Nippon India Growth Fund - Institutional Plan

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Value Research Rating

Unrated

Analyst’s Choice

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Riskometer

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Very High

₹1,438.1445 2.41%

As on 08-Oct-2024

Returns

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Calculate SIP Returns of Nippon India Growth Fund - Institutional Plan

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Very High risk.

Low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of Nippon India Growth Fund - Institutional Plan

Asset Allocation

Split between different types of investments

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Market Cap Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of Nippon India Growth Fund - Institutional Plan

Assets info

₹33,707 Cr

Exit Load (Days) info

1.00 (30)

Min. Investment (₹)

5,00,00,000

Min. Withdrawal (₹)

100

Min. SIP Investment (₹)

100

Min. No of Cheques

60

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.

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.

Capital Gains Taxation

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1.25 lakh in a financial year are exempt from tax. Gains over Rs 1.25 lakh are taxed at the rate of 12.5%.
  • 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 20%.
  • No tax is to be paid as long as you continue to hold the units.

Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.

Dividend Taxation

  • 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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FAQ for Nippon India Growth Fund - Institutional Plan

Nippon India Growth Fund - Institutional Plan is mandated to invest at least 65 per cent of its assets in mid-cap stocks at all times.

Mutual funds can be bought directly from the website of the fund house. For instance, Nippon India Growth Fund - Institutional Plan fund can be purchased from the website of Nippon India Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of Nippon India Growth Fund - Institutional Plan is ₹1,438.1445 as of 09-Oct-2024.

The AUM of Nippon India Growth Fund - Institutional Plan Fund is ₹33,707 Cr as of 31-Aug-2024

The riskometer level of Nippon India Growth Fund - Institutional Plan is Very High. See More

As of 31-Aug-2024, Nippon India Growth Fund - Institutional Plan had invested 97.27% in Equity, 2.73% in Cash & Cash Eq. and 0% in Debt See More

Nippon India Growth Fund - Institutional Plan is 17 years 2 months old. It has delivered 16.50% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
50.89%
25.43%
31.92%
21.74%
19.98%
16.50%

No, There is no lock in period in Nippon India Growth Fund - Institutional Plan.

The expense ratio of Nippon India Growth Fund - Institutional Plan is --.