It is an An open ended equity scheme predominantly investing in mid cap stocks.It was launched on 8th Oct 1995It has an AUM of 11,628 crs
Nippon India Growth Fund
NIFTY Midcap 150 TRI is the Benchmark of the scheme.Manish Gunwani, Dhrumil Shah and Tejas Sheth are the fund managers of the scheme
Nippon India Growth Fund
The Fund predominantly invests in mid cap companies that have the potential to compound and substantially increase their profitability over a period of time.
Nippon India Growth Fund
As on 29 June 2022 the NAV of the regular plan growth option is 1948All time high NAV was 2162.69 which was achieved on 17 Jan 2022
NAV Movement
Nippon India Growth Fund
This scheme has given almost 200 times return in the last 27 years which means a Compounded Annual Growth Rate of 21.59%
NAV Movement
Nippon India Growth Fund
Varun Beverages | 3.89%Cholamandalam Financial Holdings | 3.72%Max Financial Services | 3.13%AU Small Finance Bank | 2.82%The Federal Bank | 2.75%
Top 5 Stocks in the Portfolio
Nippon India Growth Fund
1 Year | 1.05.2982 Year | 1,86,2683 Year | 1,64,2175 Year | 1,82,40710 Year | 4,40,826Since Inception | 1,85,95,461
Growth of Rs. 1 lakh
*(Returns as on 1 July 2022)
Nippon India Growth Fund
As can be seen from the previous slideIf some one had invested Rs. 1 lakh at the inception of the scheme that investment has grown to a whopping Rs. 1.85 cr