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Nippon India Growth Fund - Institutional Plan

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Equity: Mid Cap

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1 Lakh

Investment Grown to
₹ 2.16 Lakh

₹ 10000

Monthly SIP Grown to
₹ 6.40 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 51.14 -2.74 -2.84 5.15 14.61 37.93 81.68 29.18 18.16 17.45 18.05
S&P BSE 150 MidCap TRI 51.99 -2.28 -2.68 6.04 13.21 33.11 83.20 27.66 18.15 19.77 19.14
Equity: Mid Cap 46.61 -1.85 -2.17 5.43 12.55 32.58 75.42 25.59 15.90 17.03 19.59

As on 20-Oct-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 - Institutional Plan
Unrated
 Aug-07 81.68 29.18 18.16 2.00% 11,839
Kotak Emerging Equity Fund Regular Plan  | Invest Online
4 star
 Mar-07 74.47 28.03 17.36 1.80% 16,318
Axis Midcap Fund
5 star
 Feb-11 68.13 29.72 21.18 1.90% 15,395
Nippon India Growth Fund  | Invest Online
4 star
 Oct-95 81.12 28.32 17.60 1.85% 11,839
PGIM India Midcap Opportunities Fund - Regular Plan  | Invest Online
5 star
 Dec-13 91.72 37.47 20.43 2.22% 3,060

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 20.31 13-May-2009 - 20-May-2009 -20.14 15-Jan-2008 - 22-Jan-2008
Month 34.83 28-Apr-2009 - 28-May-2009 -35.27 20-Feb-2020 - 23-Mar-2020
Quarter 83.24 09-Mar-2009 - 10-Jun-2009 -39.59 02-Sep-2008 - 02-Dec-2008
Year 134.91 09-Mar-2009 - 09-Mar-2010 -55.40 14-Jan-2008 - 13-Jan-2009

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 27.40 24.37 0.96 0.95 0.95 3.12
S&P BSE 150 MidCap TRI 25.46 25.11 0.86 0.90 -- --
Equity: Mid Cap 23.65 23.28 0.85 0.89 0.90 0.30

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

As on 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 81
Top 10 Stocks (%) * --
Top 5 Stocks (%) * --
Top 3 Sectors (%) * --
Portfolio P/B Ratio * 4.19
Portfolio P/E Ratio 30.66

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 31,978 29,771
Giant (%) 5.60 4.85
Large (%) 21.41 15.82
Mid (%) 64.86 73.84
Small (%) 8.13 8.86
Tiny (%) -- 0.00

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 62.87 5.33 3.90 4.63
down L&T Technology Services Engineering 60.33 3.57 0.39 3.57
equal Cholamandalam Financial Holdings Financial 18.66 4.61 2.21 3.50
down SRF Diversified 47.48 3.40 1.47 3.17
equal Ashok Leyland Automobile -- 3.41 0.00 3.16
up ICICI Bank Financial 26.23 3.22 1.00 2.94
equal Max Financial Services Financial 107.82 3.32 1.31 2.86
down Mphasis Technology 50.29 2.61 0.00 2.55
equal Voltas Consumer Durable 69.65 2.93 1.56 2.51
down Indian Railway Catering & Tourism Corporation Services 246.34 2.50 0.00 2.50
equal Aditya Birla Fashion and Retail Services -- 3.55 1.80 2.22
up AU Small Finance Bank Financial 31.60 3.87 0.72 2.20
down Emami FMCG 48.59 3.01 0.00 2.09
equal Deepak Nitrite Chemicals 33.86 1.94 0.00 1.94
equal Bharat Electronics Engineering 24.07 1.88 0.52 1.86
equal Angel One Financial 25.17 1.69 0.00 1.69
equal Ipca Laboratories Healthcare 28.67 1.87 0.00 1.67
equal The Federal Bank Financial 12.59 2.51 0.00 1.64
down Apollo Hospitals Healthcare 70.12 2.70 0.00 1.63
up Trent Services -- 1.60 0.00 1.60
equal Jindal Steel & Power Metals 12.65 2.20 0.00 1.57
down Vardhman Textiles Textiles 13.62 2.75 1.54 1.54
equal Fortis Healthcare Healthcare 60.22 2.05 0.77 1.52
up M&M Financial Services Financial -- 1.95 0.00 1.50
equal Sanofi India Healthcare 33.10 2.54 1.19 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-Sep-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:

-0.41%

Change from previous, NAV as on 21-Oct-2021

IDCW: ₹ 773.1912

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 (₹) 5,00,00,000
Minimum Addl Investment (₹) 1,00,000
Minimum SIP Investment (₹) 100
Minimum No of Cheques --
Minimum Withdrawal (₹) 100
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 1% for redemption within 30 days

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 08-Aug-2007
Return Since Launch: 14.58%
Benchmark: S&P BSE Mid Cap TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 11,839 Cr (As on 30-Sep-2021)
Expense: 2.00% (As on 28-Feb-2017)
Risk Grade: --
Return Grade: --
Turnover: 74.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW12-Mar-202145.0000

 13-Mar-202070.8327
 15-Mar-201956.0000
 16-Mar-201880.0000
 09-Mar-201760.0000
 15-Mar-201650.0000
 05-Mar-201555.0000
 14-Mar-201435.0000
 26-Mar-201344.0000
 24-Mar-20114.0000
 30-Mar-20102.5000
 30-Oct-20095.0000
 19-Mar-20086.5000

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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