Nippon India Growth Mid Cap Fund is a Mid Cap fund run by Nippon India Mutual Fund. On 30-09-2026, it managed ₹50,176 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 8.5% a year and its Regular plan returned 6.2% a year. Its benchmark, Nifty Midcap 150 TRI, returned 13.8% a year over the same 3 years.
NAV (Direct plan)
₹178.86
▼ 0.93% · 30-10-2026
NAV (Regular plan)
₹112.08
▼ 0.93% · 30-10-2026
Expense ratio
0.80%Direct1.56%Regular
0.80%
A year
Riskometer
Very High
Set by the fund house
3 year return
8.5%Direct6.2%Regular
8.5%
A year
Nippon India Growth Mid Cap Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹178.86 (down 0.93% that day); Regular Plan Growth ₹112.08 (down 0.93% that day).
This fund (Direct plan)
₹178.8616
Nippon India Growth Mid Cap Fund Returns vs Nifty Midcap 150 TRI
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−3.37%
−7.25%
−2.86%
−8.89%
+8.47%
+9.29%
+8.19%
This fund (Regular)
−3.43%
−7.42%
−3.23%
−9.72%
+6.23%
+6.72%
+5.05%
Nifty Midcap 150 TRI
−3.69%
−8.46%
−3.95%
−4.37%
+13.82%
+13.84%
+15.65%
Mid Cap average
−3.36%
−6.03%
−0.14%
−2.17%
+14.75%
+12.95%
+14.07%
Best in Mid Cap
−0.88%
−2.09%
+6.81%
+9.56%
+21.77%
+17.38%
+18.35%
Worst in Mid Cap
−5.08%
−10.11%
−5.44%
−14.14%
+8.47%
+9.04%
+7.45%
Rank in Mid Cap
20/34
25/33
26/33
30/31
29/29
21/22
16/17
Category rows compare the Direct plans of 34 Mid Cap funds. Rank 1 is the highest return.
Nippon India Growth Mid Cap Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
Nifty Midcap 150 TRI
2026to date
−7.94%
−8.66%
−4.97%
2025
−3.20%
−4.48%
+5.98%
2024
+20.39%
+15.65%
+24.46%
2023
+43.11%
+38.98%
+44.61%
2022
+2.20%
−0.48%
+3.91%
2021
+40.41%
+36.65%
+48.16%
Nippon India Growth Mid Cap Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,666 periods, one for each trading day from 04-01-2016 to 30-10-2026.
−20%−10%0%10%20%30%40%
Nippon India Growth Mid Cap Fund (Direct)
Nifty Midcap 150 TRI
Nov 2013 to Nov 2016Sept 2015 to Sept 2018Jul 2017 to Jul 2020May 2019 to May 2022Mar 2021 to Mar 2024Dec 2022 to Dec 2025
Nippon India Growth Mid Cap Fund (Direct)Nifty Midcap 150 TRI
14%
5%
Below 0%
15%
7%
0-5%
15%
6%
5-10%
17%
10%
10-15%
21%
11%
15-20%
10%
29%
20-25%
9%
31%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
3,154
6.2%
−38.4%
86.8%
33%
13.0%
5%
2 years
2,912
11.5%
−24.2%
54.7%
22%
18.8%
0%
3 years
2,666
12.5%
−16.0%
32.6%
14%
22.1%
0%
5 years
2,173
8.5%
−9.5%
29.7%
12%
19.3%
0%
7 years
1,684
8.3%
−0.6%
16.1%
1%
19.6%
0%
10 years
941
10.1%
7.0%
12.9%
0%
18.0%
0%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Benchmark median
Beat benchmark
1 year
154
10.1%
−60.9%
88.2%
30%
14.1%
17%
2 years
142
9.4%
−40.2%
49.1%
28%
14.2%
2%
3 years
130
12.1%
−31.6%
34.5%
21%
21.7%
0%
5 years
106
12.2%
−19.5%
30.5%
16%
22.0%
0%
7 years
82
11.4%
−11.6%
22.8%
10%
23.2%
0%
10 years
46
12.8%
7.0%
16.7%
0%
--
--
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty Midcap 150 TRI over the same days. Past returns do not promise future returns.
