5 Best Nippon/Reliance Equity Mutual Funds 2026

Updated on June 7, 2026 , 35666 views

Nippon India Mutual Fund or (Formerly known as Reliance Mutual Funds) have been managing Equity Funds since 1995. The fund house involves highly experienced equity fund management & research team to manage your funds. Thus, the equity mutual funds by the AMC holds a lot of potential to offer higher returns to the investors.

As, equities are very risky, investors who can bear the equity risk and can invest for a long duration, can ideally invest in this fund.

Important Information

From October 2019, Reliance Mutual Fund has been renamed as Nippon India Mutual Fund. Nippon Life has acquired majority (75%) stakes in Reliance Nippon Asset Management (RNAM). The company will continue to run its operations without any change in structure and management.

Why Invest in Nippon or Reliance Equity Funds

The equity funds offered by Nippon India allow one to plan their long-term investment goals. One can invest equity in these funds and plan goals that they wish to fulfill in the long-run.
The fund managers at Nippon AMC are experts in managing investments and come with a rich experience of many years. Also, the fund managers are backed by a team of risk management specialists who ensure that your investment is well protected.
The AMC offers Tax Saving Scheme named as Nippon tax saver Fund (ELSS). One can plan their taxes under sec 80C with this scheme.
Investors can invest in Reliance equity funds with a minimum amount as low as INR 100 via a SIP.

Some of the top performers from this fund house are listed below. The top rated funds have been shortlisted by undertaking certain parameters like AUM, NAV, past performances, etc.

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Fund Selection Methodology used to find 5 funds

Category: Equity
Asset Management Company : Nippon India
Sorted On : drat (high to low)
Tags: fcpro
No Of Funds: 5

Best Reliance/Nippon Equity Mutual Funds

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)	Sharpe Ratio
Nippon India Japan Equity Fund Growth	₹27.0849 ↑ 0.22	₹330	13.1	20.2	34.7	18.6	10.1	19.8	1.49
Nippon India Power and Infra Fund Growth	₹374.866 ↑ 2.59	₹7,707	10.6	10.6	7.1	23.6	22.7	-0.5	0.54
Nippon India Small Cap Fund Growth	₹172.467 ↑ 1.77	₹72,673	11.6	5.1	1.3	17.9	19.9	-4.7	0.29
Nippon India Large Cap Fund Growth	₹86.0471 ↑ 0.70	₹51,690	-1.8	-7.6	-5.4	13	14.4	9.2	-0.07
Nippon India Tax Saver Fund (ELSS) Growth	₹127.23 ↑ 1.21	₹14,742	2.7	-2.3	-1.8	15.1	13.6	6	0.07
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 9 Jun 26
Note: Ratio's shown as on 30 Apr 26

Research Highlights & Commentary of 5 Funds showcased

Commentary	Nippon India Japan Equity Fund	Nippon India Power and Infra Fund	Nippon India Small Cap Fund	Nippon India Large Cap Fund	Nippon India Tax Saver Fund (ELSS)
Point 1	Bottom quartile AUM (₹330 Cr).	Bottom quartile AUM (₹7,707 Cr).	Highest AUM (₹72,673 Cr).	Upper mid AUM (₹51,690 Cr).	Lower mid AUM (₹14,742 Cr).
Point 2	Established history (11+ yrs).	Oldest track record among peers (22 yrs).	Established history (15+ yrs).	Established history (18+ yrs).	Established history (20+ yrs).
Point 3	Top rated.	Rating: 4★ (upper mid).	Rating: 4★ (lower mid).	Rating: 4★ (bottom quartile).	Rating: 3★ (bottom quartile).
Point 4	Risk profile: High.	Risk profile: High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.
Point 5	5Y return: 10.11% (bottom quartile).	5Y return: 22.66% (top quartile).	5Y return: 19.86% (upper mid).	5Y return: 14.42% (lower mid).	5Y return: 13.62% (bottom quartile).
Point 6	3Y return: 18.58% (upper mid).	3Y return: 23.58% (top quartile).	3Y return: 17.90% (lower mid).	3Y return: 12.98% (bottom quartile).	3Y return: 15.13% (bottom quartile).
Point 7	1Y return: 34.72% (top quartile).	1Y return: 7.13% (upper mid).	1Y return: 1.28% (lower mid).	1Y return: -5.37% (bottom quartile).	1Y return: -1.77% (bottom quartile).
Point 8	Alpha: -6.84 (bottom quartile).	Alpha: 7.84 (top quartile).	Alpha: 0.91 (bottom quartile).	Alpha: 1.61 (upper mid).	Alpha: 1.23 (lower mid).
Point 9	Sharpe: 1.49 (top quartile).	Sharpe: 0.54 (upper mid).	Sharpe: 0.29 (lower mid).	Sharpe: -0.07 (bottom quartile).	Sharpe: 0.07 (bottom quartile).
Point 10	Information ratio: -1.44 (bottom quartile).	Information ratio: 0.64 (lower mid).	Information ratio: -0.16 (bottom quartile).	Information ratio: 1.16 (top quartile).	Information ratio: 0.71 (upper mid).

