Nippon India Large Cap Fund vs SBI Midcap Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
15.4%
3Y Return
15.45%
Today, we're comparing two popular mutual funds, Nippon India Large Cap Fund and SBI Midcap Fund, to help you decide which one is right for your investment goals. Dekho, both funds are in the same risk category, Very High, but they have different investment styles, which makes them suitable for different types of investors. Chaliye, let's dive into the details to see which fund is better suited for long-term wealth creation.
| Parameter | ANippon India Large Cap Fund - Regular Plan - Growth | BSBI Midcap Fund - Direct Plan - Growth |
|---|---|---|
| Fund House | Nippon India | SBI Mutual Fund |
| Category | Large Cap | Mid Cap |
| NAV (₹) | 42.22 | 264.93 |
| AUM (₹ Cr) | 5.17 Lac Cr | 2.32 Lac Cr |
| Expense Ratio (%) | 1.56% | 1.62% |
| Riskometer | Very High | Very High |
| Volatility | 12.27 | 14.71 |
| Sharpe Ratio | 0.73 | 0.61 |
| 1 Year Return (%) | -0.91% | 1.71% |
| 3 Year Return (%) | 15.4% | 15.45% |
| 5 Year Return (%) | 3.31% | 16.58% |
| Since Launch (%) | 12.7% | 18.28% |
| 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) | Bhavin Vithlani; Pradeep Kesavan (2.5 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%) | Bharat Heavy Electricals Ltd. (3.79%), Torrent Power Ltd. (3.73%), Adani Energy Solutions Ltd. (3.49%) |
| Asset Allocation | Equity: 96.43% | Equity: 93.08% | T-Bills: 1.19% | Futures: 0.29% |
| Portfolio Turnover | 70% | 33% |
🤖 AI Verdict – Which is Better?
Based on our analysis, we believe SBI Midcap Fund is a better option for long-term wealth creation. Dekho, its 3Y return is 15.45% compared to Nippon India Large Cap Fund's 15.4%. Lekin, the difference is small, so let's look at the expense ratio. SBI Midcap Fund has an expense ratio of 1.62%, while Nippon India Large Cap Fund has an expense ratio of 1.56%, which is slightly lower. Sach ye hai, for long-term wealth creation, low expenses are important, so we give a slight edge to Nippon India Large Cap Fund. Haan, but overall, SBI Midcap Fund is a better option due to its slightly higher returns.
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 SBI Midcap Fund?
- Expense ratio: 1.62%
- 3Y return: 15.45%
- AUM: 2.32 Lac Cr
- Sharpe Ratio: 0.61
📈 SIP Suitability
For a monthly SIP of 10+ years, we recommend Nippon India Large Cap Fund. Chaliye, its 1Y return is -0.91%, while SBI Midcap Fund's 1Y return is 1.71%. Dekho, this might seem like a bad start, but for long-term SIPs, consistency is key. Nippon India Large Cap Fund has a more stable return history, making it a better option for SIPs. Haan, SBI Midcap Fund has higher returns in the long run, but Nippon India Large Cap Fund is more suitable for SIPs due to its consistency.
⚠️ Risk & Cost Analysis
When it comes to risk, both funds have a Very High riskometer, which means they are not suitable for conservative investors. Dekho, SBI Midcap Fund has a higher volatility of 14.71, while Nippon India Large Cap Fund has a lower volatility of 12.27. Lekin, this doesn't necessarily mean SBI Midcap Fund is riskier. Haan, let's look at the Sharpe ratio. Nippon India Large Cap Fund has a Sharpe ratio of 0.73, while SBI Midcap Fund has a Sharpe ratio of 0.61. Sach ye hai, this means Nippon India Large Cap Fund offers better risk-adjusted returns.
📊 Portfolio Diversification
When it comes to portfolio diversification, Nippon India Large Cap Fund is more concentrated, with its top 3 holdings making up 21.53% of the portfolio. Dekho, SBI Midcap Fund has a more diversified portfolio, with its top 3 holdings making up 11.01% of the portfolio. Lekin, this doesn't necessarily mean SBI Midcap Fund is more diversified. Haan, let's look at the sector allocation. Nippon India Large Cap Fund has a more sector-diversified portfolio, with no single sector making up more than 5% of the portfolio. Sach ye hai, this makes Nippon India Large Cap Fund a better option for investors who want to avoid sector risk.
SIP Calculator – Compare Growth Potential
Nippon India Large Cap Fund
₹1428138.45
@15.4% annual return (3Y)
SBI Midcap Fund
₹1432566.71
@15.4% 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?
SBI Midcap Fund gives better returns in the long run, with a 5Y return of 16.58% compared to Nippon India Large Cap Fund's 3.31%. Haan, this is a significant difference, making SBI Midcap Fund a better option for long-term investors.
Q2: Is the higher risk fund worth it?
SBI Midcap Fund has a higher risk, but it also offers higher returns. Dekho, its Sharpe ratio is lower than Nippon India Large Cap Fund's, which means it may not offer better risk-adjusted returns. Haan, this makes Nippon India Large Cap Fund a safer option for risk-averse investors.
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 SBI Midcap Fund's 1.62%. Haan, this difference may not seem significant, but it can add up over time, making Nippon India Large Cap Fund a better option for cost-conscious investors.
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