Nippon India Growth Mid Cap Fund

Q: What are the returns of this mutual fund scheme?

The Nippon India Growth Mid Cap Fund is a 30 yrs 1 m old fund and has delivered average annual returns of 22.28% since inception. Nippon India Growth Mid Cap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.4% 25.44% 29.58% 18.02% 22.28%

Previously called: Nippon India Growth-G

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹4246.8502+0.55% 1 day change	22.28% p.a.	App exclusive #NA View Ranked Funds	₹39,329 Cr

Historical NAV & returns

NAV: ₹4246.8502 as on Oct 20, 2025

This fund Category average

Nippon India Growth Mid Cap Fund overview

AUM (Fund size)	₹39,329 Cr
Exit load	1.0% Exit load of 1% if redeemed within 1 months!
Lock-in Period	Nil
Age	30 yrs 1 m since Sep 25, 1995
Benchmark	NIFTY Midcap 150 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.55% as on Sep 30, 2025
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Nippon India Growth Mid Cap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

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. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	2.67%	2.04%
3 Months	2.69%	2.26%
6 Months	11.74%	12.21%
1 Year	6.4%	5.14%
2 Years	25.73%	23.63%
3 Years	25.44%	21.6%
4 Years	19.96%	16.78%
5 Years	29.58%	25.91%
7 Years	23.31%	20.46%
10 Years	18.02%	16.17%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 21.21%

Mid Cap 65.96%

Small Cap 9.74%

Other Cap 0%

Top holdings

Fortis Healthcare Ltd.3.34%

BSE Ltd.2.65%

Cholamandalam Financial Holdings Ltd.2.56%

Voltas Ltd.2.21%

Top sectors

Financial 19.72%

Services 15.150000000000002%

Healthcare 11.5%

Capital Goods 10.419999999999998%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 0.02%

Allocation by Instruments

Repo 3.23%

Margin Money 0.02%

Other Holdings

Others 3.23%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Nippon India Growth Mid Cap Fund	2.67%	11.74%	6.4%	25.44%	29.58%	18.02%
HDFC Mid Cap Fund	3.27%	13.12%	9.09%	26.21%	29.92%	18.04%
Motilal Oswal Midcap Fund	1.96%	11.58%	-0.11%	26.13%	33.38%	17.6%
Kotak Midcap Fund	1.15%	15.81%	7.05%	22.41%	27.34%	17.97%
Edelweiss Mid Cap Fund	2.47%	11.89%	6.72%	24.93%	29.34%	18.06%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Nippon India Growth Mid Cap Fund	15.44	0.96	1.08	1.57
HDFC Mid Cap Fund	13.79	0.86	1.25	1.77
Motilal Oswal Midcap Fund	17.6	0.92	0.96	1.21
Kotak Midcap Fund	15.02	0.89	0.96	1.19
Edelweiss Mid Cap Fund	15.52	0.94	1.05	1.38

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Nippon India Growth Mid Cap Fund	N.A.	39,329 Cr	30 yrs 1 m	1.55%
HDFC Mid Cap Fund	N.A.	84,855 Cr	18 yrs 5 m	1.37%
Motilal Oswal Midcap Fund	N.A.	34,749 Cr	11 yrs 8 m	1.54%
Kotak Midcap Fund	N.A.	58,300 Cr	18 yrs 8 m	1.39%
Edelweiss Mid Cap Fund	N.A.	11,731 Cr	17 yrs 11 m	1.67%

View all Mid Cap funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.95 vs. 4.93 Underperformed at beating benchmark
Sharpe	1.08 vs. 5.94 Poor risk-adjusted returns
Beta	0.96 vs. 0.9 More sensitive to market's ups & downs
Standard deviation	15.44 vs. 13.4 More volatile performance

Compare Nippon India Growth Mid Cap Fund in detail with

About this fund

About Nippon India Growth Mid Cap Fund

Nippon India Growth Mid Cap Fund is a Mid Cap mutual fund scheme from Nippon India Mutual Fund. This fund has been in existence for 30 yrs 1 m, having been launched on 25/09/1995. Nippon India Growth Mid Cap Fund has ₹39,329 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Nippon India Growth Mid Cap Fund as of 20/10/2025 is ₹4246.85. The fund has an expense ratio of 1.55%, which is higher than what most other Mid Cap funds charge.

