financial, Technology, Energy, Automobile, Healthcare sectors. Its net asset value is Rs 11.83, as of October 31, 2023
Edelweiss NIFTY Large Mid Cap 250 Index Fund's top 5 holdings are in HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, ITC Ltd