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 #12 of 34 in category.
Fund basics
| Category | Equity: Mid Cap |
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| NAV | ₹4273.60 (as of 2026-10-01) |
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| AUM | ₹52,271 Cr |
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| Expense ratio | 1.23% |
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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 | 15.83% |
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| Sharpe ratio | 0.77 |
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| Standard deviation | 17.76% |
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| Max drawdown | −62.65% |
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| Alpha | 2.19 |
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| Beta | 0.97 |
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Over 5 years, captured 97.1% of NIFTY Midcap 150's upside and 88.5% of its downside.
Market cap allocation
| Large cap | 21.3% |
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| Mid cap | 67.0% |
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| Small cap | 11.7% |
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Concentration
| Top 5 holdings | 13.8% |
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| Top 10 holdings | 24.9% |
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| Total holdings | 100 |
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| Index overlap | 45.7% |
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| Active share | 54.3% |
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Top holdings
- AU Small Finance Bank Limited — 2.9%
- Federal Bank Ltd. — 2.8%
- Multi Commodity Exchange of India Ltd — 2.8%
- Info Edge(India) Ltd. — 2.6%
- Fortis Healthcare Ltd — 2.6%
- BSE Ltd. — 2.5%
- Eternal Limited — 2.4%
- REC LIMITED — 2.2%
- Bharat Forge Ltd — 2.0%
- One 97 Communications Limited — 2.0%
Top sectors
- Banking & Financial — 17.3%
- Retail — 9.7%
- Automobile — 8.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 1.2% | Q2 | #13 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 |