Nippon India Large Cap Fund
Large CapVery HighOPEN-ENDED
- NAV as on 30 Sep 2026
- ₹84.90-0.15%1 day
- Return since launch
- 12.1%
- 52-week range
- ₹81.51 — ₹94.77
- AUM
- ₹54,134 Cr
Nippon India Large Cap Fund is a Large Cap equity fund from Nippon India Mutual Fund with ₹54,134 Cr under management, launched in 2007. Over three years it has returned 0.6% a year, against 8.0% for its category. The expense ratio is 1.64% and the SEBI riskometer reading is Very High.
Performance
Nippon India Large Cap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -7.0% against -5.4% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -10.9% | −6.3 pts | -4.7% | -9.4% |
| 2Y | -3.9% | −0.9 pts | -3.0% | -3.8% |
| 3Y | 0.6% | −7.4 pts | 8.0% | 0.2% |
| 5Y | 8.6% | +1.4 pts | 7.2% | 6.1% |
| 7Y | 13.2% | +3.5 pts | 9.7% | 9.3% |
| 10Y | 12.8% | +2.3 pts | 10.5% | 9.6% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -5.3% | −0.2 pts | -5.1% | -5.5% |
| 3M | -5.4% | −1.5 pts | -4.0% | -4.3% |
| 6M | 2.5% | −1.9 pts | 4.4% | 3.5% |
| 1Y | -7.0% | −2.4 pts | -4.7% | -5.4% |
| 2Y | -3.7% | +0.6 pts | -4.3% | -4.6% |
| 3Y | 8.9% | +0.9 pts | 8.0% | 7.9% |
| 5Y | 11.2% | +4.0 pts | 7.2% | 7.0% |
| 7Y | 14.4% | +2.6 pts | 11.8% | 10.8% |
| 10Y | 12.6% | +2.1 pts | 10.5% | 9.6% |
Since launch (12 Jun 2007): 12.1%
Calendar-year returns
Category average4.9%
32.4%
11.3%
32.1%
18.1%
9.2%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 9.2% | +0.7 pts | 8.5% |
| 2024 | 18.1% | +1.7 pts | 16.3% |
| 2023 | 32.1% | +6.9 pts | 25.3% |
| 2022 | 11.3% | +8.2 pts | 3.2% |
| 2021 | 32.4% | +5.1 pts | 27.2% |
| 2020 | 4.9% | −10.1 pts | 15.0% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.63%
Expense ratio as on 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.23%
- Brokerage
- 0.06%
- Transaction charges
- 0.00%
- Statutory levies
- 0.34%
- Exit load
- Exit load of 1% if redeemed within 7 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE 100 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 1.34 | 2.62 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.95 | 1.04 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.47 | 0.53 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.58 | 0.70 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 13.87 | 15.51 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Nippon India Large Cap Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity99.7%
- Debt0.0%
- Other0.3%
Market cap split
- Large81.5%
- Mid15.0%
- Small3.5%
- P/E
- 23.04
- P/B
- 3.50
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 8.65% | ₹4,685 Cr | +9.31% | +8.82% | +8.26% |
| ICICI Bank Ltd. | Financial | 6.71% | ₹3,635 Cr | +8.19% | +7.02% | +5.12% |
| Axis Bank Ltd. | Financial | 5.29% | ₹2,862 Cr | +4.06% | +4.20% | +4.18% |
