Historical NAV & Returns
Absolute
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82240 people have invested ₹ 23.3Cr in Nippon India Growth Fund Direct Growth in the last three months
About Nippon India Growth Fund Direct Growth
Nippon India Growth Fund is a Mid-cap Mutual Fund, which means it primarily invests in mid-sized companies. As per SEBI, mid-cap companies are those that rank between 101st and 250th on the stock exchange. The fund tracks the Nifty Midcap 150 TRI as its benchmark, helping it evaluate performance against a broader basket of mid-cap stocks.
Nippon's investment approach is built on a 2-step framework. It begins with ‘bottom-up research’, involving a deep dive into macro-economic trends to identify promising sectors and stocks. This is followed by the ‘Must 5 Quality Framework’, which assesses stock quality by examining five key factors: whether the company is growing its profits, becoming more efficient, operating in a strong demand environment, improving its profit margins, and using debt wisely.
Currently, the fund's portfolio comprises 12.7% small-cap stocks, 20.47% large-cap stocks, and 65.64% mid-cap stocks.
With an AUM of ₹33175.0 crores, Nippon India Growth Fund Direct Growth generated a return of 13.7% in 1 year, 23.0% in 3 years, 33.7% in 5 years. while its benchmark index (Nifty Midcap 150) generated 7.3% in 1 year, 20.0% in 3 years, and 31.3% in 5 years.
Nippon India Growth Fund Direct Growth Overview
| Expense ratio | 0.8% |
Benchmark | Nifty Midcap 150 TR INR |
| AUM | ₹33175 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 21.75% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for Nippon India Growth Fund Direct Growth
Powered by IND quant engine
3
/19
87% Performance
63% Risk Management
58% Cost
3 out of 19 among mid-cap
Generated Consistent Returns
Larger AUM within category
5Y returns in the top 25% of the category
No bad points found for this fund.
Trailing Returns
as on (17-Apr-25)
Fund Distribution
as on (31-Mar-25)
Mid cap
65.6%
Large cap
20.5%
Small cap
12.7%
Sector Allocation
Financial Services
23.4%
Consumer Cyclical
21.9%
Industrial
14.5%
Health
12.1%
Tech
6.8%
Utilities
6.3%
Basic Materials
5.6%
Communication
3.7%
Consumer Defensive
3.7%
Real Estate
1.3%
Energy
0.7%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 8.65% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 7.55% as on Mar'25
- This fund outperformed Nifty Midcap 150 by 1.10% in Mar'25
- AUM of the fund stands at 33.2K Cr as of Mar'25
- AUM increased by 2.9K Cr between Mar'25 and Feb'25
Top Stocks bought last month
HDFC Asset Management Co Ltd's allocation increased from 0.4% to 0.88%
Persistent Systems Ltd's allocation increased from 2.43% to 2.73%
Varun Beverages Ltd's allocation increased from 1.69% to 1.94%
Top Stocks sold last month
Cholamandalam Financial Holdings Ltd's allocation decreased from 2.89 % to 2.82 %
The Federal Bank Ltd's allocation decreased from 2.35 % to 2.32 %
AU Small Finance Bank Ltd's allocation decreased from 2.15 % to 1.86 %
Small Cap allocation has gone down from 13.1% to 12.7%
Mid Cap allocation has gone down from 65.9% to 65.6%
Large Cap allocation has gone up from 20.4% to 20.5%
Cash allocation has gone up from 0.6% to 1.1%
Top 3 Sectors in March were Financial Services, Consumer Cyclical & Industrial
Mar'25
Financial Services
23%
Consumer Cyclical
22%
Industrial
14%
Feb'25
Financial Services
23%
Consumer Cyclical
23%
Industrial
14%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 BSE Ltd | 3.13% | 0% | |
 Cholamandalam Financial Holdings Ltd | 2.82% | 0% | |
 Fortis Healthcare Ltd | 2.79% | 0% | |
 Persistent Systems Ltd | 2.73% | -2% | |
 Voltas Ltd | 2.52% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 Nippon India Growth Fund Direct Growth | 13.66% | 22.98% | 33.66% | 18.6% |
 Invesco India Mid Cap Fund Direct Plan Growth Option | 19.86% | 22.78% | 30.95% | 21.08% |
 Motilal Oswal Midcap Direct Growth | 14.79% | 25.97% | 36.64% | 23.37% |
 Kotak Emerging Equity Scheme Direct Growth | 12.45% | 18.28% | 31.23% | 20.43% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 BSE Ltd | 35% |
 Fortis Healthcare Ltd | 9% |
 Varun Beverages Ltd | 2.9% |
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Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹3.92L Cr
as on 31-Mar-2025
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Website
customercare@nipponindiaim.in
Mutual Fund Insights
In the last 3 years, Motilal Oswal Midcap Direct Growth has given 25.97% return, outperforming this fund by 2.99% per annum.
In the last 1 year, Invesco India Mid Cap Fund Direct Plan Growth Option has given 19.86% return, outperforming this fund by 6.2%.
This fund expense ratio is slightly on the lower side within the category (mid-cap). Its expense ratio is 0.8% which is lower than the category average expense ratio of 1.16%.
Over the last 1 month, this fund has experienced a 9.6% growth in AUM moving from 30.27K Cr to 33.17K Cr.
Over the last 15 months, this fund has decreased expense ratio by 5.9% moving from 0.85 to 0.80.
In the last 5 years, Motilal Oswal Midcap Direct Growth has given 36.64% return, outperforming this fund by 2.98% per annum.
Nippon India Growth Fund Direct Growth 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 18.6% since inception which is more than its category average return of 18.58%
Fund Allocations
This fund has an allocation of 98.86% in Equity, 0% in Debt and 1.14% in Cash related instruments
AUM size ₹33175 Cr
This fund has AUM of ₹33175 Cr which is more than its category average of ₹ 11741 Cr
Expense Ratio 0.8%
This fund has an expense ratio of 0.8% which is less than its category average expense ratio of 1.26%
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Frequently Asked Questions for Nippon India Growth Fund Direct Growth
The current NAV of Nippon India Growth Fund Direct Growth is ₹4111.61 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
Nippon India Growth Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 8.68% | 8.68% |
6 Month Returns | -9.6% | -9.6% |
1 Year Returns | 13.66% | 13.66% |
3 Years Returns | 85.98% | 22.98% |
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0.8% as on March 2025
₹33175 Cr as on March 2025
BSE Ltd(3.13%), Cholamandalam Financial Holdings Ltd(2.82%), Fortis Healthcare Ltd(2.79%), Persistent Systems Ltd(2.73%), Voltas Ltd(2.52%) as on March 2025
Financial Services(23.13%), Consumer Cyclical(21.61%), Industrial(14.3%) as on March 2025
The alpha ratio for the Nippon India Growth Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Growth Fund Direct Growth | 5.92 | 3.11 | 3.23 |
As on March 2025
The alpha for Nippon India Growth Fund Direct Growth is calculated against Nifty Midcap 150 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 Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Growth Fund Direct Growth | 1.01 | 0.95 | 0.91 |
As on March 2025
The Beta for Nippon India Growth Fund Direct Growth is calculated with Nifty Midcap 150 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 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 Growth | 0.44 | 0.98 | 1.6 |
As on March 2025
The sharpe ratio for Nippon India Growth Fund Direct Growth is calculated with Nifty Midcap 150 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 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 Growth | 20.72 | 16.69 | 16.89 |
As on March 2025
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 1.7 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.87 as on March 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of Nippon India Growth Fund Direct Growth is 1%