Equity
Direct
Large-Cap
NAV as on 04-09-2024
₹ 99.21
▲0.2%
1D
Inception Returns
17.9%
/yr
Nippon India Large Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sailesh Raj Bhan, Kinjal Desai, Ashutosh Bhargava. The fund could potentially beat inflation in the long-run.
Nippon India Large Cap Fund Direct Growth has given a CAGR return of 17.90% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 39.67%, 23.73% and 24.77% respectively.
Nippon India Large Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Consumer Defensive, Industrial, Tech, Energy, Utilities, Basic Materials, Health, Communication. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ITC Ltd, ICICI Bank Ltd, Infosys Ltd
As it is a large-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
The primary investment objective of the scheme is to seek to generate long term capital appreciation by investing predominantly into equity and equity related instruments of large cap companies. The secondary objective is to generate consistent returns by investing in debt, money market securities, REITs and InvITs. However, there can be no assurance that the investment objective of the Scheme will be realized.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Nippon India Large Cap Fund Direct Growth has no lock in period.
Expense ratio | 0.68% |
Benchmark | S&P BSE 100 India TR INR |
AUM | ₹31801 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 34.5% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (04-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Consumer Cyclical & Industrial
Nippon India Large Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.3% | 1.3% |
6 Month Returns | 16.76% | 16.76% |
1 Year Returns | 39.67% | 39.67% |
3 Years Returns | 89.41% | 23.73% |
5 Years Returns | 202.35% | 24.77% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Large Cap Fund Direct Growth | 4.18 | 6.27 | 2.43 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Large Cap Fund Direct Growth | 0.94 | 0.96 | 1.06 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Large Cap Fund Direct Growth | 2.69 | 1.36 | 0.94 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Large Cap Fund Direct Growth | 10.45 | 12.41 | 20.09 |