Nippon India Growth Mid Cap Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Nippon India Growth Mid Cap Fund (Direct)This fund
Nifty Midcap 150 TRI
Return (CAGR)
−8.89%
−4.37%
Standard deviation
17.86%
16.59%
Sharpe ratio
-0.79
-0.58
Sortino ratio
-1.00
-0.78
Maximum drawdown
−19.0%
(31-03-2026)
−13.9%
(30-03-2026)
Beta
0.97
1.00
Alpha
−4.81%
0.00%
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Nippon India Growth Mid Cap Fund (Direct)This fund
Nifty Midcap 150 TRI
Return (CAGR)
+8.47%
+13.82%
Standard deviation
17.85%
17.08%
Sharpe ratio
0.14
0.46
Sortino ratio
0.18
0.61
Maximum drawdown
−24.7%
(17-03-2025)
−20.9%
(28-02-2025)
Beta
0.95
1.00
Alpha
−4.93%
0.00%
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Nippon India Growth Mid Cap Fund (Direct)This fund
Nifty Midcap 150 TRI
Return (CAGR)
+9.29%
+13.84%
Standard deviation
17.20%
16.72%
Sharpe ratio
0.20
0.48
Sortino ratio
0.26
0.64
Maximum drawdown
−24.7%
(17-03-2025)
−20.9%
(28-02-2025)
Beta
0.94
1.00
Alpha
−4.11%
0.00%
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Nippon India Growth Mid Cap Fund (Direct)This fund
Nifty Midcap 150 TRI
Return (CAGR)
+8.19%
+15.65%
Standard deviation
19.09%
17.54%
Sharpe ratio
0.15
0.58
Sortino ratio
0.18
0.77
Maximum drawdown
−53.5%
(03-04-2020)
−43.1%
(23-03-2020)
Beta
0.96
1.00
Alpha
−7.07%
0.00%
From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.
Measure
Nippon India Growth Mid Cap Fund (Direct)This fund
Nifty Midcap 150 TRI
Return (CAGR)
+8.87%
+17.35%
Standard deviation
18.74%
17.31%
Sharpe ratio
0.15
0.69
Sortino ratio
0.19
0.91
Maximum drawdown
−53.5%
(03-04-2020)
−43.1%
(23-03-2020)
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
−60%−50%−40%−30%−20%−10%0%
Nippon India Growth Mid Cap Fund (Direct)
Nifty Midcap 150 TRI
2014201620182020202220242026
Nippon India Growth Mid Cap Fund (Direct)Nifty Midcap 150 TRI
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Nippon India Growth Mid Cap Fund (Direct)
−53.5%
08-01-2018
03-04-2020
09-07-2021
15 months
−14.9%
Nifty Midcap 150 TRI
−43.1%
08-01-2018
23-03-2020
23-11-2020
8 months
−10.5%
From the Direct plan's daily NAV since 02-01-2013, adjusted for unit splits, and Nifty Midcap 150 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Nippon India Growth Mid Cap Fund vs Other Mid Cap Funds
The five Mid Cap funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
Nippon India Growth Mid Cap Fund Expense Ratio and Costs
What each plan charges a year, in force from 23-10-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Mid Cap median
Cost rank (1 = cheapest)
Direct
0.60%
0.03%
0.00%
0.17%
0.80%
0.95%
9/34
Regular
1.25%
0.03%
0.00%
0.28%
1.56%
2.02%
3/34
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Mid Cap funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−9.72%
−8.89%
0.83%
₹90,280
₹91,110
3 years
6.23%
8.47%
2.24% a year
₹1,19,879
₹1,27,623
5 years
6.72%
9.29%
2.57% a year
₹1,38,430
₹1,55,920
10 years
5.05%
8.19%
3.14% a year
₹1,63,667
₹2,19,721
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Nippon India Growth Mid Cap Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planNippon India Growth Mid Cap Fund (Direct)
₹16,60,000
₹34,10,779
₹17,50,779
9.8%
Regular planNippon India Growth Mid Cap Fund (Regular)
₹16,60,000
₹27,34,048
₹10,74,048
6.9%
Category averageCategory average, 34 Mid Cap funds
₹16,60,000
₹59,73,885
₹43,13,885
17.0%
₹0₹20.0 L₹40.0 L₹60.0 L₹80.0 L
Direct planNippon India Growth Mid Cap Fund (Direct)
Regular planNippon India Growth Mid Cap Fund (Regular)
