This is based on The Legend of Zelda for the NES, though really, it could represent any game in the series. The only thing about it that's REALLY specific to LoZ is the red outfit (due to the Red Ring) and the Silver Arrows, and even those could be based on A Link to the Past. However, I wanted it that way because LoZ was what made the series what it is, and every game since has drawn from it. Looking back, it doesn't do a lot to distinguish itself from the rest of the series, but back in the day, it was completely original.
All rights to Zelda belong to Nintendo.