| Reliance Industries Ltd. | Energy | 4.11% | ₹2,227 Cr | +4.20% | +5.30% | +6.19% |
| Larsen & Toubro Ltd. | Construction | 3.70% | ₹2,001 Cr | +3.47% | +4.24% | +3.52% |
| Infosys Ltd. | Technology | 3.63% | ₹1,967 Cr | +2.72% | +2.94% | +2.61% |
| Tata Consultancy Services Ltd. | Technology | 3.55% | ₹1,919 Cr | +2.19% | +2.41% | +2.43% |
| Bajaj Finance Ltd. | Financial | 3.23% | ₹1,748 Cr | +3.52% | +2.80% | +3.03% |
| State Bank of India | Financial | 2.95% | ₹1,599 Cr | +2.35% | +3.99% | +4.06% |
| Mahindra & Mahindra Ltd. | Automobile | 2.92% | ₹1,582 Cr | +2.35% | +2.44% | +2.32% |
| Hindustan Unilever Ltd. | Consumer Staples | 2.50% | ₹1,355 Cr | +2.71% | +2.29% | +2.98% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 2.26% | ₹1,222 Cr | +2.80% | +0.71% | — |
| Avenue Supermarts Ltd. | Services | 2.14% | ₹1,156 Cr | +2.20% | +1.90% | +2.25% |
| ITC Ltd. | Consumer Staples | 2.13% | ₹1,151 Cr | +2.50% | +2.61% | +3.22% |
| Samvardhana Motherson International Ltd. | Automobile | 2.00% | ₹1,085 Cr | +1.79% | +1.65% | +0.78% |
| Kotak Mahindra Bank Ltd. | Financial | 1.94% | ₹1,049 Cr | +1.49% | +2.02% | +0.48% |
| GE Vernova T&D India Ltd | Capital Goods | 1.85% | ₹1,001 Cr | +2.81% | +2.82% | +2.87% |
| Eternal Ltd. | Services | 1.82% | ₹986 Cr | +1.55% | +1.10% | +1.81% |
| NTPC Ltd. | Energy | 1.82% | ₹983 Cr | +2.10% | +2.48% | +2.32% |
| Divi's Laboratories Ltd. | Healthcare | 1.51% | ₹815 Cr | +1.11% | +1.07% | +1.09% |
| HDFC Life Insurance Co Ltd. | Insurance | 1.30% | ₹706 Cr | +1.21% | +0.77% | +0.94% |
| Trent Ltd. | Services | 1.30% | ₹703 Cr | +1.33% | +0.90% | — |
| Tata Power Company Ltd. | Energy | 1.29% | ₹700 Cr | +1.83% | +1.65% | +1.87% |
| Maruti Suzuki India Ltd. | Automobile | 1.26% | ₹681 Cr | +2.44% | +2.31% | +2.20% |
| Swiggy Ltd. | Services | 1.18% | ₹641 Cr | +0.90% | +0.74% | +0.52% |
| Dixon Technologies (India) Ltd. | Capital Goods | 1.14% | ₹615 Cr | +0.77% | +0.36% | — |
| SBI Life Insurance Company Ltd. | Insurance | 1.08% | ₹585 Cr | +1.19% | +1.25% | +1.38% |
| Bajaj Auto Ltd. | Automobile | 1.07% | ₹577 Cr | — | — | — |
| Cipla Ltd. | Healthcare | 1.06% | ₹576 Cr | +1.11% | +0.84% | +1.00% |
| ABB India Ltd. | Capital Goods | 1.03% | ₹557 Cr | +1.13% | +1.17% | +0.91% |
| The Indian Hotels Company Ltd. | Services | 1.02% | ₹551 Cr | +0.94% | +0.97% | +1.17% |
| Chalet Hotels Ltd. | Services | 0.95% | ₹513 Cr | +1.02% | +1.06% | +1.52% |
| HCL Technologies Ltd. | Technology | 0.94% | ₹510 Cr | +0.83% | +0.97% | +1.16% |
| PB Fintech Ltd. | Services | 0.92% | ₹498 Cr | +0.97% | +0.72% | +0.20% |
| Godrej Consumer Products Ltd. | Consumer Staples | 0.88% | ₹478 Cr | +0.69% | +0.49% | +0.41% |
| Lupin Ltd. | Healthcare | 0.88% | ₹477 Cr | +1.03% | +1.05% | +0.99% |
| Tata Consumer Products Ltd. | Consumer Staples | 0.87% | ₹470 Cr | +1.03% | +0.92% | +0.93% |
