FAQ : Nippon India Growth Fund - Growth Option - Direct Plan

Nippon India Growth Fund - Growth Option - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 57.85 28.82 24.75 17.73
Average Rolling Returns(%) 23.01 18.86 16.08 18.62

The Current NAV of Nippon India Growth Fund - Growth Option - Direct Plan is ₹3663.71.

You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark Nifty Midcap 100 returns, as Funds portfolio is significantly different.

Nippon India Growth Fund - Growth Option - Direct Plan fund’s expense ratio is 0.81%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Nippon India Growth Fund - Growth Option - Direct Plan is currently ₹24,796 Crores.

The Top three stocks are Power Finance Corp, Cholamandalam Fin. and Varun Beverages and account for 8% of its portfolio. Top 5 and 10 stocks of fund account for 13% and 23% of fund’s portfolio respectively.

Top three sectors of Nippon India Growth Fund - Growth Option - Direct Plan fund are BFSI, Auto and Healthcare accounting for 46% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Mid Cap Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Nippon India Growth Fund - Growth Option - Direct Plan Fund is Equity - Mid Cap Fund.

Rupesh Patel and Sanjay Doshi manage the Nippon India Growth Fund - Growth Option - Direct Plan Fund.

Nippon India Growth Fund - Growth Option - Direct Plan current PE ratio is 53.64 and PB ratio is 8.54

The asset allocation of Nippon India Growth Fund - Growth Option - Direct Plan is Stocks : 98.82%, Debt : 1.21% and Gold : 0%

The minimum SIP amount for Nippon India Growth Fund - Growth Option - Direct Plan is ₹100.00 and minimum lumpsum is ₹100.00

The exit load for Nippon India Growth Fund - Growth Option - Direct Plan is 1% on or before 1 months, Nil after 1 months

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