Exploring the Nippon India Growth Fund 📈
Are you considering investing in the Nippon India Growth Fund? Here is an analysis of the key details you need to know about this fund to make an informed decision:
Basic Fund Information 📊
- Date of Launch: 8 October 1995
- Category: Equity
- Type: Mid Cap
- AUM: Rs.27,931 crore
- Benchmark: Nifty Midcap 150 Total Return Index
What it Costs 💸
- NAV (Growth Option): Rs.3,879.74
- Bonus: Rs.645.86
- IDCW: Rs.122.21
- Minimum Investment: Rs.100
- Minimum SIP Amount: Rs.100
- Expense Ratio (%): 1.62
- Exit Load: 1% for redemption within 30 days
Fund Manager 🤵
- Name: Rupesh Patel
- Duration: 1 year, 4 months
Recent Portfolio Changes 🔄
- New Entrants: Restaurant Brands Asia (April), APL Apollo Tubes (May)
- Complete Exits: Coforge (May)
Should You Buy? 🤔
The Nippon India Growth Fund shifted to a mid-cap mandate in 2018, focusing on identifying growth businesses with the potential to be market leaders early on. The fund maintains diversification and modest positions to control risks, with investments in large caps, small caps, and mid-caps. While the fund has shown a decrease in returns this year after a strong performance in the past three years, its recent positive trajectory must be sustained to be a top choice in this segment.
Hot Take on the Nippon India Growth Fund 🚀
Considering the past performance and current market trends, the Nippon India Growth Fund presents a promising investment opportunity. However, potential investors should closely monitor the fund’s trajectory to ensure consistent growth and returns in the future.
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