Nippon India Vision Large & Mid Cap Direct-Growth

Q: What are the returns of Nippon India Vision Large & Mid Cap Fund?

The Nippon India Vision Large & Mid Cap Fund is a 12 yrs 8 m old fund and has delivered average annual returns of 14.81% since inception. Nippon India Vision Large & Mid Cap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 0.99% 20.74% 24.35% 14.15% 14.81%

Previously called: Nippon India Vision Direct-G

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹1569.8666+0.62% 1 day change	14.81% p.a.	App exclusive #NA View Ranked Funds	₹5,897 Cr

Historical NAV & returns

NAV: ₹1569.8666 as on Sep 03, 2025

This fund Category average

Nippon India Vision Large & Mid Cap Fund overview

Expense ratio	1.28% as on Aug 31, 2025
Exit load	1.0% For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months.!
AUM (Fund size)	₹5,897 Cr
Lock-in Period	Nil
Age	12 yrs 8 m since Jan 01, 2013
Benchmark	Nifty Large Midcap 250 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Nippon India Vision Large & Mid Cap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Sep 04, 2025

Period	This fund	Category average
1 Month	0.83%	0.52%
3 Months	2.14%	1.53%
6 Months	16.75%	17.13%
1 Year	0.99%	-1.08%
2 Years	21.74%	19.41%
3 Years	20.74%	18.95%
4 Years	16.21%	15.28%
5 Years	24.35%	23.65%
7 Years	15.93%	16.22%
10 Years	14.15%	16.16%

View returns in detail

Asset allocationas on May 31, 2025

Large Cap 55.69%

Mid Cap 42.3%

Small Cap 0%

Other Cap 0%

Top holdings

HDFC Bank Ltd.5.32%

ICICI Bank Ltd.5.22%

Reliance Industries Ltd.3.83%

Bharti Airtel Ltd.3.1%

Top sectors

Financial 19.68%

Capital Goods 12.799999999999999%

Services 12.790000000000001%

Energy 11.2%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 0.01%

Allocation by Instruments

Repo 1.04%

Margin Money 0.01%

Other Holdings

Others 1.04%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Nippon India Vision Large & Mid Cap Fund	N.A.	5,897 Cr	12 yrs 8 m	1.28%
ICICI Prudential Large & Mid Cap Fund	N.A.	20,352 Cr	12 yrs 8 m	0.77%
Bandhan Large & Mid Cap Fund	N.A.	9,107 Cr	12 yrs 8 m	0.57%
Kotak Large & Midcap Fund	N.A.	27,046 Cr	12 yrs 8 m	0.53%
Motilal Oswal Large and Midcap Fund	N.A.	10,840 Cr	5 yrs 11 m	0.65%
HDFC Large and Mid Cap Fund	N.A.	25,412 Cr	12 yrs 8 m	0.85%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Nippon India Vision Large & Mid Cap Fund	0.83%	16.75%	0.99%	20.74%	24.35%	14.15%
ICICI Prudential Large & Mid Cap Fund	2.44%	15.55%	1.25%	21.86%	27.37%	17.76%
Bandhan Large & Mid Cap Fund	1.11%	17.79%	-0.94%	24.87%	27.01%	18.11%
Kotak Large & Midcap Fund	0.49%	16.99%	-0.65%	19.47%	23.78%	17.04%
Motilal Oswal Large and Midcap Fund	-0.25%	26.23%	4.82%	28.61%	29.82%	13.58%
HDFC Large and Mid Cap Fund	0.35%	16.69%	-2.52%	20.57%	26.3%	15.76%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Nippon India Vision Large & Mid Cap Fund	13.14	0.97	0.98	1.37
ICICI Prudential Large & Mid Cap Fund	11.91	0.86	1.17	1.84
Bandhan Large & Mid Cap Fund	13.49	0.97	1.21	1.77
Kotak Large & Midcap Fund	13.01	0.93	0.91	1.32
Motilal Oswal Large and Midcap Fund	18.37	1.11	1.08	1.21
HDFC Large and Mid Cap Fund	14.05	1.04	0.93	1.42

View all Large & Midcap funds

Key risk & return ratios Compared to other funds in the category

Alpha	5.6 vs. 5.75 Underperformed at beating benchmark
Sharpe	0.98 vs. 6.54 Poor risk-adjusted returns
Beta	0.97 vs. 0.9 More sensitive to market's ups & downs
Standard deviation	13.14 vs. 10.95 More volatile performance

Compare Nippon India Vision Large & Mid Cap Fund in detail with

About this fund

About Nippon India Vision Large & Mid Cap Fund

Nippon India Vision Large & Mid Cap Direct-Growth is a Large & MidCap mutual fund scheme from Nippon India Mutual Fund. This fund has been in existence for 12 yrs 8 m, having been launched on 01/01/2013. Nippon India Vision Large & Mid Cap Direct-Growth has ₹5,897 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Nippon India Vision Large & Mid Cap Direct-Growth as of 03/09/2025 is ₹1569.87. The fund has an expense ratio of 1.28%, which is higher than what most other Large & Midcap funds charge.

