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Nippon India Growth Fund

Nippon India Growth Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

34.31

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 24,227 today.

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NAV Performance

Nippon India Growth Fund performance graph for last 3 years
Performance of Nippon India Growth Fund for last 3 Years

Fund Information

  • ₹ 2,745.960

    as on 22 Sep 2023
  • Regular - Growth

  • 3 / 25

  • ₹ 100

  • ₹ 13,420 Cr.

    as on 31 May 2023
  • 1.69%

  • 02 Jan 2013

  • Equity - Mid Cap Fund

  • Nifty 50

  • 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

  • About Kinjal Desai

    Picture of Kinjal DesaiKinjal 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.
  • About Tejas Sheth

    Picture of Tejas ShethMr. 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.
  • About Rupesh Patel

    Picture of Rupesh PatelRupesh 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.
  • About Sanjay Doshi

    Picture of Sanjay DoshiMr. 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.
  • About Dhrumil Shah

    Picture of Dhrumil ShahDhrumil 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.
  • About Akshay Sharma

    Picture of 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

Portfolio holdings pattern of Nippon India Growth Fund as on 26 Sep 2023 are listed below:

  • Equity Holdings:

    96.12%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    3.88%

Top Sector Holdings of Nippon India Growth Fund

Name of SectorHolding PercentageHolding 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 StocksHolding PercentageHolding 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 TypeHolding Percentage
TREPS 3.94%
MF Units 0.08%
Margin 0.02%
Net Receivables -0.16%