Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus
Equity
Direct
Mid-Cap
NAV: ₹ 604.17 as on 22-04-2024
Fund Performance
About the Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus
Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Sanjay Doshi. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus has ₹24796 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.8.
Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus Overview
 | 0.81% |
 Benchmark | S&P BSE Midcap TR INR |
 | ₹24796 Cr |
 | 1 January, 2013 |
 | --/-- |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 59.02% |
Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus Distribution as on (31-Mar-24)
Size breakup
Mid cap
72.8%
Large cap
16.2%
Small cap
9.8%
Sector Allocation
Financial Services
22.7%
Consumer Cyclical
19.5%
Industrial
18.5%
Health
11.4%
Basic Materials
6.6%
Tech
5.7%
Utilities
5.4%
Communication
4.1%
Consumer Defensive
4%
Real Estate
2.2%
Top Holdings of Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus as on (31-Mar-24)
Equity Holdings94
Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.77% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -1.16% as on Mar'24
- This fund outperformed Nifty Midcap 150 by 1.93% in Mar'24
AUM Change
- AUM of the fund stands at 24.8K Cr as of Mar'24
- AUM increased by 315.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Torrent Power Ltd | 39.2% |
 Zomato Ltd | 29.2% |
 Max Healthcare Institute Ltd | 16.9% |
Peer Analysis
Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus Fund Manager
Kinjal Desai
Fund Manager of Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus, since 1 February 2019
Top funds managed
Sanjay Doshi
Fund Manager of Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus, since 1 January 2023
Top funds managed
Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 19.09% since inception which is more than its category average return of 18.75%
Fund Allocations
This fund has an allocation of 98.78% in Equity, 0% in Debt and 1.22% in Cash related instruments
AUM size ₹24796 Cr
This fund has AUM of ₹24796 Cr which is more than its category average of ₹ 7349 Cr
Expense Ratio 0.81%
This fund has an expense ratio of 0.81% which is less than its category average expense ratio of 1.4%
Frequently Asked Questions
The current NAV of Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus is ₹604.17 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus | Absolute Returns | CAGR Returns |
1 Month Returns | 5.31% | 5.31% |
6 Month Returns | 22.05% | 22.05% |
1 Year Returns | 58.02% | 58.02% |
3 Years Returns | 123.93% | 30.83% |
5 Years Returns | 213.21% | 25.65% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.81% as on March 2024
₹24796 Cr as on March 2024
Power Finance Corp Ltd(3.31%), Cholamandalam Financial Holdings Ltd(2.75%), Varun Beverages Ltd(2.26%), Fortis Healthcare Ltd(2.24%), Persistent Systems Ltd(2.22%) as on March 2024
Financial Services(22.43%), Consumer Cyclical(19.24%), Industrial(18.29%) as on March 2024
The alpha ratio for the Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus | 3.3 | 3.64 | 2.38 |
As on March 2024
The alpha for Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus is calculated against S&P BSE Midcap TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus | 0.92 | 0.9 | 0.92 |
As on March 2024
The Beta for Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus is calculated with S&P BSE Midcap TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus | 3.23 | 1.53 | 0.94 |
As on March 2024
The sharpe ratio for Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus is calculated with S&P BSE Midcap TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus | 12.53 | 13.96 | 20.85 |
As on March 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 3.37 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.52 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Kinjal Desai, Sanjay Doshi are the fund managers of Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus
The Exit load of Nippon India Growth Fund - Direct Plan Bonus Plan - Bonus is 1%