Nippon India Large Cap Fund - Direct Plan - Bonus Plan

Nippon India Large Cap Fund - Direct Plan - Bonus Plan is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Bhavik Dave, Sailesh Raj Bhan, Kinjal Desai. The fund could potentially beat inflation in the long-run.

1. Nippon India Large Cap Fund - Direct Plan - Bonus Plan has ₹41750 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.7.
   

Nippon India Large Cap Fund - Direct Plan - Bonus Plan has given a CAGR return of 16.81% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.30%, 25.42% and 27.17% respectively.

Nippon India Large Cap Fund - Direct Plan - Bonus Plan has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Consumer Defensive, Energy, Tech, Basic Materials, Utilities, Health, Communication. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Axis Bank Ltd, Larsen & Toubro 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

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 0.00 and for SIP is INR 0.00. Nippon India Large Cap Fund - Direct Plan - Bonus Plan has no lock in period.