Nippon India Growth Fund - Growth Option has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 56.61 | 27.82 | 23.83 | 16.87 |
Average Rolling Returns(%) | 22.03 | 18.59 | 15.10 | 14.60 |
The Current NAV of Nippon India Growth Fund - Growth Option is ₹3417.86.
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 fund’s expense ratio is 1.65%
The process for redemption is
The AUM of Nippon India Growth Fund - Growth Option 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 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 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 53.64 and PB ratio is 8.53
The asset allocation of Nippon India Growth Fund - Growth Option is Stocks : 98.82%, Debt : 1.21% 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