Fund Performance
Lumpsum
SIP
34.31
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 24,227 today.
NAV Performance
Fund Information
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₹ 2,745.960
as on 22 Sep 2023 -
Regular - Growth
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3 / 25
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₹ 100
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₹ 13,420 Cr.
as on 31 May 2023 -
1.69%
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02 Jan 2013
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Nifty 50
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Nippon India Mutual Fund
Show All Funds -
Nippon India Growth Fund - Growth charges 1.0% of sell value; if fund sold before 30 days. There are no other charges.
Highlights of this fund
Nippon India Growth Fund is an Open-ended Equity Fund. The fund belongs to Mid Cap Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 02 Jan 2013. This fund is offered by one of the top AMC (Assets Management Company) Nippon India Mutual Fund. You can also view here all other Equity funds offered by Nippon India Mutual Fund.
Latest NAV of the fund is ₹ 2,745.960 as on 22 Sep 2023.
This fund has 10 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.69%. Ideally you shoulds compare this fund with the benchmark Nifty 50.
You can invest in this fund in SIP with the minimum investment of ₹ 100. Lumpsum invest is offered with minimum investment of ₹ 100.
Fund Objective
The objective of the Scheme is to achieve long-term growth of capital through research based investment approach.
List of Fund Managers of Nippon India Growth Fund
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About Kinjal Desai
Kinjal Desai is Fund Manager – Overseas at Reliance Mutual Fund. Kinjal has obtained her Masters in Economics from Warwick University, UK. She has a total experience of 6 years as Research Analyst – Equities at Reliance Mutual Fund where she started her career as an Associate.
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About Tejas Sheth
Mr. Sheth has done PG Diploma in Managemaent. 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.
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About Rupesh Patel
Rupesh brings in more than 18 years of experience which is spread across listed equity investments, private equity real estate investments, credit risk assessment and evaluation of infrastructure projects. He had joined Tata Mutual Fund in May 2008 and served assignments in equity research as the head of Portfolio Management Services vertical. He is a graduate in engineering from Sardar Patel University, Gujarat and holds a masters in business administration from Sardar Patel University, Gujarat.
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About Sanjay Doshi
Mr. Sanjay Doshi has over 13 years of experience in equity research and fund management. Prior to joining Reliance Nippon Life Asset Management Limited (formerly Reliance Capital Asset Management Limited) in 2011, he has worked with Macquarie Securities and JP Morgan. He is a qualified Chartered Account, has done MBA with specialization in Finance from NMIMS (Deemed University), Mumbai and has cleared CFA Level III.
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About Dhrumil Shah
Dhrumil Shah is Assistant Fund Manager – Equity Investments at Reliance Mutual Fund. Dhrumil has over 13 years of experience in equity research and fund management. Prior to Joining RMF, he was managing mid cap fund as well as large cap funds at Birla Sun Life Insurance. Prior to Birla Sun Life, he was associated with ASK Investment Managers as portfolio manager. Dhrumil is a graduate from Mumbai University and a Qualified Charted Accountant.
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About Akshay Sharma
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Very High Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 4.62% | 15.06% | 32.88% | 28.97% | 41.90% | 38.15% | 23.02% | 23.70% | 45.25% | 31.19% | 30.25% | 30.54% | 20.18% |
| Category Average | 2.36% | 9.26% | 25.55% | 18.15% | 13.67% | 29.40% | 17.32% | 20.04% | 34.51% | 21.63% | 22.39% | 23.19% | 17.35% |
| Nippon India Growth Fund | 4.04%₹ 10,404 | 13.24%₹ 11,324 | 32.52%₹ 13,252 | 23.98%₹ 12,398 | 44.35%₹ 14,718 | 16.06%₹ 13,468 | 27.65%₹ 31,255 | 34.31%₹ 24,227 | 27.61%₹ 53,599 | 20.63%₹ 25,573 | 26.87%₹ 1,16,481 | 20.34%₹ 63,829 | 19.13%₹ 3,28,693 |
| Kotak Emerging Equity Fund | 1.61%₹ 10,160 | 8.20%₹ 10,819 | 21.98%₹ 12,198 | 15.92%₹ 11,591 | 29.90%₹ 13,864 | 13.60%₹ 12,905 | 20.53%₹ 29,322 | 31.24%₹ 22,606 | 22.30%₹ 49,852 | 19.24%₹ 24,131 | 24.18%₹ 1,09,217 | 23.70%₹ 84,085 | 19.33%₹ 3,32,334 |
| SBI Magnum Mid Cap Fund | 3.77%₹ 10,377 | 6.77%₹ 10,677 | 25.98%₹ 12,598 | 16.17%₹ 11,616 | 33.66%₹ 14,088 | 16.38%₹ 13,544 | 22.65%₹ 29,893 | 35.07%₹ 24,641 | 25.15%₹ 51,839 | 19.65%₹ 24,543 | 26.49%₹ 1,15,425 | 22.05%₹ 73,515 | 18.19%₹ 3,12,438 |
| PGIM India Midcap Opportunities Fund | 1.34%₹ 10,133 | 4.81%₹ 10,480 | 15.73%₹ 11,573 | 5.38%₹ 10,537 | 17.16%₹ 13,087 | 6.97%₹ 11,441 | 11.80%₹ 27,013 | 30.52%₹ 22,237 | 17.86%₹ 46,847 | 21.03%₹ 25,998 | 25.83%₹ 1,13,636 | - | - |
| Motilal Oswal Midcap 30 Fund | 4.62%₹ 10,462 | 7.08%₹ 10,707 | 26.18%₹ 12,618 | 16.65%₹ 11,664 | 34.69%₹ 14,150 | 22.35%₹ 14,970 | 27.07%₹ 31,098 | 37.11%₹ 25,775 | 30.25%₹ 55,532 | 19.68%₹ 24,576 | 27.72%₹ 1,18,866 | - | - |
| Edelweiss Mid Cap Fund | 1.53%₹ 10,152 | 7.58%₹ 10,758 | 24.36%₹ 12,435 | 15.63%₹ 11,562 | 30.52%₹ 13,901 | 12.80%₹ 12,723 | 20.36%₹ 29,276 | 31.35%₹ 22,660 | 22.23%₹ 49,800 | 18.45%₹ 23,336 | 24.36%₹ 1,09,694 | - | - |
Portfolio Holdings
Top Sector Holdings of Nippon India Growth Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 8.61% | ₹ 1,305.19 Cr. |
| Pharmaceuticals | 6.87% | ₹ 1,042.00 Cr. |
| NBFC | 5.91% | ₹ 895.79 Cr. |
| Computers - Software | 5.38% | ₹ 816.04 Cr. |
| Hospital | 4.48% | ₹ 680.38 Cr. |
| Others | 68.75% | - |
Top Stock Holdings of Nippon India Growth Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Au Small Finance Bank Ltd. | 3.81% | ₹ 577.69 Cr. |
| Cholamandalam Financial Holdings Ltd. | 3.67% | ₹ 557.11 Cr. |
| Varun Beverages Ltd. | 3.13% | ₹ 474.45 Cr. |
| Power Finance Corporation Ltd. | 2.86% | ₹ 434.39 Cr. |
| Persistent Systems Ltd. | 2.40% | ₹ 363.45 Cr. |
| Others | 84.13% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 3.94% |
| MF Units | 0.08% |
| Margin | 0.02% |
| Net Receivables | -0.16% |