Nippon India Growth Mid Cap Fund - Growth Plan - Growth Option
Nippon India Mutual Fund
₹4,288.78 (+1.05%)
NAV as of 9 Oct 2026
Minimum Investment: ₹100
Return
2.52% Returns for 1Y
Expense ratio & Others
- Net expense ratio
- 0.75%
- Exit load
- 0%
- Lock-in
- No
- Minimum investment
- ₹100
- Category
- Mid-Cap
Expense ratio is inclusive of GST. Returns may be taxed based on the fund type and your holding period — please read the scheme-related documents and consult a tax advisor. Figures are historical and do not guarantee future results.
Fund Returns Estimator
One-time investment
₹1,000
6 months
₹1,043
Invested ₹1,000
▲+4.30%1 year
₹1,025
Invested ₹1,000
▲+2.52%3 years
₹1,163
Invested ₹1,000
▲+16.30%5 years
₹1,151
Invested ₹1,000
▲+15.07%
Based on the fund’s historic trailing returns — a planning illustration, not a guarantee of future results.
Invest One-TimePlan it your way
The figures above are fixed to this fund’s past returns over set periods. Use a calculator to set your own amount, tenure and expected rate of return.
Risk level
Riskometer scale
- Low
- Low to Moderate
- Moderate
- Moderate to High
- High
- Very HighThis fund
Riskometer level assigned by the fund house as per SEBI norms. It can change as the scheme’s portfolio changes.
Fund benchmark
| Primary Index Name | Nifty Midcap 150 TR INR |
|---|---|
| Secondary Index Name | Nifty Midcap 150 TR INR |
| Index Name | Nifty Midcap 150 TR INR |
| Weighting | 100% |
Returns
| 1Y | 3Y | 5Y | 10Y | |
|---|---|---|---|---|
| Fund returns (%) | +2.52% | +16.30% | +15.07% | — |
| Cumulative returns (%) | +2.52% | +57.30% | +101.79% | +364.85% |
Fund Manager
| Manager | Amber Singhania |
|---|---|
| Role | Manager |
| Manager Tenure | 0.56 yrs |
About Fund
| Date of Incorporation | 8 Oct 1995 |
|---|---|
| Fund House | Nippon India Mutual Fund |
| Custodian | Deutsche Bank AG |
| Registrar / Transfer Agent | Nippon Life India Asset Management Ltd |
| Address | 1 Great Winchester Street |
Top Holdings
| Company | Weightage (%) |
|---|---|
| AU Small Finance Bank Ltd | 2.93% |
| The Federal Bank Ltd | 2.80% |
| Multi Commodity Exchange of India Ltd | 2.80% |
| Info Edge (India) Ltd | 2.64% |
| Fortis Healthcare Ltd | 2.61% |
| BSE Ltd | 2.45% |
| Eternal Ltd | 2.39% |
| REC Ltd | 2.20% |
| Voltas Ltd | 2.16% |
| Ashok Leyland Ltd | 2.11% |
| Max Financial Services Ltd | 2.10% |
| Bharat Forge Ltd | 2.05% |
| Max Healthcare Institute Ltd Ordinary Shares | 2.03% |
| Persistent Systems Ltd | 2.02% |
| Power Finance Corp Ltd | 2.01% |
| One97 Communications Ltd | 2.00% |
| Cholamandalam Financial Holdings Ltd | 1.98% |
| ICICI Bank Ltd | 1.98% |
| Dixon Technologies (India) Ltd | 1.96% |
| GE Vernova T&D India Ltd | 1.95% |
| Indus Towers Ltd Ordinary Shares | 1.90% |
| NTPC Green Energy Ltd | 1.85% |
Investment Strategy
The primary investment objective of the scheme is to achieve long-term growth of capital by investing in equity and equity related securities through a research based investment approach.
The fund endeavors to invest in mid cap companies that have the potential to substantially increase their profitability and have consistent track record. The fund focuses on identifying potential market leaders at an early stage with a view to create long term alpha. The fund attempts to identify growth stocks that are available at reasonable valuation, thus adopting a GARP (Growth at Reasonable Price) style for investing.
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. The data shown is for information only and does not constitute investment advice.

