Nippon India Large Cap Fund Direct Growth
Equity
Direct
Large-Cap
NAV as on 19-12-2024
₹ 97.43
1D
Inception Returns
17.2%
/yr
About Nippon India Large Cap Fund Direct Growth
Nippon India Large Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Bhavik Dave, Kinjal Desai, Sailesh Raj Bhan. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Large Cap Fund Direct Growth has ₹35313 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
Nippon India Large Cap Fund Direct Growth has given a CAGR return of 17.20% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.39%, 22.69% and 20.82% respectively.
Holdings
Nippon India Large Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Consumer Defensive, Energy, Utilities, Health, Basic Materials, Communication. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, ITC Ltd, Infosys Ltd
Taxation
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.
Investment objective of Nippon India Large Cap Fund Direct Growth
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 and lockin period
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.
Historical NAV & Returns
Annualised
▲
▼
217875 people have invested ₹ 68.3Cr in Nippon India Large Cap Fund Direct Growth in the last three months
INDmoney Rank for Nippon India Large Cap Fund Direct Growth
Powered by IND quant engine
4
/19
88% Performance
52% Risk Management
74% Cost
4 out of 19 among large-cap
Generated Consistent Returns
Lower probablity of downside risk
Outperformed benchmarks during bull run
Highly volatile within category
Nippon India Large Cap Fund Direct Growth Overview
| Expense ratio | 0.66% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹35313 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 34.5% |
| STCG | Selling mutual fund 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 |
Trailing Returns
as on (19-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
81.8%
Mid cap
8.4%
Small cap
6.9%
Sector Allocation
Financial Services
36%
Consumer Cyclical
11.2%
Industrial
10.7%
Tech
10.3%
Consumer Defensive
9.6%
Energy
6.2%
Utilities
5.2%
Health
4.8%
Basic Materials
4.6%
Communication
1.4%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 0.35% whereas the fund’s underlying benchmark Nifty 100 returns stands at -0.52% as on Nov'24
- This fund outperformed Nifty 100 by 0.87% in Nov'24
- AUM of the fund stands at 35.3K Cr as of Nov'24
- AUM increased by 1.2K Cr between Nov'24 and Oct'24
Top Stocks bought last month
GE Vernova T&D India Ltd's allocation increased from 2.14% to 2.5%
Indian Hotels Co Ltd's allocation increased from 1.47% to 1.66%
Zomato Ltd's allocation increased from 1.42% to 1.59%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 9.64 % to 9.63 %
ICICI Bank Ltd's allocation decreased from 6.44 % to 6.26 %
Reliance Industries Ltd's allocation decreased from 5.7 % to 5.44 %
Large Cap allocation has gone down from 83.2% to 81.8%
Small Cap allocation has gone up from 6.6% to 6.9%
Mid Cap allocation has gone down from 8.5% to 8.4%
Cash allocation has gone down from 1.2% to 1.2%
Top 3 Sectors in November were Financial Services, Consumer Cyclical & Industrial
Nov'24
Financial Services
36%
Consumer Cyclical
11%
Industrial
11%
Oct'24
Financial Services
36%
Consumer Cyclical
11%
Industrial
10%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 9.63% | 0% | |
 ICICI Bank Ltd | 6.26% | 0% | |
 Reliance Industries Ltd | 5.44% | 1.8% | |
 ITC Ltd | 5.1% | 0% | |
 Infosys Ltd | 4.47% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Indian Hotels Co Ltd | 16.9% |
 Infosys Ltd | 8.5% |
 HDFC Bank Ltd | 3.9% |
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Bhavik Dave
Fund Manager of Nippon India Large Cap Fund Direct Growth, since 19 August 2024
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Large Cap Fund Direct Growth, since 25 May 2018
Top funds managed
Sailesh Raj Bhan
Fund Manager of Nippon India Large Cap Fund Direct Growth, since 8 August 2007
Top funds managed
Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹4.26L Cr
as on 29-Nov-2024
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Website
customercare@nipponindiaim.in
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 31.2% growth in AUM moving from 26.92K Cr to 35.31K Cr.
This fund expense ratio is slightly on the lower side within the category (large-cap). Its expense ratio is 0.66% which is lower than the category average expense ratio of 0.76%.
Over the last 1 year, this fund has decreased expense ratio by 23.3% moving from 0.86 to 0.66.
In the last 5 years, this fund has outperformed all funds in its category.
In the last 3 years, this fund has outperformed all funds in its category.
In the last 1 year, Invesco India largecap Fund Direct Plan Growth has given 26.47% return, outperforming this fund by 4.07%.
Nippon India Large Cap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 17.2% since inception which is more than its category average return of 13.49%
Fund Allocations
This fund has an allocation of 98.77% in Equity, 0% in Debt and 1.23% in Cash related instruments
AUM size ₹35313 Cr
This fund has AUM of ₹35313 Cr which is more than its category average of ₹ 7030 Cr
Expense Ratio 0.66%
This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.3%
Frequently Asked Questions for Nippon India Large Cap Fund Direct Growth
The current NAV of Nippon India Large Cap Fund Direct Growth is ₹97.43 as on 19-Dec-2024.
Existing (Absolute + CAGR) as on 19-Dec-2024.
Nippon India Large Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.54% | 3.54% |
6 Month Returns | 4.11% | 4.11% |
1 Year Returns | 22.39% | 22.39% |
3 Years Returns | 84.68% | 22.69% |
5 Years Returns | 157.42% | 20.82% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.66% as on November 2024
₹35313 Cr as on November 2024
HDFC Bank Ltd(9.63%), ICICI Bank Ltd(6.26%), Reliance Industries Ltd(5.44%), ITC Ltd(5.1%), Infosys Ltd(4.47%) as on November 2024
Financial Services(35.56%), Consumer Cyclical(11.05%), Industrial(10.55%) as on November 2024
The alpha ratio for the Nippon India Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Large Cap Fund Direct Growth | 6.44 | 6.55 | 2.48 |
As on November 2024
The alpha for Nippon India Large Cap Fund Direct Growth is calculated against S&P BSE 100 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Nippon India Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Large Cap Fund Direct Growth | 0.89 | 0.94 | 1.05 |
As on November 2024
The Beta for Nippon India Large Cap Fund Direct Growth is calculated with S&P BSE 100 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Nippon India Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Large Cap Fund Direct Growth | 1.81 | 1.21 | 0.79 |
As on November 2024
The sharpe ratio for Nippon India Large Cap Fund Direct Growth is calculated with S&P BSE 100 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Nippon India Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Large Cap Fund Direct Growth | 11.6 | 12.59 | 20.21 |
As on November 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.37 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 2.3 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Bhavik Dave, Kinjal Desai, Sailesh Raj Bhan are the fund managers of Nippon India Large Cap Fund Direct Growth
The Exit load of Nippon India Large Cap Fund Direct Growth is 1%