Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option

Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option

Equity

Nippon Mutual Fund

Mid-Cap

Get the latest NAV of Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹4245.44

▼-0.4%1D

NAV as on 15 Apr 2026

21.85%/per year

Since Inception

Absolute Gain%

▲▼

Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option Performance vs. Nifty Midcap 150

Fund returns vs Benchmark returns vs Category Average returns as on (15-Apr-26)

The fund has consistently outperformed the benchmark (Nifty Midcap 150) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
4.25%
-0.52%
-0.76%
15.2%
24.78%
22.01%
Nifty Midcap 150
4.67%
-3.59%
-1.94%
13.77%
21.97%
18.97%
Mid-Cap Avg
4.88%
-2.68%
-3.31%
13.46%
21.39%
18.24%
Best in Mid-Cap
9.12%
1.92%
4.46%
28.67%
26.97%
24.78%
Worst in Mid-Cap
2.4%
-7.87%
-12.98%
1.44%
14.3%
13.48%
Category Rank
3/21
4/20
5/20
5/19
12/18
--

Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

3
/21
88% Performance
52% Risk Management
68% Cost

Ranked 3 out of 21 mutual funds in the mid-cap category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option
3/21
39,676Cr
1.52%
15.2%
24.78%
2.07
0.97
0.90
1.38
0.54
HDFC Mid Cap Fund
1/21
85,358Cr
1.36%
15.67%
23.67%
2.60
0.88
0.95
1.44
0.39
Edelweiss Mid Cap Fund
2/21
13,554Cr
1.67%
14.3%
24.48%
1.98
0.94
0.88
1.33
0.31
ICICI Prudential MidCap Fund
4/21
6,569Cr
1.85%
27.63%
25.11%
2.17
0.96
0.89
1.41
0.42
See all
Positive: Generated Consistent Returns
Generated Consistent Returns
Positive: Consistently beats benchmark
Consistently beats benchmark
Positive: Lower probablity of downside risk
Lower probablity of downside risk
Negative: No bad points found for this fund.
No bad points found for this fund.

Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
▲
▼

Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option Asset Allocation

See fund asset allocation details as on (13-Apr-26)

Fund Distribution

as on (13-Apr-26)

Mid cap
68.7%
Large cap
20%
Small cap
10.1%
Small Cap allocation has gone up from 9.8% to 10.1%
Small Cap allocation has gone up from 9.8% to 10.1%
Mid Cap allocation has gone down from 69.6% to 68.7%
Mid Cap allocation has gone down from 69.6% to 68.7%
Large Cap allocation has gone up from 19.3% to 20%
Large Cap allocation has gone up from 19.3% to 20%
Cash allocation has gone down from 1.3% to 1.3%
Cash allocation has gone down from 1.3% to 1.3%

Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option Sector Allocation

See fund sector allocation details as on (13-Apr-26)

Sector Allocation

Financial Services
24.4%
Consumer Cyclical
21%
Industrial
16.8%
Health
11.9%
Tech
6.4%
Utilities
5.8%
Basic Materials
5.3%
Communication
3%
Consumer Defensive
2.9%
Real Estate
1.5%
Energy
1%

Top 3 Sectors in March were Financial Services, Consumer Cyclical & Industrial

Mar'26

Financial Services

27%

Consumer Cyclical

19%

Industrial

17%

Feb'26

Financial Services

27%

Consumer Cyclical

20%

Industrial

17%

Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option Holdings Details

as on (31-Mar-26)

Holdings
Weight%
1M Change
BSE Ltd
3.58%
0%
Fortis Healthcare Ltd
2.71%
0%
The Federal Bank Ltd
2.68%
0%
AU Small Finance Bank Ltd
2.34%
0%
Bharat Forge Ltd
2.3%
0%
See all
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 0.97% to 2.13%
ICICI Bank Ltd's allocation increased from 0.97% to 2.13%
BSE Ltd's allocation increased from 3.26% to 3.58%
BSE Ltd's allocation increased from 3.26% to 3.58%
NTPC Green Energy Ltd's allocation increased from 1.5% to 1.8%
NTPC Green Energy Ltd's allocation increased from 1.5% to 1.8%
Top Stocks sold last month
Fortis Healthcare Ltd's allocation decreased from 2.9 % to 2.71 %
Fortis Healthcare Ltd's allocation decreased from 2.9 % to 2.71 %
The Federal Bank Ltd's allocation decreased from 2.8 % to 2.68 %
The Federal Bank Ltd's allocation decreased from 2.8 % to 2.68 %
AU Small Finance Bank Ltd's allocation decreased from 2.4 % to 2.34 %
AU Small Finance Bank Ltd's allocation decreased from 2.4 % to 2.34 %

Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio1.52%
Benchmark
Nifty Midcap 150 TR INR
AUM₹39676 Cr
Inception Date8 October, 1995
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
13.66%
Risk
Risk meter
pointer
Very High Risk

About Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option

Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option is an equity fund. This fund was started on 8 October, 1995. The fund is managed by Rupesh Patel, Kinjal Desai, Amber Singhania. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option has ₹39676 Cr worth of assets under management (AUM) as on Apr 2026 and is more than category average.
  2. The fund has an expense ratio 1.5.

Returns

Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option has given a CAGR return of 21.85% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 15.20%, 24.78% and 22.01% respectively.

Holdings

Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Health, Utilities, Tech, Basic Materials, Consumer Defensive, Communication, Real Estate, Energy. Its top holdings are BSE Ltd, Fortis Healthcare Ltd, The Federal Bank Ltd, AU Small Finance Bank Ltd, Bharat Forge Ltd

Taxation

As it is a mid-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option

The primary investment objective of the scheme is to achieve long-term growth of capital by investing in equity and equity related securities through a research based investment approach.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option has no lock in period.

Fund Manager

Rupesh Patel

Fund Manager of Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option, since 1 January 2023

Kinjal Desai

Fund Manager of Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option, since 1 February 2019

Amber Singhania

Fund Manager of Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option, since 11 March 2026

Learn more about Nippon Mutual Fund
Parameters
Mar'26
Feb'26
Jan'26
AUM
₹ 39.7K Cr
₹ 44K Cr
₹ 41.7K Cr
  • AUM of the fund stands at 39.7K Cr as of Mar'26
  • AUM decreased by 4.3K Cr between Mar'26 and Feb'26

Frequently Asked Questions for Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option

How do I invest in Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option?

INDmoney makes it simple to invest in the Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option?

The NAV of the fund today is ₹4245.44. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option fund has generated a return of 15.20% in 1 year, 24.78% in 3 years, 22.01% in 5 years.

Who is the fund manager of Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option?

The fund managers are Rupesh Patel, Kinjal Desai, Amber Singhania.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-1 Months. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 1.52%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹39676 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option?

The top 3 holdings of the fund are BSE Ltd(3.58%), Fortis Healthcare Ltd(2.71%), The Federal Bank Ltd(2.68%)