HDFC Nifty LargeMidcap 250 Index Fund vs Nippon India Vision Large & Mid Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
HDFC Nifty LargeMidcap 250 Index Fund is an Index fund and Nippon India Vision Large & Mid Cap Fund is a Large & Mid Cap fund. In the year to 30-10-2026, HDFC Nifty LargeMidcap 250 Index Fund (Direct) returned −6.7% and Nippon India Vision Large & Mid Cap Fund (Direct) returned −7.3%. HDFC Nifty LargeMidcap 250 Index Fund charges 0.27% a year and Nippon India Vision Large & Mid Cap Fund 1.50% (Direct plans). Their portfolios overlap 41.3%: they hold 84 of the same securities.
HDFC Nifty LargeMidcap 250 Index Fund
Index
- 1 year return
- −6.7%
- Expense ratio
- 0.27%
- NAV
- ₹9.52
Nippon India Vision Large & Mid Cap Fund
Large & Mid Cap
- 1 year return
- −7.3%
- Expense ratio
- 1.50%
- NAV
- ₹1,506.69
Which is better, HDFC Nifty LargeMidcap 250 Index or Nippon India Vision Large & Mid Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- HDFC Nifty LargeMidcap 250 Index returned more over 1 year: −6.7% against −7.3%.
- HDFC Nifty LargeMidcap 250 Index costs less: 0.27% a year against 1.50% (Direct plans).
- Nippon India Vision Large & Mid Cap fell less in its worst fall since 09-10-2024: −15.7% against −16.8%.
- Nippon India Vision Large & Mid Cap is the larger fund: ₹7,411 Cr against ₹456 Cr.
- Their portfolios overlap 41.3%: 84 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | HDFC Nifty LargeMidcap 250 Index Fund | Nippon India Vision Large & Mid Cap Fund |
|---|---|---|
| Fund house | HDFC Mutual Fund | Nippon India Mutual Fund |
| Category | Index | Large & Mid Cap |
| AUM | ₹456 Cr (30-09-2026) | ₹7,411 Cr (30-09-2026) |
| NAV | ₹9.52 (Direct) | ₹1,506.69 (Direct) |
| Expense ratio (Direct) | 0.27% | 1.50% |
| Expense ratio (Regular) | 0.73% | 2.22% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty LargeMidcap 250 TRI | Nifty LargeMidcap 250 TRI |
| Launch date | 09-10-2024 | 08-10-1995 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Nandita Menezes, Arun Agarwal | Aishwarya Agarwal |
| Exit load | NIL | For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months. |
HDFC Nifty LargeMidcap 250 Index vs Nippon India Vision Large & Mid Cap: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| HDFC Nifty LargeMidcap 250 Index Fund (Direct) | −1.34% | −6.92% | −3.52% | −6.73% | -- | -- | -- |
| Nippon India Vision Large & Mid Cap Fund (Direct) | −1.87% | −7.45% | −3.60% | −7.32% | +13.44% | +11.47% | +12.25% |
| Large & Mid Cap average | −1.78% | −5.20% | −0.43% | −3.99% | +13.28% | +11.36% | +13.62% |
Category average: the average of the 36 Large & Mid Cap funds, same plan type.
