Zerodha Nifty Large Midcap250 Plus 8-13 yr G-Sec 70:30 Index Fund

1. What is the investment objective? 

The Scheme is a passively managed index fund that replicates the Nifty Large Midcap250 Plus 8-13 yr G-Sec 70:30 Index, subject to tracking error.There is no assurance that the investment objective of the Scheme will be achieved.

2. What is the Asset Allocation? 

Under normal circumstances, 95% to 100% is invested in securities covered by the underlying Index, and 0% to 5% is held in Debt and Money Market instruments, cash and cash equivalents.

3. How does the 70:30 split work in the portfolio?

The fund allocates 70% of its weight to the Nifty LargeMidcap 250 Index (equity) and 30% to the Nifty 8-13 yr G-Sec Index (debt). The weights are reset to these predefined levels on a monthly basis to account for asset price movements.

4. What is the Risk-o-meter rating? 

Both the Scheme and the Benchmark are categorized as Very High Risk.

5. What is the minimum application amount? 

During the NFO and on a continuous basis, the minimum is ₹100 and in multiples of any amount thereafter.

6. Are there any entry or exit loads applicable?

There is no entry load and no exit load for this scheme.

7. What is the taxation of this Scheme?

The Scheme is categorized as equities for tax purposes. The scheme is categorised as equity for tax purposes (since equity allocation stays above 65%). Gains held for more than 12 months are taxed at 12.5% (LTCG). Gains within 12 months are taxed at 20% (STCG). Plus applicable surcharge and 4% cess.