Fund Details
Nippon India Large Cap Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.00% |
| NAV | ₹38.24 (04 Dec 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹9,677 Cr |
Fund Overview
Returns
as per Historical Returns
Comparison
1. Lower expense ratio - 1.02%
1. Risk-adjusted returns are lower compared to the category
2. 1Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
4. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.1% |
| Infosys Ltd. | Technology | Equity | 7.5% |
| Bharti Airtel Ltd. | Communication | Equity | 6.3% |
| ICICI Bank Ltd. | Financial | Equity | 6.1% |
| State Bank of India | Financial | Equity | 5.1% |
| ITC Ltd. | FMCG | Equity | 5.0% |
| 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% |
Fund Managers
Nippon India Large Cap Fund Direct Growth Details
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.
Investment Objective
The scheme seeks to generate long term capital appreciation by investing predominantly into equity and equity related instruments of large cap companies.
Tax Implications
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.
