Nippon India Large Cap Fund Joins Rs 50,000-Cr AUM Club with Rs 50,312 Cr

• Nippon India Large Cap Fund joined the Rs 50,000-crore AUM club with assets totaling Rs 50,312 crore.
• The fund now ranks alongside ICICI Prudential and SBI large-cap funds in terms of AUM.
• Large-cap mutual funds are considered stable and resilient, investing in blue-chip companies.
• Nippon India Large Cap Fund has delivered strong returns, with 19.04% over 3 years and 21.75% over 5 years.
• These funds are ideal for long-term financial goals due to consistent returns, high liquidity, and diversification.

Why It Matters: Large-cap funds, like Nippon's, offer stable, long-term investment potential.