Fund Overview
Fund Size
₹36,836 Cr
Expense Ratio
0.72%
ISIN
INF204K01E54
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
Nippon India Growth Fund Direct Growth is a Mid-Cap mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 12 years, 5 months and 18 days, having been launched on 01-Jan-13.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹4473.95, Assets Under Management (AUM) of 36836.07 Crores, and an expense ratio of 0.72%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹4473.95, Assets Under Management (AUM) of 36836.07 Crores, and an expense ratio of 0.72%.
- Nippon India Growth Fund Direct Growth has given a CAGR return of 19.13% since inception.
- The fund's asset allocation comprises around 97.32% in equities, 0.00% in debts, and 2.68% in cash & cash equivalents.
- You can start investing in Nippon India Growth Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+6.20%
+4.28% (Cat Avg.)
3 Years
+32.24%
+28.41% (Cat Avg.)
5 Years
+34.05%
+30.10% (Cat Avg.)
10 Years
+18.89%
+16.59% (Cat Avg.)
Since Inception
+19.13%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹35,849.89 Cr | 97.32% |
| Others | ₹986.18 Cr | 2.68% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| BSE Ltd | Equity | ₹1,390.48 Cr | 3.77% |
| Triparty Repo | Cash - Repurchase Agreement | ₹995.8 Cr | 2.70% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹995.62 Cr | 2.70% |
| Fortis Healthcare Ltd | Equity | ₹936.3 Cr | 2.54% |
| Persistent Systems Ltd | Equity | ₹927.02 Cr | 2.52% |
| Power Finance Corp Ltd | Equity | ₹811.9 Cr | 2.20% |
| The Federal Bank Ltd | Equity | ₹808.24 Cr | 2.19% |
| AU Small Finance Bank Ltd | Equity | ₹798.75 Cr | 2.17% |
| Max Financial Services Ltd | Equity | ₹766.38 Cr | 2.08% |
| Voltas Ltd | Equity | ₹745.05 Cr | 2.02% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹708.88 Cr | 1.92% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹691.47 Cr | 1.88% |
| Bharat Forge Ltd | Equity | ₹675.55 Cr | 1.83% |
| Dixon Technologies (India) Ltd | Equity | ₹661.14 Cr | 1.79% |
| Ashok Leyland Ltd | Equity | ₹611.84 Cr | 1.66% |
| Varun Beverages Ltd | Equity | ₹568.66 Cr | 1.54% |
| Prestige Estates Projects Ltd | Equity | ₹546.61 Cr | 1.48% |
| APL Apollo Tubes Ltd | Equity | ₹543.51 Cr | 1.48% |
| Supreme Industries Ltd | Equity | ₹506.62 Cr | 1.38% |
| Lupin Ltd | Equity | ₹499.68 Cr | 1.36% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹487.7 Cr | 1.32% |
| Torrent Power Ltd | Equity | ₹482.09 Cr | 1.31% |
| Info Edge (India) Ltd | Equity | ₹478.74 Cr | 1.30% |
| NTPC Ltd | Equity | ₹467.46 Cr | 1.27% |
| Indian Hotels Co Ltd | Equity | ₹461.91 Cr | 1.25% |
| Eternal Ltd | Equity | ₹452.79 Cr | 1.23% |
| One97 Communications Ltd | Equity | ₹447.89 Cr | 1.22% |
| Page Industries Ltd | Equity | ₹445.25 Cr | 1.21% |
| Gland Pharma Ltd | Equity | ₹444.81 Cr | 1.21% |
| Ipca Laboratories Ltd | Equity | ₹441.69 Cr | 1.20% |
| Alkem Laboratories Ltd | Equity | ₹440.56 Cr | 1.20% |
| Jubilant Foodworks Ltd | Equity | ₹439.22 Cr | 1.19% |
| Bharat Heavy Electricals Ltd | Equity | ₹439.14 Cr | 1.19% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹436.66 Cr | 1.19% |
| Vishal Mega Mart Ltd | Equity | ₹435.02 Cr | 1.18% |