Nippon India Japan Equity Fund

Bottom quartile AUM (₹330 Cr).
Established history (11+ yrs).
Top rated.
Risk profile: High.
5Y return: 10.11% (bottom quartile).
3Y return: 18.58% (upper mid).
1Y return: 34.72% (top quartile).
Alpha: -6.84 (bottom quartile).
Sharpe: 1.49 (top quartile).
Information ratio: -1.44 (bottom quartile).

Nippon India Power and Infra Fund

Bottom quartile AUM (₹7,707 Cr).
Oldest track record among peers (22 yrs).
Rating: 4★ (upper mid).
Risk profile: High.
5Y return: 22.66% (top quartile).
3Y return: 23.58% (top quartile).
1Y return: 7.13% (upper mid).
Alpha: 7.84 (top quartile).
Sharpe: 0.54 (upper mid).
Information ratio: 0.64 (lower mid).

Nippon India Small Cap Fund

Highest AUM (₹72,673 Cr).
Established history (15+ yrs).
Rating: 4★ (lower mid).
Risk profile: Moderately High.
5Y return: 19.86% (upper mid).
3Y return: 17.90% (lower mid).
1Y return: 1.28% (lower mid).
Alpha: 0.91 (bottom quartile).
Sharpe: 0.29 (lower mid).
Information ratio: -0.16 (bottom quartile).

Nippon India Large Cap Fund

Upper mid AUM (₹51,690 Cr).
Established history (18+ yrs).
Rating: 4★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 14.42% (lower mid).
3Y return: 12.98% (bottom quartile).
1Y return: -5.37% (bottom quartile).
Alpha: 1.61 (upper mid).
Sharpe: -0.07 (bottom quartile).
Information ratio: 1.16 (top quartile).

Nippon India Tax Saver Fund (ELSS)

Lower mid AUM (₹14,742 Cr).
Established history (20+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 13.62% (bottom quartile).
3Y return: 15.13% (bottom quartile).
1Y return: -1.77% (bottom quartile).
Alpha: 1.23 (lower mid).
Sharpe: 0.07 (bottom quartile).
Information ratio: 0.71 (upper mid).

About the Fincash Research Team

At Fincash, our mission is to help investors make informed, confident decisions. With over 10 years in Mutual Fund distribution, our team blends deep industry expertise with a commitment to transparency, accuracy, and investor education.

Who We Are

AMFI Registration No.: 112358
MCA CIN: U74999MH2016PTC282153
Location: Thane, Maharashtra, India
Experience: 10+ years in Mutual Fund distribution

Our Expertise

Certified Mutual Fund Distributors with hands-on advisory experience.
Market analysts tracking performance, macro trends, and sectors.
Data specialists processing NAVs, allocations, and risk metrics from Morning Star.

Our Research Process

Data sourcing: SEBI-registered fund houses & verified third-party provider Morning Star
Screening: Returns, manager track record, expenses, sector mix, risk-adjusted metrics.
Expert review: Senior team members review every article and list for accuracy.
Updates: Regular refreshes so performance data reflects current market conditions.

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Disclaimer

Content is for educational and informational purposes only and is not investment advice. Please consider your risk profile and consult a financial advisor before investing.

