Nippon India Large Cap Fund vs LIC Mutual Fund Multi Cap Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
15.4%
3Y Return
20.86%
Today, we are going to compare two popular funds in our portfolio - Nippon India Large Cap Fund and LIC Mutual Fund Multi Cap Fund. Both funds are suitable for long-term wealth creation, but they belong to different categories. We will analyze their past performance, risk, and cost to help you decide which fund is better for you.
| Parameter | ANippon India Large Cap Fund - Regular Plan - Growth | BLIC Mutual Fund Multi Cap Fund - Regular Plan - Growth |
|---|---|---|
| Fund House | Nippon India | LIC Mutual Fund |
| Category | Large Cap | Multi Cap |
| NAV (₹) | 42.22 | 19.01 |
| AUM (₹ Cr) | 5.17 Lac Cr | 1.60 Lac Cr |
| Expense Ratio (%) | 1.56% | 1.68% |
| Riskometer | Very High | Very High |
| Volatility | 12.27 | 13.9 |
| Sharpe Ratio | 0.73 | 1.03 |
| 1 Year Return (%) | -0.91% | 5.23% |
| 3 Year Return (%) | 15.4% | 20.86% |
| 5 Year Return (%) | 3.31% | 11.46% |
| Since Launch (%) | 12.7% | 21.47% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 29 November 2012 | 3 February 2023 |
| Exit Load | Nil | Nil |
| Fund Manager | Amber Singhania; Bhavik Dave; Kinjal Desai; Sailesh Raj Bhan (13.4 years yrs) | Yogesh Patil (3.5 years yrs) |
| Benchmark | Nifty 50 | Nifty 500 Multicap 50:25:25 TRI |
| Top 3 Holdings | HDFC Bank Ltd. (9.24%), ICICI Bank Ltd. (7.99%), Reliance Industries Ltd. (4.3%) | HDFC Bank Ltd. (6.5%), ICICI Bank Ltd. (5.8%), Reliance Industries Ltd. (4.9%) |
| Asset Allocation | Equity: 96.43% | Equity: 97.00% | T-Bills: 3.00% |
| Portfolio Turnover | 70% | 38% |
🤖 AI Verdict – Which is Better?
Dekho, when it comes to long-term wealth creation, we consider 3Y return, expense ratio, and risk. Both funds are in the 'Very High' risk category, lekin LIC Mutual Fund Multi Cap Fund has a 3Y return of 20.86%, which is higher than Nippon India Large Cap Fund's 3Y return of 15.4%. Sach ye hai, LIC Mutual Fund Multi Cap Fund is our winner for long-term wealth creation.
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 LIC Mutual Fund Multi Cap Fund?
- Expense ratio: 1.68%
- 3Y return: 20.86%
- AUM: 1.60 Lac Cr
- Sharpe Ratio: 1.03
📈 SIP Suitability
Chaliye, let's see which fund is better for a monthly SIP for 10+ years. Both funds have a high equity allocation, but LIC Mutual Fund Multi Cap Fund has been more consistent in its returns, especially in the 3Y timeframe. Nippon India Large Cap Fund has a lower 1Y return, but its 5Y return is lower as well. Haan, LIC Mutual Fund Multi Cap Fund is more suitable for a long-term SIP.
⚠️ Risk & Cost Analysis
Leaving cost aside for a moment, let's compare riskometer, volatility, and Sharpe ratio. Both funds have a 'Very High' riskometer, but LIC Mutual Fund Multi Cap Fund has higher volatility at 13.9, while Nippon India Large Cap Fund has lower volatility at 12.27. Sharpe ratio tells us that LIC Mutual Fund Multi Cap Fund offers better risk-adjusted returns. When it comes to expense ratio, LIC Mutual Fund Multi Cap Fund charges 1.68%, while Nippon India Large Cap Fund charges 1.56%. N/A for exit load, dekho.
📊 Portfolio Diversification
Chaliye, let's compare asset allocation and top holdings concentration. Both funds have a high equity allocation, but LIC Mutual Fund Multi Cap Fund has a slightly lower equity allocation at 97% compared to Nippon India Large Cap Fund's 96.43%. When it comes to top holdings concentration, both funds have a significant holding in HDFC Bank Ltd. and ICICI Bank Ltd., but LIC Mutual Fund Multi Cap Fund has a more diversified portfolio with a lower concentration in Reliance Industries Ltd.
SIP Calculator – Compare Growth Potential
Nippon India Large Cap Fund
₹1428138.45
@15.4% annual return (3Y)
LIC Mutual Fund Multi Cap Fund
₹2021967.48
@20.9% 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?
LIC Mutual Fund Multi Cap Fund gives better returns in the long run with a 3Y return of 20.86% and 5Y return of 11.46%.
Q2: Is the higher risk fund worth it?
No, the Sharpe ratio of LIC Mutual Fund Multi Cap Fund is lower than Nippon India Large Cap Fund, indicating that the higher risk is not compensated by higher returns.
Q3: Which fund is more cost-effective?
Nippon India Large Cap Fund is more cost-effective with an expense ratio of 1.56% compared to LIC Mutual Fund Multi Cap Fund's 1.68%.
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