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Nippon India Growth Fund


1 Lakh

Investment Grown to
₹ 1.37 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.02 Lakh

Analyst's Choice?

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 4.85 -0.11 0.97 6.48 10.33 12.20 13.10 10.99 8.17 13.17 10.82
S&P BSE 150 MidCap TRI 4.85 -0.20 0.56 6.38 11.10 14.63 9.00 10.37 10.18 14.95 12.09
Equity: Mid Cap 4.36 -0.14 0.63 5.85 8.43 12.36 9.93 9.01 8.15 16.05 13.85
Rank within category 11 10 7 11 5 12 7 5 12 17 15
Number of funds in category 28 28 28 27 27 25 24 21 20 18 16

As on 22-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 50.82 (03-Dec-1999 - 04-Jan-2000) -32.65 (24-Sep-2008 - 24-Oct-2008)
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 11.70 15.03 0.40 0.56 0.84 1.34
S&P BSE 150 MidCap TRI 11.26 17.24 0.43 -- -- --
Equity: Mid Cap 9.74 15.31 0.27 0.38 0.85 -0.67
Rank within category 6 7 6 5 10 7
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 31-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 89
Top 10 Stocks (%) 27.93
Top 5 Stocks (%) 16.60
Top 3 Sectors (%) 47.85
Portfolio P/B Ratio 2.70
Portfolio P/E Ratio 25.72

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 18,686 20,224
Giant (%) 5.56 9.14
Large (%) 4.55 5.25
Mid (%) 78.83 78.84
Small (%) 11.06 12.06
Tiny (%) -- 0.09

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 50.15 5.14 0.00 4.78
equal Cholamandalam Financial Holdings Financial 182.21 3.53 0.00 3.42
down Aditya Birla Fashion and Retail Services 60.36 3.55 0.00 3.12
equal City Union Bank Financial 23.74 2.74 0.00 2.74
equal SRF Diversified 24.51 2.54 0.00 2.54
down AU Small Finance Bank Financial 46.76 2.59 0.00 2.46
equal Vardhman Textiles Textiles 9.87 2.75 0.00 2.40
up Bharat Forge Automobile 22.77 2.33 0.00 2.33
equal Tata Power Energy 26.41 2.45 0.00 2.10
equal ICICI Bank Financial 65.87 4.14 0.00 2.04
equal Tata Global Beverages FMCG 63.03 2.54 0.00 2.00
up RBL Bank Financial 21.72 2.71 0.00 1.98
equal Indian Hotels Services 48.51 2.43 0.00 1.97
equal Muthoot Finance Financial 12.75 4.62 1.74 1.95
equal Torrent Pharmaceuticals Healthcare 61.05 2.20 0.00 1.91
equal Apollo Hospitals Healthcare 68.20 2.12 0.00 1.81
equal Divi's Laboratories Healthcare 38.19 2.23 1.05 1.78
up Max Financial Services Financial 80.11 1.92 1.31 1.77
down Oberoi Realty Construction 34.15 3.42 0.00 1.71
equal Sanofi India Healthcare 38.77 2.17 0.00 1.67
down Voltas Cons Durable 46.73 2.38 0.00 1.59
equal Info Edge (India) Services 143.06 3.46 0.00 1.58
equal Fortis Healthcare (India) Healthcare 97.43 1.67 0.00 1.58
up Balkrishna Industries Automobile 26.65 1.54 0.00 1.54
equal Exide Industries Engineering 20.30 1.51 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-Dec-2019

Fund Manager

— 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.

— 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:

— 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.


-0.11%

Change from previous, NAV as on 22-Jan-2020

Growth: ₹ 1,198.6453

Dividend: ₹ 62.6202

Bonus: ₹ 199.5408


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 1% for redemption within 365 days

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 08-Oct-1995
Return Since Launch: 21.76%
Benchmark: S&P BSE Mid Cap TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 6,844 Cr (As on 31-Dec-2019)
Expense: 1.87% (As on 31-Dec-2019)
Risk Grade: Average
Return Grade: Average
Turnover: 103.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend15-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
 18-Jul-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: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM