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4 star

Nippon India Growth Fund - Direct Plan


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.98 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.91 Lakh

Suitability:

"When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from 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. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.

Like for 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 43.95 -1.50 0.56 -5.50 -0.15 16.16 49.01 25.49 19.48 15.32 --
S&P BSE 150 MidCap TRI 46.28 -1.39 0.96 -4.09 2.26 12.79 49.42 24.73 19.46 16.78 --
Equity: Mid Cap 42.46 -1.38 0.92 -3.46 1.38 14.79 47.52 24.60 18.46 15.51 --
Rank within category 13 25 22 29 21 10 12 11 8 11 --
Number of funds in category 27 31 31 31 30 30 27 23 20 19 0

As on 06-Dec-2021

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
4 star
Jan-13 49.01 25.49 19.48 1.04% 11,919
Kotak Emerging Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 48.88 27.34 20.55 0.52% 16,485
Axis Midcap Fund - Direct Plan
5 star
Jan-13 43.46 28.13 24.21 0.46% 15,988
PGIM India Midcap Opportunities Fund - Direct Plan  | Invest Online
5 star
Dec-13 64.88 37.14 23.86 0.32% 3,388
Invesco India Mid Cap Fund - Direct Plan  | Invest Online
4 star
Jan-13 45.55 25.48 21.05 0.79% 2,061

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 35.82 22-May-2020 - 24-Aug-2020 -30.20 03-Jan-2020 - 03-Apr-2020
Year 96.36 23-Mar-2020 - 23-Mar-2021 -27.61 04-Apr-2019 - 03-Apr-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 25.67 24.41 0.90 0.91 0.95 1.86
S&P BSE 150 MidCap TRI 24.90 25.07 0.84 0.89 -- --
Equity: Mid Cap 24.31 23.18 0.89 0.94 0.90 1.57
Rank within category 8 17 13 13 16 14
Number of funds in category 23 23 23 23 23 23

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

As on 30-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 86
Top 10 Stocks (%) 29.54
Top 5 Stocks (%) 17.37
Top 3 Sectors (%) 45.39
Portfolio P/B Ratio 3.83
Portfolio P/E Ratio 26.57

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 31,917 29,713
Giant (%) 6.29 5.01
Large (%) 16.36 14.39
Mid (%) 67.28 75.05
Small (%) 9.68 6.86
Tiny (%) 0.39 0.20

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
up Varun Beverages FMCG 58.45 5.33 3.90 4.40
equal Cholamandalam Financial Holdings Financial 16.61 4.61 2.50 3.54
equal Ashok Leyland Automobile -- 3.41 0.00 3.34
down ICICI Bank Financial 23.22 3.22 1.00 3.08
up Max Financial Services Financial 108.90 3.32 1.31 3.01
up Voltas Consumer Durable 68.71 2.93 1.56 2.56
down L&T Technology Services Engineering 67.03 3.57 0.39 2.54
equal Aditya Birla Fashion and Retail Services -- 3.55 1.80 2.36
up AU Small Finance Bank Financial 31.01 3.87 0.72 2.36
down Mphasis Technology 42.91 2.61 0.00 2.35
up The Federal Bank Financial 10.36 2.51 0.00 2.29
up SRF Diversified 41.17 3.40 1.47 2.15
up Jindal Steel & Power Metals 5.31 2.20 0.00 2.06
equal Deepak Nitrite Chemicals 28.84 1.94 0.00 1.78
up M&M Financial Services Financial -- 1.95 0.00 1.61
up Trent Services 514.33 1.60 0.00 1.60
down Bharat Electronics Engineering 22.04 1.88 0.52 1.60
equal Angel One Financial 21.31 1.69 0.00 1.58
up Sanofi India Healthcare 18.34 2.54 1.19 1.57
up JK Cement Construction 32.51 1.63 0.00 1.53
equal Ipca Laboratories Healthcare 26.05 1.87 0.00 1.47
equal United Breweries FMCG 118.21 1.59 0.00 1.46
down Vardhman Textiles Textiles 9.14 2.75 1.45 1.45
up The Indian Hotels Company Services -- 2.43 0.00 1.44
equal Fortis Healthcare Healthcare 46.13 2.05 0.77 1.40

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-Oct-2021

Fund Manager

— Manish Gunwani since 16-Sep-2017

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

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

Funds Managed:


-1.50%

Change from previous, NAV as on 06-Dec-2021

Growth: ₹ 2,122.8165

IDCW: ₹ 111.1993

Bonus: ₹ 352.6783


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
Lock-in Period Not Applicable
Exit Load 1% for redemption within 30 days

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 17.39%
Benchmark: NIFTY Midcap 150 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 11,919 Cr (As on 31-Oct-2021)
Expense: 1.04% (As on 31-Oct-2021)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 78.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW12-Mar-20214.5000

 13-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 Life India Asset Management Ltd.

Address: 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai - 400013

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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