1. Nippon India Japan Equity Fund

The primary investment objective of Reliance Japan Equity Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on the recognized stock exchanges of Japan and the secondary objective is to generate consistent returns by investing in debt and money market securities of India. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Research Highlights for Nippon India Japan Equity Fund

Bottom quartile AUM (₹330 Cr).
Established history (11+ yrs).
Top rated.
Risk profile: High.
5Y return: 10.11% (bottom quartile).
3Y return: 18.58% (upper mid).
1Y return: 34.72% (top quartile).
Alpha: -6.84 (bottom quartile).
Sharpe: 1.49 (top quartile).
Information ratio: -1.44 (bottom quartile).

Below is the key information for Nippon India Japan Equity Fund

Nippon India Japan Equity Fund Growth
Launch Date	26 Aug 14
NAV (09 Jun 26)	₹27.0849 ↑ 0.22 (0.83 %)
Net Assets (Cr)	₹330 on 30 Apr 26
Category	Equity - Global
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	High
Expense Ratio	2.45
Sharpe Ratio	1.49
Information Ratio	-1.44
Alpha Ratio	-6.84
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-1 Years (1%),1 Years and above(NIL)
Sub Cat.	Global

Growth of 10,000 investment over the years.

Date	Value
31 May 21	₹10,000
31 May 22	₹9,164
31 May 23	₹9,541
31 May 24	₹10,864
31 May 25	₹12,437
31 May 26	₹16,756

Nippon India Japan Equity Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578 Invest Now

Returns for Nippon India Japan Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Jun 26

Duration	Returns
1 Month	2.5%
3 Month	13.1%
6 Month	20.2%
1 Year	34.7%
3 Year	18.6%
5 Year	10.1%
10 Year
15 Year
Since launch	10.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	19.8%
2023	9.3%
2022	18.7%
2021	-15.3%
2020	5.7%
2019
2018
2017
2016
2015

Fund Manager information for Nippon India Japan Equity Fund

Name	Since	Tenure
Kinjal Desai	25 May 18	8.02 Yr.
Amber Singhania	11 Mar 26	0.22 Yr.

Data below for Nippon India Japan Equity Fund as on 30 Apr 26

Equity Sector Allocation

Sector	Value
Industrials	22.64%
Technology	15.7%
Consumer Cyclical	13.58%
Financial Services	12.15%
Communication Services	5.86%
Consumer Defensive	5.76%
Real Estate	5.07%
Basic Materials	3.2%
Health Care	2.67%

Asset Allocation

Asset Class	Value
Cash	13.37%
Equity	86.63%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
TDK Corp (Technology) Equity, Since 30 Jun 22 \| 6762	4%	₹13 Cr	73,600
Tokio Marine Holdings Inc (Financial Services) Equity, Since 30 Jun 22 \| 8766	3%	₹11 Cr	26,000
Keyence Corp (Technology) Equity, Since 30 Jun 23 \| 6861	3%	₹11 Cr	2,600
SMC Corp (Industrials) Equity, Since 30 Jun 23 \| 6273	3%	₹11 Cr	2,400
Shin-Etsu Chemical Co Ltd (Basic Materials) Equity, Since 30 Jun 17 \| 4063	3%	₹11 Cr	24,600
Tokyo Electron Ltd (Technology) Equity, Since 31 Jul 18 \| 8035	3%	₹11 Cr	4,000
Ajinomoto Co Inc (Consumer Defensive) Equity, Since 30 Jun 23 \| 2802	3%	₹10 Cr	34,700
Fast Retailing Co Ltd (Consumer Cyclical) Equity, Since 31 Jul 15 \| 9983	3%	₹10 Cr	2,400
BayCurrent Inc (Industrials) Equity, Since 30 Jun 22 \| 6532	3%	₹10 Cr	34,800
Recruit Holdings Co Ltd (Communication Services) Equity, Since 30 Jun 23 \| 6098	3%	₹10 Cr	23,600

2. Nippon India Power and Infra Fund

(Erstwhile Reliance Diversified Power Sector Fund)

The primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies in the power sector.

Research Highlights for Nippon India Power and Infra Fund

Bottom quartile AUM (₹7,707 Cr).
Oldest track record among peers (22 yrs).
Rating: 4★ (upper mid).
Risk profile: High.
5Y return: 22.66% (top quartile).
3Y return: 23.58% (top quartile).
1Y return: 7.13% (upper mid).
Alpha: 7.84 (top quartile).
Sharpe: 0.54 (upper mid).
Information ratio: 0.64 (lower mid).

