This fund is recommended for investment within mid cap mutual funds.
Mid Cap funds provide inflation beating growth over the long term and are suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
The primary investment objective of the Scheme is to achieve long-term growth of capital by investment in equity and equity related securities through a research based investment approach. However,there can be no assurance that the investment objective of the Scheme will be realized,as actual market movements may be at variance with anticipated trends.
Low
Moderately Low
Moderate
Moderately High
High
Moderately High risk
1.95%
Expense Ratio
8th Oct, 1995
Launched (24y ago)
₹
7,018
AUM in Crores
INF204K01323
ISIN
No Lock-in
Lock-in
S&P BSE Midcap TR INR
Benchmark
₹
1000
SIP Minimum
₹
5000
Lumpsum Min.
Fund Managers
Dhrumil Shah
Fund Manager
Kinjal Desai
Fund Manager
Manish Gunwani
Fund Manager
Tejas Sheth
Fund Manager
Returns Calculator Comparison
of
for
Instrument
Returns
Total Corpus
Gains
Annualised %
Mutual Fund
11.25%
EPF
Property
PPF
Bank FD
Gold
Savings Bank
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments
are subject to market risk, read all scheme related documents carefully before investing. Past performance is
not an indicator of future returns.
Nippon Life India Asset Management Ltd manages assets worth ₹ 175,847 crores. It's current offering of mutual fund schemes includes 87 equity, 369 debt and 31 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment
asset class such as large cap, diversified, liquid etc. When you invest
for an objective, the algorithm suggests the appropriate asset class and
funds.
Top Ranked
Scripbox algorithm recommends 2-4 funds for investment for an investment
asset class such as large cap, diversified, liquid etc. When you invest
for an objective, the algorithm suggests the appropriate asset class and
funds.
Not Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment
asset class such as large cap, diversified, liquid etc. When you invest
for an objective, the algorithm suggests the appropriate asset class and
funds.
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are
preferred
Category View
We check if the sub-category of the fund is recommended by us
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Equity Funds
Debt Funds
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Scripbox has helped over 2500 people become millionaires in the last 7
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You'll never have to worry about what funds to choose. We'll suggest
what's best for you.
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We will track our recommendations and suggest changes fund exists
whenever required.
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We review your investments and make course corrections every year to
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About Nippon India Growth Fund (Growth)
About Nippon India Growth Fund (Growth)
Nippon India Growth Fund (Growth) is a Mid Cap Equity fund and has delivered an annualised return of 21.11% over a period of 24 years.
The fund was previously known as Reliance Growth Gr.
The fund is managed by Nippon Life India Asset Management Ltd.
The fund managers are Dhrumil Shah, Kinjal Desai, Manish Gunwani, Tejas Sheth.
Nippon India Growth Fund (Growth) Investment Objective
The primary investment objective of the Scheme is to achieve long-term growth of capital by investment in equity and equity related securities through a research based investment approach. However,there can be no assurance that the investment objective of the Scheme will be realized,as actual market movements may be at variance with anticipated trends.
However, there is no assurance that the objective of the scheme will be realized.
Currently, the fund is recommended by Scripbox.
Nippon India Growth Fund (Growth) NAV, AUM and Risk
The fund was launched on 1995-10-08. The NAV of the fund as of 2020-09-18 is ₹ 1190.04. The total AUM of the fund as of 2020-09-18 is ₹ 7,018 Cr. The category risk of the fund is Moderately High risk
The fund charges 1.95 % as expense ratio.
Nippon India Growth Fund (Growth) Holdings
The fund’s highest allocation is towards equity and has invested 93.48% in this asset class.
The top three holdings of the fund are varun beverages ltd, cholamandalam financial holdings ltd and triparty repo.
Nippon India Growth Fund (Growth) SIP
The minimum SIP(Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
Nippon India Growth Fund (Growth) Investment volatility and Horizon
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to S&P BSE Midcap TR INR.
