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Nippon India Growth Fund Direct Growth

Equity
Mid Cap
Very High Risk
19.53%
3Y annualised
-0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 05 Jul 2022₹1,999.90
Min. SIP amount₹100
Rating4
Fund size₹11,628.70Cr

Returns and rankings

Category: Equity Mid Cap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns5.8%19.5%13.3%15.5%
Category average72.8%17.0%15.6%NA
Rank with in category5116NA
Understand terms

Holdings (86)

NameSectorInstrumentAssets
Varun Beverages Ltd.Consumer StaplesEquity3.9%
Cholamandalam Financial Holdings Ltd.FinancialEquity3.7%
Max Financial Services Ltd.FinancialEquity3.1%
AU Small Finance Bank Ltd.FinancialEquity2.8%
The Federal Bank Ltd.FinancialEquity2.8%
Aditya Birla Fashion and Retail Ltd.ServicesEquity2.5%
Devyani International Ltd.ServicesEquity2.5%
Ashok Leyland Ltd.AutomobileEquity2.2%
Bharat Electronics Ltd.Capital GoodsEquity2.2%
The Indian Hotels Company Ltd.ServicesEquity2.1%
See All

Pros and cons

Category: Equity Mid Cap

Pros

Cons

3Y annualised returns higher than category average by 2.55%
Higher AUM: 11628Cr. Funds with a higher AUM tend to have lower returns in the future
Lower expense ratio: 1.22%
1Y and 5Y annualised returns lower than category average

Expense ratio, exit load and tax

Expense ratio: 1.22%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 1 months

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Fund management

Manish Gunwani
Sep 2017 - Present
View details

Education
Mr. Gunwani is a B.Tech. and PGDM.
Experience
Prior to joining Nippon India Mutual Fund, he has worked with ICICI Prudential Mutual Fund as Fund Manager and as Analyst in various organisations: Vicisoft Technologies, Lehman Brothers, Brics Securities , Lucky Securities, SSKI Securities and Prime Securities.
Also manages these schemes

Dhrumil Shah
Feb 2019 - Present
View details

Education
Mr. Shah is B.com and C.A
Experience
Prior to joining Nippon India Mutual Fund, he has worked with Birla Sun Life Insurance as AVP Investments, Equity Fund Management and Research and ASK investment Managers as Portfolio Manager, Equity Fund Management and Research.
Also manages these schemes

Tejas Sheth
May 2019 - Present
View details

Fund house & investment objective

Fund house contact details

Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg,Lower Parel (W), Mumbai 400013
Phone
022-68334800 / 18602660111
Launch Date
30 Jun 1995
Website
NA
Amc Image
Nippon India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

Compare funds

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FAQs

How to Invest in Nippon India Growth Fund Direct Growth?

You can easily invest in Nippon India Growth Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Nippon India Growth Fund Direct Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Nippon India Growth Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Nippon India Growth Fund Direct Growth provide?

The Nippon India Growth Fund Direct Growth has been there from 31 Dec 2012 and the average annual returns provided by this fund is 5.81% since its inception.

How much expense ratio is charged by Nippon India Growth Fund Direct Growth?

The term Expense Ratio used for Nippon India Growth Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Nippon India Growth Fund Direct Growth is 1.22% as of 06 Jul 2022...

What is the AUM of Nippon India Growth Fund Direct Growth?

The AUM, short for Assets Under Management of Nippon India Growth Fund Direct Growth is ₹11,628.70Cr as of 06 Jul 2022.

How to Redeem Nippon India Growth Fund Direct Growth?

If you want to sell your Nippon India Growth Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Nippon India Growth Fund Direct Growth?

You can select either SIP or Lumpsum investment of Nippon India Growth Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Nippon India Growth Fund Direct Growth?

The NAV of Nippon India Growth Fund Direct Growth is ₹1,999.90 as of 05 Jul 2022.

What is the PE and PB ratio of Nippon India Growth Fund Direct Growth?

The PE ratio ratio of Nippon India Growth Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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