Fund Overview
Fund Size
₹26,822 Cr
Expense Ratio
0.82%
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, 4 months and 17 days, having been launched on 01-Jan-13.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹3884.12, Assets Under Management (AUM) of 26821.89 Crores, and an expense ratio of 0.82%.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹3884.12, Assets Under Management (AUM) of 26821.89 Crores, and an expense ratio of 0.82%.
- Nippon India Growth Fund Direct Growth has given a CAGR return of 19.64% since inception.
- The fund's asset allocation comprises around 99.39% in equities, 0.00% in debts, and 0.61% 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
+60.09%
+50.99% (Cat Avg.)
3 Years
+31.42%
+25.66% (Cat Avg.)
5 Years
+28.03%
+24.51% (Cat Avg.)
10 Years
+20.98%
+19.67% (Cat Avg.)
Since Inception
+19.64%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Equity | ₹26,658.65 Cr | 99.39% |
| Others | ₹163.25 Cr | 0.61% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Power Finance Corp Ltd | Equity | ₹927.26 Cr | 3.46% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹659.63 Cr | 2.46% |
| Voltas Ltd | Equity | ₹647.3 Cr | 2.41% |
| Supreme Industries Ltd | Equity | ₹609.92 Cr | 2.27% |
| Varun Beverages Ltd | Equity | ₹591.78 Cr | 2.21% |
| Fortis Healthcare Ltd | Equity | ₹578.89 Cr | 2.16% |
| NTPC Ltd | Equity | ₹550.51 Cr | 2.05% |
| Max Financial Services Ltd | Equity | ₹515.56 Cr | 1.92% |
| Prestige Estates Projects Ltd | Equity | ₹514.43 Cr | 1.92% |
| REC Ltd | Equity | ₹507.15 Cr | 1.89% |
| The Federal Bank Ltd | Equity | ₹504.06 Cr | 1.88% |
| AU Small Finance Bank Ltd | Equity | ₹487.87 Cr | 1.82% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹487.37 Cr | 1.82% |
| Trent Ltd | Equity | ₹485.09 Cr | 1.81% |
| Zomato Ltd | Equity | ₹475.15 Cr | 1.77% |
| Persistent Systems Ltd | Equity | ₹464.87 Cr | 1.73% |
| Bharat Forge Ltd | Equity | ₹432.21 Cr | 1.61% |
| Container Corporation of India Ltd | Equity | ₹430.55 Cr | 1.61% |
| Cummins India Ltd | Equity | ₹425.81 Cr | 1.59% |
| Ipca Laboratories Ltd | Equity | ₹415.25 Cr | 1.55% |
| Info Edge (India) Ltd | Equity | ₹411.66 Cr | 1.53% |
| Samvardhana Motherson International Ltd | Equity | ₹406.72 Cr | 1.52% |
| Astral Ltd | Equity | ₹403.11 Cr | 1.50% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹390.28 Cr | 1.46% |
| Angel One Ltd Ordinary Shares | Equity | ₹385.68 Cr | 1.44% |
| Alkem Laboratories Ltd | Equity | ₹381.81 Cr | 1.42% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹373.46 Cr | 1.39% |
| United Breweries Ltd | Equity | ₹366.82 Cr | 1.37% |
| BSE Ltd | Equity | ₹362.72 Cr | 1.35% |
| Torrent Power Ltd | Equity | ₹360.23 Cr | 1.34% |
| Indian Hotels Co Ltd | Equity | ₹346.05 Cr | 1.29% |
| Page Industries Ltd | Equity | ₹333.93 Cr | 1.24% |
| Dixon Technologies (India) Ltd | Equity | ₹333.58 Cr | 1.24% |
| Lupin Ltd | Equity | ₹330.36 Cr | 1.23% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹326.97 Cr | 1.22% |
| InterGlobe Aviation Ltd | Equity | ₹318.58 Cr | 1.19% |
| Bharat Electronics Ltd | Equity | ₹303.88 Cr | 1.13% |
| Dalmia Bharat Ltd | Equity | ₹300.55 Cr | 1.12% |
| Union Bank of India | Equity | ₹299.15 Cr | 1.12% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹297.02 Cr | 1.11% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹287.27 Cr | 1.07% |
| Devyani International Ltd | Equity | ₹276.22 Cr | 1.03% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹274.9 Cr | 1.02% |
| Balkrishna Industries Ltd | Equity | ₹267.29 Cr | 1.00% |
| Endurance Technologies Ltd | Equity | ₹257.2 Cr | 0.96% |
| Axis Bank Ltd | Equity | ₹244.84 Cr | 0.91% |
| Ashok Leyland Ltd | Equity | ₹240.81 Cr | 0.90% |
| Carborundum Universal Ltd | Equity | ₹238.24 Cr | 0.89% |
| CG Power & Industrial Solutions Ltd | Equity | ₹227.12 Cr | 0.85% |
| Apollo Tyres Ltd | Equity | ₹224.4 Cr | 0.84% |
| Timken India Ltd | Equity | ₹220.6 Cr | 0.82% |
| NLC India Ltd | Equity | ₹220.54 Cr | 0.82% |
| Gujarat Fluorochemicals Ltd Ordinary Shares | Equity | ₹219.24 Cr | 0.82% |
| Triparty Repo | Cash - Repurchase Agreement | ₹211.57 Cr | 0.79% |
| Jubilant Foodworks Ltd | Equity | ₹208.44 Cr | 0.78% |
| Mphasis Ltd | Equity | ₹201.77 Cr | 0.75% |
| Piramal Enterprises Ltd | Equity | ₹194.19 Cr | 0.72% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹191.04 Cr | 0.71% |
| NMDC Ltd | Equity | ₹191.02 Cr | 0.71% |
| Sanofi India Ltd | Equity | ₹188.8 Cr | 0.70% |
| Sona BLW Precision Forgings Ltd | Equity | ₹186.85 Cr | 0.70% |
| Gland Pharma Ltd | Equity | ₹183.93 Cr | 0.69% |
