Nippon India Vision Fund – With a pioneering inception dating back nearly three decades, this fund, has consistently catered to investors seeking substantial returns over the long term, underlined by a risk appetite suited for moderate losses.
Nippon India Large Cap Fund – Founded in August 2007, the fund embodies a steadfast commitment to large-cap equities. This fund offers investors a vehicle for capital appreciation over a medium to long-term horizon with a risk profile tailored for moderate losses.
Comparative Analysis
| Aspect | Vision Fund – Growth | Large Cap Fund – Growth |
| NAV (5th June 2024) | ₹1291.1617 | ₹80.6756 |
| Fund Size | ₹4536.11 Cr | ₹26137.65 Cr |
| Expense Ratio | 1.99% | 1.61% |
| Risk Rating | Very High | Very High |
| Investment Strategy | Large & Mid Cap stocks | Predominantly Large Cap |
| Investment Horizon | 3-4 years | 3-4 years |
Returns
- Vision Fund – Growth
- 1 Year Return: 44.76%
- 3 Year Return: 80.13%
- 5 Year Return: 135.24%
- its 1-year return stands at 44.76%, surpassing the category average of 38.22%. Similarly, its 3-year return of 80.13% and 5-year return of 135.24% indicate sustained growth and robust performance compared to peers.
- Large Cap Fund – Growth
- 1 Year Return: 35.63%
- 3 Year Return: 83.90%
- 5 Year Return: 121.43%
- Its 1-year return of 35.63% exceeds the category average of 29.94%, indicating superior performance. Moreover, its 3-year return of 83.90% and 5-year return of 121.43% further validate its consistency and ability to generate significant returns for investors.
Comparative Returns
- Over 1 year, the Vision Fund has outperformed the large-cap Fund by approximately 9.13%, indicating its ability to capitalize on a broader range of investment opportunities within the Large & mid-cap segment.
- The 3-year and 5-year returns of both funds also highlight the Vision Fund’s potential for higher growth, as it consistently surpasses the Large Cap Fund by significant margins.
Portfolio Allocation
- Vision Fund
- Large Cap: 48.6%
- Mid Cap: 24.73%
- Small Cap: 5%
- Large Cap Fund
- Large Cap: 66.31%
- Mid Cap: 12.8%
- Small Cap: 3.05%
Risk Ratios
| Risk Ratio | Vision Fund – Growth | Large Cap Fund – Growth |
| Standard Deviation | 13.65 | 13.48 |
| Beta | 0.96 | 0.99 |
| Sharpe Ratio | 1.04 | 1.1 |
| Treynor’s Ratio | 0.15 | 0.15 |
| Jension’s Alpha | 1.41 | 5.9 |
Disclaimer: The information provided in this article is for educational and informational purposes only. It should not be considered investment advice or a recommendation to invest in any particular mutual fund or asset class. Past performance does not indicate future results, and investors should research and consult with a financial advisor before making investment decisions. Investing in mutual funds involves risks, including the possible loss of principal invested.
