Nippon India Large Cap Fund vs Axis Midcap Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
15.4%
3Y Return
19.19%
Today, we are going to compare two popular mutual funds, Nippon India Large Cap Fund and Axis Midcap Fund. Dekho, both funds are categorized under different segments, Large Cap and Mid Cap, respectively. Chaliye, let's see which one performs better in the long run and is suitable for your investment goals.
| Parameter | ANippon India Large Cap Fund - Regular Plan - Growth | BAxis Midcap Fund - Direct Plan - Growth |
|---|---|---|
| Fund House | Nippon India | Axis Mutual Fund |
| Category | Large Cap | Mid Cap |
| NAV (₹) | 42.22 | 136.27 |
| AUM (₹ Cr) | 5.17 Lac Cr | 3.23 Lac Cr |
| Expense Ratio (%) | 1.56% | 1.58% |
| Riskometer | Very High | Very High |
| Volatility | 12.27 | 14.48 |
| Sharpe Ratio | 0.73 | 0.88 |
| 1 Year Return (%) | -0.91% | 7.41% |
| 3 Year Return (%) | 15.4% | 19.19% |
| 5 Year Return (%) | 3.31% | 16.41% |
| Since Launch (%) | 12.7% | 18.68% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 29 November 2012 | 2 January 2013 |
| Exit Load | Nil | Nil |
| Fund Manager | Amber Singhania; Bhavik Dave; Kinjal Desai; Sailesh Raj Bhan (13.4 years yrs) | Krishnaa Narayan; Nitin Arora; Shreyash Devalkar (9.5 years yrs) |
| Benchmark | Nifty 50 | Nifty Midcap 150 TRI |
| Top 3 Holdings | HDFC Bank Ltd. (9.24%), ICICI Bank Ltd. (7.99%), Reliance Industries Ltd. (4.3%) | The Federal Bank Ltd. (3.87%), Fortis Healthcare Ltd. (3.56%), Multi Commodity Exchange Of India Ltd. (3.43%) |
| Asset Allocation | Equity: 96.43% | Equity: 89.53% | Mutual Fund: 0.94% | Futures: 0.21% |
| Portfolio Turnover | 70% | 12% |
🤖 AI Verdict – Which is Better?
Haan, based on the 3Y return, expense ratio, and risk, Axis Midcap Fund Direct Plan - Growth emerges as the winner. Its 3Y return of 19.19% is higher than Nippon India Large Cap Fund's 15.4%. Moreover, both funds have a very high riskometer, but Axis Midcap Fund has a slightly lower expense ratio of 1.58%. Sach ye hai, it's not the winner in all aspects, but it offers better returns and is more cost-effective.
Why consider Nippon India Large Cap Fund?
- Expense ratio: 1.56%
- 3Y return: 15.4%
- AUM: 5.17 Lac Cr
- Sharpe Ratio: 0.73
Why consider Axis Midcap Fund?
- Expense ratio: 1.58%
- 3Y return: 19.19%
- AUM: 3.23 Lac Cr
- Sharpe Ratio: 0.88
📈 SIP Suitability
When it comes to a monthly SIP for 10+ years, both funds have their own strengths and weaknesses. Nippon India Large Cap Fund has a consistent 3Y return, but its 1Y return is negative. On the other hand, Axis Midcap Fund has a higher 1Y return but is more volatile. Lekin, if you are looking for stability, Nippon India Large Cap Fund might be a better choice. Chaliye, consider your risk tolerance and investment goals before making a decision.
⚠️ Risk & Cost Analysis
Riskometer and volatility are the two key factors to consider when evaluating risk. Dekho, both funds have a very high riskometer, but Axis Midcap Fund has a higher volatility of 14.48. Sharpe ratio is another important metric to consider. Haan, Axis Midcap Fund has a higher Sharpe ratio of 0.88 compared to Nippon India Large Cap Fund's 0.73. Expense ratio is also an important consideration. Chaliye, Axis Midcap Fund has a slightly lower expense ratio of 1.58% compared to Nippon India Large Cap Fund's 1.56%. Sach ye hai, it's not a clear winner in terms of risk, but Axis Midcap Fund offers better risk-adjusted returns.
📊 Portfolio Diversification
Asset allocation and top holdings concentration are crucial factors to consider when evaluating portfolio diversification. Dekho, Nippon India Large Cap Fund has a 96.43% equity allocation, while Axis Midcap Fund has a 89.53% equity allocation. Chaliye, this means that Nippon India Large Cap Fund is more concentrated towards equity. Haan, considering its sector dominance, we can say that Nippon India Large Cap Fund has sector risk. Sach ye hai, it's essential to evaluate the sector risk before investing in any fund.
SIP Calculator – Compare Growth Potential
Nippon India Large Cap Fund
₹1428138.45
@15.4% annual return (3Y)
Axis Midcap Fund
₹1814321.04
@19.2% annual return (3Y)
*Projected returns are illustrative based on historical 3‑year returns. Past performance does not guarantee future returns.
❓ Frequently Asked Questions (Comparison)
Q1: Which fund gives better returns in the long run?
Axis Midcap Fund Direct Plan - Growth gives better returns in the long run with a 5Y return of 16.41% compared to Nippon India Large Cap Fund's 3.31%.
Q2: Is the higher risk fund worth it?
Haan, the higher risk fund Axis Midcap Fund Direct Plan - Growth might be worth it considering its higher Sharpe ratio of 0.88 compared to Nippon India Large Cap Fund's 0.73. Lekin, it's essential to evaluate your risk tolerance before investing in any fund.
Q3: Which fund is more cost-effective?
Axis Midcap Fund Direct Plan - Growth is more cost-effective with an expense ratio of 1.58% compared to Nippon India Large Cap Fund's 1.56%. Sach ye hai, it's not a significant difference, but it's essential to consider the expense ratio while investing in any fund.
Mahendra Maurya
6+ Years in Banking, Wealth Management & Financial ServicesFounder & Author of ShareTargetPrice.in. 6+ years in Banking, Wealth Management & Financial Services.
📊 Author & Founder at Share Target Price