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NIPPON INDIA GROWTH MID CAP FUND - INSTITUTIONAL Plan - IDCW Option
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 5/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 96/100 · Excellent
How this score is calculated
- Star rating (35%)5/5
- 3Y CAGR (30%)17.73%
- Expense ratio (20%)0.79%
- AUM (15%)₹52,271 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Nippon India Mutual Fund · Equity · Mid Cap
₹4,951.63
AUM: ₹52,270 Cr
NAV updated 17 days ago
Plan
Direct
Option
Growth
Risk
Very High
Expense Ratio
0.79%
Exit Load
Exit load of 1% if redeemed within 1 months
Fund Manager
Manish Gunwani
Inception
Jan 2013
Benchmark
NIFTY Midcap 150 Total Return Index
Sharpe Ratio
-0.15
Std Dev (1Y)
17.11%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-1.92%
3m
+4.65%
6m
+8.37%
1y
+8.44%
3y
+17.73%
5y
+18.31%
10y
+18.19%
since inception
+7.93%
TopFund's Take on NIPPON INDIA GROWTH MID CAP FUND - INSTITUTIONAL Plan - IDCW Option
NIPPON INDIA GROWTH MID CAP FUND - INSTITUTIONAL Plan - IDCW Option ranks among the stronger performers in the Mid Cap category, backed by a 5-star rating. Consistent 3-year performance combined with a strong rating makes this one of the more credible options in its space. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 96/100.
Cost: At 0.79%, the expense ratio is roughly in line with the Mid Cap category average of 0.77% — cost isn't a standout factor either way for this fund.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.15 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 17.11% is fairly typical for Mid Cap funds.
Who should invest: This fund is best suited to investors with a 5+ year horizon comfortable with meaningfully higher volatility than large cap funds. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about NIPPON INDIA GROWTH MID CAP FUND - INSTITUTIONAL Plan - IDCW Option
The current NAV (Net Asset Value) of NIPPON INDIA GROWTH MID CAP FUND - INSTITUTIONAL Plan - IDCW Option is ₹4951.63. NAV is updated every business day after market close by AMFI.
1Y: 8.44% · 3Y CAGR: 17.73% · 5Y CAGR: 18.31%
The expense ratio of NIPPON INDIA GROWTH MID CAP FUND - INSTITUTIONAL Plan - IDCW Option is 0.79% per annum. This is the annual fee charged by the fund to manage your investment.
NIPPON INDIA GROWTH MID CAP FUND - INSTITUTIONAL Plan - IDCW Option is managed by Manish Gunwani at Nippon India Mutual Fund.
NIPPON INDIA GROWTH MID CAP FUND - INSTITUTIONAL Plan - IDCW Option is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
Yes, NIPPON INDIA GROWTH MID CAP FUND - INSTITUTIONAL Plan - IDCW Option is an equity fund, making it suitable for SIP investments. Regular monthly SIPs help average out market volatility through rupee-cost averaging.
You can start a SIP in NIPPON INDIA GROWTH MID CAP FUND - INSTITUTIONAL Plan - IDCW Option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of NIPPON INDIA GROWTH MID CAP FUND - INSTITUTIONAL Plan - IDCW Option is ₹52,271 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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