Nippon India Growth Fund - Direct Plan - Growth
Nippon India Growth Fund - Direct Plan - Growth

Nippon India Growth Fund - Direct Plan - Growth

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Equity
Direct
Mid-Cap

NAV: ₹ 2421.1 as on 02-12-2022

Fund Performance
zero opening, trading, fund transfer fee
7822 people have invested ₹ 2.6Cr in mutual fund in the last three months

INDmoney Rank

Powered by IND quant engine
11
/18
57% Performance
31% Risk Management
26% Cost
11 out of 18 among mid-cap
Pros
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
Cons
No bad points found for this fund.

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
2.9%
5.2%
15.9%
12.1%
26.8%
15.4%
Benchmark
2.5%
3.6%
16.5%
7.6%
25.4%
12.4%
Category
1.8%
3.2%
13.8%
7%
24%
12.3%
About the Fund

Nippon India Growth Fund - Direct Plan - Growth is an equity fund. This fund was started on  1 January, 2013. The fund is managed by Kinjal Desai, Tejas Sheth, Dhrumil Shah, Manish Gunwani. The fund could potentially beat inflation in the long-run.

Key parameters

1) Nippon India Growth Fund - Direct Plan - Growth has a NAV of 2421.1459 as on 02-12-2022.

2) Nippon India Growth Fund - Direct Plan - Growth has 13510 Cr worth of assets under management (AUM) as on 31-10-2022 and is more than category average.

3) The fund has an expense ratio 1.01 %.

Fund Overview

Expense ratio
Expense ratio
1.01%
Benchmark
Benchmark
S&P BSE Midcap TR INR
AUM
AUM
₹13510 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
85.71%

Fund Distribution

  • Equity 94.5%
  • Debt & Cash 5.5%
Size breakup
Mid cap
66%
Large cap
14.9%
Small cap
13.4%

Sector Allocation

Oct'22

Sep'22

Aug'22

Financial Services

23.4%

Consumer Cyclical

18.6%

Industrial

12.7%

Health

11.3%

Basic Materials

11%

Tech

7.7%

Consumer Defensive

7.2%

Utilities

3.6%

Real Estate

2.3%

Communication

2.2%

Energy

0%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings90
Equity Holdings86
Debt Holdings4

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 269.2 Cr in last 1M
Oct'22 return underperformed benchmark

Change in AUM

Oct'22
₹ 13.5K Cr
Sep'22
₹ 13.2K Cr
Aug'22
₹ 13.2K Cr

Fund Returns vs Benchmark

Oct'22
1.49%
2.90%
Sep'22
-0.47%
-2.04%
Aug'22
5.94%
4.42%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
90
92
89
Top 5 Company Concentration
15.9%
16.6%
17.7%
Company having highest exposure
Varun Beverages Ltd (4.1%)
Varun Beverages Ltd (4.1%)
Varun Beverages Ltd (4.4%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
72.8%
73.7%
76.2%
Sector having highest exposure
Financial Services (22.1%)
Financial Services (22.2%)
Financial Services (25.3%)

Fund Manager

Kinjal Desai

Kinjal Desai

Managing this fund since 1 February 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Multi Cap Fund - Direct Plan - Growth
21.56%
20.67%
Nippon India Liquid Fund Direct Plan Growth Plan
4.17%
1.28%
Nippon India Small Cap Fund - Direct Plan - Growth Plan
37.09%
31.87%
Tejas Sheth

Tejas Sheth

Managing this fund since 20 May 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Growth Fund - Direct Plan - Growth
26.82%
23.53%
Nippon India Multi Asset Fund Direct Growth
0%
--
Dhrumil Shah

Dhrumil Shah

Managing this fund since 1 February 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Growth Fund - Direct Plan - Growth
26.82%
23.53%
Nippon India Hybrid Bond Fund Segregated Portfolio 1 Direct Growth
0%
--
Nippon India Hybrid Bond Fund Direct Plan Growth Plan
2.61%
8.12%
Manish Gunwani

Manish Gunwani

Managing this fund since 16 September 2017

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Growth Fund - Direct Plan - Growth
26.82%
23.53%
Nippon India Balanced Advantage Fund Direct Growth Plan
13.02%
11.67%
Nippon India Multi Asset Fund Direct Growth
0%
--

AMC details

Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Fund House
Nippon Life India Asset Management Ltd

Fund Highlights

meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 17.12% since inception which is more than its category average return of 15.06%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.52% in Equity, 0% in Debt and 5.48% in Cash related instruments
AUM size ₹13510 Cr

AUM size ₹13510 Cr

This fund has AUM of ₹13510 Cr which is more than its category average of ₹ 4578 Cr
Expense Ratio 1.01%

Expense Ratio 1.01%

This fund has an expense ratio of 1.01% which is less than its category average expense ratio of 1.52%

Frequently Asked Questions

The current NAV of Nippon India Growth Fund - Direct Plan - Growth is 2398.06.
Existing (Absolute + CAGR)
Nippon India Growth Fund - Direct Plan - Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.94%
1.94%
6 Month Returns
15.56%
15.56%
1 Year Returns
12.12%
12.12%
3 Years Returns
101.08%
26.22%
5 Years Returns
102.75%
15.18%
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1.01 as on November 2022
13510 Cr as on November 2022
Varun Beverages Ltd(4.06%),AU Small Finance Bank Ltd(3.24%),Cholamandalam Financial Holdings Ltd(3.24%),Aditya Birla Fashion and Retail Ltd(2.75%),Max Financial Services Ltd(2.61%) as on November 2022
Financial Services(22.1%),Consumer Cyclical(17.58%),Industrial(11.96%) as on November 2022
The alpha ratio for the Nippon India Growth Fund - Direct Plan - Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Nippon India Growth Fund - Direct Plan - Growth
-
-
-
As on month end.
The alpha for Nippon India Growth Fund - Direct Plan - Growth 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 - Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Nippon India Growth Fund - Direct Plan - Growth
-
-
-
As on month end.
The Beta for Nippon India Growth Fund - Direct Plan - Growth 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 - Growth 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 - Growth
0.17
0.91
0.51
As on month end.
The sharpe ratio for Nippon India Growth Fund - Direct Plan - Growth 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 - Growth 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 - Growth
15.83
24.72
21.78
As on month end.
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.
1.26
0.11
Tejas Sheth,Manish Gunwani,Kinjal Desai,Dhrumil Shah are the fund managers of Nippon India Growth Fund - Direct Plan - Growth
The Exit load of Nippon India Growth Fund - Direct Plan - Growth is 1%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.