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4 star

Nippon India Growth Fund - Direct Plan


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.77 Lakh

₹ 10000

Monthly SIP Grown to
₹ 6.03 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 38.85 0.42 3.14 8.91 21.79 29.03 82.42 20.90 18.56 17.73 --
S&P BSE 150 MidCap TRI 39.47 0.31 2.99 4.77 17.94 29.61 85.36 17.31 18.29 19.23 --
Equity: Mid Cap 36.52 0.36 2.86 5.76 18.75 28.63 78.79 18.53 17.34 18.49 --
Rank within category 9 12 9 1 6 12 9 8 6 15 --
Number of funds in category 27 30 30 30 30 27 27 22 19 19 0

As on 03-Aug-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 82.42 20.90 18.56 1.22 10,262
Kotak Emerging Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 83.95 21.49 19.48 0.61 14,133
DSP Midcap Fund - Direct Plan  | Invest Online
4 star
Jan-13 60.78 17.99 17.53 0.86 12,869
Axis Midcap Fund - Direct Plan
5 star
Jan-13 67.37 23.11 21.71 0.51 12,813
PGIM India Midcap Opportunities Fund - Direct Plan  | Invest Online
5 star
Dec-13 101.52 28.87 22.05 0.37 1,952

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 22.37 25.41 0.72 0.72 0.93 3.82
S&P BSE 150 MidCap TRI 19.70 26.76 0.58 0.60 -- --
Equity: Mid Cap 20.25 24.33 0.67 0.71 0.89 2.33
Rank within category 8 14 10 10 15 10
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 31-Jul-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 82
Top 10 Stocks (%) 30.14
Top 5 Stocks (%) 17.44
Top 3 Sectors (%) 44.52
Portfolio P/B Ratio 3.74
Portfolio P/E Ratio 28.15

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 26,714 26,198
Giant (%) 4.99 4.04
Large (%) 11.97 10.80
Mid (%) 68.93 78.92
Small (%) 14.11 7.54
Tiny (%) -- 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 59.73 5.33 3.90 4.34
down Cholamandalam Financial Holdings Financial 15.05 4.61 2.21 3.89
up Ashok Leyland Automobile -- 3.41 0.00 3.34
up Max Financial Services Financial 91.25 3.04 1.31 3.04
equal SRF Diversified 37.86 3.31 1.47 2.83
down L&T Technology Services Engineering 50.20 2.81 0.00 2.79
equal ICICI Bank Financial 23.88 3.22 0.00 2.69
down Emami FMCG 50.79 3.01 0.00 2.62
equal Voltas Consumer Durable 65.25 2.93 0.90 2.43
equal Apollo Hospitals Healthcare 391.30 2.70 0.00 2.17
down Mphasis Technology 39.34 2.57 0.00 2.10
equal Aditya Birla Fashion and Retail Services -- 3.55 1.83 2.01
down Bharat Electronics Engineering 21.15 1.88 0.00 1.88
equal AU Small Finance Bank Financial 32.07 3.87 0.72 1.81
up The Federal Bank Financial 11.04 2.51 0.00 1.73
down Vardhman Textiles Textiles 13.70 2.75 1.69 1.69
equal Fortis Healthcare Healthcare -- 2.05 0.76 1.62
equal Sanofi India Healthcare 34.05 2.54 1.19 1.62
equal Deepak Nitrite Chemicals 29.16 1.69 0.00 1.55
down Bharat Forge Automobile -- 3.12 0.00 1.53
equal Ipca Laboratories Healthcare 23.32 1.60 0.00 1.49
equal Dixon Technologies Engineering 141.98 2.21 0.25 1.47
equal Indian Railway Catering & Tourism Corporation Services 207.91 1.47 0.00 1.47
equal Trent Services -- 1.54 0.00 1.46
equal Angel Broking Financial 29.35 1.43 0.00 1.43

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 30-Jun-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:


0.42%

Change from previous, NAV as on 03-Aug-2021

Growth: ₹ 2,047.5608

IDCW: ₹ 107.2575

Bonus: ₹ 340.1752


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: 17.64%
Benchmark: S&P BSE Mid Cap TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 10,262 Cr (As on 30-Jun-2021)
Expense: 1.22% (As on 30-Jun-2021)
Risk Grade: Below Average
Return Grade: Average
Turnover: 97.00%

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 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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