About Zerodha CASE ELSS Tax Saver Nifty LargeMidcap 250 Index Fund
Zerodha CASE ELSS Tax Saver Nifty LargeMidcap 250 Index Fund is a index fund managed by Zerodha CASE Mutual Fund. Passively track a market index such as the Nifty 50 or Sensex, with low costs and returns close to the index.
The investment objective of the scheme is to invest in stocks comprising the Nifty LargeMidcap 250 Index in the same proportion as in the index to achieve returns equivalent to the Total Return Index of Nifty LargeMidcap 250 Index (subject to tracking error), while offering deduction on such investment made in the scheme under Section 80C of the Income-tax Act, 1961.
The scheme's stated objective, as published by Zerodha CASE Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth Option | ₹14.6155 | 152157 |
Frequently asked questions
What is the NAV of Zerodha CASE ELSS Tax Saver Nifty LargeMidcap 250 Index Fund today?
The NAV of Zerodha CASE ELSS Tax Saver Nifty LargeMidcap 250 Index Fund (Direct plan, Growth) is ₹14.6155, as of 13 Nov 2026.
What returns has Zerodha CASE ELSS Tax Saver Nifty LargeMidcap 250 Index Fund given?
Over the last year the Direct plan returned 1.26%, and 13.3% a year over 3 years. That places it 36 of 167 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of Zerodha CASE ELSS Tax Saver Nifty LargeMidcap 250 Index Fund?
The Direct plan charges 0.34% a year, as disclosed on 30 Sept 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Zerodha CASE ELSS Tax Saver Nifty LargeMidcap 250 Index Fund?
You can start a monthly SIP with ₹500, or invest a lump sum of ₹500 or more.
How much has Zerodha CASE ELSS Tax Saver Nifty LargeMidcap 250 Index Fund fallen in the past?
Its deepest fall was 18.7% from 26 Sept 2024 to 28 Feb 2025. Of every one-year stretch in its history, 85% ended in a gain.
Which category does Zerodha CASE ELSS Tax Saver Nifty LargeMidcap 250 Index Fund belong to?
It is a Index Fund from Zerodha CASE Mutual Fund. Passively track a market index such as the Nifty 50 or Sensex, with low costs and returns close to the index.
How are gains from Zerodha CASE ELSS Tax Saver Nifty LargeMidcap 250 Index Fund taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.