Zerodha Hybrid Index Fund NFO Closes Today, April 15, 2026

Zerodha Mutual Fund’s latest new fund offer is scheduled to close on April 15, 2026. The scheme is an open-ended, passive, hybrid index fund that follows a defined 70:30 allocation between equity and debt.

It tracks the Nifty LargeMidcap 250 Index on the equity side and government securities with maturities of 8–13 years on the debt side. The fund is positioned as a rules-based product with no active stock or bond selection.

Overview of the Fund Structure

The Zerodha Nifty LargeMidcap250 Plus 8-13 Yr G-Sec 70:30 Index Fund follows a fixed hybrid allocation model. It invests 70% of its corpus in equities represented by the Nifty LargeMidcap 250 Index, offering exposure to both large-cap and mid-cap companies.

The remaining 30% is allocated to government securities with maturities between 8 and 13 years, which are considered sovereign-backed instruments. This structure aims to balance equity-driven growth with debt-led stability.

Details of the NFO and Investment Terms

The new fund offer opened on April 1, 2026, and closes on April 15, 2026. During the NFO period, investors can participate with a minimum investment of ₹100 and additional investments in multiples of ₹1.

The scheme is available only under the Direct Plan with a Growth Option. No regular plan is offered, keeping the structure aligned with a passive, low-cost approach.

Benchmark and Fund Management Approach

The benchmark for the scheme is the Nifty LargeMidcap250 Plus 8-13 Yr G-Sec 70:30 Index. The fund seeks to mirror the composition and performance of this benchmark, subject to tracking error.

As a passive fund, portfolio changes are driven by index rebalancing rather than discretionary decisions. The scheme is managed by Mr. Kedarnath Mirajkar, who oversees execution in line with index methodology.

Investment Objective and Risk Profile

The stated objective of the fund is to generate returns that closely correspond to the performance of its underlying benchmark. By combining equities and government securities, the fund is structured to experience lower volatility than a pure equity index fund.

Interest rate movements may influence the debt portion, particularly due to the longer maturity profile of the government securities. Equity market fluctuations will continue to impact overall returns due to the significant equity allocation.

Read More: Mutual Fund SIP Stoppage Ratio Hits Over 100% in March.

Conclusion

The Zerodha Nifty LargeMidcap250 Plus 8-13 Yr G-Sec 70:30 Index Fund completes its NFO phase on April 15, 2026. It offers a predefined hybrid allocation through a passive investment structure.

The scheme tracks a blended index combining equities and sovereign debt instruments. Its design reflects a rule-based approach without active management decisions.

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.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.