Nippon India Growth Mid Cap Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Mid Cap Fund

Fund House : Nippon India Mutual Fund

Scheme Objective

The objective of the Scheme is to achieve long-term growth of capital through research based investment approach.

Scheme Details

Fund manager(s) – Kinjal Desai , Lokesh Maru , Rupesh Patel , Divya Dutt Sharma
Launch date – 02-Jan-2013
Expense ratio – 0.71% as declared on 31-Aug-2025 (category average is 0.76%)
Benchmark - Nifty Midcap 150 TRI

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Nippon India Growth Mid Cap Fund - Direct Plan - Growth charges 1.0% of sell value; if fund sold before 30 days. There are no other charges.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

38385.96

0.00

0.00%

Aug - 2025	38385.96	0.00%
Jul - 2025	38581.28	0.00%
Jun - 2025	39065.55	0.00%
May - 2025	36836.07	0.00%
Apr - 2025	34690.03	0.00%
Mar - 2025	33174.74	0.00%
Feb - 2025	30276.31	0.00%
Jan - 2025	33033.09	0.00%

2024

35277.81

0.00

0.00%

Dec - 2024	35277.81	0.00	0.00%
Nov - 2024	34583.63	0.00	0.00%
Oct - 2024	33922.40	0.00	0.00%
Sep - 2024	35208.97	0.00	0.00%
Aug - 2024	33706.68	0.00	0.00%
Jul - 2024	32970.78	0.00	0.00%
Jun - 2024	30838.94	0.00	0.00%
May - 2024	27931.43	328343.99	8.51%
Apr - 2024	26821.89	316423.94	8.48%
Mar - 2024	24796.00	297292.13	8.34%
Feb - 2024	24480.78	295758.18	8.28%
Jan - 2024	24365.53	290297.33	8.39%

2023

23494.65

281345.43

8.35%

Dec - 2023	23494.65	281345.43	8.35%
Nov - 2023	21380.48	264218.94	8.09%
Oct - 2023	19081.97	241237.72	7.91%
Sep - 2023	19247.23	245486.91	7.84%
Aug - 2023	18343.36	239421.46	7.66%
Jul - 2023	17349.69	229866.21	7.55%
Jun - 2023	16353.16	218109.35	7.50%
May - 2023	15165.02	204483.29	7.42%
Apr - 2023	14143.01	192569.02	7.34%
Mar - 2023	13420.40	183403.31	7.32%
Feb - 2023	13409.61	183028.61	7.33%
Jan - 2023	13492.04	182996.48	7.37%

2022

13596.51

184722.99

7.36%

Dec - 2022	13596.51	184722.99	7.36%
Nov - 2022	13860.86	186268.86	7.44%
Oct - 2022	13510.02	181746.73	7.43%
Sep - 2022	13240.75	177758.59	7.45%
Aug - 2022	13225.33	176946.61	7.47%
Jul - 2022	12449.52	167332.87	7.44%
Jun - 2022	11267.89	149724.92	7.53%
May - 2022	11628.70	154759.05	7.51%
Apr - 2022	12178.26	161161.00	7.56%
Mar - 2022	12015.01	158751.76	7.57%
Feb - 2022	11530.60	151140.28	7.63%
Jan - 2022	12045.05	157477.52	7.65%

2021

11906.10

156715.88

7.60%

Dec - 2021	11906.10	156715.88	7.60%
Nov - 2021	11573.24	151037.17	7.66%
Oct - 2021	11919.02	152756.83	7.80%
Sep - 2021	11839.23	151197.63	7.83%
Aug - 2021	11321.55	146144.10	7.75%
Jul - 2021	11107.41	142315.58	7.80%
Jun - 2021	10261.73	134445.27	7.63%
May - 2021	9746.07	126852.97	7.68%
Apr - 2021	9123.18	118451.57	7.70%
Mar - 2021	9030.90	115981.72	7.79%
Feb - 2021	8990.00	113097.17	7.95%
Jan - 2021	8153.70	102505.34	7.95%

2020

8187.72

103851.21

7.88%

Dec - 2020	8187.72	103851.21	7.88%
Nov - 2020	7842.95	100365.38	7.81%
Oct - 2020	7004.74	90101.70	7.77%
Sep - 2020	7039.72	90145.54	7.81%
Aug - 2020	7018.02	88541.98	7.93%
Jul - 2020	6508.65	83084.02	7.83%
Jun - 2020	6111.02	79752.38	7.66%
May - 2020	5591.81	73125.31	7.65%
Apr - 2020	5701.26	74265.11	7.68%
Mar - 2020	5059.60	65597.44	7.71%
Feb - 2020	7153.80	88741.48	8.06%
Jan - 2020	7269.27	90874.76	8.00%

Tax Rate

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not included. If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 20%. Any cess/surcharge is not included in the 20%.

Contact Details

Nippon Life India Asset Management Limited

Registered Office: 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai 400 013
Tel no.: 022-6808 7000/1860 266 0111
Fax no.: 022-6808 7097
Website.: mf.nipponindiaim.com

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hunch
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31 days ago

JMFLEXICAPfund regular is howing worst performance. bought at 107.693 in jly 24 and now 97.43 how to shuffle and compensate loss View more

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46 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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10 hrs ago

Strengthen Your Portfolio with a High-Return NBFC Bond Investment SBI CARDS AND PAYMENT SERVICES LIMITED – 2029 Bond ✔️ Coupon: 9.55% p.a. ✔️ Rating: CRISIL AAA Stable, ICRA AAA Stable ✔️ Tenor: 3y 4m (Maturity: 29/Jan/2029) ✔️ NBFC Bond | High Return | Listed A secure opportunity from a top-rated NBFC to enhance your returns with confidence. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dXhXbllRPT0=/955-sbi-cards-and-payment-services-limited-2029?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Strengthen Your Portfolio with a High-Return NBFC Bond Investment SBI CARDS AND PAYMENT SERVICES LIMITED – 2029 Bond ✔️ Coupon: 9.55% p.a. ✔️ Rating: CRISIL AAA Stable, ICRA AAA Stable ✔️ Tenor: 3y 4m (Maturity: 29/Jan/2029) ✔️ NBFC Bond | High Return | Listed A secure opportunity from a top-rated NBFC to enhance your returns with confidence. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dXhXbllRPT0=/955-sbi-cards-and-payment-services-limited-2029?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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sunny85deol
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96 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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97 days ago

Hi Sunny, what is he period of holding and also any particular reson for withdrawl out of these two funds that have grown over a period of time View more | 1

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103 days ago

Why are the NAVs of Indian Debt Mutual Funds going down after the rate cut View more

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