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Nippon India Growth Fund Direct IDCW+0.14%

76.97%
1 Year Return
Equity
Mid Cap
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Growth Fund Direct IDCW

RiskVery High
Min SIP Amount₹100
Expense Ratio1.22%
NAV₹103.91 (26 Jul 2021)
Fund Started01 Jan 2013
Fund Size10,262 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
77.0%
20.6%
17.9%
15.8%
Category Average
72.8%
17.0%
15.6%
-
Rank Within Category
12
9
6
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount100
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 77.0% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 1.22%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. 1Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is more than 5000 Crs. Returns tend to go low once AUM exceeds a certain amount

Top Holdings

NameSectorInstrument% Assets
Varun Beverages Ltd.FMCGEquity4.3%
Cholamandalam Financial Holdings Ltd.FinancialEquity3.9%
Ashok Leyland Ltd.AutomobileEquity3.3%
Max Financial Services Ltd.FinancialEquity3.0%
SRF Ltd.DiversifiedEquity2.8%
L&T Technology Services Ltd.EngineeringEquity2.8%
ICICI Bank Ltd.FinancialEquity2.7%
Emami Ltd.FMCGEquity2.6%
Voltas Ltd.Consumer DurableEquity2.4%
Apollo Hospitals Enterprise Ltd.HealthcareEquity2.2%
See All

Fund Managers

Nippon India Growth Fund Direct IDCW Details

Nippon India Growth Fund Direct IDCW is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Manish Gunwani is the Current Fund Manager of Nippon India Growth Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹10,262 Cr and the Latest NAV as of 26 Jul 2021 is ₹103.91.

The Nippon India Growth Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100. Exit load of 1% if redeemed within 1 months

Investment Objective

The scheme aims at long term growth of capital through research based investment approach. The funds will be invested in Equity and equity related instruments ,and there will be an exposure to debt and money market instruments also.

Tax Implications

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.

Scheme Information Document(SID)

₹100
Min for First Investment
₹100
Min for Second Investment
Exit load of 1% if redeemed within 1 months
Exit Load

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About Nippon India Mutual Fund

Address
Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
Phone
022-33031000/30301111
Launch Date
30 Jun 1995
Website
NA
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,
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