Below is the key information for Nippon India Power and Infra Fund

Nippon India Power and Infra Fund Growth
Launch Date	8 May 04
NAV (09 Jun 26)	₹374.866 ↑ 2.59 (0.70 %)
Net Assets (Cr)	₹7,707 on 30 Apr 26
Category	Equity - Sectoral
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	High
Expense Ratio	1.85
Sharpe Ratio	0.54
Information Ratio	0.64
Alpha Ratio	7.84
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-1 Years (1%),1 Years and above(NIL)
Sub Cat.	Sectoral

Growth of 10,000 investment over the years.

Date	Value
31 May 21	₹10,000
31 May 22	₹11,291
31 May 23	₹14,690
31 May 24	₹26,370
31 May 25	₹26,323
31 May 26	₹29,409

Nippon India Power and Infra Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹530,691.
Net Profit of ₹230,691 Invest Now

Returns for Nippon India Power and Infra Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Jun 26

Duration	Returns
1 Month	-3.3%
3 Month	10.6%
6 Month	10.6%
1 Year	7.1%
3 Year	23.6%
5 Year	22.7%
10 Year
15 Year
Since launch	17.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	-0.5%
2023	26.9%
2022	58%
2021	10.9%
2020	48.9%
2019	10.8%
2018	-2.9%
2017	-21.1%
2016	61.7%
2015	0.1%

Fund Manager information for Nippon India Power and Infra Fund

Name	Since	Tenure
Kinjal Desai	25 May 18	8.02 Yr.
Rahul Modi	19 Aug 24	1.78 Yr.
Amber Singhania	11 Mar 26	0.22 Yr.

Data below for Nippon India Power and Infra Fund as on 30 Apr 26

Equity Sector Allocation

Sector	Value
Industrials	35.15%
Utility	22.71%
Consumer Cyclical	10.87%
Energy	10.01%
Basic Materials	6.11%
Technology	4.98%
Financial Services	3.58%
Health Care	2.11%
Communication Services	2.08%
Real Estate	1.65%

Asset Allocation

Asset Class	Value
Cash	0.74%
Equity	99.26%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Reliance Industries Ltd (Energy) Equity, Since 30 Nov 18 \| RELIANCE	9%	₹667 Cr	4,660,000
Larsen & Toubro Ltd (Industrials) Equity, Since 30 Nov 07 \| LT	7%	₹541 Cr	1,346,958 ↑ 182,621
NTPC Ltd (Utilities) Equity, Since 31 May 09 \| 532555	7%	₹525 Cr	13,154,060 ↓ -645,940
NTPC Green Energy Ltd (Utilities) Equity, Since 30 Nov 24 \| NTPCGREEN	4%	₹288 Cr	26,191,079 ↑ 1,700,000
Tata Power Co Ltd (Utilities) Equity, Since 30 Apr 23 \| 500400	3%	₹265 Cr	5,950,789 ↓ -1,650,000
Bharat Heavy Electricals Ltd (Industrials) Equity, Since 30 Sep 24 \| 500103	3%	₹245 Cr	6,948,468 ↑ 100,000
CG Power & Industrial Solutions Ltd (Industrials) Equity, Since 30 Sep 24 \| 500093	2%	₹176 Cr	2,170,014 ↓ -550,000
Triveni Turbine Ltd (Industrials) Equity, Since 30 Jun 25 \| 533655	2%	₹176 Cr	3,073,288 ↑ 60,249
Power Finance Corp Ltd (Financial Services) Equity, Since 31 Oct 24 \| 532810	2%	₹175 Cr	3,900,000 ↑ 300,000
UltraTech Cement Ltd (Basic Materials) Equity, Since 31 Oct 19 \| 532538	2%	₹174 Cr	150,000

3. Nippon India Small Cap Fund

The primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments of small cap companies and the secondary objective is to generate consistent returns by investing in debt and money market securities.

