This Large-Cap Mutual Fund Has Given A Robust Return Of 146.75% In 3-Years

Under the growth direct option plan, Nippon India Large Cap Fund has given an absolute return of 146.75% in 3 years and an annualised return of 35.13%. This scheme is one of the top performers among its peers over the same period.

The scheme has managed to even outperform the benchmark and category average return of 29.02 and 26.86% on an annualised basis over three-year period.

This scheme has even given a double-digit return of 13.84% over 5 years and since inception, it has given a 15.11% return on an annualised basis. On an absolute basis, the large-cap fund has given a 91.27% return in 5 years and a 330.82% return since inception.

The scheme is a very good performer within the category that has consistently given good returns. Based on it, Crisil has given a 5-star rating.

Portfolio Details
Nippon India Large Cap Fund is an equity mutual fund scheme predominantly having stocks of large cap companies in the portfolio.

The portfolio of the scheme is constructed such that it has 99.63% allocated to equity and 0.37% to cash holdings. The total number of equity stocks held in the portfolio is 60 domestic equities, 74.31% in large cap stocks, 10.25% in mid-cap stocks, and 1.36% in small cap stocks.

The top 5 stocks constitute 31.55% by weight and include Reliance, ICICI Bank, HDFC, HDFC Bank, and Larsen & Toubro.

The top three sectors by weight are financial (36.12%), energy(11.09%), and services(10.71%) among the total 16 sectoral investments.

Scheme Suitability
This scheme is suitable for investors who are looking to invest money for a minimum period of at least 3-5 years and looking for high returns with high risk. At the same time, these investors should also be ready for the possibility of higher losses in their investments for it has extreme risk because of market volatility. The scheme is available in the regular plan and IDCW option as well.

Disclaimer
Mutual fund investments are subject to market risk. The above-mentioned information is purely informational and doesn't guarantee any return. Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.