Nippon India Growth Mid Cap Fund
NAV
₹5,051.98
as of 20 Aug 2026
Nippon India Growth Mid Cap Fund is an open-ended Mid Cap Fund scheme from Nippon India Mutual Fund managing ₹50,751 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹5,051.98 as of 20 Aug 2026. The expense ratio is 0.61% a year. Managed by Kinjal Desai. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.61% / yr
- as of 30 Jun 2026
- Fund size
- ₹50,751 crore
- as of 31 Jul 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 8 Oct 1995
- ISIN
- INF204K01E54
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 19 Aug 2026Benchmark: NIFTY Midcap 150 Index
Nippon India Growth Mid Cap Fund
₹254
+154% on ₹100 over 5.0 yrs
Mid Cap Fund average
₹229
+129% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 4.11% | 7.15% | -3.04 |
| 6 months | 6.15% | 9.69% | -3.54 |
| 1 year | 9.64% | 9.93% | -0.29 |
| 3 years (CAGR) | 21.38% | 19.61% | +1.77 |
| 5 years (CAGR) | 20.39% | 17.28% | +3.11 |
Category average across 29 funds, as of 20 Aug 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -2.6%
- Median
- 12.1%
- Best
- 61.7%
49 windows over the last 60 months, stepped monthly; 98% ended positive. Worst window began 1 Oct 2024. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 21.7%
- Median
- 25.9%
- Best
- 32.5%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 2 Mar 2022. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.83
- Sharpe ratio (5Y)
- 0.85
- Sortino ratio (3Y)
- 1.34 vs category 1.05
- Standard deviation (3Y)
- 17.82%
- Beta (3Y)
- 0.97
- Alpha (3Y)
- 2.78%
- Deepest fall (5Y)
- -19.27%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Deepest fall
-19.3%
Right now
-0.9% below peak
Ahead of its benchmark in 58% of months (window: 3y, monthly) — benchmark: NIFTY Midcap 150 Index, name shown only.
Where the money actually is
Equity
99.1%
Cash
0.9%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
106 positions · top 10 = 25.0%
Market-cap mix
Large 21.9%Mid 65.7%Small 11.2%Other 1.1%
as of 31 Jul 2026
Holdings by sector
Financial Services(6 in top 10)28.5%
- The Federal Bank Ltd2.90%
- AU Small Finance Bank Ltd2.74%
- BSE Ltd2.73%
- REC Ltd2.50%
- Multi Commodity Exchange of India Ltd2.28%
- ICICI Bank Ltd1.98%
Consumer Cyclical(2 in top 10)20.1%
- Eternal Ltd2.38%
- Bharat Forge Ltd2.36%
- Industrials14.5%
Healthcare(1 in top 10)11.3%
- Fortis Healthcare Ltd2.55%
- Technology5.8%
- Utilities4.8%
Communication Services(1 in top 10)4.2%
- Info Edge (India) Ltd2.61%
- Basic Materials4.0%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 13.7% vs category 54.0% a year.
The businesses it owns
- P/E (trailing)
- 25.7 vs category 32.0
- P/B
- 4.1 vs category 4.5
- Dividend yield
- 0.9% vs category 0.7%
- Net margin
- 18.0% vs category 16.4%
- Earnings growth
- 11.8%
- Avg market cap
- ₹77,264 crore
Money in, money out
- Net flow, 12 months
- +₹7,933 cr
- Net flow, 3 months
- +₹2,670 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Nippon India Growth Mid Cap Fund?
- ₹5,051.98 per unit as of 20 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Nippon India Growth Mid Cap Fund?
- 0.61% a year for the Direct plan, as of 30 Jun 2026.
- How large is Nippon India Growth Mid Cap Fund?
- ₹50,751 crore under management as of 31 Jul 2026, in the Mid Cap Fund category.
- How risky is Nippon India Growth Mid Cap Fund?
- Its SEBI Riskometer reading is "Very High Risk". Companies ranked 101 to 250. Bigger swings, historically bigger rewards.
- What are the 5-year returns of Nippon India Growth Mid Cap Fund?
- 20.39% a year over the last 5 years (Direct plan, CAGR), against a Mid Cap Fund average of 17.28%. Past returns do not predict future returns.
- What is the worst 3-year return of Nippon India Growth Mid Cap Fund?
- 21.7% a year — the weakest of 25 overlapping 3-year holding periods, beginning 2 Mar 2022. The median was 25.9% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Nippon India Growth Mid Cap Fund?
- Kinjal Desai, managing this fund for 7.5 years.
Where this fund sits
Its shelf, all funds
Mc · Mid cap →
Companies ranked 101 to 250. Bigger swings, historically bigger rewards.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Mid Cap Fund funds
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY Midcap 150 Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.