Nippon India Growth Fund

Equity · Mid Cap
 · ★★★★
100
Min SIP
100
Min Lumpsum
0.85 %
Expense Ratio
★★★★
Rating
14,143
Fund Size (in Cr)
10 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 02 June 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 20.4% 36.1% 17.1% 16.6%
Category Average 22% 34.4% 15.6% -

Scheme Allocation

By Holding
By Sector
By Asset
AU Small Finance
3.81%
Chola Financial
3.67%
Varun Beverages
3.13%
Power Fin.Corpn.
2.86%
Persistent Sys
2.4%
Others
84.13%
Finance
11.62%
Banks
8.7%
Pharmaceuticals & Biotech
7.8%
Industrial Products
5.69%
IT-Software
5.27%
Others
60.92%
Equity
96.11%
Reverse Repos
3.94%
Mutual Funds Units
0.08%
Cash & Cash Equivalents
0.02%
Net Curr Ass/Net Receivables
-0.16%
Others
0.01%

Advance Ratio

0.31
Alpha
4.61
SD
0.88
Beta
0.58
Sharpe

Exit Load

Exit Load 1% if redeemed or switchd out on or efore completion of 1 months from the date of allotment of units. NIl if redeemed or switched out after the completion of 1 Months from the date of allotment of units.

Fund Objective

Nippon India Mutual Fund’s Nippon India Growth Fund is a Mid-Cap mutual fund. This fund has existed for ten years, having been established on 01/01/2013, and is now managed by Dhrumil Shah, Rupesh Patel, and Tejas Sheth, its fund managers. The 1-year growth returns for the Nippon India Growth Fund Direct have been 1.09%. Since its inception, it has generated average yearly returns of 16.34%.

The scheme’s principal investment aim is to seek long-term capital appreciation by investing in equities and equity-related securities using a research-based investment strategy. However, there is no promise that the Scheme’s investment goal will be achieved, since actual market movements may differ from expected trends.

Pros & Cons

Pros Cons

Long-term and mid-term returns in top 25% of the funds

Not suitable for short-term

The fund outperforms during bull markets

Does not protect capital during downturn

How to invest in Nippon India Growth Fund?

The process of investing in the Nippon India Growth Fund is made easier with 5paisa. The procedure is completely paperless and has been simplified. Simply proceed in the manner described in the following steps:

What is the expense ratio of the Nippon India Growth Fund?

The cost ratio refers to the yearly fees you pay to the mutual fund provider to manage your assets. The expenditure ratio, which is computed as a percentage of assets under management, reduces fund returns (AUM). It is normally preferable to invest in a fund with a lower cost ratio since a smaller amount of its profits will be taken out. Your earnings will rise as a consequence.

Who should invest in Nippon India Growth Fund?

Investors that want to invest money for at least 3-4 years and search for significant returns. In the same breath, these investors need to ensure that they are prepared for the chance that their assets will sustain modest losses.

What are the benefits of investing in the Nippon India Growth Fund?

Nippon India Growth Fund has a high potential to create big returns in the long run. Though it has a certain level of risk connected, investing provides the following advantages:

  • Mid-cap funds have consistently outperformed large-cap funds throughout the history of mutual funds, and this pattern is not expected to alter at any time shortly.
  • The level of risk and volatility associated with mid-cap funds is much reduced when compared to that of small-cap funds, and these products provide more potential for growth than big company funds.
  • When compared to the liquidity of small-cap funds, the liquidity of mid-cap funds is much higher.

Fund Managers

Rupesh Patel

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Nippon India Mutual Fund
AUM:
2,81,439 Cr
Address:
4th Floor, Tower A, Peninsula Busines -s Park, Ganapatrao Kadam Marg Lower Parel (W), Mumbai - 400013.
Contact:
022-68087000/1860260111
Email ID:
customercare@nipponindiaim.in

Frequently Asked Questions

How to invest in Nippon India Growth Fund ?

You can invest in Nippon India Growth Fund in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Nippon India Growth Fund in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Nippon India Growth Fund ?

The NAV of Nippon India Growth Fund is ₹2,515.4 as of 02 June 2023.

How to redeem Nippon India Growth Fund holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Nippon India Growth Fund?

The minimum SIP amount of Nippon India Growth Fund is ₹100

What are the top sectors Nippon India Growth Fund has invested in??

The top sectors Nippon India Growth Fund has invested in are
  1. AU Small Finance - 3.81%
  2. Chola Financial - 3.67%
  3. Varun Beverages - 3.13%
  4. Power Fin.Corpn. - 2.86%
  5. Persistent Sys - 2.4%

How much returns have Nippon India Growth Fund generated ?

The Nippon India Growth Fund has delivered 16.6% since inception

What is the expense ratio of Nippon India Growth Fund ?

The expense ratio of Nippon India Growth Fund is 0.85 % as of 02 June 2023.

What is the AUM of Nippon India Growth Fund?

The AUM of Nippon India Growth Fund is ₹2,81,439 Cr as of 02 June 2023

What are the top stock holdings of Nippon India Growth Fund?

The top stock holdings of Nippon India Growth Fund are
  1. AU Small Finance - 3.81%
  2. Chola Financial - 3.67%
  3. Varun Beverages - 3.13%
  4. Power Fin.Corpn. - 2.86%
  5. Persistent Sys - 2.4%
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