Fund Overview
Fund Size
₹35,209 Cr
Expense Ratio
0.77%
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 11 years, 9 months and 22 days, having been launched on 01-Jan-13.
As of 22-Oct-24, it has a Net Asset Value (NAV) of ₹4400.35, Assets Under Management (AUM) of 35208.97 Crores, and an expense ratio of 0.77%.
As of 22-Oct-24, it has a Net Asset Value (NAV) of ₹4400.35, Assets Under Management (AUM) of 35208.97 Crores, and an expense ratio of 0.77%.
- Nippon India Growth Fund Direct Growth has given a CAGR return of 20.12% since inception.
- The fund's asset allocation comprises around 96.52% in equities, 0.00% in debts, and 3.48% 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
+47.68%
+42.48% (Cat Avg.)
3 Years
+25.85%
+21.27% (Cat Avg.)
5 Years
+31.04%
+27.01% (Cat Avg.)
10 Years
+19.85%
+18.12% (Cat Avg.)
Since Inception
+20.12%
— (Cat Avg.)
Portfolio Summaryas of 30th September 2024
| Equity | ₹33,982.79 Cr | 96.52% |
| Others | ₹1,226.18 Cr | 3.48% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Triparty Repo | Cash - Repurchase Agreement | ₹1,276.84 Cr | 3.63% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹1,124.04 Cr | 3.19% |
| Power Finance Corp Ltd | Equity | ₹976.1 Cr | 2.77% |
| Voltas Ltd | Equity | ₹922.55 Cr | 2.62% |
| Persistent Systems Ltd | Equity | ₹914.18 Cr | 2.60% |
| Fortis Healthcare Ltd | Equity | ₹815.4 Cr | 2.32% |
| The Federal Bank Ltd | Equity | ₹786.92 Cr | 2.23% |
| BSE Ltd | Equity | ₹700.08 Cr | 1.99% |
| Prestige Estates Projects Ltd | Equity | ₹687.73 Cr | 1.95% |
| NTPC Ltd | Equity | ₹671.77 Cr | 1.91% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹662.07 Cr | 1.88% |
| Supreme Industries Ltd | Equity | ₹641.2 Cr | 1.82% |
| Info Edge (India) Ltd | Equity | ₹607.55 Cr | 1.73% |
| Max Financial Services Ltd | Equity | ₹607.41 Cr | 1.73% |
| Zomato Ltd | Equity | ₹601.26 Cr | 1.71% |
| Varun Beverages Ltd | Equity | ₹575.99 Cr | 1.64% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹571.74 Cr | 1.62% |
| Samvardhana Motherson International Ltd | Equity | ₹570.75 Cr | 1.62% |
| AU Small Finance Bank Ltd | Equity | ₹569.95 Cr | 1.62% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹559.35 Cr | 1.59% |
| REC Ltd | Equity | ₹554.5 Cr | 1.57% |
| Dixon Technologies (India) Ltd | Equity | ₹551.98 Cr | 1.57% |
| Trent Ltd | Equity | ₹530.23 Cr | 1.51% |
| Bharat Forge Ltd | Equity | ₹515.64 Cr | 1.46% |
| Lupin Ltd | Equity | ₹503.95 Cr | 1.43% |
| Gland Pharma Ltd | Equity | ₹502.85 Cr | 1.43% |
| Cummins India Ltd | Equity | ₹494.79 Cr | 1.41% |
| Alkem Laboratories Ltd | Equity | ₹478.17 Cr | 1.36% |
| APL Apollo Tubes Ltd | Equity | ₹475.25 Cr | 1.35% |
| Ipca Laboratories Ltd | Equity | ₹464.41 Cr | 1.32% |
| Jubilant Foodworks Ltd | Equity | ₹456.87 Cr | 1.30% |
| NLC India Ltd | Equity | ₹454.72 Cr | 1.29% |
| Torrent Power Ltd | Equity | ₹450.68 Cr | 1.28% |
| United Breweries Ltd | Equity | ₹445.97 Cr | 1.27% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹434.88 Cr | 1.24% |
| Page Industries Ltd | Equity | ₹411.88 Cr | 1.17% |