| Tech Mahindra Ltd. | Technology | 0.87% | ₹472 Cr | +0.72% | +0.66% | +0.41% |
| Mankind Pharma Ltd. | Healthcare | 0.86% | ₹468 Cr | +0.81% | +0.64% | — |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 0.85% | ₹462 Cr | +1.35% | +1.34% | +1.50% |
| Meesho Ltd. | Services | 0.82% | ₹445 Cr | — | — | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.79% | ₹426 Cr | +0.92% | +0.91% | +0.76% |
| Jubilant FoodWorks Ltd. | Services | 0.78% | ₹424 Cr | +0.50% | — | — |
| Shree Cement Ltd. | Materials | 0.78% | ₹420 Cr | +0.87% | +0.77% | +0.68% |
| company:4492 | Materials | 0.74% | ₹402 Cr | — | — | — |
| Siemens Ltd. | Capital Goods | 0.73% | ₹397 Cr | +0.73% | +0.72% | +0.72% |
| Vishal Mega Mart Ltd. | Services | 0.72% | ₹388 Cr | +0.83% | +0.69% | +1.06% |
| Tata Steel Ltd. | Metals & Mining | 0.70% | ₹378 Cr | +1.17% | +1.28% | +0.94% |
| Hindustan Aeronautics Ltd. | Capital Goods | 0.67% | ₹365 Cr | +0.49% | — | — |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 0.64% | ₹344 Cr | +0.40% | — | — |
| NTPC Green Energy Ltd. | Energy | 0.63% | ₹340 Cr | +0.76% | +0.67% | +0.82% |
| Siemens Energy India Ltd. | Energy | 0.62% | ₹337 Cr | +0.96% | +0.90% | +1.16% |
| United Spirits Ltd. | Consumer Staples | 0.59% | ₹321 Cr | +0.27% | — | — |
| Colgate-Palmolive (India) Ltd. | Consumer Staples | 0.56% | ₹302 Cr | +0.48% | +0.33% | +0.31% |
| EIH Ltd. | Services | 0.56% | ₹303 Cr | +0.62% | +0.65% | +0.95% |
| SBI Cards And Payment Services Ltd. | Financial | 0.55% | ₹299 Cr | +0.56% | +0.70% | +0.79% |
| Gillette India Ltd. | Consumer Staples | 0.52% | ₹281 Cr | +0.50% | +0.42% | +0.50% |
| United Breweries Ltd. | Consumer Staples | 0.47% | ₹253 Cr | +0.49% | +0.23% | +0.18% |
| Varun Beverages Ltd. | Consumer Staples | 0.44% | ₹238 Cr | +0.51% | +0.46% | — |
| Devyani International Ltd. | Services | 0.40% | ₹216 Cr | +0.35% | +0.34% | +0.51% |
| company:5765 | Insurance | 0.33% | ₹180 Cr | — | — | — |
| Others | Others | 0.32% | ₹172 Cr | 0.00% | +0.01% | 0.00% |
| company:5655 | Financial | 0.31% | ₹168 Cr | — | — | — |
| Max Financial Services Ltd. | Financial | 0.28% | ₹150 Cr | +0.46% | +0.50% | +0.83% |
| Linde India Ltd. | Chemicals | 0.26% | ₹138 Cr | +0.30% | +0.28% | +0.31% |
| PVR Inox Ltd. | Services | 0.23% | ₹123 Cr | +0.19% | +0.19% | +0.24% |
| SBI Funds Management Ltd. | Financial | 0.10% | ₹54.33 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:4492 | 0.00% | 0.74% | +0.74% |
| State Bank of India | 2.38% | 2.95% | +0.57% |
| Hyundai Motor India Ltd. | 0.56% | 0.00% | -0.56% |
| Axis Bank Ltd. | 4.77% | 5.29% | +0.52% |
| HDFC Bank Ltd. | 9.12% | 8.65% | -0.47% |
| Maruti Suzuki India Ltd. | 1.71% | 1.26% | -0.45% |
| ICICI Bank Ltd. | 7.15% | 6.71% | -0.44% |
| Meesho Ltd. | 0.42% | 0.82% | +0.40% |
| Bajaj Auto Ltd. | 0.74% | 1.07% | +0.33% |
