About Zerodha Nifty MidSmallcap400 50:50 Index Fund
Zerodha Nifty MidSmallcap400 50:50 Index Fund is a index fund managed by Zerodha Mutual Fund. Passively track a market index such as the Nifty 50 or Sensex, with low costs and returns close to the index.
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 | ₹11.3508 | 154306 |
Frequently asked questions
What is the NAV of Zerodha Nifty MidSmallcap400 50:50 Index Fund today?
The NAV of Zerodha Nifty MidSmallcap400 50:50 Index Fund (Direct plan, Growth) is ₹11.3508, as of 18 Sept 2026.
What returns has Zerodha Nifty MidSmallcap400 50:50 Index Fund given?
Over the last year the Direct plan returned –. Past returns do not guarantee future returns.
How much has Zerodha Nifty MidSmallcap400 50:50 Index Fund fallen in the past?
Its deepest fall was 4.5% from 8 May 2026 to 11 Jun 2026.
Which category does Zerodha Nifty MidSmallcap400 50:50 Index Fund belong to?
It is a Index Fund from Zerodha 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 Nifty MidSmallcap400 50:50 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.