Nippon India Growth Fund - Growth Option has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 60.08 | 30.26 | 25.71 | 18.1 |
Average Rolling Returns(%) | 22.43 | 18.70 | 15.20 | 14.63 |
The Current NAV of Nippon India Growth Fund - Growth Option is ₹3579.64.
You should look for a fund with better more consistent performance track record. Funds returns likely to be fairly different than its benchmark Nifty Midcap 150 , as Funds portfolio is somewhat different.
Nippon India Growth Fund - Growth Option fund’s expense ratio is 1.63%
The process for redemption is
The AUM of Nippon India Growth Fund - Growth Option is currently ₹26,822 Crores.
The Top three stocks are Power Finance Corp, Cholamandalam Fin. and Voltas and account for 8% of its portfolio. Top 5 and 10 stocks of fund account for 13% and 23% of fund’s portfolio respectively.
Top three sectors of Nippon India Growth Fund - Growth Option fund are BFSI, Auto and Healthcare accounting for 47% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - Mid Cap Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Nippon India Growth Fund - Growth Option Fund is Equity - Mid Cap Fund.
Rupesh Patel and Sanjay Doshi manage the Nippon India Growth Fund - Growth Option Fund.
Nippon India Growth Fund - Growth Option current PE ratio is 50.83 and PB ratio is 8.60
The asset allocation of Nippon India Growth Fund - Growth Option is Stocks : 99.38%, Debt : 0.61% and Gold : 0%
The minimum SIP amount for Nippon India Growth Fund - Growth Option is ₹100.00 and minimum lumpsum is ₹100.00
The exit load for Nippon India Growth Fund - Growth Option is 1% on or before 1 months, Nil after 1 months