| company:5765 | 0.00% | 0.33% | +0.33% |
| company:5655 | 0.00% | 0.31% | +0.31% |
| Bajaj Finance Ltd. | 3.48% | 3.23% | -0.25% |
| Divi's Laboratories Ltd. | 1.28% | 1.51% | +0.23% |
| Samvardhana Motherson International Ltd. | 1.77% | 2.00% | +0.23% |
| ITC Ltd. | 2.33% | 2.13% | -0.20% |
| Hindustan Unilever Ltd. | 2.67% | 2.50% | -0.17% |
| Eternal Ltd. | 1.68% | 1.82% | +0.14% |
| Sun Pharmaceutical Industries Ltd. | 2.40% | 2.26% | -0.14% |
| Tata Power Company Ltd. | 1.42% | 1.29% | -0.13% |
| Godrej Consumer Products Ltd. | 0.76% | 0.88% | +0.12% |
| Larsen & Toubro Ltd. | 3.59% | 3.70% | +0.11% |
| Jubilant FoodWorks Ltd. | 0.67% | 0.78% | +0.11% |
| Mahindra & Mahindra Ltd. | 3.02% | 2.92% | -0.10% |
| United Spirits Ltd. | 0.49% | 0.59% | +0.10% |
| NTPC Ltd. | 1.92% | 1.82% | -0.10% |
| Reliance Industries Ltd. | 4.21% | 4.11% | -0.10% |
| Cholamandalam Investment and Finance Company Ltd. | 0.88% | 0.79% | -0.09% |
| EIH Ltd. | 0.65% | 0.56% | -0.09% |
| Lupin Ltd. | 0.97% | 0.88% | -0.09% |
| Shree Cement Ltd. | 0.87% | 0.78% | -0.09% |
| SBI Life Insurance Company Ltd. | 1.17% | 1.08% | -0.09% |
| Hindustan Aeronautics Ltd. | 0.59% | 0.67% | +0.08% |
| Devyani International Ltd. | 0.33% | 0.40% | +0.07% |
| Chalet Hotels Ltd. | 0.88% | 0.95% | +0.07% |
| Mankind Pharma Ltd. | 0.79% | 0.86% | +0.07% |
| Dixon Technologies (India) Ltd. | 1.07% | 1.14% | +0.07% |
| Tata Consultancy Services Ltd. | 3.49% | 3.55% | +0.06% |
| ABB India Ltd. | 0.98% | 1.03% | +0.05% |
| Cipla Ltd. | 1.11% | 1.06% | -0.05% |
| GE Vernova T&D India Ltd | 1.80% | 1.85% | +0.05% |
| PB Fintech Ltd. | 0.87% | 0.92% | +0.05% |
| Trent Ltd. | 1.35% | 1.30% | -0.05% |
| Siemens Ltd. | 0.68% | 0.73% | +0.05% |
| United Breweries Ltd. | 0.51% | 0.47% | -0.04% |
| Varun Beverages Ltd. | 0.48% | 0.44% | -0.04% |
| Gillette India Ltd. | 0.49% | 0.52% | +0.03% |
| HCL Technologies Ltd. | 0.97% | 0.94% | -0.03% |
| Kotak Mahindra Bank Ltd. | 1.97% | 1.94% | -0.03% |
| Tata Consumer Products Ltd. | 0.90% | 0.87% | -0.03% |
| Vishal Mega Mart Ltd. | 0.69% | 0.72% | +0.03% |
| Colgate-Palmolive (India) Ltd. | 0.59% | 0.56% | -0.03% |
| Max Financial Services Ltd. | 0.26% | 0.28% | +0.02% |
| PVR Inox Ltd. | 0.21% | 0.23% | +0.02% |
| Tata Steel Ltd. | 0.72% | 0.70% | -0.02% |
| Vedanta Aluminium Metal Ltd. | 0.66% | 0.64% | -0.02% |
| HDFC Life Insurance Co Ltd. | 1.31% | 1.30% | -0.01% |
| Linde India Ltd. | 0.27% | 0.26% | -0.01% |
| SBI Cards And Payment Services Ltd. | 0.56% | 0.55% | -0.01% |
| Swiggy Ltd. | 1.19% | 1.18% | -0.01% |
| Tech Mahindra Ltd. | 0.88% | 0.87% | -0.01% |
| Infosys Ltd. | 3.62% | 3.63% | +0.01% |
| Others | 0.01% | 0.00% | -0.01% |
| Avenue Supermarts Ltd. | 2.14% | 2.14% | 0.00% |
| Dr. Reddy's Laboratories Ltd. | 0.85% | 0.85% | 0.00% |