Category averageCategory average, 34 Mid Cap funds
Amount invested
2014201620182020202220242026
Direct planNippon India Growth Mid Cap Fund (Direct)Regular planNippon India Growth Mid Cap Fund (Regular)Category averageCategory average, 34 Mid Cap fundsAmount invested
From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Nippon India Growth Mid Cap Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
99.0%Equity
Asset
Fund
Category
Equity
99.0%
95.4%
Cash and others
1.0%
4.0%
Market cap of stocks
Market cap
Fund
Category
Large Cap
21.5%
11.8%
Mid Cap
65.9%
66.9%
Small Cap
11.5%
15.1%
Not on AMFI's list
0.1%
1.7%
Share of the whole fund. Category: the average of the Mid Cap funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Nippon India Growth Mid Cap Fund Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks10.0%
Auto Components8.6%
Retailing8.4%
Finance8.0%
Pharmaceuticals & Biotechnology7.7%
Capital Markets7.3%
Electrical Equipment5.1%
Industrial Products5.1%
Consumer Durables4.2%
Power4.2%
The ten largest of 31 sectors. The other 21 add up to 30.5%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
10.3%
10.2%
10.0%
−0.3%
Auto Components
9.1%
8.9%
8.6%
−0.5%
Retailing
8.6%
8.6%
8.4%
−0.2%
Finance
8.2%
7.7%
8.0%
−0.2%
Pharmaceuticals & Biotechnology
7.3%
7.5%
7.7%
+0.4%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Nippon India Growth Mid Cap Fund Portfolio Holdings
As on 30-09-2026 · 101 holdings · from the fund house's monthly portfolio
Holdings
Sector
Weight%
Holdings trend
1M change
Multi Commodity Exchange of India Limited
Capital Markets
3.22%
+14.0%
AU Small Finance Bank Limited
Banks
2.84%
0.0%
The Federal Bank Limited
Banks
2.59%
0.0%
Info Edge (India) Limited
Retailing
2.55%
0.0%
Fortis Healthcare Limited
Healthcare Services
2.53%
+9.7%
Eternal Limited
Retailing
2.42%
0.0%
BSE Limited
Capital Markets
2.40%
0.0%
REC Limited
Finance
2.12%
0.0%
ICICI Lombard General Insurance Company Limited
Insurance
2.06%
+8.9%
One 97 Communications Limited
Financial Technology (Fintech)
2.04%
0.0%
GE Vernova T&D India Limited
Electrical Equipment
2.01%
+2.4%
Bharat Forge Limited
Auto Components
1.96%
0.0%
Mankind Pharma Limited
Pharmaceuticals & Biotechnology
1.95%
0.0%
Varun Beverages Limited
Beverages
1.94%
0.0%
Persistent Systems Limited
IT - Software
1.73%
0.0%
Samvardhana Motherson International Limited
Auto Components
1.69%
0.0%
Gland Pharma Limited
Pharmaceuticals & Biotechnology
1.62%
0.0%
Cholamandalam Financial Holdings Limited
Finance
1.49%
0.0%
Voltas Limited
Consumer Durables
1.47%
0.0%
Max Healthcare Institute Limited
Healthcare Services
1.46%
+8.2%
NTPC Green Energy Limited
Power
1.45%
0.0%
Bharat Heavy Electricals Limited
Electrical Equipment
1.41%
0.0%
Indus Towers Limited
Telecom - Services
1.34%
0.0%
Max Financial Services Limited
Insurance
1.34%
0.0%
The Indian Hotels Company Limited
Leisure Services
1.27%
+12.5%
Alkem Laboratories Limited
Pharmaceuticals & Biotechnology
1.27%
0.0%
APL Apollo Tubes Limited
Industrial Products
1.27%
0.0%
Tube Investments of India Limited
Auto Components
1.26%
0.0%
Shree Cement Limited
Cement & Cement Products
1.20%
0.0%
Power Finance Corporation Limited
Finance
1.20%
+65.4%
IPCA Laboratories Limited
Pharmaceuticals & Biotechnology
1.19%
0.0%
ICICI Bank Limited
Banks
1.17%
−11.2%
Ashok Leyland Limited
Agricultural, Commercial & Construction Vehicles
1.14%
0.0%
Cummins India Limited
Industrial Products
1.14%
0.0%
Prestige Estates Projects Limited
Realty
1.10%
0.0%
Dixon Technologies (India) Limited
Consumer Durables
1.10%
0.0%