| Indian Hotels Co Ltd | Equity | ₹410.82 Cr | 1.17% |
| Container Corporation of India Ltd | Equity | ₹384.6 Cr | 1.09% |
| Astral Ltd | Equity | ₹378.64 Cr | 1.08% |
| Ashok Leyland Ltd | Equity | ₹364.87 Cr | 1.04% |
| Angel One Ltd Ordinary Shares | Equity | ₹354.55 Cr | 1.01% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹352.71 Cr | 1.00% |
| CG Power & Industrial Solutions Ltd | Equity | ₹349.16 Cr | 0.99% |
| Dalmia Bharat Ltd | Equity | ₹347.98 Cr | 0.99% |
| Balkrishna Industries Ltd | Equity | ₹335.52 Cr | 0.95% |
| InterGlobe Aviation Ltd | Equity | ₹335.12 Cr | 0.95% |
| Mphasis Ltd | Equity | ₹331.14 Cr | 0.94% |
| Devyani International Ltd | Equity | ₹325.06 Cr | 0.92% |
| One97 Communications Ltd | Equity | ₹312.16 Cr | 0.89% |
| Endurance Technologies Ltd | Equity | ₹312.1 Cr | 0.89% |
| Gujarat Gas Ltd | Equity | ₹309.2 Cr | 0.88% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹287.95 Cr | 0.82% |
| Bharat Electronics Ltd | Equity | ₹285.1 Cr | 0.81% |
| Axis Bank Ltd | Equity | ₹258.76 Cr | 0.73% |
| Gujarat Fluorochemicals Ltd Ordinary Shares | Equity | ₹258.52 Cr | 0.73% |
| Carborundum Universal Ltd | Equity | ₹250.99 Cr | 0.71% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹249.75 Cr | 0.71% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹243.14 Cr | 0.69% |
| Timken India Ltd | Equity | ₹243.07 Cr | 0.69% |
| Apollo Tyres Ltd | Equity | ₹241.01 Cr | 0.68% |
| Schaeffler India Ltd | Equity | ₹234.82 Cr | 0.67% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹234.05 Cr | 0.66% |
| Sona BLW Precision Forgings Ltd | Equity | ₹222.12 Cr | 0.63% |
| Sundaram Fasteners Ltd | Equity | ₹219.22 Cr | 0.62% |
| 3M India Ltd | Equity | ₹203 Cr | 0.58% |
| Coromandel International Ltd | Equity | ₹202.77 Cr | 0.58% |
| Bayer CropScience Ltd | Equity | ₹194.61 Cr | 0.55% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹193.91 Cr | 0.55% |
| Indraprastha Gas Ltd | Equity | ₹192.83 Cr | 0.55% |
| Bosch Ltd | Equity | ₹192.43 Cr | 0.55% |
| NMDC Ltd | Equity | ₹183.9 Cr | 0.52% |
| Bharat Heavy Electricals Ltd | Equity | ₹179.83 Cr | 0.51% |
| Deepak Nitrite Ltd | Equity | ₹172.62 Cr | 0.49% |
| Restaurant Brands Asia Ltd Ordinary Shares | Equity | ₹167.13 Cr | 0.47% |
| Bank of India | Equity | ₹160.37 Cr | 0.46% |
| Sanofi India Ltd | Equity | ₹159.84 Cr | 0.45% |
| Indian Bank | Equity | ₹157.22 Cr | 0.45% |
| GlaxoSmithKline Pharmaceuticals Ltd | Equity | ₹153.76 Cr | 0.44% |
| Bata India Ltd | Equity | ₹150.17 Cr | 0.43% |
| JK Cement Ltd | Equity | ₹140.45 Cr | 0.40% |
| FSN E-Commerce Ventures Ltd | Equity | ₹136.93 Cr | 0.39% |
| Sanofi Consumer Healthcare India Ltd | Equity | ₹135.38 Cr | 0.38% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹128.3 Cr | 0.36% |
| Tata Communications Ltd | Equity | ₹125.95 Cr | 0.36% |
| Radico Khaitan Ltd | Equity | ₹125.62 Cr | 0.36% |
| Rategain Travel Technologies Ltd | Equity | ₹124.99 Cr | 0.36% |
| Zee Entertainment Enterprises Ltd | Equity | ₹113.7 Cr | 0.32% |
| MTAR Technologies Ltd | Equity | ₹99.08 Cr | 0.28% |