HDFC Nifty LargeMidcap 250 Index vs Nippon India Vision Large & Mid Cap: Year-wise Returns
| Year | HDFC Nifty LargeMidcap 250 IndexHDFC Nifty LargeMidcap 250 Index | Nippon India Vision Large & Mid CapNippon India Vision Large & Mid Cap | NIFTY LargeMidcap 250 TRI |
|---|---|---|---|
| 2026to date | −7.30% | −6.95% | −7.09% |
| 2025 | +7.85% | +6.16% | +8.19% |
| 2024 | -- | +26.28% | +18.68% |
| 2023 | -- | +34.93% | +32.66% |
| 2022 | -- | +2.94% | +4.48% |
| 2021 | -- | +34.43% | +37.04% |
HDFC Nifty LargeMidcap 250 Index vs Nippon India Vision Large & Mid Cap: Rolling Returns
Every holding period of both funds, against NIFTY LargeMidcap 250 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 259 of them, one for each trading day from 09-10-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
HDFC Nifty LargeMidcap 250 Index Fund (Direct)
Nippon India Vision Large & Mid Cap Fund (Direct)
NIFTY LargeMidcap 250 TRI
to
Nov 2025Jan 2025
to
Jan 2026Mar 2025
to
Mar 2026May 2025
to
May 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HDFC Nifty LargeMidcap 250 Index | 15.4 | 35.9 | 31.7 | 12.4 | 4.6 | 0.0 | 0.0 | 5.1% | 4.8% | −8.2% | 18.0% | 0% |
| Nippon India Vision Large & Mid Cap | 15.8 | 37.1 | 33.6 | 9.3 | 4.2 | 0.0 | 0.0 | 4.7% | 4.4% | −8.4% | 17.8% | 18% |
| NIFTY LargeMidcap 250 TRI | 13.5 | 35.5 | 33.2 | 12.0 | 5.8 | 0.0 | 0.0 | 5.5% | 5.1% | −8.0% | 18.3% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is NIFTY LargeMidcap 250 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 09-10-2024. Past returns do not promise future returns.
HDFC Nifty LargeMidcap 250 Index vs Nippon India Vision Large & Mid Cap: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 09-10-2024 to 30-10-2026: 25 instalments, ₹2,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| HDFC Nifty LargeMidcap 250 IndexHDFC Nifty LargeMidcap 250 Index Fund (Direct) | ₹2,50,000 | ₹2,45,472 | −₹4,528 | −1.7% |
| Nippon India Vision Large & Mid CapNippon India Vision Large & Mid Cap Fund (Direct) | ₹2,50,000 | ₹2,44,014 | −₹5,986 | −2.2% |
HDFC Nifty LargeMidcap 250 IndexHDFC Nifty LargeMidcap 250 Index Fund (Direct)
Nippon India Vision Large & Mid CapNippon India Vision Large & Mid Cap Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
HDFC Nifty LargeMidcap 250 Index vs Nippon India Vision Large & Mid Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HDFC Nifty LargeMidcap 250 Index Fund (Direct) | Nippon India Vision Large & Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −6.73% | −7.32% |
| Standard deviation | 14.84% | 14.70% |
| Sharpe ratio | -0.81 | -0.85 |
| Sortino ratio | -1.07 | -1.13 |
| Maximum drawdown | −14.4% (30-03-2026) | −13.5% (31-03-2026) |
| Beta | 1.00 | 0.97 |
| Alpha | −0.27% | −1.15% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | HDFC Nifty LargeMidcap 250 Index Fund (Direct) | Nippon India Vision Large & Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.36% | +13.11% |
| Standard deviation | 14.68% | 16.93% |
| Sharpe ratio | -0.55 | 0.42 |
| Sortino ratio | -0.73 | 0.57 |
| Maximum drawdown | −16.8% (28-02-2025) | −45.0% (23-03-2020) |
| Beta | 1.00 | -- |
| Alpha | −0.31% | -- |
From daily NAVs, 09-10-2024 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
HDFC Nifty LargeMidcap 250 Index Fund (Direct)
Nippon India Vision Large & Mid Cap Fund (Direct)