Nippon India Vision Large & Mid Cap Direct-Growth returns of last 1-year are 0.82%. Since launch, it has delivered 14.83% average annual returns. The fund has doubled the money invested in it every 4 yrs.
Nippon India Vision Large & Mid Cap Direct-Growth scheme's ability to deliver returns consistently is higher than most funds of its category. Its ability to control losses in a falling market is above average.
The fund has the majority of its money invested in Financial, Capital Goods, Services, Energy, Healthcare sectors. It has taken less exposure in Financial, Capital Goods sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., Bharti Airtel Ltd., Dixon Technologies (India) Ltd..

...

Fund AUM	5,897 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Amar Kalkundrikar

Mr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School. Prior to joining Nippon India Mutual Fund, he has worked with HDFC Asset Management Company Limited where he has handled multiple roles in Investment – Equity function such as Portfolio Management for PMS business, & performing Equity research in various sectors such as Consumer Staples, Consumer Discretionary, Retail, Construction Materials.

Aishwarya Deepak Agarwal

Mr. Agarwal has done C.A. & CFA Prior to joining Nippon Mutual Fund he has worked with HDFC Securities Limited, Alchemy Capital Management Private Limited, B & K Securities.

Investment objective

The fund seeks capital appreciation by investing in larger stocks with good fundamentals and good long-term prospects.

Nippon India Mutual Fund details

No. of schemes	71 view all schemes
Total AUM	6,17,875 Cr as on Jun 30, 2025
Address	4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai, 400013

More funds from Nippon India Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Nippon India Small Cap Fund	N.A.	58,029 Cr	-5.76%	33.72%
Nippon India Power & Infra Fund	N.A.	7,417 Cr	-6.7%	31.25%
Nippon India Multi Cap Fund	N.A.	40,261 Cr	1.42%	30.56%
Nippon India Growth Mid Cap Fund	N.A.	36,836 Cr	0.84%	29.93%
Nippon India Nifty Smallcap 250 Index Fund	N.A.	2,033 Cr	-7.81%	N.A.
Nippon India Value Fund	N.A.	8,664 Cr	-2.79%	26.3%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Nippon India Vision Large & Mid Cap Fund?

The current Net Asset Value (NAV) of the Nippon India Vision Large & Mid Cap Fund - Direct Growth plan is approximately ₹1569.8666 as of Sep 03, 2025.

What are the returns of this mutual fund scheme?

The Nippon India Vision Large & Mid Cap Fund is a 12 yrs 8 m old fund and has delivered average annual returns of 14.81% since inception.

Nippon India Vision Large & Mid Cap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
0.99%	20.74%	24.35%	14.15%	14.81%

How much does this mutual fund charge as expense ratio?

The Nippon India Vision Large & Mid Cap Fund - Direct Growth has an expense ratio of 1.28%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Nippon India Vision Large & Mid Cap Fund currently has assets under management (AUM) or fund size valued at approximately 5,897 Cr as on May 31, 2025.

What are the top stock holdings of Nippon India Vision Large & Mid Cap Fund?

The Nippon India Vision Large & Mid Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	5.32%
ICICI Bank Ltd.	5.22%
Reliance Industries Ltd.	3.83%
Bharti Airtel Ltd.	3.1%
Dixon Technologies (India) Ltd.	2.92%
Eternal Ltd.	2.87%
Interglobe Aviation Ltd.	2.73%
Axis Bank Ltd.	2.24%
Coforge Ltd.	2.2%
Mahindra & Mahindra Ltd.	2.08%

What are the top sectors Nippon India Vision Large & Mid Cap Fund has invested in?

The Nippon India Vision Large & Mid Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	19.68%
Capital Goods	12.799999999999999%
Services	12.790000000000001%
Energy	11.2%
Healthcare	7.15%
Automobile	6.67%
Technology	6.57%
Metals & Mining	5.529999999999999%
Consumer Staples	3.8499999999999996%
Communication	3.41%

What is risk level of Nippon India Vision Large & Mid Cap Fund?

This is a Large & Midcap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Nippon India Vision Large & Mid Cap Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Nippon India Vision Large & Mid Cap Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Nippon India Vision Large & Mid Cap Fund is complete.

How can I redeem my investments in Nippon India Vision Large & Mid Cap Fund?

Redeeming your investments in Nippon India Vision Large & Mid Cap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Nippon India Vision Large & Mid Cap Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Large & MidCap

#NA

Return Outperformance: This fund has generated highest return amongst Large & MidCap funds in the last 5 Years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months.