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NAV as of ( Sep 09, 2022 )
₹ 2,361.05 0.4 % 1-D Change
You get upto 0.67% extra returns
ET Money Rank
Out of 20
Generated returns consistently
Increased returns for each unit of additional risk
Controlled losses during market corrections
Delivered returns without frequent ups and downs
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|ET Money Rank||11 Out of 20|
|Expense ratio||1.2% As on Jul 31, 2022|
|AUM (Fund Size)||₹ 13,225 Crs|
|Age||9 yrs 8 m Since Jan 01, 2013|
|Benchmark||Nifty Midcap 150 TRI|
SIP ₹ 100 &
Lumpsum ₹ 100
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You would have earned ₹ 1,001 more by investing in ET Money Direct Plan
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Large Cap 16.33%
Mid Cap 65.65%
Small Cap 13.93%
Other Cap 0%
Capital Goods 6.9%
Bifurcation by Credit Quality is not available for this fund
Net Current Assets 0.59%
Cash Margin 0.12%
Mutual Fund 0.1%
Nippon India ETF Nifty India Consumption-Growth 0.09%
Nippon India ETF Nifty 100-IDCW 0.01%
Know in detail about the portfolio of this fund See detailed Portfolio Analysis
|Fund name||Annual Return %||Consistency||Value Research Rating|
|Quant Mid Cap Fund||22.05%|
|PGIM India Midcap Opportunities Fund||21.31%|
|Axis Midcap Fund||18.74%|
|Edelweiss Mid Cap Fund||17.15%|
|Kotak Emerging Equity Fund||17.09%|
|Invesco India Mid Cap Fund||16.36%|
|UTI Mid Cap Fund||14.41%|
|Aditya Birla Sun Life Mid Cap Fund||9.83%|
|L&T Midcap Fund||10.15%|
|Sundaram Mid Cap Fund||10.05%|
|Tata Midcap Growth Fund||14.23%|
|Nippon India Growth Fund||15.72%|
Sign-up for free to compare fund with mid cap funds
|Period||Trailing returns||Category average||Rank within category|
|1 month||4.35%||4.22%||14 / 28|
|3 months||19.2%||19.72%||16 / 27|
|6 months||14.95%||13.34%||7 / 25|
|1 year||9.95%||9.73%||10 / 23|
|3 years||29.4%||28.83%||9 / 21|
|5 years||15.72%||14.92%||8 / 19|
Know in detail about the returns of this fund See detailed Return Analysis
Level of Risk in the Scheme
Investors understand that their principal will be at Very High risk
EQUITY MID CAP
The scheme aims at long term growth of capital through research based investment approach. The funds will be invested in Equity and equity related instruments ,and there will be an exposure to debt and money market instruments also.
Mr. Gunwani is a B.Tech. and PGDM.
Prior to joining Nippon India Mutual Fund, he has worked with ICICI Prudential Mutual Fund as Fund Manager and as Analyst in various organisations: Vicisoft Technologies, Lehman Brothers, Brics Securities , Lucky Securities, SSKI Securities and Prime Securities.
Mr. Shah is B.com and C.A
Prior to joining Nippon India Mutual Fund, he has worked with Birla Sun Life Insurance as AVP Investments, Equity Fund Management and Research and ASK investment Managers as Portfolio Manager, Equity Fund Management and Research.
Mr. Sheth has done PG Diploma in Managemaent.
Prior to joining Nippon India Mutual Fund he has worked with Emkay Global Financial Services Ltd., Fortune Financial Pvt. Ltd. and Darashaw & Co. Pvt. Ltd.
As on Jun 30, 2022
The Nippon India Growth Fund is a 9 yrs 8 m old fund and has delivered average annual returns of 17.18% since inception.
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Nippon India Growth Fund for Sep 09, 2022 is 2,361.05 .
Nippon India Growth Fund has an ET Money Rank of # 11 of 20 and a consistency rating of 3 .
This indicates the fund has not generated great returns and even those are not very consistent. You might want to look at other funds in its category.
On ET Money, Investing in Nippon India Growth Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Nippon India Growth Fund is 1.2%. .
Redeeming your investments in Nippon India Growth Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Nippon India Growth Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Nippon India Growth Fund is ₹13,225 Crs.
The Nippon India Growth Fund has invested the majority of its money in the stocks of the following companies -
|Company||Percentage of Portfolio|
|Varun Beverages Ltd.||4.37%|
|Tube Investments Of India Ltd.||3.51%|
|AU Small Finance Bank Ltd.||3.44%|
|Federal Bank Ltd.||3.26%|
|Max Financial Services Ltd.||3.1%|
|Aditya Birla Fashion and Retail Ltd.||2.47%|
|Indian Hotels Co. Ltd.||2.39%|
|Devyani International Ltd.||2.31%|
|Fortis Healthcare (India) Ltd||1.99%|
|Bharat Electronics Ltd.||1.96%|
The Nippon India Growth Fund has primarily invested in the following sectors
|Sector||Percentage of Portfolio|