{"id":240010,"date":"2026-09-10T10:57:28","date_gmt":"2026-09-10T05:27:28","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/nippon-india-vision-large-and-mid-cap-fund-b-direct-review-2026\/"},"modified":"2026-09-10T10:57:28","modified_gmt":"2026-09-10T05:27:28","slug":"nippon-india-vision-large-and-mid-cap-fund-b-direct-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nippon-india-vision-large-and-mid-cap-fund-b-direct-review-2026\/","title":{"rendered":"Nippon India Vision Large &#038; Mid Cap Fund(B)-Direct Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/nippon-india-vision-large-mid-cap-fund-b-direct-plan\">Nippon India Vision Large &amp; Mid Cap Fund Direct Growth Plan<\/a> has a current NAV of \u20b9272.5357 as of 09 Sep 2026 and a scheme AUM of \u20b97,903 Cr. Its 1-year, 3-year and 5-year returns are 1.85%, 14.14% and 13.21% respectively, and the fund sits in the High Risk category.<\/p>\n<p>Our view is that this is a fund for investors who can live with sharp short-term swings in exchange for exposure to a diversified large- and mid-cap portfolio. The recent 1-year outcome has been weak, but the medium- and longer-term figures remain meaningfully better than the benchmark, which makes the fund more suitable for a patient horizon than for short holding periods.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-vision-large-and-mid-cap-fund-b-direct-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-vision-large-and-mid-cap-fund-b-direct-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-vision-large-and-mid-cap-fund-b-direct-review-2026\/#Should_you_BUY_or_HOLD_Nippon_India_Vision_Large_Mid_Cap_FundB-Direct_Plan\" title=\"Should you BUY or HOLD Nippon India Vision Large &#038; Mid Cap Fund(B)-Direct Plan?\">Should you BUY or HOLD Nippon India Vision Large &#038; Mid Cap Fund(B)-Direct Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-vision-large-and-mid-cap-fund-b-direct-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-vision-large-and-mid-cap-fund-b-direct-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-vision-large-and-mid-cap-fund-b-direct-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-vision-large-and-mid-cap-fund-b-direct-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-vision-large-and-mid-cap-fund-b-direct-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-vision-large-and-mid-cap-fund-b-direct-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-vision-large-and-mid-cap-fund-b-direct-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-vision-large-and-mid-cap-fund-b-direct-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b9272.5357 as of 09 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b97,903 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>1.22%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>01 Jan 2013<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>High Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty Mid Cap<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Equity<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>Nil upto 10% of units and 1% for remaining units on or before 12, Nil after 12M<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Aishwarya Agarwal<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Aishwarya Agarwal.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 09 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-3.1%<\/td>\n<td>-4.69%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>4.18%<\/td>\n<td>0.93%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>1.85%<\/td>\n<td>-7.16%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>14.14%<\/td>\n<td>6%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>13.21%<\/td>\n<td>5.87%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The pattern is mixed in the near term, but the fund has still held up better than the benchmark over the periods that matter most for an equity investor. The 1-month fall shows that it can still move sharply over short windows, yet the 3-month result has recovered well and the 1-year return is positive while the benchmark is negative.<\/p>\n<p>That longer lens is more important here. Over 3 years and 5 years, the fund has outpaced the benchmark by a wide margin, which points to stronger compounding than the index line over the full cycle. The trade-off is that the path has not been smooth, so investors should expect swings rather than a steady upward climb.<\/p>\n<p>Recent behaviour is weaker than the 3-year and 5-year picture, but not inconsistent with a mid-cap heavy equity strategy. The short-term pullback suggests timing risk remains real, while the longer horizon still shows the fund creating more value than the benchmark across the same periods.<\/p>\n<p>For us, the key takeaway is that the fund has rewarded patience more than short-term holding. If an investor focuses only on the latest month or quarter, the experience can look uneven; if the lens is stretched to 3 to 5 years, the return profile is more constructive relative to the benchmark.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 09 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Nippon_India_Vision_Large_Mid_Cap_FundB-Direct_Plan\"><\/span>Should you BUY or HOLD Nippon India Vision Large &#038; Mid Cap Fund(B)-Direct Plan?