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Nippon India Growth Fund

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Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 1.02 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.70 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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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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 -3.39 0.82 3.63 7.02 24.30 -11.02 6.52 0.80 5.06 15.78 8.77
S&P BSE 150 MidCap TRI -1.37 1.31 3.93 4.47 24.33 -8.57 11.33 0.41 6.33 17.40 9.85
Equity: Mid Cap -1.59 0.89 3.46 5.43 22.22 -8.50 9.04 -0.14 4.66 18.19 11.54
Rank within category 18 19 11 7 7 21 18 10 9 16 15
Number of funds in category 28 30 30 30 30 29 26 22 20 18 16

As on 07-Aug-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  | Invest Online
3 star
 Oct-95 6.52 0.80 5.06 1.90 6,111
DSP Midcap Fund - Regular Plan  | Invest Online
5 star
 Nov-06 14.43 3.02 8.00 1.93 7,425
Kotak Emerging Equity Fund Regular Plan  | Invest Online
4 star
 Mar-07 8.33 1.37 6.85 1.93 6,449
L&T Midcap Fund  | Invest Online
4 star
 Aug-04 7.08 -1.65 6.49 1.95 5,699
Axis Midcap Fund  | Invest Online
5 star
 Feb-11 15.93 9.53 7.74 2.05 5,511

Best & Worst Performance

Best (Period) Worst (Period)
Week 20.31 (13-May-2009 - 20-May-2009) -20.14 (15-Jan-2008 - 22-Jan-2008)
Month 50.82 (03-Dec-1999 - 04-Jan-2000) -35.28 (20-Feb-2020 - 23-Mar-2020)
Quarter 86.37 (05-Oct-1999 - 04-Jan-2000) -44.99 (22-Feb-2000 - 23-May-2000)
Year 229.36 (04-Jan-1999 - 04-Jan-2000) -56.73 (13-Mar-2000 - 13-Mar-2001)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 2.67 24.19 -0.11 -0.11 0.92 -0.19
S&P BSE 150 MidCap TRI 2.66 25.61 -0.10 -0.11 -- --
Equity: Mid Cap 1.90 23.39 -0.14 -0.14 0.89 -1.04
Rank within category 10 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-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 91
Top 10 Stocks (%) 26.86
Top 5 Stocks (%) 16.36
Top 3 Sectors (%) 47.99
Portfolio P/B Ratio 2.21
Portfolio P/E Ratio 21.51

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 18,774 18,097
Giant (%) 5.28 8.21
Large (%) 15.17 9.62
Mid (%) 64.59 74.80
Small (%) 14.55 11.00
Tiny (%) 0.41 0.43

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 98.93 5.33 0.00 5.06
equal Cholamandalam Financial Holdings Financial 11.46 3.53 0.00 3.23
down Tata Consumer Products FMCG 93.78 3.37 0.00 3.03
down Balkrishna Industries Automobile 27.19 2.55 0.00 2.55
equal MRF Automobile 18.69 2.49 0.00 2.49
equal Sanofi India Healthcare 42.33 2.38 0.00 2.22
equal SRF Diversified 23.29 2.78 0.00 2.12
down Colgate-Palmolive FMCG 46.89 2.43 0.00 2.07
up ICICI Bank Financial 22.79 4.03 0.00 2.05
up Aditya Birla Fashion and Retail Services -- 3.55 0.00 2.04
down Divi's Laboratories Healthcare 53.69 3.38 1.05 1.97
equal Apollo Hospitals Healthcare 53.35 2.70 0.00 1.91
equal Bharat Forge Automobile 54.30 2.33 0.00 1.88
up Voltas Cons Durable 37.99 2.38 0.00 1.80
equal Vardhman Textiles Textiles 9.89 2.75 0.00 1.76
equal Max Financial Services Financial 59.65 1.77 1.31 1.66
equal Fortis Healthcare (India) Healthcare 179.76 2.05 0.00 1.64
equal Orient Electric Engineering 115.64 2.31 0.00 1.64
down Muthoot Finance Financial 15.55 4.62 0.85 1.57
equal Tata Power Energy 13.20 2.45 0.00 1.53
equal Dixon Technologies Engineering 91.36 1.51 0.00 1.51
up L&T Technology Services Engineering 22.77 1.51 0.00 1.51
equal Info Edge (India) Services -- 3.46 0.00 1.49
equal Honeywell Automation Engineering 57.82 1.43 0.00 1.37
equal Bharat Electronics Engineering 14.50 1.34 0.00 1.34

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-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.

Invest Online
0.82%

Change from previous, NAV as on 07-Aug-2020

Growth: ₹ 1,104.3981

Dividend: ₹ 46.5178

Bonus: ₹ 183.8474

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: 08-Oct-1995
Return Since Launch: 20.84%
Benchmark: S&P BSE Mid Cap TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 6,111 Cr (As on 30-Jun-2020)
Expense: 1.90% (As on 30-Jun-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
 26-Mar-20135.0000
 23-Mar-20122.0000
 24-Mar-20114.0000
 30-Mar-20102.5000
 31-Oct-20095.0000
 20-Mar-20092.0000
 19-Mar-20086.5000
 17-Aug-20073.5000
 12-Mar-20077.5000
 30-Oct-20062.5000
 29-Mar-20067.5000
 19-Dec-20053.0000
 29-Mar-20055.0000
 24-Dec-20042.5000
 19-Oct-20043.0000
 12-Mar-20047.5000
 18-Dec-20036.0000
 09-Oct-20033.0000

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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