Nippon India Large Cap Fund vs ICICI Prudential Multi Cap Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
15.4%
3Y Return
20.43%
Today, we are comparing two SEBI-registered funds, Fund A - Nippon India Large Cap Fund and Fund B - ICICI Prudential Multi Cap Fund. Both funds are Direct Plan - Growth and have a "Very High" riskometer. In this article, we will delve into the performance, risk, cost, and portfolio diversification of these funds to help you decide which one is better suited for your long-term wealth creation goals.
| Parameter | ANippon India Large Cap Fund - Direct Plan - Growth | BICICI Prudential Multi Cap Fund - Direct Plan - Growth |
|---|---|---|
| Fund House | Nippon India | ICICI Prudential |
| Category | Large Cap | Multi Cap |
| NAV (₹) | 98.75 | 934.98 |
| AUM (₹ Cr) | 5.17 Lac Cr | 1.70 Lac Cr |
| Expense Ratio (%) | 0.8% | 0.99% |
| Riskometer | Very High | Very High |
| Volatility | 12.25 | 13.45 |
| Sharpe Ratio | 0.73 | 1.04 |
| 1 Year Return (%) | -0.91% | 6.9% |
| 3 Year Return (%) | 15.4% | 20.43% |
| 5 Year Return (%) | 16.46% | 17.37% |
| Since Launch (%) | 15.3% | 16.31% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 2 January 2013 | 2 January 2013 |
| Exit Load | Nil | Nil |
| Fund Manager | Amber Singhania; Bhavik Dave; Kinjal Desai; Sailesh Raj Bhan (13.4 years yrs) | Lalit Kumar; Sharmila D'Silva (3.9 years yrs) |
| Benchmark | BSE 100 Total Return Index | 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%) | BSE Ltd. (3.31%), Ultratech Cement Ltd. (2.85%), Jindal Steel Ltd. (2.73%) |
| Asset Allocation | Equity: 96.43% | Equity: 97.97% |
| Portfolio Turnover | 70% | 45% |
🤖 AI Verdict – Which is Better?
Based on 3Y return, expense ratio, and risk, Fund B - ICICI Prudential Multi Cap Fund is a clear winner for long-term wealth creation. It has a higher 3Y return of 20.43% compared to Fund A's 15.4%. Additionally, both funds have a very high riskometer, but Fund B's expense ratio of 0.99% is slightly lower than Fund A's 0.8%. Therefore, for long-term wealth creation, we recommend Fund B.
Why consider Nippon India Large Cap Fund?
- Expense ratio: 0.8%
- 3Y return: 15.4%
- AUM: 5.17 Lac Cr
- Sharpe Ratio: 0.73
Why consider ICICI Prudential Multi Cap Fund?
- Expense ratio: 0.99%
- 3Y return: 20.43%
- AUM: 1.70 Lac Cr
- Sharpe Ratio: 1.04
📈 SIP Suitability
For a monthly SIP for 10+ years, we recommend Fund A - Nippon India Large Cap Fund. Although Fund B has a higher 3Y return, Fund A's 1Y return of -0.91% is lower, indicating a more stable return in the short term. Fund A's consistency in returns over the past 5 years is also commendable, making it a better choice for a long-term SIP.
⚠️ Risk & Cost Analysis
When it comes to risk-adjusted returns, Fund B - ICICI Prudential Multi Cap Fund offers better returns considering its Sharpe ratio of 1.04. The Sharpe ratio measures the excess return per unit of risk. Fund A has a Sharpe ratio of 0.73, indicating higher volatility for the same return. Additionally, Fund B's higher 5Y return of 17.37% is also commendable, considering its higher volatility.
📊 Portfolio Diversification
Both funds have a high equity allocation, with Fund A at 96.43% and Fund B at 97.97%. However, Fund A has a more diversified top 3 holdings with HDFC Bank Ltd. (9.24%), ICICI Bank Ltd. (7.99%), and Reliance Industries Ltd. (4.3%). Fund B's top 3 holdings are BSE Ltd. (3.31%), Ultratech Cement Ltd. (2.85%), and Jindal Steel Ltd. (2.73%), indicating a higher concentration of sector risk.
SIP Calculator – Compare Growth Potential
Nippon India Large Cap Fund
₹1428138.45
@15.4% annual return (3Y)
ICICI Prudential Multi Cap Fund
₹1966010.45
@20.4% 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?
Based on 5Y returns, Fund A - Nippon India Large Cap Fund gives better returns with 16.46% compared to Fund B's 17.37% returns are same, but Fund B's consistency is better in 5 year returns.
Q2: Is the higher risk fund worth it?
No, Fund A - Nippon India Large Cap Fund is not worth the higher risk considering its volatility of 12.25 compared to Fund B's 13.45. Fund A's Sharpe ratio of 0.73 is also lower than Fund B's 1.04, indicating lower risk-adjusted returns.
Q3: Which fund is more cost-effective?
Fund A - Nippon India Large Cap Fund is more cost-effective with an expense ratio of 0.8% compared to Fund B's 0.99%. Therefore, for cost-conscious investors, Fund A is the better choice.
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