Research Highlights for Nippon India Small Cap Fund

Highest AUM (₹72,673 Cr).
Established history (15+ yrs).
Rating: 4★ (lower mid).
Risk profile: Moderately High.
5Y return: 19.86% (upper mid).
3Y return: 17.90% (lower mid).
1Y return: 1.28% (lower mid).
Alpha: 0.91 (bottom quartile).
Sharpe: 0.29 (lower mid).
Information ratio: -0.16 (bottom quartile).

Below is the key information for Nippon India Small Cap Fund

Nippon India Small Cap Fund Growth
Launch Date	16 Sep 10
NAV (09 Jun 26)	₹172.467 ↑ 1.77 (1.04 %)
Net Assets (Cr)	₹72,673 on 30 Apr 26
Category	Equity - Small Cap
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	1.44
Sharpe Ratio	0.29
Information Ratio	-0.16
Alpha Ratio	0.91
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-1 Years (1%),1 Years and above(NIL)
Sub Cat.	Small Cap

Growth of 10,000 investment over the years.

Date	Value
31 May 21	₹10,000
31 May 22	₹11,954
31 May 23	₹15,166
31 May 24	₹23,187
31 May 25	₹24,609
31 May 26	₹25,719

Nippon India Small Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹493,520.
Net Profit of ₹193,520 Invest Now

Returns for Nippon India Small Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Jun 26

Duration	Returns
1 Month	-2%
3 Month	11.6%
6 Month	5.1%
1 Year	1.3%
3 Year	17.9%
5 Year	19.9%
10 Year
15 Year
Since launch	19.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	-4.7%
2023	26.1%
2022	48.9%
2021	6.5%
2020	74.3%
2019	29.2%
2018	-2.5%
2017	-16.7%
2016	63%
2015	5.6%

Fund Manager information for Nippon India Small Cap Fund

Name	Since	Tenure
Samir Rachh	2 Jan 17	9.42 Yr.
Kinjal Desai	25 May 18	8.02 Yr.
Amber Singhania	11 Mar 26	0.22 Yr.

Data below for Nippon India Small Cap Fund as on 30 Apr 26

Equity Sector Allocation

Sector	Value
Industrials	24.39%
Financial Services	15.49%
Consumer Cyclical	14.32%
Basic Materials	10.99%
Consumer Defensive	9.84%
Health Care	8.84%
Technology	6.74%
Utility	3.53%
Communication Services	1.13%
Real Estate	0.88%
Energy	0.45%

Asset Allocation

Asset Class	Value
Cash	2.95%
Equity	97.05%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 30 Apr 22 \| HDFCBANK	2%	₹1,370 Cr	17,754,929 ↑ 2,454,929
Multi Commodity Exchange of India Ltd (Financial Services) Equity, Since 28 Feb 21 \| MCX	2%	₹1,278 Cr	4,300,000 ↓ -1,050,645
Bharat Heavy Electricals Ltd (Industrials) Equity, Since 30 Sep 22 \| 500103	2%	₹1,216 Cr	34,507,422 ↑ 2,000,000
TD Power Systems Ltd (Industrials) Equity, Since 31 Dec 15 \| TDPOWERSYS	2%	₹1,116 Cr	9,680,747 ↓ -72,529
Apar Industries Ltd (Industrials) Equity, Since 31 Mar 17 \| APARINDS	1%	₹1,085 Cr	879,502
Karur Vysya Bank Ltd (Financial Services) Equity, Since 28 Feb 17 \| 590003	1%	₹936 Cr	31,907,252
Zydus Wellness Ltd (Consumer Defensive) Equity, Since 31 Aug 16 \| ZYDUSWELL	1%	₹878 Cr	17,273,570 ↑ 129,481
State Bank of India (Financial Services) Equity, Since 31 Oct 19 \| SBIN	1%	₹855 Cr	8,000,000
NLC India Ltd (Utilities) Equity, Since 31 Oct 22 \| NLCINDIA	1%	₹855 Cr	26,990,331
Kirloskar Brothers Ltd (Industrials) Equity, Since 31 Oct 12 \| KIRLOSBROS	1%	₹783 Cr	4,525,148

4. Nippon India Large Cap Fund

(Erstwhile Reliance Top 200 Fund)

The primary investment objective of the scheme is to seek to generate long term capital appreciation by investing in equity and equity related instruments of companies whose market capitalization is within the range of highest & lowest market capitalization of S&P BSE 200 Index. The secondary objective is to generate consistent returns by investing in debt and money market securities.