| NTPC Green Energy Ltd. | 0.63% | 0.63% | 0.00% |
| SBI Funds Management Ltd. | 0.10% | 0.10% | 0.00% |
| Siemens Energy India Ltd. | 0.62% | 0.62% | 0.00% |
| The Indian Hotels Company Ltd. | 1.02% | 1.02% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹1,872 Cr | 2.51% | -3.1% | 3.3% | 8.6% |
 Quant Large Cap Fund | ₹3,651 Cr | 2.93% | 2.7% | 4.1% | — |
 Bandhan Large Cap Fund | ₹2,180 Cr | 2.20% | -6.6% | 2.5% | 8.0% |
 Invesco India Large Cap Fund | ₹2,021 Cr | 2.19% | -2.1% | 4.2% | 9.3% |
 WhiteOak Capital Large Cap Fund | ₹1,276 Cr | 2.48% | -8.1% | 2.1% | — |
 Bank of India Large Cap Fund | ₹231 Cr | 2.75% | -1.4% | 3.5% | 8.6% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate long term capital appreciation by investing predominantly into equity and equity related instruments of large cap companies.
Fund managers
- Amber SinghaniaMMS Finance (Mumbai University)Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
- Bhavik DaveMr. Dave is a BBA and PGDMPrior joining to Nippon India Mutual Fund he has worked with Motilal Oswal Securities Limited - Research Associate (Institutional Equities), Crisil Global Analytics Centre - Credit Analyst â US Oil & Gas Sector, Grantham Mayo, Van Otterloo & Co. - Research Associate Internship.
- Sailesh Raj BhanMr. Bhan is an MBA (Finance) and CFA.Prior to joining Nippon India Mutual Fund, he has worked with Emkay Share & Stock Broker Pvt. Ltd, Shah & Sequeira Invst. Pvt. Ltd, ICFAI- Securities Research Center Analyst - Equity Research.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.51% absolute | ₹60,000 | ₹61,506 | 2.51% | |
| 1 year−7.04% annualised | ₹1,20,000 | ₹1,15,521 | −3.73% | |
| 3 years8.92% annualised | ₹3,60,000 | ₹4,14,084 | 15.02% | |
| 5 years11.17% annualised | ₹6,00,000 | ₹8,06,223 | 34.37% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Nippon India Large Cap Fund?
The NAV of Nippon India Large Cap Fund is ₹84.90 as on 30 Sep 2026.
What is the expense ratio of Nippon India Large Cap Fund?
The expense ratio of Nippon India Large Cap Fund is 1.64% per year.
What is the minimum SIP amount for Nippon India Large Cap Fund?
You can start a SIP in Nippon India Large Cap Fund with ₹3,000 a month.
What returns has Nippon India Large Cap Fund given?
Nippon India Large Cap Fund has returned -10.9% over 1 year, 0.6% over 3 years and 8.6% over 5 years (annualised).
Is there a lock-in or exit load on Nippon India Large Cap Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 7 days..
How risky is Nippon India Large Cap Fund?
Nippon India Large Cap Fund is rated Very High on the SEBI riskometer and belongs to the Large Cap category.
Which fund house manages Nippon India Large Cap Fund?
Nippon India Large Cap Fund is managed by Nippon India Mutual Fund, which runs 75 schemes with ₹7,67,506 Cr under management.