Nippon India Growth Mid Cap Fund
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.
Growthvine rating: 3/5 — ranked #14 of 33 in category.
Fund basics
| Category | Equity: Mid Cap |
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| NAV | ₹4575.45 (as of 2026-08-21) |
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| AUM | ₹49,169 Cr |
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| Expense ratio | 1.24% |
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| Riskometer | Very High |
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| Fund manager | Rupesh Patel |
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| Exit load | 1% for redemption within 30 days |
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Performance & risk
| 5-year annualised return | 18.96% |
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| Sharpe ratio | 0.82 |
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| Standard deviation | 17.81% |
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| Max drawdown | -62.65% |
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| Alpha | 2.44 |
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| Beta | 0.97 |
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Over 5 years, captured 97.0% of NIFTY Midcap 150's upside and 89.4% of its downside.
Market cap allocation
| Large cap | 22.1% |
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| Mid cap | 66.4% |
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| Small cap | 11.4% |
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Concentration
| Top 5 holdings | 13.5% |
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| Top 10 holdings | 25.0% |
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| Total holdings | 99 |
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| Index overlap | 46.0% |
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| Active share | 54.0% |
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Top holdings
- Federal Bank Ltd. — 2.9%
- AU Small Finance Bank Limited — 2.7%
- BSE Ltd. — 2.7%
- Info Edge(India) Ltd. — 2.6%
- Fortis Healthcare Ltd — 2.5%
- REC LIMITED — 2.5%
- Eternal Limited — 2.4%
- Bharat Forge Ltd — 2.4%
- Multi Commodity Exchange of India Ltd — 2.3%
- ICICI Bank Ltd. — 2.0%
Top sectors
- Banking & Financial — 17.3%
- Retail — 9.8%
- Automobile — 9.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 8.3% | Q2 | #11 of 31 |
| 2025 | 3.6% | Q2 | #12 of 29 |
| 2024 | 26.9% | Q3 | #20 of 29 |
| 2023 | 48.6% | Q1 (Top) | #1 of 28 |
| 2022 | 5.8% | Q1 (Top) | #5 of 22 |