Zerodha Nifty MidSmallcap400 50:50 Index Fund
Zerodha Mutual Fund · Index Fund · Direct plan, growth option
NAV (₹), 23 Oct 2026
10.1771
1-day change
-2.42%
1Y return
n/a
3Y CAGR
n/a
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 13 Apr 2026 to 23 Oct 2026
Returns vs Index Fund median (271 schemes) and “Mid cap index” median (18)
| Period | Scheme | Category median | Mid cap index median |
|---|---|---|---|
| 1 month | -10.7% | -7.4% | -10.2% |
| 3 months | -8.3% | -7.1% | -9.2% |
| 6 months | -4.0% | -5.8% | -6.6% |
| Year to date | n/a | -8.6% | -7.3% |
| 1 year | n/a | -8.2% | -5.9% |
| 3 years (CAGR) | n/a | 9.0% | 12.5% |
| 5 years (CAGR) | n/a | 6.3% | 12.6% |
| 7 years (CAGR) | n/a | 10.9% | 19.8% |
| 10 years (CAGR) | n/a | 11.0% | n/a |
| Since first NAV (CAGR) | 0.8% | – | – |
“Mid cap index” is MFIC's grouping of Index Fund schemes by the theme or index in their names, not an AMFI category.
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | n/a | 6.7% |
| 3Y rolling median | n/a | 15.9% |
| 3Y rolling worst | n/a | 7.6% |
| 3Y periods positive | n/a | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 13.6% |
| 5Y rolling worst | n/a | 5.6% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | n/a | 17.4% |
| Sharpe ratio | n/a | 0.16 |
| Sortino ratio | n/a | 0.23 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −12.0% | −18.8% |
| Maximum drawdown, last 10Y | n/a | −38.1% |
| Maximum drawdown, last 5Y | n/a | −18.0% |
| Current drawdown | −12.0% | −12.9% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 1 Oct 2026: TER reduced from 0.88% to 0.86% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Kedarnath Mirajkar | Primary | 23 May 2026 |
Objective: The primary goal is to provide returns that, before expenses, align with the total returns of the securities constituting the Nifty MidSmallcap400 50:50 Index, subject to tracking error There is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Securities covered by Nifty MidSmallcap400 50:50 Index: 95% to 100% Debt and Money market instruments*,cash and cash equivalents : 0% to 5%
Benchmark (tier 1): Nifty MidSmallcap400 50:50 Index - TRI
Minimum application: Rs. 100
Allotment date: 9 Apr 2026
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.86% | 0.47% |
| AUM, whole scheme (₹ crore) | 20 | 149 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 22 Oct 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|
Official benchmark: Nifty MidSmallcap400 50:50 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Index Fund Direct plans; how it is calculated.
Scheme facts
AMC: Zerodha Mutual Fund
Category: Index Fund
Plan / option: Direct · Growth
AMFI scheme code: 154306
ISIN: INF0R8F01190
First NAV in MFIC data: 13 Apr 2026
History: 0.5 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Questions about Zerodha Nifty MidSmallcap400 50:50 Index Fund
- What is the latest NAV of Zerodha Nifty MidSmallcap400 50:50 Index Fund?
- The NAV of the Direct plan (growth option) was ₹10.1771 on 23 Oct 2026, as published by AMFI.
- Which category is Zerodha Nifty MidSmallcap400 50:50 Index Fund in?
- It is classified as Index Fund in AMFI's daily NAV file; a Index Fund scheme passively tracks a stated index. MFIC compares it with 271 Index Fund schemes (Direct plans).
- What was the largest fall in Zerodha Nifty MidSmallcap400 50:50 Index Fund's NAV?
- The largest peak-to-trough fall in its available history was 12.0%.
- What is the expense ratio (TER) of Zerodha Nifty MidSmallcap400 50:50 Index Fund?
- The total expense ratio of the Direct plan is 0.86% a year, as disclosed to AMFI (median of Index Fund Direct plans: 0.47%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Zerodha Nifty MidSmallcap400 50:50 Index Fund?
- Assets under management of the whole scheme were ₹20 crore on 22 Oct 2026, as published by AMFI.
- What is the riskometer level of Zerodha Nifty MidSmallcap400 50:50 Index Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- Who manages Zerodha Nifty MidSmallcap400 50:50 Index Fund?
- According to its Scheme Summary Document, Zerodha Nifty MidSmallcap400 50:50 Index Fund is managed by Kedarnath Mirajkar (since 23 May 2026).
- What is the minimum investment in Zerodha Nifty MidSmallcap400 50:50 Index Fund?
- The minimum application amount is Rs. 100. SIP details: Rs. 100.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 23 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.