Research Highlights for Nippon India Large Cap Fund

Upper mid AUM (₹51,690 Cr).
Established history (18+ yrs).
Rating: 4★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 14.42% (lower mid).
3Y return: 12.98% (bottom quartile).
1Y return: -5.37% (bottom quartile).
Alpha: 1.61 (upper mid).
Sharpe: -0.07 (bottom quartile).
Information ratio: 1.16 (top quartile).

Below is the key information for Nippon India Large Cap Fund

Nippon India Large Cap Fund Growth
Launch Date	8 Aug 07
NAV (09 Jun 26)	₹86.0471 ↑ 0.70 (0.82 %)
Net Assets (Cr)	₹51,690 on 30 Apr 26
Category	Equity - Large Cap
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderately High
Expense Ratio	1.58
Sharpe Ratio	-0.07
Information Ratio	1.16
Alpha Ratio	1.61
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-1 Years (1%),1 Years and above(NIL)
Sub Cat.	Large Cap

Growth of 10,000 investment over the years.

Date	Value
31 May 21	₹10,000
31 May 22	₹11,187
31 May 23	₹13,559
31 May 24	₹18,596
31 May 25	₹20,435
31 May 26	₹20,127

Nippon India Large Cap Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710 Invest Now

Returns for Nippon India Large Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Jun 26

Duration	Returns
1 Month	-3.9%
3 Month	-1.8%
6 Month	-7.6%
1 Year	-5.4%
3 Year	13%
5 Year	14.4%
10 Year
15 Year
Since launch	12.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	9.2%
2023	18.2%
2022	32.1%
2021	11.3%
2020	32.4%
2019	4.9%
2018	7.3%
2017	-0.2%
2016	38.4%
2015	2.2%

Fund Manager information for Nippon India Large Cap Fund

Name	Since	Tenure
Sailesh Raj Bhan	8 Aug 07	18.83 Yr.
Kinjal Desai	25 May 18	8.02 Yr.
Bhavik Dave	19 Aug 24	1.78 Yr.
Amber Singhania	11 Mar 26	0.22 Yr.

Data below for Nippon India Large Cap Fund as on 30 Apr 26

Equity Sector Allocation

Sector	Value
Financial Services	34.04%
Consumer Cyclical	13.93%
Consumer Defensive	11.31%
Industrials	8.35%
Health Care	7.43%
Technology	7.36%
Utility	5.91%
Energy	4.3%
Basic Materials	2.4%
Real Estate	0.68%
Communication Services	0.21%

Asset Allocation

Asset Class	Value
Cash	3.56%
Equity	96.44%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Dec 08 \| HDFCBANK	9%	₹4,775 Cr	61,880,734 ↑ 4,800,000
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 09 \| ICICIBANK	8%	₹4,129 Cr	32,677,945 ↑ 5,250,000
Reliance Industries Ltd (Energy) Equity, Since 31 Aug 19 \| RELIANCE	4%	₹2,223 Cr	15,537,539 ↓ -3,500,000
Axis Bank Ltd (Financial Services) Equity, Since 31 Mar 15 \| 532215	4%	₹1,981 Cr	15,615,542
Bajaj Finance Ltd (Financial Services) Equity, Since 31 Dec 21 \| 500034	4%	₹1,877 Cr	20,034,184 ↑ 3,964,284
Larsen & Toubro Ltd (Industrials) Equity, Since 30 Sep 07 \| LT	3%	₹1,765 Cr	4,397,774 ↓ -700,000
GE Vernova T&D India Ltd (Industrials) Equity, Since 30 Jun 12 \| 522275	3%	₹1,498 Cr	3,353,420 ↓ -217,067
Infosys Ltd (Technology) Equity, Since 30 Sep 07 \| INFY	3%	₹1,433 Cr	12,126,097 ↑ 500,000
ITC Ltd (Consumer Defensive) Equity, Since 31 Jan 16 \| ITC	3%	₹1,418 Cr	45,029,812 ↑ 2,200,000
Hindustan Unilever Ltd (Consumer Defensive) Equity, Since 30 Sep 20 \| HINDUNILVR	3%	₹1,350 Cr	5,998,878 ↑ 963,126

5. Nippon India Tax Saver Fund (ELSS)

The primary objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. However, there can be no assurance that the scheme’s investment objective shall be achieved.