FSN E-Commerce Ventures Limited
Retailing
1.07%
0.0%
Indian Bank
Banks
1.05%
0.0%
Jubilant Foodworks Limited
Leisure Services
1.02%
0.0%
Supreme Industries Limited
Industrial Products
0.96%
+14.6%
ZF Commercial Vehicle Control Systems India Limited
Auto Components
0.95%
0.0%
Radico Khaitan Limited
Beverages
0.95%
0.0%
NLC India Limited
Power
0.93%
0.0%
NTPC Limited
Power
0.90%
0.0%
Lupin Limited
Pharmaceuticals & Biotechnology
0.89%
0.0%
CG Power and Industrial Solutions Limited
Electrical Equipment
0.87%
0.0%
HDB Financial Services Limited
Finance
0.87%
0.0%
Torrent Power Limited
Power
0.87%
0.0%
Sundaram Finance Limited
Finance
0.84%
0.0%
Trent Limited
Retailing
0.84%
0.0%
Balkrishna Industries Limited
Auto Components
0.82%
0.0%
Swiggy Limited
Retailing
0.80%
+6.7%
Angel One Limited
Capital Markets
0.79%
0.0%
Carborundum Universal Limited
Industrial Products
0.77%
0.0%
Bharat Electronics Limited
Aerospace & Defense
0.77%
0.0%
RBL Bank Limited
Banks
0.72%
0.0%
HDFC Bank Limited
Banks
0.71%
+100.0%
Vishal Mega Mart Limited
Retailing
0.70%
0.0%
Schaeffler India Limited
Auto Components
0.70%
0.0%
Page Industries Limited
Textiles & Apparels
0.70%
0.0%
Endurance Technologies Limited
Auto Components
0.69%
0.0%
Mahindra & Mahindra Financial Services Limited
Finance
0.68%
0.0%
LG Electronics India Ltd
Consumer Durables
0.60%
0.0%
Dalmia Bharat Limited
Cement & Cement Products
0.58%
0.0%
United Breweries Limited
Beverages
0.57%
0.0%
Astral Limited
Industrial Products
0.55%
0.0%
Blue Star Limited
Consumer Durables
0.55%
0.0%
Union Bank of India
Banks
0.55%
0.0%
ITC Hotels Limited
Leisure Services
0.54%
0.0%
MTAR Technologies Limited
Electrical Equipment
0.54%
0.0%
Prudent Corporate Advisory Services Limited
Capital Markets
0.53%
0.0%
Gujarat Fluorochemicals Limited
Chemicals & Petrochemicals
0.53%
0.0%
Hindustan Aeronautics Limited
Aerospace & Defense
0.51%
0.0%
Piramal Finance Limited
Finance
0.50%
0.0%
Mphasis Limited
IT - Software
0.50%
0.0%
Hindustan Petroleum Corporation Limited
Petroleum Products
0.49%
−24.7%
Sundram Fasteners Limited
Auto Components
0.48%
0.0%
Container Corporation of India Limited
Transport Services
0.47%
0.0%
Colgate Palmolive (India) Limited
Personal Products
0.46%
0.0%
Devyani International Limited
Leisure Services
0.46%
0.0%
Coromandel International Limited
Fertilizers & Agrochemicals
0.42%
0.0%
Timken India Limited
Industrial Products
0.40%
0.0%
Bank of India
Banks
0.38%
0.0%
3M India Limited
Diversified
0.38%
0.0%
Gujarat Energy Ltd
Gas
0.37%
0.0%
HDFC Asset Management Company Limited
Capital Markets
0.36%
0.0%
NMDC Limited
Minerals & Mining
0.34%
0.0%
Sanofi Consumer Healthcare India Limited
Pharmaceuticals & Biotechnology
0.33%
0.0%
GlaxoSmithKline Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.31%
0.0%
Bajaj Housing Finance Limited
Finance
0.31%
+89.2%
JK Cement Limited
Cement & Cement Products
0.31%
0.0%
Apar Industries Limited
Electrical Equipment
0.30%
0.0%
Restaurant Brands Asia Limited
Leisure Services
0.28%
0.0%
InterGlobe Aviation Limited
Transport Services
0.27%
0.0%
Crompton Greaves Consumer Electricals Limited
Consumer Durables
0.25%
0.0%
Bata India Limited
Consumer Durables
0.23%
0.0%
Deepak Nitrite Limited
Chemicals & Petrochemicals
0.20%
0.0%
Tata Communications Limited
Telecom - Services
0.19%
0.0%
Sanofi India Limited
Pharmaceuticals & Biotechnology
0.11%
0.0%
GSPL Transmission Limited
Gas
0.07%
0.0%
Globsyn Technologies Limited
IT - Services
0.00%
0.0%
Nippon India Growth Mid Cap Fund Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