| 3M India Ltd | Equity | ₹182.81 Cr | 0.68% |
| Bosch Ltd | Equity | ₹179.35 Cr | 0.67% |
| Bank of India | Equity | ₹178.37 Cr | 0.67% |
| Navin Fluorine International Ltd | Equity | ₹177.82 Cr | 0.66% |
| Tata Chemicals Ltd | Equity | ₹167.41 Cr | 0.62% |
| Bayer CropScience Ltd | Equity | ₹167.13 Cr | 0.62% |
| Indraprastha Gas Ltd | Equity | ₹161.98 Cr | 0.60% |
| Coromandel International Ltd | Equity | ₹146.25 Cr | 0.55% |
| Deepak Nitrite Ltd | Equity | ₹144.32 Cr | 0.54% |
| Bata India Ltd | Equity | ₹142.81 Cr | 0.53% |
| Indian Bank | Equity | ₹142.54 Cr | 0.53% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹131.72 Cr | 0.49% |
| Gujarat Gas Ltd | Equity | ₹131.18 Cr | 0.49% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹130.37 Cr | 0.49% |
| Bharat Heavy Electricals Ltd | Equity | ₹126.77 Cr | 0.47% |
| Poonawalla Fincorp Ltd | Equity | ₹125.07 Cr | 0.47% |
| Coforge Ltd | Equity | ₹125.03 Cr | 0.47% |
| Zee Entertainment Enterprises Ltd | Equity | ₹121.34 Cr | 0.45% |
| JK Cement Ltd | Equity | ₹120.97 Cr | 0.45% |
| Rategain Travel Technologies Ltd | Equity | ₹118.86 Cr | 0.44% |
| Sundaram Fasteners Ltd | Equity | ₹117.28 Cr | 0.44% |
| GlaxoSmithKline Pharmaceuticals Ltd | Equity | ₹116.65 Cr | 0.43% |
| Radico Khaitan Ltd | Equity | ₹107.91 Cr | 0.40% |
| MTAR Technologies Ltd | Equity | ₹107.03 Cr | 0.40% |
| One97 Communications Ltd | Equity | ₹104.27 Cr | 0.39% |
| Tata Communications Ltd | Equity | ₹102.06 Cr | 0.38% |
| Kansai Nerolac Paints Ltd | Equity | ₹98.19 Cr | 0.37% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹94.89 Cr | 0.35% |
| Mahindra Lifespace Developers Ltd | Equity | ₹83.92 Cr | 0.31% |
| Hero MotoCorp Ltd | Equity | ₹82.66 Cr | 0.31% |
| Thermax Ltd | Equity | ₹82.01 Cr | 0.31% |
| Affle India Ltd | Equity | ₹65.92 Cr | 0.25% |
| Ajanta Pharma Ltd | Equity | ₹63.91 Cr | 0.24% |
| Net Current Assets | Cash | ₹-49.57 Cr | 0.18% |
| Restaurant Brands Asia Ltd Ordinary Shares | Equity | ₹21.96 Cr | 0.08% |
| Cash Margin - Ccil | Cash - Collateral | ₹1.25 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
16.30%
Mid Cap Stocks
73.35%
Small Cap Stocks
9.74%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹6,047.94 Cr | 22.55% |
| Consumer Cyclical | ₹5,305.12 Cr | 19.78% |
| Industrials | ₹5,166.39 Cr | 19.26% |
| Healthcare | ₹2,877.34 Cr | 10.73% |
| Basic Materials | ₹1,732.91 Cr | 6.46% |
| Utilities | ₹1,424.44 Cr | 5.31% |
| Technology | ₹1,348.38 Cr | 5.03% |
| Communication Services | ₹1,091.25 Cr | 4.07% |
| Consumer Defensive | ₹1,066.51 Cr | 3.98% |
| Real Estate | ₹598.35 Cr | 2.23% |
Risk & Performance Ratios
Standard Deviation
This fund
14.20%
Cat. avg.
14.21%
Lower the better
Sharpe Ratio
This fund
1.63
Cat. avg.
1.30
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.63
Higher the better
Fund Managers
Additional Scheme Detailsas of 30th April 2024
| ISIN | INF204K01E54 | Expense Ratio | 0.82% | Exit Load | 1.00% | Fund Size | ₹26,822 Cr | Age | 01 Jan 2013 | 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
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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% | ₹1181.31 Cr | 50.7% |
| Bandhan Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1181.31 Cr | 53.1% |
| Motilal Oswal Midcap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹9819.09 Cr | 57.5% |
| HDFC NIFTY Midcap 150 ETF Very High Risk | 0.2% | - | ₹15.15 Cr | - |
| Mirae Asset Midcap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹15139.44 Cr | 51.3% |
| Mirae Asset Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹15139.44 Cr | 53.0% |
| Axis Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹26636.78 Cr | 43.7% |
| Mahindra Manulife Mid Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹2433.01 Cr | 66.6% |
| Mahindra Manulife Mid Cap Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2433.01 Cr | 64.1% |
| Tata Mid Cap Growth Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3637.33 Cr | 56.0% |
About the AMC
Total AUM
₹4,54,004 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 17-May-2024, is ₹3884.12.
What are the returns of Nippon India Growth Fund Direct Growth?
The fund has generated 60.09% over the last 1 year and 31.42% 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 99.39% in equities, 0.00% in bonds, and 0.61% 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
- Sanjay Doshi
- 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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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.
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.