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Nippon India Vision Large &#038; Mid Cap Fund(B)-Direct Plan? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/nippon-india-vision-large-mid-cap-fund-b-direct-plan\">Nippon India Vision Large &amp; Mid Cap Fund Direct Growth Plan<\/a><\/td>\n<td>1.85%<\/td>\n<td>14.14%<\/td>\n<td>13.21%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/motilal-oswal-large-and-midcap-fund-g-direct-plan\">Motilal Oswal Large &amp; Midcap Fund Direct Growth Plan<\/a><\/td>\n<td>14.42%<\/td>\n<td>22.86%<\/td>\n<td>19.17%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/quant-large-and-mid-cap-fund-g-direct-plan\">Quant Large &amp; Mid Cap Fund Direct Growth Plan<\/a><\/td>\n<td>13.43%<\/td>\n<td>14.97%<\/td>\n<td>16.35%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/hsbc-large-and-mid-cap-fund-g-direct-plan\">HSBC Large &amp; Mid Cap Fund Direct Growth Plan<\/a><\/td>\n<td>12.77%<\/td>\n<td>17.71%<\/td>\n<td>15.05%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/sundaram-large-and-mid-cap-fund-g-direct-plan\">Sundaram Large and Mid Cap Fund Direct Growth Plan<\/a><\/td>\n<td>11.17%<\/td>\n<td>14.64%<\/td>\n<td>12.61%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/invesco-india-large-and-mid-cap-fund-g-direct-plan\">Invesco India Large &amp; Mid Cap Fund Direct Growth Plan<\/a><\/td>\n<td>9.92%<\/td>\n<td>22.84%<\/td>\n<td>17.63%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. The fund\u2019s 1-year return is well below the better recent peer figures, so the short-term picture looks softer than several alternatives. The 3-year and 5-year numbers are more competitive, though, and they sit closer to the stronger peer outcomes than the 1-year figure would suggest. That split tells us the fund\u2019s recent stretch has been weaker than its longer history, not that the longer-term trend has disappeared.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 09 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>ICICI Bank Limited<\/td>\n<td>Bank<\/td>\n<td>4.87%<\/td>\n<\/tr>\n<tr>\n<td>State Bank of India<\/td>\n<td>Bank<\/td>\n<td>4.37%<\/td>\n<\/tr>\n<tr>\n<td>Triparty Repo<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>3.9%<\/td>\n<\/tr>\n<tr>\n<td>Dixon Technologies (India) Limited<\/td>\n<td>Consumer Durables<\/td>\n<td>3.76%<\/td>\n<\/tr>\n<tr>\n<td>Eternal Limited<\/td>\n<td>Retailing<\/td>\n<td>3.74%<\/td>\n<\/tr>\n<tr>\n<td>Axis Bank Limited<\/td>\n<td>Bank<\/td>\n<td>2.96%<\/td>\n<\/tr>\n<tr>\n<td>HDFC Bank Limited<\/td>\n<td>Bank<\/td>\n<td>2.69%<\/td>\n<\/tr>\n<tr>\n<td>Coforge Limited<\/td>\n<td>IT<\/td>\n<td>2.66%<\/td>\n<\/tr>\n<tr>\n<td>Trent Limited<\/td>\n<td>Retailing<\/td>\n<td>2.37%<\/td>\n<\/tr>\n<tr>\n<td>FSN E-Commerce Ventures Limited<\/td>\n<td>Retailing<\/td>\n<td>2.28%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding, ICICI Bank Limited, is 4.87%, so no single position dominates the visible list on its own. The weight then steps down fairly gradually through the next names, with the tenth holding still at 2.28%, which suggests the portfolio is not built around one or two outsized bets.<\/p>\n<p>Even so, the top ten holdings together account for 33.6% of the portfolio, and the fund has 63 disclosed holdings in total. That combination points to a portfolio that is spread across many positions, but with enough top-end weight to make the leading names influential. In our view, that balance may help avoid extreme concentration while still keeping conviction visible in the larger positions.<\/p>\n<p>Because the list extends well beyond the top ten, the remaining holdings could materially shape outcomes over time. The visible holdings alone therefore give a useful snapshot, but not the whole story of portfolio behaviour.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/nippon-india-vision-large-mid-cap-fund-b-direct-plan\">Nippon India Vision Large &amp; Mid Cap Fund(B)-Direct Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 09 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund suits investors who can take High Risk exposure and stay invested long enough for the portfolio to move through full market cycles. The 1-year result is subdued, but the 3-year and 5-year numbers are stronger than the benchmark, which makes the fund better aligned with a multi-year horizon than with short-term goals.<\/p>\n<p>The main trade-off is clear: you get access to a diversified large- and mid-cap equity portfolio, but you also accept drawdowns and periods when recent performance may lag the stronger longer-term picture. Investors who want smoother short-run outcomes may find that uncomfortable, while those who can tolerate volatility may see the return pattern as more acceptable.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Exit load: Nil up to 10% of units and 1% for remaining units if sold within 12 months; no exit load after the holding period.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 09 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the current NAV of Nippon India Vision Large &amp; Mid Cap Fund Direct Growth Plan?