Investment type
Nippon India Growth Mid Cap Fund - Direct (G) is a mutual fund under the Midcap category, managed by Nippon India Mutual Fund. It was launched on 24 Feb 1995, and has been active for over 30 years. As of 30 Jun 2025 the fund manages assets worth ₹39,066 Crores. The expense ratio is 0.71%.
This fund generated returns of 4.64% in the last 1 year. Since its inception, it has provided an average annual return of 19.09%.
The fund's investments are mainly concentrated in sectors like Auto Components, Finance, Pharmaceuticals & Biotech, Banks and Retailing.
The top five holdings in this fund include prominent companies such as BSE, Chola Financial, Fortis Health., Persistent Sys and AU Small Finance.
The primary investment objective of the scheme is to achieve long term growth of capital by investment in equity and equity related securities through a research based investment approach.
Midcap funds carry moderate to high risk as they invest in mid-sized companies that may be volatile but offer growth potential.
Yes, if you want higher returns than large-cap funds and are comfortable with moderate risk.
At least three to five years is ideal to benefit from the growth of mid-sized companies.
Yes, but holding for several years can help you maximize returns.
Expense ratios can range from 1% to 2%, reflecting the cost of active management.
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