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NAV as of(Aug 11, 2023)
₹ 2,809.22 -0.35 % 1-D Change
Returns
17.49% p.a.
You get upto 0.6%extra returns
VRO Rating | |
Expense ratio | 1.15% As on Jun 30, 2023 |
Exit Load | 1.0% |
AUM (Fund Size) | ₹ 17,350 Crs |
Lock-in | No Lockin |
Age | 10 yrs 7 m Since Jan 01, 2013 |
Benchmark | NIFTY Midcap 150 TRI |
Min. Investment | SIP ₹100 & Lumpsum ₹100 |
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FREE Portfolio Health Check Available on ET Money appTotal value | Profit | ||
---|---|---|---|
This fund | |||
Category Average | |||
Bank FD | |||
Gold |
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 17.98%
Mid Cap 66.87%
Small Cap 12.38%
Other Cap 0%
Financial 25.6%
Services 12.69%
Healthcare 12.22%
Capital Goods 8.4%
Others 0.02%
Bifurcation by Credit Quality is not available for this fund
Repo 2.68%
Mutual Fund 0.07%
Net Current Assets 0.07%
Margin Money 0.02%
Others 0.07%
Nippon India ETF Nifty India Consumption-Growth 0.07%
Want to know in detail about the portfolio of this fund?
Fund name | Annual Return % | ||
---|---|---|---|
Quant Mid Cap Fund | 23.74% | ||
PGIM India Midcap Opportunities Fund | 21.59% | ||
Nippon India Growth Fund | 19.44% | ||
Kotak Emerging Equity Fund | 19.02% | ||
SBI Magnum Midcap Fund | 19.01% | ||
Mahindra Manulife Mid Cap Fund | 18.93% |
Period | Trailing returns | Category average |
---|---|---|
1 month | 3.95% | 3.68% |
3 months | 16.67% | 14.43% |
6 months | 22.39% | 19.38% |
1 year | 24.16% | 19.5% |
3 years | 33.34% | 31.03% |
5 years | 19.44% | 17.28% |
10 years | 21.25% | 22.06% |
Want to know in detail about the returns of this fund?
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.
Dhrumil Shah
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.
Tejas Sheth
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.
Rupesh Patel
Mr. Rupesh is a B.E.(Civil) and MBA (Finance)
Prior to joining Nippon India Mutual Fund, he has worked with Tata Asset Management Limited, Indiareit Fund Advisors Pvt. Ltd. and Credit Analysis & Research Ltd.
Sanjay Doshi
ACA, MBA (Finance), Cleared CFA Level III
Prior to joining Nippon India AMC as Fund Manager - Equity, he was associated with RNLAM as Sr. Analyst Equity Investment (01-Feb-2011 to 01-Jan-2017), Macquarie Capital Securities (India) Pvt Ltd - Analyst Equity Research (Aug 2007 to Dec 2010), JP Morgan Services (India) Pvt Ltd - Associate Convertible Bonds Research (Sept 2005 to Jul 2007).
TOTAL AUM:
₹3,15,854 Crs
As on Jun 30, 2023
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The Nippon India Growth Fund is a 10 yrs 7 m old fund and has delivered average annual returns of 17.49% since inception.
1-Year | 3-Year | 5-Year | 10-Year | Since Inception |
---|---|---|---|---|
24.16% | 33.34% | 19.44% | 21.25% | 17.49% |
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 Aug 11, 2023 is 2,809.22.
Nippon India Growth Fund has an ET Money Rank of # 7 of 22 and a consistency rating of 4.
This indicates the fund has generated average returns. However, whatever returns the fund delivers, it does so with exceptional consistency. You can consider this fund if the predictability of returns is what you are looking for
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 1.15%. .
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 ₹17,350 Crs.
The Nippon India Growth Fund has invested the majority of its money in the stocks of the following companies -
Company | Percentage of Portfolio |
---|---|
Tube Investments Of India Ltd. | 3.84% |
Power Finance Corpn. Ltd. | 3.59% |
AU Small Finance Bank Ltd. | 3.13% |
Supreme Industries Ltd. | 2.47% |
Varun Beverages Ltd. | 2.36% |
Max Financial Services Ltd. | 2.34% |
Mahindra & Mahindra Financial Services Ltd. | 2.14% |
Fortis Healthcare (India) Ltd | 1.98% |
Persistent Systems Ltd. | 1.93% |
Federal Bank Ltd. | 1.91% |
The Nippon India Growth Fund has primarily invested in the following sectors
Sector | Percentage of Portfolio |
---|---|
Financial | 25.6% |
Services | 12.69% |
Healthcare | 12.22% |
Capital Goods | 8.4% |
Materials | 5.23% |
Technology | 5.11% |
Energy | 4.77% |
Consumer Staples | 4.54% |
Chemicals | 4.42% |
Consumer Discretionary | 3.65% |