NIFTY LargeMidcap 250 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HDFC Nifty LargeMidcap 250 Index Fund (Direct) | −16.8% | 15-10-2024 | 28-02-2025 | 30-06-2025 | 4 months | −8.7% |
| Nippon India Vision Large & Mid Cap Fund (Direct) | −15.7% | 16-12-2024 | 28-02-2025 | 30-06-2025 | 4 months | −9.2% |
| NIFTY LargeMidcap 250 TRI | −16.6% | 15-10-2024 | 28-02-2025 | 27-06-2025 | 4 months | −8.6% |
From daily values since 09-10-2024, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
HDFC Nifty LargeMidcap 250 Index Fund (Direct)
Nippon India Vision Large & Mid Cap Fund (Direct)
NIFTY LargeMidcap 250 TRI
Against NIFTY LargeMidcap 250 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| HDFC Nifty LargeMidcap 250 Index Fund (Direct) | 99% | 101% | 0.04% |
| Nippon India Vision Large & Mid Cap Fund (Direct) | 100% | 100% | 2.83% |
From month-end values since 09-10-2024. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
HDFC Nifty LargeMidcap 250 Index vs Nippon India Vision Large & Mid Cap: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC Nifty LargeMidcap 250 Index Fund, September 2026; Nippon India Vision Large & Mid Cap Fund, September 2026
Holdings in common
- Overlap
- 41.3%
- Held by both
- 84
- Only in HDFC Nifty LargeMidcap 250 Index
- 166
- Only in Nippon India Vision Large & Mid Cap
- 4
| Security | % of HDFC Nifty LargeMidcap 250 Index | % of Nippon India Vision Large & Mid Cap |
|---|---|---|
| ICICI Bank Ltd. | 3.63% | 4.72% |
| HDFC Bank Ltd. | 4.16% | 2.87% |
| Reliance Industries Ltd. | 3.08% | 2.08% |
| State Bank of India | 1.54% | 4.22% |
| Axis Bank Ltd. | 1.35% | 2.98% |
| Eternal Limited | 0.89% | 3.89% |
| One 97 Communications Limited | 0.88% | 2.23% |
| Larsen and Toubro Ltd. | 1.69% | 0.81% |
| Sun Pharmaceutical Industries Ltd. | 0.74% | 1.06% |
| Bharat Heavy Electricals Ltd. | 0.74% | 1.85% |
| Coforge Limited | 0.74% | 2.36% |
| Indusind Bank Ltd. | 0.73% | 1.22% |
| Au Small Finance Bank Ltd. | 0.71% | 1.64% |
| Dixon Technologies (India) Ltd. | 0.66% | 2.21% |
| Titan Company Ltd. | 0.73% | 0.62% |
| Tata Steel Ltd. | 0.59% | 1.24% |
| Indus Towers Limited | 0.58% | 0.99% |
| INFO EDGE (INDIA) LIMITED | 0.58% | 0.60% |
| Aurobindo Pharma Ltd. | 0.56% | 1.57% |
| Bharat Electronics Ltd. | 0.53% | 0.53% |
| Fsn Ecommerce Ventures Limited (Nykaa) | 0.53% | 2.23% |
| Mahindra & Mahindra Ltd. | 1.01% | 0.52% |
| Hindalco Industries Ltd. | 0.52% | 1.27% |
| Marico Ltd. | 0.51% | 0.53% |
| Fortis Healthcare Limited | 0.49% | 1.37% |
| Bombay Stock Exchange Limited (BSE) | 0.48% | 1.00% |
| Bharti Airtel Ltd. | 2.05% | 0.47% |
| ICICI Lombard General Insurance Co | 0.47% | 0.55% |
| Shriram Finance Ltd. | 0.53% | 0.46% |
| Divis Laboratories Ltd. | 0.46% | 0.50% |
| Bajaj Auto Limited | 0.45% | 1.47% |
| Asian Paints Limited | 0.42% | 1.27% |
| Life Insurance Corporation of India | 0.61% | 0.41% |
| Infosys Limited | 1.35% | 0.40% |
| InterGlobe Aviation Ltd. | 0.43% | 0.40% |
| Apar Industries Limited | 0.40% | 0.70% |
| Coal India Ltd. | 0.39% | 1.72% |
| Hindustan Unilever Ltd. | 0.64% | 0.38% |
| GE Vernova T&D India Limited | 0.64% | 0.37% |
| JSW Energy Ltd. | 0.37% | 1.10% |
| TVS Motor Company Ltd. | 0.37% | 1.11% |
| Power Grid Corporation of India Ltd. | 0.45% | 0.35% |
| MphasiS Limited. | 0.35% | 1.16% |
| PB Fintech Limited | 0.46% | 0.34% |