Multi Commodity Exchange of India Limited
↑Added
+14.0%
3.22%
Fortis Healthcare Limited
↑Added
+9.7%
2.53%
ICICI Lombard General Insurance Company Limited
↑Added
+8.9%
2.06%
GE Vernova T&D India Limited
↑Added
+2.4%
2.01%
Max Healthcare Institute Limited
↑Added
+8.2%
1.46%
ICICI Bank Limited
↓Reduced
−11.2%
1.17%
The Indian Hotels Company Limited
↑Added
+12.5%
1.27%
Power Finance Corporation Limited
↑Added
+65.4%
1.20%
Supreme Industries Limited
↑Added
+14.6%
0.96%
Swiggy Limited
↑Added
+6.7%
0.80%
HDFC Bank Limited
↑Added
+100.0%
0.71%
Hindustan Petroleum Corporation Limited
↓Reduced
−24.7%
0.49%
Bajaj Housing Finance Limited
↑Added
+89.2%
0.31%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Nippon India Growth Mid Cap Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.80%
Expense ratio (Regular)
1.56%
Category
Mid Cap
Risk
Very High
Benchmark
Nifty Midcap 150 TRI
Launch date
08-10-1995
Minimum investment
₹100
Minimum additional investment
₹100
AUM
₹50,176.01 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
118666
ISIN (Direct)
INF204K01E39
Scheme code (Regular)
100375
ISIN (Regular)
INF204K01299
NAV history
From 02-01-2013, 13.8 years
Exit load
1% if redeemed or switched out on or before completion of 1 month from the date of allotment of units.Nil, thereafter.
Tax on Nippon India Growth Mid Cap Fund returns
Nippon India Growth Mid Cap Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
IDCW
₹178.8616
30-10-2026
direct
Bonus
₹766.0912
30-10-2026
direct
Growth
₹4,611.2203
30-10-2026
regular
IDCW
₹112.0762
30-10-2026
regular
Institutional IDCW
₹1,273.3592
30-10-2026
regular
Bonus
₹693.7638
30-10-2026
regular
Growth
₹4,167.4748
30-10-2026
About Nippon India Growth Mid Cap Fund
Nippon India Growth Mid Cap Fund is a mutual fund from Nippon India Mutual Fund. Its category is Mid Cap. It was launched on 08-10-1995. Its benchmark is Nifty Midcap 150 TRI. At the end of September 2026 it held 101 securities.
Fund Manager
Rupesh Patel FM 1
Fund manager of Nippon India Growth Mid Cap Fund, since 01-01-2023
Frequently Asked Questions for Nippon India Growth Mid Cap Fund
What is the current NAV of Nippon India Growth Mid Cap Fund?
The Direct plan NAV is ₹178.8616. The Regular plan NAV is ₹112.0762, as on 30-10-2026.
What are the returns of Nippon India Growth Mid Cap Fund?
The Direct plan returned −8.89% in 1 year, +8.47% a year over 3 years, +9.29% a year over 5 years. The Regular plan returned −9.72% in 1 year, +6.23% a year over 3 years, +6.72% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Nippon India Growth Mid Cap Fund?
The Direct plan charges 0.80% a year. The Regular plan charges 1.56% a year. This is the figure the fund house reported to AMFI, in force from 23-10-2026.
What is the AUM of Nippon India Growth Mid Cap Fund?
Nippon India Growth Mid Cap Fund managed ₹50,176.01 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Nippon India Growth Mid Cap Fund?
At the end of September 2026 the largest holdings were MCX (3.22%), AUBANK (2.84%), FEDERALBNK (2.59%), NAUKRI (2.55%), FORTIS (2.53%). The fund held 101 securities in all.
What did Nippon India Growth Mid Cap Fund buy and sell in September 2026?
It added shares in 11. It reduced 2.
How do I invest in Nippon India Growth Mid Cap Fund?
Through Nippon India Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.
Who is the fund manager of Nippon India Growth Mid Cap Fund?
Rupesh Patel FM 1 (since 01-01-2023).
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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