December 26, 2025
RA Jainee
Nippon India Growth Mid Cap Fund
| Fund at a Glance | |
| NAV Growth | Rs 4,641.54 |
| NAV Bonus | Rs 771.12 |
| NAV IDCW | Rs 194.15 |
| Min. Investment (Rs.) | 100 |
| Min. SIP Investment (Rs.) | 100 |
| Min. No of Cheques | 60 |
| Benchmark | NIFTY Midcap 150 TRI |
| AUM Rs. | 42,042 Cr |
| (As on 30-Nov-2025) | |
| Expense | 0.73% |
| 1 Year Return (%) | 4.90 |
| 3 Year Return (%) | 27.25 |
| 5 Year Return (%) | 26.09 |
| 10 Year Return (%) | 19.01 |
| Return Since Launch | 18.59% |
⚖️ Sahifund Review – Nippon India Growth Mid Cap Fund
PLUS: Stability | Track Record | Cost Efficiency
This fund has delivered excellent long-term wealth creation, with 3-year and 5-year CAGR above 26%, clearly outperforming the midcap benchmark and category average. Its low portfolio turnover of just 6% reflects a strong buy-and-hold philosophy, which helps reduce churn-related risks. A well-diversified portfolio of nearly 100 stocks lowers single-stock concentration, while disciplined stock selection has enabled the fund to navigate midcap volatility effectively. The fund also benefits from a long operating history and a seasoned fund manager.
MINUS: Large AUM | Midcap Volatility | Short-Term Lag
With an AUM exceeding Rs. 42,000 crore, agility in the midcap space can be a concern. Being a midcap-oriented fund, short-term drawdowns can be sharp, as seen in relatively muted 1-year returns. The fund may lag momentum-driven peers during fast rallies, testing investor patience in the short run.
Sahifund View (Decisive Line):
An ideal choice for patient investors with a 7+ year SIP horizon who can tolerate volatility to capture superior midcap compounding over full market cycles.
👉 Apply Online | Ask Us MF Queries |
| NFO Guidance |
What lies ahead? Below we decode returns consistency, portfolio concentration, peer positioning and risk profile in detail.
Suitable For Which Investors?
When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
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.
Fund Manager:
1) Rupesh Patel
Education: Mr. Rupesh is a B.E.(Civil) and MBA (Finance)
Experience: Prior to joining Nippon India Mutual Fund, he has worked with Tata Asset Management Limited, Indiareit Fund Advisors Pvt. Ltd. and Credit Analysis & Research Ltd.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 60 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 30 days |
Basic Details of Nippon India Growth Mid Cap Fund
| Fund House | Nippon India Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 18.59% |
| Benchmark | NIFTY Midcap 150 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 42,042 Cr |
| (As on 30-Nov-2025) | |
| Expense | 0.73% |
| (As on 30-Nov-2025) | |
| Risk Grade | Below Average |
| Return Grade | Above Average |
| Turnover | 6.00% |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon India Growth Mid Cap Dir | 4.38 | -0.38 | 0.24 | 1.30 | 2.39 | 4.90 | 27.25 | 26.09 | 22.88 | 19.01 |
| BSE 150 MidCap TRI | 3.53 | -0.39 | 0.45 | 1.88 | 2.99 | 3.98 | 24.81 | 23.98 | 20.67 | 18.01 |
| Equity: Mid Cap | 3.11 | -0.43 | 0.29 | 2.09 | 2.55 | 3.42 | 24.26 | 23.10 | 20.45 | 17.32 |
| Rank within category | 25 | 16 | 33 | 37 | 33 | 25 | 10 | 4 | 4 | 5 |
| Number of funds in category | 48 | 57 | 55 | 54 | 51 | 48 | 40 | 25 | 22 | 19 |
Peer Comparison of Nippon India Growth Mid Cap Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Nippon India Growth Mid Cap Dir | 4 star | 4.90 | 27.25 | 26.09 | 0.73 | 42,042 | 18.59 | 1.00 (30) | 12Y 11M | 6.00 |
| HDFC Mid Cap Dir | 5 star | 7.76 | 28.01 | 26.59 | 0.71 | 92,169 | 21.00 | 1.00 (365) | 12Y 11M | 13.07 |
| Kotak Midcap Dir | 4 star | 3.46 | 23.88 | 24.46 | 0.37 | 60,480 | 20.57 | 1.00 (365) | 12Y 11M | 24.73 |
| Motilal Oswal Midcap Dir | 5 star | -8.68 | 28.28 | 29.64 | 0.72 | 38,003 | 22.90 | 1.00 (365) | 11Y 10M | 124.00 |
| Sundaram Midcap Dir | 4 star | 5.54 | 26.64 | 24.33 | 0.90 | 13,345 | 18.61 | 1.00 (365) | 12Y 11M | 45.70 |
Portfolio Analysis of Nippon India Growth Mid Cap Fund
| No. of Stocks | 97 |
| Top 10 Stocks | 24.45% |
| Top 5 Stocks | 13.98% |
| Top 3 Sectors | 60.50% |
| Portfolio P/B Ratio | 4.14 |
| Portfolio P/E Ratio | 27.87 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 67,631 | 64,456 |
| Giant (%) | 7.80 | 5.25 |
| Large (%) | 40.34 | 40.03 |
| Mid (%) | 49.66 | 55.71 |
| Small (%) | 2.20 | 4.06 |
| Tiny (%) | — | 2.05 |
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Quicklinks
- Chanakyanipothi.com
- Staffavailable.com
- BigGaddi.com
- Latest IPO GMP
- Best Stocks to buy today
- Grey Market Premium
- Upcoming IPOs
- Subscription Status