| Oil & Natural Gas Corporation Ltd. | 0.34% | 1.22% |
| Piramal Finance Ltd. | 0.33% | 1.38% |
| Ipca Laboratories Ltd. | 0.33% | 0.65% |
| NHPC Ltd. | 0.33% | 0.49% |
| Trent Ltd. | 0.33% | 1.77% |
| KEI Industries Ltd. | 0.33% | 1.55% |
| Hindustan Aeronautics Limited | 0.34% | 0.31% |
| Biocon Ltd. | 0.31% | 1.19% |
| Voltas Ltd. | 0.30% | 0.65% |
| Cipla Ltd. | 0.29% | 0.88% |
| Page Industries Ltd | 0.28% | 0.99% |
| Samvardhana Motherson International Ltd. | 0.28% | 0.52% |
| Supreme Industries Ltd. | 0.27% | 0.47% |
| Vedanta Aluminium Metal Limited | 0.27% | 0.89% |
| Coromandel International Limited | 0.26% | 0.96% |
| Mahindra & Mahindra Financial Services Ltd. | 0.26% | 1.75% |
| Cummins India Ltd. | 0.25% | 1.61% |
| Tata Communications Limited | 0.24% | 1.34% |
| Tata Consumer Products Limited | 0.24% | 1.00% |
| Blue Star Ltd. | 0.24% | 1.02% |
| Varun Beverages Ltd | 0.23% | 1.52% |
| ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LIMITED | 0.23% | 1.20% |
| CG Power and Industrial Solutions Ltd. | 0.22% | 1.04% |
| Britannia Industries Ltd. | 0.22% | 1.04% |
| LG Electronics India Limited | 0.22% | 0.35% |
| ICICI Prudential Life Insurance Company Ltd. | 0.21% | 0.50% |
| Balkrishna Industries Ltd. | 0.21% | 1.43% |
| LIC Housing Finance Ltd. | 0.20% | 0.31% |
| GAIL (India) Ltd. | 0.18% | 0.39% |
| Abbott India Ltd. | 0.17% | 0.97% |
| Max Financial Services Ltd. | 0.44% | 0.16% |
| Dalmia Bharat Ltd. | 0.16% | 0.23% |
| Siemens Ltd. | 0.13% | 0.50% |
| Godrej Consumer Products Ltd. | 0.13% | 0.34% |
| Bharti Hexacom Limited | 0.13% | 1.01% |
| Bharat Dynamics Limited | 0.12% | 0.56% |
| Endurance Technologies Ltd. | 0.12% | 0.72% |
| NTPC Green Energy Limited | 0.11% | 0.57% |
| Hyundai Motor India Limited | 0.11% | 1.29% |
| Laurus Labs Ltd. | 0.94% | 0.09% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 41.3% means 41.3% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in HDFC Nifty LargeMidcap 250 Index Fund
| Security | % of fund |
|---|---|
| Kotak Mahindra Bank Limited | 1.18% |
| Bajaj Finance Ltd. | 1.02% |
| Multi Commodity Exchange of India L | 1.02% |
| ITC LIMITED | 0.97% |
| The Federal Bank Ltd. | 0.95% |
Largest holdings only in Nippon India Vision Large & Mid Cap Fund
| Security | % of fund |
|---|---|
| PNB Housing Finance Limited | 0.45% |
| Rainbow Childrens Medicare Limited | 0.35% |
| Central Mine Planning & Design Institute Limited | 0.13% |
| Shadowfax Technologies Limited | 0.07% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HDFC Nifty LargeMidcap 250 Index | Nippon India Vision Large & Mid Cap |
|---|---|---|
| Equity | 98.7% | 95.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.3% | 4.4% |
Market cap of stocks
| Market cap | HDFC Nifty LargeMidcap 250 Index | Nippon India Vision Large & Mid Cap |
|---|---|---|
| Large Cap | 51.5% | 55.1% |
| Mid Cap | 46.0% | 39.2% |
| Small Cap | 1.3% | 1.3% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | HDFC Nifty LargeMidcap 250 Index | Nippon India Vision Large & Mid Cap |
|---|---|---|
| Banks | 16.8% | 17.6% |
| Retailing | 4.2% | 8.5% |
| Pharmaceuticals & Biotechnology | 6.7% | 6.9% |
| Finance | 6.5% | 4.3% |
| Consumer Durables | 3.3% | 6.1% |
| IT - Software | 5.5% | 3.9% |
| Electrical Equipment | 3.7% | 4.5% |
| Automobiles | 4.0% | 4.4% |
The six largest sectors of each fund's stocks, % of the fund.
