EquityLarge Cap FundRegularVery High

Nippon India Large Cap Fund

Q: What is the NAV of Nippon India Large Cap Fund?

The last published NAV of Nippon India Large Cap Fund was ₹34.14 per unit, on 03 Mar 2020. The scheme has not published a NAV since then — it has likely been merged, wound up or discontinued, so this figure is historical, not a current price.

Q: What is the expense ratio of Nippon India Large Cap Fund?

Nippon India Large Cap Fund charges an expense ratio of 1.64% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Nippon India Large Cap Fund?

Nippon India Large Cap Fund's largest holdings are HDFC Bank Ltd (9.1%), ICICI Bank Ltd (7.2%), Axis Bank Ltd (4.8%), Reliance Industries Ltd (4.2%) and Infosys Ltd (3.6%). Holdings are disclosed monthly and change over time.

Q: How risky is Nippon India Large Cap Fund?

Nippon India Large Cap Fund is rated very high on SEBI's risk-o-meter and its worst peak-to-trough fall in our sample was -56.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of Nippon India Large Cap Fund?

Nippon India Large Cap Fund is benchmarked against the BSE 100 Total Return Index. Its alpha and beta on this page are measured against that index.

Q: Who manages Nippon India Large Cap Fund?

Nippon India Large Cap Fund is managed by Kinjal Desai, Sailesh Raj Bhan and Bhavik Dave at Nippon India.

Q: How is Nippon India Large Cap Fund taxed?

Nippon India Large Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

Nippon India Mutual Fund · Best Large Cap Mutual Funds

This is the Regular plan of Nippon India Large Cap Fund — bought through a distributor, whose commission is paid out of its expense ratio.

NAV

₹34.14

as of 03 Mar 2020

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This scheme hasn’t published a NAV since 03 Mar 2020 — it appears to have been discontinued or merged. Trailing return and risk metrics need recent pricing, so they can’t be computed; only the NAV history and lifetime drawdown are shown below.

Performance

-1.47%absolute

52-week rangePrev NAV ₹33.58

Latest ₹34.14

Low ₹31.9835th percentile of its 52-week rangeHigh ₹38.20

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.

Performance—

Not enough Large Cap Fund peers to rank yet

Risk—

Volatility not available yet

CostLow

1.6% expense vs 2.2% category avg

ConsistencyHigh

98% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Low expense ratio (1.64%) vs the Large Cap Fund average of 2.22%
Consistent — positive in 98% of rolling 3-year windows

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

Category 2.22%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

Category 22.02

Excess return per unit of total volatility (rf = 6.5%)

—

Category 0.12

Scheme Info

Definitions

Plan

Regular

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

Exit Load

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Smallest recurring SIP instalment the scheme accepts

Smallest one-time (lumpsum) investment the scheme accepts

Benchmark

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

14 Aug 2007

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

—

Absolute return over the last 3 months (not annualized)

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Absolute return over the last 6 months (not annualized)

—

Absolute return since 1 Jan of this year (not annualized)

—

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the fund's inception

—

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

—

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-56.80%

Benchmark ratios (vs Nifty 100 · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 100

—

Sensitivity to Nifty 100 moves; 1 = moves with the index

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How much of the fund's movement Nifty 100 explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

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Fund's share of benchmark losses in down months (lower is better)

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Computed vs the Nifty 100 price index — the closest match to this fund's mandate. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹7.00L

Absolute

+16.74%

XIRR

+6.33%

Value vs. invested

60 monthly installments of ₹10,000 into Nippon India Large Cap Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 100	Diff
2020part	-7.66%	—	—
2019	+7.47%	+10.42%	-2.95%
2018	0.00%	+1.14%	-1.14%
2017	+38.70%	+31.05%	+7.65%
2016	+2.44%	—	—
2015	+1.34%	—	—
2014	+54.95%	—	—
2013	+4.35%	—	—
2012	+41.24%	—	—
2011	-26.30%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

