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Zerodha Nifty MidSmallcap400 50:50 Index Fund - Direct Plan - Growth Option
TopFund Score: 54/100 · Average
How this score is calculated
- Star rating (35%)—
- 3Y CAGR (30%)—
- Expense ratio (20%)0.88%
- AUM (15%)₹17 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Zerodha Mutual Fund · Equity · Mid Cap
₹11.4
AUM: ₹17 Cr
NAV updated 6 days ago
Plan
Direct
Option
Growth
Risk
Very High
Expense Ratio
0.88%
Exit Load
Nil
Fund Manager
Kedarnath Mirajkar
Inception
Apr 2026
Benchmark
Nifty MidSmallcap400 50:50 Total Return Index
Sharpe Ratio
1.83
Std Dev (1Y)
13.48%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-1.01%
3m
+2.16%
6m
—
1y
—
3y
—
5y
—
10y
—
since inception
+12.46%
TopFund's Take on Zerodha Nifty MidSmallcap400 50:50 Index Fund - Direct Plan - Growth Option
Zerodha Nifty MidSmallcap400 50:50 Index Fund - Direct Plan - Growth Option sits in the middle of the pack for Mid Cap funds. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 54/100.
Cost: At 0.88%, the expense ratio runs 14% above the Mid Cap category average of 0.77%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a strong Sharpe ratio of 1.83 — the fund has generated solid returns relative to the volatility it exposed investors to. Separately, annualised volatility of 13.48% is fairly typical for Mid Cap funds.
Who should invest: This fund is best suited to investors with a 5+ year horizon comfortable with meaningfully higher volatility than large cap funds. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Zerodha Nifty MidSmallcap400 50:50 Index Fund - Direct Plan - Growth Option
The current NAV (Net Asset Value) of Zerodha Nifty MidSmallcap400 50:50 Index Fund - Direct Plan - Growth Option is ₹11.4. NAV is updated every business day after market close by AMFI.
Return data is not yet available for this fund.
The expense ratio of Zerodha Nifty MidSmallcap400 50:50 Index Fund - Direct Plan - Growth Option is 0.88% per annum. This is the annual fee charged by the fund to manage your investment.
Zerodha Nifty MidSmallcap400 50:50 Index Fund - Direct Plan - Growth Option is managed by Kedarnath Mirajkar at Zerodha Mutual Fund.
Zerodha Nifty MidSmallcap400 50:50 Index Fund - Direct Plan - Growth Option is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
Yes, Zerodha Nifty MidSmallcap400 50:50 Index Fund - Direct Plan - Growth Option is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
You can start a SIP in Zerodha Nifty MidSmallcap400 50:50 Index Fund - Direct Plan - Growth Option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Zerodha Nifty MidSmallcap400 50:50 Index Fund - Direct Plan - Growth Option is ₹17 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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