Research Highlights for Nippon India Tax Saver Fund (ELSS)

Lower mid AUM (₹14,742 Cr).
Established history (20+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 13.62% (bottom quartile).
3Y return: 15.13% (bottom quartile).
1Y return: -1.77% (bottom quartile).
Alpha: 1.23 (lower mid).
Sharpe: 0.07 (bottom quartile).
Information ratio: 0.71 (upper mid).

Below is the key information for Nippon India Tax Saver Fund (ELSS)

Nippon India Tax Saver Fund (ELSS) Growth
Launch Date	21 Sep 05
NAV (09 Jun 26)	₹127.23 ↑ 1.21 (0.96 %)
Net Assets (Cr)	₹14,742 on 30 Apr 26
Category	Equity - ELSS
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	1.7
Sharpe Ratio	0.07
Information Ratio	0.71
Alpha Ratio	1.23
Min Investment	500
Min SIP Investment	500
Exit Load	NIL
Sub Cat.	ELSS

Growth of 10,000 investment over the years.

Date	Value
31 May 21	₹10,000
31 May 22	₹10,975
31 May 23	₹12,347
31 May 24	₹17,562
31 May 25	₹19,045
31 May 26	₹19,343

Nippon India Tax Saver Fund (ELSS) SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080 Invest Now

Returns for Nippon India Tax Saver Fund (ELSS)

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Jun 26

Duration	Returns
1 Month	-2.3%
3 Month	2.7%
6 Month	-2.3%
1 Year	-1.8%
3 Year	15.1%
5 Year	13.6%
10 Year
15 Year
Since launch	13.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	6%
2023	17.6%
2022	28.6%
2021	6.9%
2020	37.6%
2019	-0.4%
2018	1.5%
2017	-20.7%
2016	46%
2015	4.2%

Fund Manager information for Nippon India Tax Saver Fund (ELSS)

Name	Since	Tenure
Rupesh Patel	1 Jul 21	4.92 Yr.
Ritesh Rathod	19 Aug 24	1.78 Yr.
Kinjal Desai	25 May 18	8.02 Yr.
Amber Singhania	11 Mar 26	0.22 Yr.

Data below for Nippon India Tax Saver Fund (ELSS) as on 30 Apr 26

Equity Sector Allocation

Sector	Value
Financial Services	34.58%
Consumer Cyclical	11.81%
Industrials	11.13%
Consumer Defensive	9.96%
Utility	7.89%
Health Care	6.06%
Energy	5.52%
Technology	4.37%
Communication Services	4.34%
Basic Materials	2.6%

Asset Allocation

Asset Class	Value
Cash	1.74%
Equity	98.26%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 28 Feb 15 \| ICICIBANK	7%	₹1,049 Cr	8,300,000
HDFC Bank Ltd (Financial Services) Equity, Since 29 Feb 20 \| HDFCBANK	6%	₹941 Cr	12,200,000
Axis Bank Ltd (Financial Services) Equity, Since 30 Apr 20 \| 532215	4%	₹621 Cr	4,900,000
NTPC Ltd (Utilities) Equity, Since 28 Feb 19 \| 532555	4%	₹559 Cr	14,000,000
State Bank of India (Financial Services) Equity, Since 31 Dec 13 \| SBIN	4%	₹524 Cr	4,900,000
Reliance Industries Ltd (Energy) Equity, Since 31 Mar 20 \| RELIANCE	3%	₹486 Cr	3,400,000 ↓ -250,000
Samvardhana Motherson International Ltd (Consumer Cyclical) Equity, Since 30 Nov 21 \| MOTHERSON	3%	₹464 Cr	38,319,861
Infosys Ltd (Technology) Equity, Since 31 Mar 20 \| INFY	3%	₹449 Cr	3,800,000
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Mar 26 \| BHARTIARTL	3%	₹432 Cr	2,290,000
Power Finance Corp Ltd (Financial Services) Equity, Since 30 Nov 22 \| 532810	3%	₹409 Cr	9,111,111

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Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.