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Nippon India Growth Mid Cap Fund(G)-Direct Plan

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

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

1 Year 3 Year 5 Year 9 Year
CAGR(%) 5.44 15.96 16.09 16.95
Average Rolling Returns(%) 22.52 19.55 18.72 15.85

The Current NAV of Nippon India Growth Mid Cap Fund - Growth Option - Direct Plan is ₹4743.37.

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 Mid Cap Fund - Growth Option - Direct Plan fund’s expense ratio is 0.59%

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 Mid Cap Fund - Growth Option - Direct Plan is currently ₹50,176 Crores.

The Top three stocks are Multi Commodity Exch, AU Small Fin. Bank and Federal Bank and account for 9% of its portfolio. Top 5 and 10 stocks of fund account for 14% and 25% of fund’s portfolio respectively.

Top three sectors of Nippon India Growth Mid Cap Fund - Growth Option - Direct Plan fund are BFSI, Healthcare and Auto accounting for 52% 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 Mid Cap Fund - Growth Option - Direct Plan Fund is Equity - Mid Cap Fund.

Rupesh Patel manages the Nippon India Growth Mid Cap Fund - Growth Option - Direct Plan Fund.

Nippon India Growth Mid Cap Fund - Growth Option - Direct Plan current PE ratio is 49.72 and PB ratio is 8.64

The asset allocation of Nippon India Growth Mid Cap Fund - Growth Option - Direct Plan is Stocks : 99.02%, Debt : 0.97% and Gold : 0%

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

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