FAQ : Nippon India Growth Fund - Growth Option

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

1 Year 3 Year 5 Year 9 Year
CAGR(%) 58.16 30.1 27.94 19.18
Average Rolling Returns(%) 23.18 18.93 15.40 14.70

The Current NAV of Nippon India Growth Fund - Growth Option is ₹3978.85.

You should look for a fund with better more consistent performance track record. Funds returns likely to be fairly different than its benchmark Nifty Midcap 150 , as Funds portfolio is somewhat different.

Nippon India Growth Fund - Growth Option fund’s expense ratio is 1.61%

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 is currently ₹30,839 Crores.

The Top three stocks are Power Finance Corp, Cholamandalam Fin. and Supreme Industries and account for 9% 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 fund are BFSI, Auto and Healthcare accounting for 47% 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 Fund is Equity - Mid Cap Fund.

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

Nippon India Growth Fund - Growth Option current PE ratio is 57.13 and PB ratio is 10.51

The asset allocation of Nippon India Growth Fund - Growth Option is Stocks : 98.50%, Debt : 1.55% and Gold : 0%

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

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

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