Nippon India Large Cap Fund- Growth Plan -Growth Option

Nippon India Large Cap Fund- Growth Plan -Growth Option is a scheme launched by Nippon Mutual Fund on August 08, 2007, and falls under the Large Cap fund category. It currently manages an AUM of Rs 45,012.18 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 100. It charges an expense ratio of 1.53% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  Nippon India Large Cap Fund- Growth Plan -Growth Option trailing returns over different times are 2.16% (1 year), 18.87% (3 year) and 24.23% (5 year). The average annual return of this fund stands at 6.68%.