Nippon India Growth Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl
Equity
Direct
Mid-Cap
NAV: ₹ 165.23 as on 23-04-2024
Fund Performance
78 people have invested ₹ 1.4L in Nippon India Growth Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl in the last three months
About the Nippon India Growth Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl
Nippon India Growth Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sanjay Doshi, Kinjal Desai. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Growth Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.81% |
 Benchmark | S&P BSE Midcap TR INR |
 | ₹24796 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 59.02% |
Nippon India Growth Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl as on (31-Mar-24)
Equity Holdings94
Nippon India Growth Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -5.17% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -1.16% as on Mar'24
- This fund underperformed Nifty Midcap 150 by 4.01% 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 Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl Fund Manager
Sanjay Doshi
Fund Manager of Nippon India Growth Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl, since 1 January 2023
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Growth Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl, since 1 February 2019
Top funds managed
Nippon India Growth Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl 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 18.8% since inception which is less than its category average return of 18.86%
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 Reinvestment Inc Dist cum Cap Wdrl is ₹165.23 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Nippon India Growth Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 6.01% | 6.01% |
6 Month Returns | 25.18% | 25.18% |
1 Year Returns | 58.59% | 58.59% |
3 Years Returns | 124.38% | 30.92% |
5 Years Returns | 208.05% | 25.23% |
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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 Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Growth Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl | 3.01 | 3.49 | 1.77 |
As on March 2024
The alpha for Nippon India Growth Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Growth Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl | 0.93 | 0.9 | 0.94 |
As on March 2024
The Beta for Nippon India Growth Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl | 2.77 | 1.45 | 0.9 |
As on March 2024
The sharpe ratio for Nippon India Growth Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl | 14.59 | 14.6 | 21.48 |
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 2.98 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.34 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Sanjay Doshi, Kinjal Desai are the fund managers of Nippon India Growth Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Nippon India Growth Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl is 1%