<\/strong><br \/>The current NAV is \u20b9272.5357 as of 09 Sep 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>Its 1-year return is 1.85%, its 3-year return is 14.14%, and its 5-year return is 13.21%.<\/p>\n<p><strong>How does the fund compare with its benchmark?<\/strong><br \/>It has outperformed the benchmark over 3 years and 5 years, while the 1-year figure is positive versus a negative benchmark return. The recent 1-month result is weaker than the fund\u2019s longer-run picture.<\/p>\n<p><strong>How does it compare with peer funds on return data?<\/strong><br \/>Its 1-year return is much lower than several peers, but the 3-year and 5-year figures are more competitive. The short-term and longer-term comparisons do not tell the same story.<\/p>\n<p><strong>Does the fund allow SIP investing?<\/strong><br \/>Yes, SIP investing is allowed.<\/p>\n<p><strong>Who manages the fund and what is the exit load?<\/strong><br \/>Aishwarya Agarwal manages the fund. The exit load is nil up to 10% of units and 1% for remaining units if sold within 12 months, and there is no exit load after the holding period.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The fund\u2019s latest stretch looks softer than its 3-year and 5-year record, but the longer horizon still shows it ahead of the benchmark on the supplied figures. That makes it a more patient equity option than a short-term one. The High Risk tag and the mid-cap leaning profile mean volatility is part of the experience, while the 63-holding structure and 33.6% top-ten weight suggest a diversified but still conviction-led portfolio. For investors who can tolerate swings, the long-term pattern is more relevant than the recent dip.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 10 September 2026 at 10:52 AM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Nippon India Vision Large & Mid Cap Fund(B)-Direct Plan\",\"identifier\":\"nippon-india-vision-large-mid-cap-fund-b-direct-plan\",\"category\":\"Equity\",\"dateCreated\":\"01 Jan 2013\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":272.5357,\"valueReference\":\"as of 09 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"7903 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"1.22\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty Mid Cap\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":1.85},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":14.14},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":13.21},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Aishwarya Agarwal\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Nippon India Vision Large & Mid Cap Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b9272.5357 as of 09 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is 1.85%, its 3-year return is 14.14%, and its 5-year return is 13.21%.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with its benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has outperformed the benchmark over 3 years and 5 years, while the 1-year figure is positive versus a negative benchmark return. The recent 1-month result is weaker than the fund\u2019s longer-run picture.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with peer funds on return data?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is much lower than several peers, but the 3-year and 5-year figures are more competitive. The short-term and longer-term comparisons do not tell the same story.\"}},{\"@type\":\"Question\",\"name\":\"Does the fund allow SIP investing?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, SIP investing is allowed.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Aishwarya Agarwal manages the fund. The exit load is nil up to 10% of units and 1% for remaining units if sold within 12 months, and there is no exit load after the holding period.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nippon India Vision Large &#038; Mid Cap Fund Direct Growth Plan has a \u20b9272.5357 NAV as of 09 Sep 2026, \u20b97,903 Cr AUM, and 1Y\/3Y\/5Y returns of 1.85%\/14.14%\/13.21%.<\/p>\n","protected":false},"author":38,"featured_media":240003,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-240010","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["240003"],"rank_math_title":["Nippon India Vision Large &amp; Mid Cap Fund Review"],"rank_math_description":["Nippon India Vision Large &amp; Mid Cap Fund review: NAV \u20b9272.5357, 1Y return 1.85%, and a High Risk equity profile."],"rank_math_focus_keyword":["Nippon India Vision Large & Mid Cap Fund(B)-Direct Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Nippon_India_Vision_Large_Mid_Cap_FundB_Direct_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/240010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=240010"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/240010\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/240003"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=240010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=240010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=240010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}