|Min SIP Amount||₹100|
|NAV||₹38.24 (04 Dec 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹9,677 Cr|
|HDFC Bank Ltd.||Financial||Equity||8.1%|
|Bharti Airtel Ltd.||Communication||Equity||6.3%|
|ICICI Bank Ltd.||Financial||Equity||6.1%|
|State Bank of India||Financial||Equity||5.1%|
|Axis Bank Ltd.||Financial||Equity||4.8%|
|Reliance Industries Ltd.||Energy||Equity||3.8%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.7%|
|HCL Technologies Ltd.||Technology||Equity||3.5%|
Nippon India Large Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Ashwani Kumar, Sailesh Raj Bhan is the Current Fund Manager of Nippon India Large Cap Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹9,677 Cr and the Latest NAV as of 04 Dec 2020 is ₹38.24.
The Nippon India Large Cap Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100. Exit load of 1% if redeemed within 7 days.
The scheme seeks to generate long term capital appreciation by investing predominantly into equity and equity related instruments of large cap companies.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.