Nippon India Growth Mid Cap Fund returns of last 1-year are 1.37%. Since launch, it has delivered 22.30% average annual returns. The fund has doubled the money invested in it every 3 yrs.
Nippon India Growth Mid Cap Fund scheme's ability to deliver returns consistently is higher than most funds of its category. Its ability to control losses in a falling market is high.
The fund has the majority of its money invested in Financial, Services, Healthcare, Capital Goods, Automobile sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in Fortis Healthcare Ltd., BSE Ltd., Cholamandalam Financial Holdings Ltd., Voltas Ltd., AU Small Finance Bank Ltd..

...

Fund AUM	39,329 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Rupesh Patel

Mr. Rupesh is a B.E.(Civil) and MBA (Finance) 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 objective

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.

Nippon India Mutual Fund details

No. of schemes	71 view all schemes
Total AUM	6,63,684 Cr as on Sep 30, 2025
Address	4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai, 400013

More funds from Nippon India Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Nippon India Small Cap Fund	N.A.	66,136 Cr	0.27%	32.7%
Nippon India Power & Infra Fund	N.A.	7,325 Cr	2.92%	32.06%
Nippon India Multi Cap Fund	N.A.	47,294 Cr	5.84%	30.37%
Nippon India Nifty Smallcap 250 Index Fund	N.A.	2,563 Cr	0.61%	26.71%
Nippon India Value Fund	N.A.	8,791 Cr	5.43%	26.07%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Nippon India Growth Mid Cap Fund?

The current Net Asset Value (NAV) of the Nippon India Growth Mid Cap Fund plan is approximately ₹4246.8502 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Nippon India Growth Mid Cap Fund is a 30 yrs 1 m old fund and has delivered average annual returns of 22.28% since inception.

Nippon India Growth Mid Cap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.4%	25.44%	29.58%	18.02%	22.28%

How much does this mutual fund charge as expense ratio?

The Nippon India Growth Mid Cap Fund has an expense ratio of 1.55%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Nippon India Growth Mid Cap Fund currently has assets under management (AUM) or fund size valued at approximately 39,329 Cr as on Sep 30, 2025.

What are the top stock holdings of Nippon India Growth Mid Cap Fund?

The Nippon India Growth Mid Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Fortis Healthcare Ltd.	3.34%
BSE Ltd.	2.65%
Cholamandalam Financial Holdings Ltd.	2.56%
Voltas Ltd.	2.21%
AU Small Finance Bank Ltd.	2.14%
Max Financial Services Ltd.	2.04%
Persistent Systems Ltd.	2.02%
The Federal Bank Ltd.	2.01%
Power Finance Corporation Ltd.	2.0%
Ashok Leyland Ltd.	1.88%

What are the top sectors Nippon India Growth Mid Cap Fund has invested in?

The Nippon India Growth Mid Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	19.72%
Services	15.150000000000002%
Healthcare	11.5%
Capital Goods	10.419999999999998%
Automobile	10.219999999999999%
Energy	6.63%
Consumer Discretionary	4.02%
Materials	3.5%
Consumer Staples	3.48%
Technology	2.76%

What is risk level of Nippon India Growth Mid Cap Fund?

This is a Mid Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Nippon India Growth Mid Cap Fund?

Redeeming your investments in the Nippon India Growth Mid Cap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Mid Cap

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Return Outperformance: This fund has generated highest return amongst Mid Cap funds in the last 10 Years.
Chance: This fund has generated a 13.66% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1% if redeemed within 1 months