Nippon India Vision Large & Mid Cap Fund
The fund maintains a defensive, domestically-focused stance with banking as the dominant sector at over 16 percent, reflecting conviction in financial stability and consumption recovery. Recent rebalancing signals modest profit-taking in heavyweight energy and aviation positions while adding selective exposure to industrials, insurance, and pharma—suggesting the manager is rotating toward quality and diversification rather than pursuing concentrated momentum. The minimal cash position and broad 105-holding structure indicate balanced confidence in the domestic cycle without aggressive bets.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹244.5803 | +0.07% | — | — | — |
| Regular Growth | ₹1452.1372 | +0.07% | +0.78% | +18.41% | +16.69% |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Voltas Limited | 0.74% |
| Hindalco Industries Limited | 0.56% |
| Cipla Limited | 0.44% |
| SBI Life Insurance Company Limited | 0.26% |
| L&T Technology Services Limited | 0.01% |
| Vedanta Aluminium Metal Limited** | 1.00% |
| Talwandi Sabo Power Limited** | 0.10% |
| Malco Energy Limited** | 0.10% |
| Vedanta Iron And Steel Limited** | 0.06% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Limited INE090A01021 | 4.23% |
| 2 | State Bank of India INE062A01020 | 3.33% |
| 3 | HDFC Bank Limited INE040A01034 | 3.22% |
| 4 | Axis Bank Limited INE238A01034 | 2.69% |
| 5 | Reliance Industries Limited INE002A01018 | 2.63% |
| 6 | Oil & Natural Gas Corporation Limited INE213A01029 | 2.54% |
| 7 | BSE Limited INE118H01025 | 2.29% |
| 8 | NTPC Limited INE733E01010 | 2.14% |
| 9 | Varun Beverages Limited INE200M01039 | 1.89% |
| 10 | Titan Company Limited INE280A01028 | 1.87% |
| 11 | FSN E-Commerce Ventures Limited INE388Y01029 | 1.87% |
| 12 | Astral Limited INE006I01046 | 1.84% |
| 13 | TVS Motor Company Limited INE494B01023 | 1.73% |
| 14 | Fortis Healthcare Limited INE061F01013 | 1.73% |
| 15 | Triparty Repo | 1.67% |
| 16 | Cummins India Limited INE298A01020 | 1.67% |
| 17 | Larsen & Toubro Limited INE018A01030 | 1.64% |
| 18 | Blue Star Limited INE472A01039 | 1.63% |
| 19 | Trent Limited INE849A01020 | 1.51% |
| 20 | Persistent Systems Limited INE262H01021 | 1.49% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does Nippon India Vision Large & Mid Cap Fund hold?
Nippon India Vision Large & Mid Cap Fund holds 102 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 16.10% of NAV.
What is the largest holding in Nippon India Vision Large & Mid Cap Fund?
The largest position in Nippon India Vision Large & Mid Cap Fund is ICICI Bank Limited, accounting for 4.23% of NAV in the Banks sector.
Is Nippon India Vision Large & Mid Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.413, Nippon India Vision Large & Mid Cap Fund is well-diversified. The HHI concentration index is 15,451 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 16.10% of the portfolio.
What is the market cap allocation of Nippon India Vision Large & Mid Cap Fund?
Based on SEBI's AMFI classification, Nippon India Vision Large & Mid Cap Fund's equity portfolio is split as: Large Cap: 59.19%, Mid Cap: 37.62%, Small Cap: 0.00%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Nippon India Vision Large & Mid Cap Fund invest in most?
Nippon India Vision Large & Mid Cap Fund has the highest allocation to Banks (16.28%), Automobiles (6.07%), Consumer Durables (6.01%). The fund is invested across 38 sectors in total.
How actively managed is Nippon India Vision Large & Mid Cap Fund compared to other Large & Mid Cap Fund funds?
Nippon India Vision Large & Mid Cap Fund has an Active Share of 51.43%, classifying it as "Active Stock Picker" among 33 Large & Mid Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Nippon India Vision Large & Mid Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Nippon India Vision Large & Mid Cap Fund added 9 new stocks (including Voltas Limited) and exited 2 stocks (including The Indian Hotels Company Limited). Total holding count increased from 98 to 105 stocks.