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3 star

Nippon India Growth Fund - Direct Plan


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.02 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.47 Lakh

Suitability:

When you invest for seven years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options.

This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. Therefore, you can expect higher returns in the long-term, but more severe ups and downs along the way.

Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other mid cap fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -9.30 0.52 2.61 6.84 16.63 -10.10 -5.71 0.54 5.71 13.87 --
S&P BSE 150 MidCap TRI -5.97 0.26 2.18 7.93 22.30 -7.47 -0.76 -0.48 6.68 14.92 --
Equity: Mid Cap -6.04 0.46 2.17 6.82 17.88 -7.11 -1.41 0.06 5.96 17.11 --
Rank within category 21 12 10 14 20 20 18 9 11 16 --
Number of funds in category 26 27 27 27 27 26 23 21 19 17 0

As on 09-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Nippon India Growth Fund - Direct Plan  | Invest Online
3 star
Jan-13 -5.71 0.54 5.71 1.42 5,592
DSP Midcap Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.74 2.93 9.26 1.00 6,498
Kotak Emerging Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 -2.58 0.99 8.40 0.63 6,449
L&T Midcap Fund - Direct Plan  | Invest Online
4 star
Jan-13 -4.00 -1.52 7.91 0.73 5,699
Axis Midcap Fund - Direct Plan  | Invest Online
5 star
Jan-13 8.66 10.06 9.28 0.56 5,511

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.90 (15-May-2014 - 22-May-2014) -18.57 (16-Mar-2020 - 23-Mar-2020)
Month 21.93 (07-May-2014 - 06-Jun-2014) -35.24 (20-Feb-2020 - 23-Mar-2020)
Quarter 33.87 (11-Mar-2014 - 10-Jun-2014) -30.20 (03-Jan-2020 - 03-Apr-2020)
Year 77.73 (03-Mar-2014 - 03-Mar-2015) -27.61 (04-Apr-2019 - 03-Apr-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 3.00 24.10 -0.10 -0.10 0.92 0.43
S&P BSE 150 MidCap TRI 2.33 25.56 -0.12 -0.13 -- --
Equity: Mid Cap 2.63 23.14 -0.11 -0.12 0.88 -0.05
Rank within category 10 15 10 10 16 10
Number of funds in category 22 22 22 22 22 22

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 92
Top 10 Stocks (%) 27.80
Top 5 Stocks (%) 16.33
Top 3 Sectors (%) 48.46
Portfolio P/B Ratio 2.09
Portfolio P/E Ratio 18.12

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 17,689 16,803
Giant (%) 5.91 8.13
Large (%) 11.12 6.96
Mid (%) 68.24 75.56
Small (%) 14.36 12.95
Tiny (%) 0.37 0.28

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Varun Beverages FMCG 41.16 5.33 0.00 5.13
down Tata Consumer Products FMCG 86.41 3.37 0.00 3.37
equal Cholamandalam Financial Holdings Financial 11.25 3.53 0.00 2.93
equal Balkrishna Industries Automobile 25.53 2.48 0.00 2.48
up Colgate-Palmolive FMCG 46.02 2.43 0.00 2.43
up MRF Automobile 19.48 2.39 0.00 2.39
equal Sanofi India Healthcare 43.00 2.38 0.00 2.38
down Divi's Laboratories Healthcare 41.96 3.38 1.05 2.35
down SRF Diversified 21.98 2.78 0.00 2.25
down Bharat Forge Automobile 49.23 2.33 0.00 2.10
equal Aditya Birla Fashion and Retail Services -- 3.55 0.00 2.10
down Apollo Hospitals Healthcare 42.92 2.70 0.00 2.10
up ICICI Bank Financial 25.08 4.03 0.00 2.05
equal Vardhman Textiles Textiles 6.72 2.75 0.00 1.94
equal Muthoot Finance Financial 13.90 4.62 0.85 1.75
equal Fortis Healthcare (India) Healthcare 160.01 2.05 0.00 1.70
equal Indraprastha Gas Energy 23.00 1.67 0.00 1.67
equal Cipla Healthcare 33.30 1.62 0.00 1.62
equal Max Financial Services Financial 104.04 1.83 1.31 1.61
down Info Edge (India) Services -- 3.46 0.00 1.58
up Voltas Cons Durable 35.88 2.38 0.00 1.56
equal Orient Electric Engineering 48.13 2.31 0.00 1.49
down Biocon Healthcare 65.13 1.69 0.00 1.41
down Dixon Technologies Engineering 59.81 1.40 0.00 1.40
equal Ajanta Pharma Healthcare 26.94 1.37 0.00 1.37

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2020

Fund Manager

— Manish Gunwani since 16-Sep-2017

Education: Mr. Gunwani is a B.Tech. and PGDM.

Experience: Prior to joining Reliance Mutual Fund, he has worked with ICICI Prudential Mutual Fund as Fund Manager and as Analyst in various organisations: Vicisoft Technologies, Lehman Brothers, Brics Securities , Lucky Securities, SSKI Securities and Prime Securities

Funds Managed:

— Dhrumil Shah since 01-Feb-2019

Education: Mr. Shah is B.com And C.A

Experience: Prior to joining Reliance Mutual Fund, he has worked with Birla Sun Life Insurance as AVP Investments, Equity Fund Management and Research and ASK investment Managers as Portfolio Manager, Equity Fund Management and Research.

Funds Managed:

— Tejas Sheth since 20-May-2019

Education: Mr. Sheth has done PG Diploma in Managemaent.

Experience: Prior to joining Reliance Mutual Fund he has worked with Emkay Global Financial Services Ltd., Fortune Financial Pvt. Ltd. and Darashaw & Co. Pvt. Ltd.


0.52%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 1,088.2266

Dividend: ₹ 59.9051

Bonus: ₹ 180.8037


Investment Strategy

The scheme aims at long term growth of capital through research based investment approach. The funds will be invested in Equity and equity related instruments ,and there will be an exposure to debt and money market instruments also.

Investment Details

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 100
Minimum No of Cheques 60
Minimum Withdrawal (₹) 100
Minimum Balance (₹) 1
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 10.69%
Benchmark: S&P BSE Mid Cap TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 5,592 Cr (As on 31-May-2020)
Expense: 1.42% (As on 31-May-2020)
Risk Grade: Average
Return Grade: Average
Turnover: 131.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend13-Mar-20208.8541

 15-Mar-20195.5338
 16-Mar-20189.0000
 09-Mar-20177.0000
 15-Mar-20165.5000
 05-Mar-20156.5000
 14-Mar-20144.0000

Contact Information

AMC: Nippon India Life Asset Management Ltd.

Address: Reliance Centre, 7th Floor, South Wing Off Western Express Highway Santacruz (East) Mumbai - 400055

Phone: 022-68334800 / 18602660111

Fax: 022-33037662

Email: [email protected]

Website: http://www.nipponindiamf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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