NFO Alert: Zerodha Mutual Fund Launches Nifty LargeMidcap250 Plus 8-13 Yr G-Sec 70:30 Index Fund

Zerodha Mutual Fund has launched a new open-ended scheme under the aggressive hybrid category. The new fund offer (NFO) opens on 1 April 2026 and will close on 15 April 2026.  

The scheme is available under the direct plan with a growth option. There is no lock-in period, and no exit load has been specified. 

Investment Mandate 

The scheme seeks to passively replicate the Nifty LargeMidcap250 Plus 8-13 Year G-Sec 70:30 Index. It does not follow an active investment approach.  

Portfolio construction is aligned with the underlying index, with adjustments made only to manage tracking error and operational requirements. 

Asset Allocation Structure 

The index being tracked allocates 70% to equities and 30% to government securities. The equity portion is drawn from the Nifty LargeMidcap 250 Index, which includes a mix of large-cap and mid-cap stocks.  

The debt allocation consists of Government of India securities with maturities ranging between 8 and 13 years, reflecting a defined duration profile. 

Risk Profile and Benchmark 

The scheme is classified under the “Very High” risk category as per the riskometer. The equity exposure contributes to market-linked volatility, while the fixed income portion carries interest rate risk due to longer maturity securities.  

The scheme’s performance will be measured against the Nifty LargeMidcap250 Plus 8-13 Year G-Sec 70:30 Index. 

Operational Details 

The minimum investment amount is set at ₹100. The fund is managed by Kedarnath Mirajkar. Registrar and transfer services are handled by Computer Age Management Services Limited.  

The structure remains standard for index funds, with no additional features or overlays indicated. 

Read More: Equity Mutual Fund Inflows Drop 27% in FY26 as Investors Turn to Safer Options! 

Conclusion 

The scheme provides exposure to a predefined mix of equities and government bonds through an index-based approach. Its design follows a fixed allocation framework without active selection of securities. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Mutual Fund Investments are subject to market risks, read all the related documents carefully before investing.