| Hyundai Motor India Ltd | Equity | ₹431.43 Cr | 1.17% |
| GE Vernova T&D India Ltd | Equity | ₹428.11 Cr | 1.16% |
| Cummins India Ltd | Equity | ₹424.85 Cr | 1.15% |
| Angel One Ltd Ordinary Shares | Equity | ₹420.14 Cr | 1.14% |
| Samvardhana Motherson International Ltd | Equity | ₹413.42 Cr | 1.12% |
| United Breweries Ltd | Equity | ₹405.24 Cr | 1.10% |
| REC Ltd | Equity | ₹402.3 Cr | 1.09% |
| Trent Ltd | Equity | ₹395.05 Cr | 1.07% |
| NLC India Ltd | Equity | ₹389.08 Cr | 1.06% |
| Bharat Electronics Ltd | Equity | ₹384.6 Cr | 1.04% |
| Dalmia Bharat Ltd | Equity | ₹362.95 Cr | 0.99% |
| Sundaram Finance Ltd | Equity | ₹356 Cr | 0.97% |
| CG Power & Industrial Solutions Ltd | Equity | ₹350.33 Cr | 0.95% |
| Gujarat Gas Ltd | Equity | ₹348.3 Cr | 0.95% |
| Schaeffler India Ltd | Equity | ₹347.57 Cr | 0.94% |
| HDFC Asset Management Co Ltd | Equity | ₹347.4 Cr | 0.94% |
| FSN E-Commerce Ventures Ltd | Equity | ₹341.48 Cr | 0.93% |
| Container Corporation of India Ltd | Equity | ₹328.52 Cr | 0.89% |
| Union Bank of India | Equity | ₹322.94 Cr | 0.88% |
| InterGlobe Aviation Ltd | Equity | ₹319.8 Cr | 0.87% |
| Endurance Technologies Ltd | Equity | ₹316.13 Cr | 0.86% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹296.77 Cr | 0.81% |
| Astral Ltd | Equity | ₹285.11 Cr | 0.77% |
| Mphasis Ltd | Equity | ₹281.47 Cr | 0.76% |
| Devyani International Ltd | Equity | ₹278.28 Cr | 0.76% |
| Coromandel International Ltd | Equity | ₹277.21 Cr | 0.75% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹273.58 Cr | 0.74% |
| Balkrishna Industries Ltd | Equity | ₹271.94 Cr | 0.74% |
| Indian Bank | Equity | ₹260.82 Cr | 0.71% |
| Hindustan Petroleum Corp Ltd | Equity | ₹256.57 Cr | 0.70% |
| Bata India Ltd | Equity | ₹240.12 Cr | 0.65% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹222.2 Cr | 0.60% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹219.99 Cr | 0.60% |
| Gujarat Fluorochemicals Ltd Ordinary Shares | Equity | ₹214.97 Cr | 0.58% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹211.74 Cr | 0.57% |
| NTPC Green Energy Ltd | Equity | ₹202.56 Cr | 0.55% |
| Timken India Ltd | Equity | ₹201.93 Cr | 0.55% |
| GlaxoSmithKline Pharmaceuticals Ltd | Equity | ₹184.39 Cr | 0.50% |
| Bank of India | Equity | ₹176.81 Cr | 0.48% |
| 3M India Ltd | Equity | ₹175.65 Cr | 0.48% |
| Sanofi Consumer Healthcare India Ltd | Equity | ₹173.96 Cr | 0.47% |
| Bayer CropScience Ltd | Equity | ₹172.34 Cr | 0.47% |
| JK Cement Ltd | Equity | ₹166.28 Cr | 0.45% |
| Carborundum Universal Ltd | Equity | ₹166.13 Cr | 0.45% |
| Sundaram Fasteners Ltd | Equity | ₹163.99 Cr | 0.45% |
| Sona BLW Precision Forgings Ltd | Equity | ₹162.53 Cr | 0.44% |
| NMDC Ltd | Equity | ₹160.32 Cr | 0.44% |
| Radico Khaitan Ltd | Equity | ₹155.54 Cr | 0.42% |
| Indraprastha Gas Ltd | Equity | ₹142.69 Cr | 0.39% |
| Sanofi India Ltd | Equity | ₹140.42 Cr | 0.38% |
| Restaurant Brands Asia Ltd Ordinary Shares | Equity | ₹122.61 Cr | 0.33% |
| Deepak Nitrite Ltd | Equity | ₹120.38 Cr | 0.33% |
| Swiggy Ltd | Equity | ₹119.52 Cr | 0.32% |
| Tata Communications Ltd | Equity | ₹98.9 Cr | 0.27% |
| MTAR Technologies Ltd | Equity | ₹93.11 Cr | 0.25% |
| Rategain Travel Technologies Ltd | Equity | ₹75.67 Cr | 0.21% |
