The Nippon India Large Cap Fund aims for long-term capital appreciation by investing primarily in the equity and equity-related instruments of large-cap companies. As of May 2025, here’s an analysis of the fund to help determine if it aligns with your investment goals:

1. Fund Overview Launched on August 8, 2007, the Nippon India Large Cap Fund is an open-ended equity scheme predominantly focusing on large-cap stocks. The fund is managed by Sailesh Raj Bhan since 2007, with Bhavik Dave as the assistant fund manager since 2024. The fund seeks to generate long-term capital growth by investing in companies with robust market capitalization. According to the Economic Times, the current Net Asset Value (NAV) as of May 19, 2025, is ₹88.99 for the Growth option of its Regular plan.

2. Performance Snapshot The fund has demonstrated reasonable performance across various timeframes. Here's a look at the returns based on a hypothetical investment of ₹10,000 (Data as of May 20, 2025):

• 1 Year: ₹10,660 (6.60% annualized returns)
• 3 Years: ₹17,284 (19.97% annualized returns)
• 5 Years: ₹31,588 (25.85% annualized returns)

Over the past five years, Nippon India Large Cap Fund has delivered an annualized return of 28.84% as of May 20, 2025. These figures pertain to the regular plan with growth options.

3. Portfolio Composition The fund maintains a diversified portfolio with significant allocations in financial services, energy, and technology sectors. As of May 20, 2025, key holdings include:

• HDFC Bank Ltd. (Financial Services): 9%
• Reliance Industries (Oil and Gas): 7.45%
• ICICI Bank (Financial Services): 6.11%

The fund's portfolio is primarily invested in equity (97.06%), with minor allocations to debt (0.02%) and cash & cash equivalents (2.92%). As of February 28, 2025, the fund had allocated 83.2% of its assets to large caps, 11.2% to mid caps, and 4% to small caps.

4. Risk Profile Nippon India Large Cap Fund is categorized under SEBI's 'very high' risk category.

5. Key Considerations for 2025

• Market Volatility: The Indian stock market has shown signs of consolidation after a bull run, influenced by factors like persistent inflation and cautious stances from the Reserve Bank of India. Large-cap stocks are expected to potentially outperform in such times.
• Sectoral Trends: Sectors like realty, healthcare, pharma, infrastructure, and banking are expected to perform well in 2025.
• Expert Opinions: Financial experts suggest that 2025 may favor large-cap segments due to expectations of slowing growth and delayed investments. It may be wise to reduce risk and shift to large-cap investments.
• Fund Size & Expense Ratio: As of April 30, 2025, the fund holds Assets Under Management (AUM) worth ₹39,677.38 crore. The expense ratio for the regular plan is 1.53% as of May 15, 2025.
• Risk Ratios: The fund exhibits low volatility, better risk-adjusted returns, and better average monthly returns compared to its category average.

Given these points, Nippon India Large Cap Fund can be considered a suitable investment for those with a moderate to high-risk tolerance seeking long-term capital appreciation through exposure to India's top companies. However, investors should consider their personal financial goals, risk appetite, and consult with a financial advisor before making any investment decisions.