HDFC Nifty LargeMidcap 250 Index vs Nippon India Vision Large & Mid Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC Nifty LargeMidcap 250 Index Fund | Nippon India Vision Large & Mid Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.27% | 1.50% |
| Base expense ratio (Direct) | 0.18% | 0.91% |
| Total expense ratio (Regular) | 0.73% | 2.22% |
| Base expense ratio (Regular) | 0.58% | 1.54% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Nippon India Vision Large & Mid Cap with
- Nippon India Vision Large & Mid Cap vs Invesco India Large & Mid Cap
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- Nippon India Vision Large & Mid Cap vs HSBC Large & Mid Cap
- Nippon India Vision Large & Mid Cap vs Bandhan Large & Mid Cap
- Nippon India Vision Large & Mid Cap vs Quant Large & Mid Cap
HDFC Nifty LargeMidcap 250 Index Fund vs Nippon India Vision Large & Mid Cap Fund: Frequently Asked Questions
What is the difference between HDFC Nifty LargeMidcap 250 Index Fund and Nippon India Vision Large & Mid Cap Fund?
HDFC Nifty LargeMidcap 250 Index Fund is an Index fund, Nippon India Vision Large & Mid Cap Fund is a Large & Mid Cap fund, run by HDFC Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 41.3%. HDFC Nifty LargeMidcap 250 Index Fund charges 0.27% a year and Nippon India Vision Large & Mid Cap Fund 1.50%.
Which has given higher returns, HDFC Nifty LargeMidcap 250 Index Fund or Nippon India Vision Large & Mid Cap Fund?
Over 1 year: HDFC Nifty LargeMidcap 250 Index Fund −6.73%, Nippon India Vision Large & Mid Cap Fund −7.32%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, HDFC Nifty LargeMidcap 250 Index Fund or Nippon India Vision Large & Mid Cap Fund?
HDFC Nifty LargeMidcap 250 Index Fund charges less: 0.27% a year against 1.50%. These are the Direct plans' total expense ratios reported to AMFI.
How much do HDFC Nifty LargeMidcap 250 Index Fund and Nippon India Vision Large & Mid Cap Fund overlap?
41.3%. They hold 84 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, HDFC Nifty LargeMidcap 250 Index Fund or Nippon India Vision Large & Mid Cap Fund?
On SEBI's riskometer, HDFC Nifty LargeMidcap 250 Index Fund is rated Very High and Nippon India Vision Large & Mid Cap Fund Very High. Over 1 years, the standard deviation of daily returns was 14.84% and 14.70% a year.
Can I invest in both HDFC Nifty LargeMidcap 250 Index Fund and Nippon India Vision Large & Mid Cap Fund?
Yes. 41.3% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages HDFC Nifty LargeMidcap 250 Index Fund and Nippon India Vision Large & Mid Cap Fund?
HDFC Nifty LargeMidcap 250 Index Fund: Nandita Menezes, Arun Agarwal. Nippon India Vision Large & Mid Cap Fund: Aishwarya Agarwal.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.