| Apar Industries Ltd | Equity | ₹70.63 Cr | 0.19% |
| IndusInd Bank Ltd | Equity | ₹65.39 Cr | 0.18% |
| Affle 3i Ltd | Equity | ₹57.23 Cr | 0.16% |
| Ajanta Pharma Ltd | Equity | ₹52.84 Cr | 0.14% |
| Net Current Assets | Cash | ₹-10.19 Cr | 0.03% |
| Mahindra &Mah Fin | Equity | ₹7.04 Cr | 0.02% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.56 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
19.52%
Mid Cap Stocks
65.22%
Small Cap Stocks
12.57%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹8,853.06 Cr | 24.03% |
| Consumer Cyclical | ₹7,767.37 Cr | 21.09% |
| Industrials | ₹5,496.61 Cr | 14.92% |
| Healthcare | ₹4,023.53 Cr | 10.92% |
| Technology | ₹2,393.18 Cr | 6.50% |
| Utilities | ₹2,032.18 Cr | 5.52% |
| Basic Materials | ₹2,017.96 Cr | 5.48% |
| Communication Services | ₹1,326.33 Cr | 3.60% |
| Consumer Defensive | ₹1,129.44 Cr | 3.07% |
| Real Estate | ₹546.61 Cr | 1.48% |
| Energy | ₹256.57 Cr | 0.70% |
Risk & Performance Ratios
Standard Deviation
This fund
16.21%
Cat. avg.
16.64%
Lower the better
Sharpe Ratio
This fund
1.26
Cat. avg.
1.01
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.72
Higher the better
Fund Managers
RP
Rupesh Patel
Since January 2023
Additional Scheme Detailsas of 31st May 2025
ISIN | INF204K01E54 | Expense Ratio | 0.72% | Exit Load | 1.00% | Fund Size | ₹36,836 Cr | Age | 12 years 5 months | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Midcap 150 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Mid-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Nifty Midcap 150 ETF Very High Risk | 0.1% | - | ₹1.66 Cr | - |
| Helios Mid Cap Fund Direct Growth Very High Risk | 0.8% | 1.0% | ₹97.67 Cr | - |
| Helios Mid Cap Fund Regular Growth Very High Risk | 2.4% | 1.0% | ₹97.67 Cr | - |
| ICICI Prudential Nifty Midcap 150 ETF Very High Risk | 0.1% | - | ₹465.60 Cr | 3.0% |
| ICICI Prudential Midcap Select ETF Very High Risk | 0.1% | - | ₹87.19 Cr | 1.3% |
| Zerodha Nifty Midcap 150 ETF Very High Risk | 0.2% | - | ₹81.69 Cr | 3.6% |
| LIC MF Nifty Midcap 100 ETF Very High Risk | 0.2% | - | ₹712.43 Cr | 4.9% |
| HDFC NIFTY Midcap 150 ETF Very High Risk | 0.2% | - | ₹88.82 Cr | 3.0% |
| UTI Nifty Midcap 150 ETF Very High Risk | 0.2% | - | ₹9.80 Cr | 3.0% |
| Invesco India Mid Cap Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹6641.11 Cr | 13.6% |
About the AMC
Total AUM
₹6,00,436 Cr
Address
4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013
Other Funds by Nippon India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of Nippon India Growth Fund Direct Growth?
The NAV of Nippon India Growth Fund Direct Growth, as of 18-Jun-2025, is ₹4473.95.
What are the returns of Nippon India Growth Fund Direct Growth?
The fund has generated 6.20% over the last 1 year and 32.24% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Nippon India Growth Fund Direct Growth?
The fund's allocation of assets is distributed as 97.32% in equities, 0.00% in bonds, and 2.68% in cash and cash equivalents.
Who manages the Nippon India Growth Fund Direct Growth?
The fund managers responsible for Nippon India Growth Fund Direct Growth are:-
- Rupesh Patel
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.