Investment Objective and Approach

The objective of the Scheme is to achieve long-term growth of capital through research based investment approach. The fund seeks capital appreciation by investing in larger stocks with good fundamentals and good long-term prospects.

The fund follows a disciplined approach by focusing on:

- Large and Mid-Cap Investment Strategy: Nippon India Vision Fund is a large cap fund which has around 70% investment in large cap funds

- Sector-Based Selection: Sector based investment is done by Nippon India Vision Fund based on the macro-level understanding of various sectors

- Quality Stock Picking: Stocks that the Nippon India Vision portfolio is invested in, are highly attractive with the potential to provide great returns in the next 1-1.5 years

- Benchmark Performance: Nippon performance is primarily benchmarked against the NIFTY 500 TRI with NIFTY 50 TRI serving as an addition.

The fund maintains a diversified portfolio across various sectors including Financial Services, Consumer Cyclical, Industrials, Technology, and Basic Materials.

Fund Managers

Ashwani Kumar

Ashwani Kumar is the Current Fund Manager of Nippon India Vision Large & Mid Cap Direct Growth fund. His credentials include:

- Experience: Mr. Kumar has over 18 years of experience in the financial domain and has been a fund manager since 2003.

- Educational Background: Mr. Kumar holds an MBA degree in finance from the renowned Indian Institute of Management, Bangalore. A graduate of the University of Pune, he also holds an MBA in Finance.

- Previous Experience: Before joining Nippon India as Fund Manager, he was a Senior Research Analyst at Zurich Asset Management Co. India Pvt. Ltd. Where he managed and tracked the automobile, metals and engineering sectors.

- Current Role: Currently serving as the Senior Fund Manager for Equity Investments at Nippon India Mutual Fund

- Other Schemes Managed: Other mutual fund schemes managed by him are Nippon India Top 200 Fund and Nippon India Tax Saver (ELSS) Fund.

Amar Kalkundrikar (Co-Manager)

Amar Kalkundrikar is Fund Manager Equity at Nippon Life India Asset Management and has more than 20 years of experience in asset management industry. He is presently managing Nippon India Balanced Advantage Fund, Nippon India Vision fund and Nippon India Consumption Fund.

- Experience: Prior to joining NIMF in September 2020, Amar worked with HDFC Asset Management Company Ltd. for 18 years, where he performed various roles across investment management and equity research functions.

- Qualifications: Amar has completed his MBA from Columbia Business School, CFA from the CFA Institute and is a member of ICAI.

About the Fund House (AMC)

Nippon India Mutual Fund has a strong foundation and impressive track record in the Indian mutual fund industry:

Company Background

Nippon India Mutual Fund was launched as a joint venture between Japan's Nippon Life Insurance Company and India's Reliance Capital way back in 1996. Nippon purchased the stake of Reliance in October 2019 and the fund house has been renamed as Nippon India Mutual Fund. It has Nippon Life Insurance Company as the sponsor and Reliance Capital Trustee Co. Ltd. as the trustee.

Assets Under Management

Nippon India Mutual Fund had assets under management of a massive Rs 2,00,030 crore as of September 2020. The fund house manages a diverse portfolio of schemes across various asset classes.

Fund House Strengths

- Strong Japanese heritage combined with deep Indian market knowledge

- Experienced fund management team with proven track records

- Comprehensive product portfolio catering to different investor needs

- Robust research capabilities and investment processes

Should I Invest in Nippon India Vision Large & Mid Cap Fund?

This fund can be suitable for investors seeking:

Target Investor Profile

- Long-term wealth creation: The fund focuses on capital appreciation over extended periods

- Moderate to high risk tolerance: The Nippon India Vision Large & Mid Cap Direct Growth is rated Very High risk.

- Diversified equity exposure: Balanced exposure to both large-cap and mid-cap segments

Key Investment Features

- Minimum Investment: Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹5,000.

- Fund Performance: Nippon India Vision Large & Mid Cap Fund-Growth Plan-Growth Option trailing returns over different times are 2.1% (1 year), 21.41% (3 year), 23.46% (5 year).

- Fund Size: The fund currently has an Asset Under Management(AUM) of ₹6,44,226 Cr and the Latest NAV as of 22 Aug 2025 is ₹1,574.50.

Important Considerations

- Exit Load: For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months.

- Tax Implications: If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

FAQs

What is today's NAV of Nippon India Vision Large & Mid Cap Fund?

The Latest NAV as of 22 Aug 2025 is ₹1,574.50. NAV changes daily based on market conditions.

What is the AUM of Nippon India Vision Large & Mid Cap Fund?

The fund currently has an Asset Under Management(AUM) of ₹6,44,226 Cr as of August 2025.

What is the expense ratio of Nippon India Vision Large & Mid Cap Fund?

The expense ratio of this fund is 1.96%. This covers fund management and administrative costs.

What are the returns of Nippon India Vision Large & Mid Cap Fund since inception?

Returns since inception · 18.23%p.a. for the regular plan. Returns may vary between direct and regular plans.

What is the minimum SIP amount to invest in Nippon India Vision Large & Mid Cap Fund?

Minimum SIP Investment is set to ₹100. This makes it accessible for small investors to start their investment journey.

How do I invest in Nippon India Vision Large & Mid Cap Fund?

You can invest through Allvest platform, which offers convenient online investment options. Simply create an account on Allvest and choose your preferred investment amount and frequency.

How to start a SIP in Nippon India Vision Large & Mid Cap Fund?

Register on the Allvest platform, complete your KYC, select the Nippon India Vision Large & Mid Cap Fund, choose SIP option with your preferred monthly amount starting from ₹100.

How do I automate an SIP in Nippon India Vision Large & Mid Cap Fund?

Through Allvest, set up auto-debit instructions for your bank account to ensure seamless monthly investments without manual intervention.

How can I withdraw/redeem my investment in Nippon India Vision Large & Mid Cap Fund?

You can redeem your investment through the Allvest platform online or by submitting a redemption request. For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months.