Home>Mutual Funds>Nippon India Mutual Fund>Nippon India Growth Fund Direct IDCW

Nippon India Growth Fund Direct IDCW

Equity
Mid Cap
Very High Risk
Payout
29.15%
3Y annualised
-0.87% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 22 Oct 2021₹115.65
Min. SIP amount₹100
Rating4star
Fund size₹11,839.23 Cr

Returns and rankings

Category: Equity Mid Cap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns79.4%29.1%18.1%18.2%
Category average72.8%17.0%15.6%NA
Rank with in category896NA
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Holdings (78)

NameSectorInstrumentAssets
FMCGEquity4.6%
L&T Technology Services Ltd.
EngineeringEquity3.6%
FinancialEquity3.5%
DiversifiedEquity3.2%
AutomobileEquity3.2%
FinancialEquity2.9%
FinancialEquity2.9%
TechnologyEquity2.5%
Consumer DurableEquity2.5%
Indian Railway Catering & Tourism Corporation Ltd.
ServicesEquity2.5%
See All

Pros and cons

info
Category: Equity Mid Cap
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Pros

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher alpha: 3.2 The fund has generated returns higher than benchmark - S&P BSE Mid Cap TRI - in the last 3Y
Lower expense ratio: 1.04%
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Cons

Higher AUM: 11839Cr. Funds with a higher AUM tend to have lower returns in the future

Expense ratio, exit load and tax

Expense ratio: 1.04%

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 termsinfo
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
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Dhrumil Shah
Feb 2019 - Present
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Tejas Sheth
May 2019 - Present
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Fund house & investment objective

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Fund house contact details

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