3,085

Expense ratio

1.64%

AUM

₹51,621Cr

Portfolio turnover

70%

Exit load

1% if redeemed or switched out on or before completion of 7 days from the date of allotment of units. Nil, thereafter. Exit Load, if charged to the unit holders shall be credited to the scheme immediately net of Goods & Service Tax, if any

P/E ratio

23.1

P/B ratio

3.7

Avg market cap

₹5,10,947Cr

P/E & P/B are portfolio-weighted harmonic means across 60 of 64 equity holdings (96% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Large Cap Fund

Compare all


Nippon India Large Cap FundThis fund Nippon India	—	—	—	—	23.05	1.64%	₹51,621Cr
Invesco India Large Cap Fund Invesco	★★★☆☆	+8.68%	+14.63%	+11.25%	28.93	—	—
Taurus Large Cap Fund Taurus	★★☆☆☆	+10.66%	+14.43%	+10.75%	19.17	2.76%	₹49.42Cr
Taurus Large Cap Fund Taurus	★★★☆☆	+10.66%	+14.43%	+10.75%	—	2.76%	₹49.42Cr
quant Large Cap Fund quant	★★★☆☆	+8.66%	+13.29%	—	28.99	2.89%	₹3,172Cr
Bandhan Large Cap Fund Bandhan	★★★☆☆	+5.09%	+13.27%	+10.16%	20.59	2.21%	₹2,004Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap83.3%
Mid cap14.1%
Small cap2.6%

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-56.8%07 Jan 2008 → 27 Oct 2008
Fell over 10 months, back to the old high on 15 Sep 2010 — 1.9 years under water after the low.
-29.8%04 Nov 2010 → 20 Dec 2011
Fell over 14 months, back to the old high on 04 Dec 2012 — 11 months under water after the low.
-22.4%03 Mar 2015 → 25 Feb 2016
Fell over 12 months, back to the old high on 30 Aug 2016 — 6 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹51,621Cr

April - June 2026

+3%

since January - March 2026

At or near its largest, ₹51,621Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Explore from here

Fund managers

Kinjal Desai Sailesh Raj Bhan

Top holdings

HDFC Bank Ltd ICICI Bank Ltd Axis Bank Ltd Reliance Industries Ltd Infosys Ltd Larsen & Toubro Ltd Tata Consultancy Services Ltd Bajaj Finance Ltd Mahindra & Mahindra Ltd Hindustan Unilever Ltd Sun Pharmaceutical Industries Ltd State Bank of India

Nippon India in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Large Cap funds

Large cap funds invest mainly in India's 100 biggest listed companies. They tend to be steadier than mid- and small-cap funds, with more modest but more dependable growth.

Frequently asked questions

What is the NAV of Nippon India Large Cap Fund?

The last published NAV of Nippon India Large Cap Fund was ₹34.14 per unit, on 03 Mar 2020. The scheme has not published a NAV since then — it has likely been merged, wound up or discontinued, so this figure is historical, not a current price.

What is the expense ratio of Nippon India Large Cap Fund?

Nippon India Large Cap Fund charges an expense ratio of 1.64% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Nippon India Large Cap Fund?

Nippon India Large Cap Fund's largest holdings are HDFC Bank Ltd (9.1%), ICICI Bank Ltd (7.2%), Axis Bank Ltd (4.8%), Reliance Industries Ltd (4.2%) and Infosys Ltd (3.6%). Holdings are disclosed monthly and change over time.

How risky is Nippon India Large Cap Fund?

Nippon India Large Cap Fund is rated very high on SEBI's risk-o-meter and its worst peak-to-trough fall in our sample was -56.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Nippon India Large Cap Fund?

Nippon India Large Cap Fund is benchmarked against the BSE 100 Total Return Index. Its alpha and beta on this page are measured against that index.

Who manages Nippon India Large Cap Fund?

Nippon India Large Cap Fund is managed by Kinjal Desai, Sailesh Raj Bhan and Bhavik Dave at Nippon India.

How is Nippon India Large Cap Fund taxed?

Nippon India Large Cap Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.