3 Year return

24.21%
Launched on January 2013 (11 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹21453.98 Cr.

Expense Ratio

0.82% (inclusive of GST)

Exit Load

1.00% - If redeemed or switched out on or before completion of 7 Days from the date of allotment of units. Nil - If redeemed or switched out after completion of 7 Days from the date of allotment of units.

Ratings

5

Ratings by other agencies

3
5
2

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Nippon India Mutual Fund Managers

SB

Sailesh Raj Bhan

Fund Manager since May 2018

Fund House Details

Nippon India Mutual Fund Asset management company

AUM ₹380,049.04 Cr.
No. of Schemes 297
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Nippon India Mutual Fund

List of mutual fund schemes by AMC

About Nippon India Large Cap Fund Direct Plan Growth Plan Growth

Nippon India Large Cap Fund Direct Plan Growth Plan Growth is an equity fund scheme offered by Nippon India Mutual Fund. Categorised as a large cap fund, it primarily invests in the stocks of the top 100 companies in the Indian stock markets (classified according to their full market capitalisation). Since it is an open-end fund, you can invest in this scheme and redeem your investments at any time. The fund offers a direct plan and does not charge any entry load either, minimising the overall cost of investments and optimising returns.

Investment Objective of the Scheme

Nippon India Large Cap Fund Direct Plan Growth Plan Growth primarily aims to offer the benefit of capital appreciation over the long term with its equity investments in large-cap companies. It also invests in debt and money market securities, InvITs and REITs to bring some stability to its portfolio.

Key Features of The Fund

5-year return 19.79%
Expense Ratio 0.82%
Fund Manager Sailesh Raj Bhan
Fund Size ₹21453.98 Cr
Risk Profile Very High

Is This Scheme Right for Me?

You could consider investing in this scheme if you wish to balance the benefits of market-linked investments with a relatively stable and liquid portfolio, since it consists predominantly of large-cap stocks. The minimum investment amount is also fairly low, making it suitable for you if you want to start off with smaller investments or if you have lower disposable income. However, do note that this fund carries high risk, so ensure your risk profile is aligned accordingly.

AMC Contact Details

Name Nippon India Mutual Fund
Launch Date June 1995
Addresss Nippon Life India Asset Management Limited, 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai – 400 013
Contact 1860 266 0111
Email customercare@nipponindiaim.in
Website https://mf.nipponindiaim.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

FAQs

What is today's NAV of Nippon India Large Cap Fund Direct Plan Growth?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Nippon India Large Cap Fund Direct Plan Growth Feb 28 2024 is 83.6231

What is the AUM of Nippon India Large Cap Fund Direct Plan Growth?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Nippon India Large Cap Fund Direct Plan Growth is 21453.98 crore.

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

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Nippon India Large Cap Fund Direct Plan Growth is 0.82%

What are the returns of Nippon India Large Cap Fund Direct Plan Growth since inception?

The Nippon India Large Cap Fund Direct Plan Growth was launched on Jan 01 2013. The fund has delivered a CAGR of 16.98 since inception.

What is the minimum SIP amount to invest in Nippon India Large Cap Fund Direct Plan Growth?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Nippon India Large Cap Fund Direct Plan Growth is 100.

How do I invest in Nippon India Large Cap Fund Direct Plan Growth?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Nippon India Large Cap Fund Direct Plan Growth?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Nippon India Large Cap Fund Direct Plan Growth?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Nippon India Large Cap Fund Direct Plan Growth?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.