Nippon India Large Cap Fund - Direct Plan - Bonus Plan

Equity
Direct
Large-Cap
Nippon India Large Cap Fund - Direct Plan - Bonus Plan

About the Fund

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 Ashutosh Bhargava, Kinjal Desai, Sailesh Raj Bhan. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Nippon India Large Cap Fund - Direct Plan - Bonus Plan has ₹26925 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

Nippon India Large Cap Fund - Direct Plan - Bonus Plan has given a CAGR return of 17.64% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 41.65%, 25.13% and 20.08% respectively.

Holdings

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, Utilities, Basic Materials, Health, Communication. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, ITC Ltd, State Bank of India

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 benefit
Dividends 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 Plan - Bonus Plan

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 0.00. Nippon India Large Cap Fund - Direct Plan - Bonus Plan has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.75%
Benchmark
S&P BSE 100 India TR INR
AUM₹26925 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP--/--
Exit Load
1%
Lock InNo Lock-in
TurnOver
47.43%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 99.2%

  • Debt & Cash 0.8%

Large cap
83.6%

Mid cap
8.9%

Small cap
6.7%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
36.2%
Consumer Cyclical
14.3%
Industrial
10.6%
Consumer Defensive
9.9%
Energy
8.7%
Tech
6.1%
Utilities
6%
Basic Materials
4.2%
Health
2.4%
Communication
1.5%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Ashutosh Bhargava
Ashutosh Bhargava
Fund Manager of Nippon India Large Cap Fund - Direct Plan - Bonus Plan, since 1 September 2021
Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Large Cap Fund - Direct Plan - Bonus Plan, since 25 May 2018
Sailesh Raj Bhan
Sailesh Raj Bhan
Fund Manager of Nippon India Large Cap Fund - Direct Plan - Bonus Plan, since 8 August 2007

Nippon India Large Cap Fund - Direct Plan - Bonus Plan Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 17.64% since inception which is more than its category average return of 14.01%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.23% in Equity, 0% in Debt and 0.77% in Cash related instruments
AUM size ₹26925 Cr

AUM size ₹26925 Cr

This fund has AUM of ₹26925 Cr which is more than its category average of ₹ 6321 Cr
Expense Ratio 0.75%

Expense Ratio 0.75%

This fund has an expense ratio of 0.75% which is less than its category average expense ratio of 1.32%

Frequently Asked Questions

The current NAV of Nippon India Large Cap Fund - Direct Plan - Bonus Plan is ₹93.66 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
Nippon India Large Cap Fund - Direct Plan - Bonus Plan
Absolute Returns
CAGR Returns
1 Month Returns
6.88%
6.88%
6 Month Returns
19.22%
19.22%
1 Year Returns
41.65%
41.65%
3 Years Returns
95.92%
25.13%
5 Years Returns
149.63%
20.08%
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.
0.75% as on May 2024
₹26925 Cr as on May 2024
HDFC Bank Ltd(9.67%), Reliance Industries Ltd(7.76%), ICICI Bank Ltd(6.12%), ITC Ltd(5.82%), State Bank of India(5.71%) as on May 2024
Financial Services(35.93%), Consumer Cyclical(14.24%), Industrial(10.54%) as on May 2024
The alpha ratio for the Nippon India Large Cap Fund - Direct Plan - Bonus Plan for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Nippon India Large Cap Fund - Direct Plan - Bonus Plan
9.19
7.04
1.52
As on May 2024
The alpha for Nippon India Large Cap Fund - Direct Plan - Bonus Plan 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 Plan - Bonus Plan for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Nippon India Large Cap Fund - Direct Plan - Bonus Plan
0.96
0.96
1.07
As on May 2024
The Beta for Nippon India Large Cap Fund - Direct Plan - Bonus Plan 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 Plan - Bonus Plan 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 Plan - Bonus Plan
2.58
1.37
0.68
As on May 2024
The sharpe ratio for Nippon India Large Cap Fund - Direct Plan - Bonus Plan 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 Plan - Bonus Plan 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 Plan - Bonus Plan
10.24
12.42
20.63
As on May 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 2.84 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 2.68 as on May 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Ashutosh Bhargava, Kinjal Desai, Sailesh Raj Bhan are the fund managers of Nippon India Large Cap Fund - Direct Plan - Bonus Plan
The Exit load of Nippon India Large Cap Fund - Direct Plan - Bonus Plan is 1%