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Unrated

Nippon India Growth Fund - Institutional Plan


1 Lakh

Investment Grown to
₹ 1.34 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.18 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 6.91 -1.70 0.05 -0.36 9.75 19.90 21.39 10.12 9.11 15.12 11.86
S&P BSE 150 MidCap TRI 5.18 -1.71 -0.19 -1.63 7.72 20.70 14.80 7.87 10.02 15.77 12.71
Equity: Mid Cap 6.12 -1.37 0.33 -0.26 8.21 19.61 16.01 7.27 8.43 17.24 14.66

As on 24-Feb-2020

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 34.83 (28-Apr-2009 - 28-May-2009) -32.64 (24-Sep-2008 - 24-Oct-2008)
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 12.19 15.22 0.43 0.61 0.85 2.09
S&P BSE 150 MidCap TRI 10.86 17.12 0.30 0.41 -- --
Equity: Mid Cap 9.56 15.25 0.26 0.37 0.85 -0.51

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

As on 31-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 91
Top 10 Stocks (%) 28.66
Top 5 Stocks (%) 17.39
Top 3 Sectors (%) 47.43
Portfolio P/B Ratio 2.65
Portfolio P/E Ratio 24.29

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 19,065 19,522
Giant (%) 4.38 6.71
Large (%) 5.62 5.54
Mid (%) 79.51 80.84
Small (%) 10.49 10.65
Tiny (%) -- 0.56

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
down Varun Beverages FMCG 49.77 5.14 0.00 4.79
equal Cholamandalam Financial Holdings Financial 11.47 3.53 0.00 3.52
up AU Small Finance Bank Financial 52.54 3.49 0.00 3.49
equal Aditya Birla Fashion and Retail Services 108.90 3.55 0.00 2.96
equal SRF Diversified 22.82 2.63 0.00 2.63
equal City Union Bank Financial 21.84 2.74 0.00 2.55
equal Vardhman Textiles Textiles 10.24 2.75 0.00 2.36
up Bharat Forge Automobile 29.03 2.33 0.00 2.33
equal Tata Power Energy 21.32 2.45 0.00 2.03
down Tata Consumer Products FMCG 57.34 2.54 0.00 2.00
equal Apollo Hospitals Healthcare 77.96 2.12 0.00 1.96
equal Indian Hotels Services 41.51 2.43 0.00 1.82
equal Divi's Laboratories Healthcare 45.16 2.23 1.05 1.77
up Balkrishna Industries Automobile 26.95 1.74 0.00 1.74
equal Fortis Healthcare (India) Healthcare 48.62 1.73 0.00 1.73
equal RBL Bank Financial 25.02 2.71 0.00 1.72
up M&M Financial Services Financial 14.83 1.95 0.00 1.71
equal Orient Electric Engineering 67.28 2.31 0.00 1.70
down Torrent Pharmaceuticals Healthcare 65.76 2.20 0.00 1.69
equal Info Edge (India) Services -- 3.46 0.00 1.68
equal Oberoi Realty Construction 31.70 3.42 0.00 1.66
equal Voltas Cons Durable 47.72 2.38 0.00 1.58
equal Max Financial Services Financial 51.15 1.92 1.31 1.58
down ICICI Bank Financial 36.13 4.14 0.00 1.50
equal Sanofi India Healthcare 41.17 2.17 0.00 1.49

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-Jan-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.

— 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.


-1.70%

Change from previous, NAV as on 24-Feb-2020

Dividend: ₹ 582.0811


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 (₹) --
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 08-Aug-2007
Return Since Launch: 11.67%
Benchmark: S&P BSE Mid Cap TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 7,269 Cr (As on 31-Jan-2020)
Expense: 2.00% (As on 28-Feb-2017)
Risk Grade: --
Return Grade: --
Turnover: 108.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend15-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

Upcoming Video

Investors' Hangout

Time to bet big on mid- and small-cap funds?

dateFriday, 28-Feb-2020
time12:30 PM - 01:00 PM