| Union Bank of India | Equity | ₹98.22 Cr | 0.28% |
| Affle India Ltd | Equity | ₹93.49 Cr | 0.27% |
| Ajanta Pharma Ltd | Equity | ₹91.51 Cr | 0.26% |
| Apar Industries Ltd | Equity | ₹82.95 Cr | 0.24% |
| Global Health Ltd | Equity | ₹68.56 Cr | 0.19% |
| Net Current Assets | Cash | ₹-57.63 Cr | 0.16% |
| Bajaj Housing Finance Ltd | Equity | ₹28.37 Cr | 0.08% |
| Cash Margin - Ccil | Cash - Collateral | ₹6.97 Cr | 0.02% |
Allocation By Market Cap (Equity)
Large Cap Stocks
17.25%
Mid Cap Stocks
66.54%
Small Cap Stocks
12.26%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹7,527.27 Cr | 21.38% |
| Consumer Cyclical | ₹6,636.42 Cr | 18.85% |
| Industrials | ₹6,017.44 Cr | 17.09% |
| Healthcare | ₹4,073.88 Cr | 11.57% |
| Technology | ₹2,234.45 Cr | 6.35% |
| Utilities | ₹2,079.19 Cr | 5.91% |
| Basic Materials | ₹1,976.08 Cr | 5.61% |
| Communication Services | ₹1,602.76 Cr | 4.55% |
| Consumer Defensive | ₹1,147.57 Cr | 3.26% |
| Real Estate | ₹687.73 Cr | 1.95% |
Risk & Performance Ratios
Standard Deviation
This fund
14.07%
Cat. avg.
14.29%
Lower the better
Sharpe Ratio
This fund
1.47
Cat. avg.
1.22
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.53
Higher the better
Fund Managers
RP
Rupesh Patel
Since January 2023
KD
Kinjal Desai
Since February 2019
Additional Scheme Detailsas of 30th September 2024
ISIN INF204K01E54 | Expense Ratio 0.77% | Exit Load 1.00% | Fund Size ₹35,209 Cr | Age 11 years 9 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:
Dividend Taxation:
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  |
|---|---|---|---|---|
| Bandhan Midcap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1509.96 Cr | 43.3% |
| Bandhan Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1509.96 Cr | 45.5% |
| Motilal Oswal Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹18604.02 Cr | 64.6% |
| HDFC NIFTY Midcap 150 ETF Very High Risk | 0.2% | - | ₹15.15 Cr | - |
| Mirae Asset Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹17787.87 Cr | 34.7% |
| Mirae Asset Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹17787.87 Cr | 36.2% |
| Axis Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹32015.56 Cr | 41.1% |
| Mahindra Manulife Mid Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹3442.41 Cr | 48.2% |
| Mahindra Manulife Mid Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3442.41 Cr | 46.0% |
| Tata Mid Cap Growth Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹4636.68 Cr | 38.2% |
About the AMC
Nippon India Mutual Fund
Total AUM
₹5,56,510 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 22-Oct-2024, is ₹4400.35.
What are the returns of Nippon India Growth Fund Direct Growth?
The fund has generated 47.68% over the last 1 year and 25.85% 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 96.52% in equities, 0.00% in bonds, and 3.48% 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
- Kinjal Desai
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, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, 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.