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EQUITY•MID CAP FUND

Nippon India Growth Mid Cap Fund Direct Plan IDCW Payout

3 Year return

27.23%
NAV on December 24, 2025
194.8933
1D Returns
+0.13%
Launched on January 2013(12 years)

Investment Details

₹100
Minimum SIP Amount
₹100
Minimum one time investment
Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

₹
Your Investment₹3,600
Gain
55.61%₹2,002
Total Value ₹5,602

Risk Involved

scale
Your principal will be at
Very High Risk

Scheme Information

Asset Under Management
₹42,041.6 Cr.
Expense Ratio
0.73% (inclusive of GST)
Exit Load
1% if redeemed or switched out on or before completion of 1 months from the date of allotment of units. Nil if redeemed or switched out after the completion of 1 Months from the date of allotment of units.

Ratings

ARQ Rating
4.5

Ratings by other agencies

Value Research
4
Crisil
4
Morning Star
4

Tax Implications

Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year

Nippon India Mutual Fund Manager

AS

Akshay Sharma

Fund Manager since Dec 2022

DD

Divya Dutt Sharma

Fund Manager since Sep 2025

KD

Kinjal Desai

Fund Manager since Aug 2025

LM

Lokesh Maru

Fund Manager since Sep 2025

RP

Rupesh Patel

Fund Manager since Jan 2023

Fund House Details

Nippon India Mutual Fund

Nippon India Mutual Fund

Asset management company

AUM
₹6,63,683.96 Cr.
No. of Schemes
332
Setup Date
June 1995

Peer Comparison

Comparison with other similar funds

Funds3 Y ReturnsARQ Rating
Motilal Oswal Midcap Fund27.3377%
4.5
Edelweiss Mid Cap Fund27.8565%
3
HDFC Mid Cap Fund27.1171%
4

Schemes by Nippon India Mutual Fund

List of mutual fund schemes by AMC

About the Nippon India Growth Fund Direct Plan IDCW Payout

The Nippon India Growth Fund Direct Plan IDCW Payout is a large-cap equity mutual fund managed by Nippon India Mutual Fund. It is a direct plan, which means that there are no brokerage fees involved when you invest in the fund. Large-cap funds are a type of mutual fund that invests in large-cap companies. These companies are typically well-established and have a track record of profitability.

Investment Objectives of the Scheme

The investment objective of the Nippon India Growth Fund Direct Plan IDCW Payout is to generate long-term capital appreciation for investors by investing in a diversified portfolio of large-cap companies. The fund will invest at least 80% of its assets in equity and equity-related instruments. The fund may also invest in other asset classes, such as debt securities and money market instruments, but these investments will be limited to 20% of the fund's assets.

Key Features of The Fund

5-year return
26.6248%
Expense Ratio
0.73%
Fund Manager
Akshay Sharma
Fund Size
₹42041.6 Cr.
Risk Profile
Very High

Is This Scheme Right for Me?

The Nippon India Growth Fund Direct Plan IDCW Payout can be a good option for investors who are looking for a moderate-risk investment with the potential for good returns. The fund can also be a good option for investors who are comfortable with the volatility of large-cap markets. However, the fund is not suitable for investors who need regular income or who are not comfortable with high risk.

AMC Contact Details

NameNippon India Mutual Fund
Launch DateJune 1995
AddressNippon Life India Asset Management Limited, 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai – 400 013
Contact1860 266 0111
Emailcustomercare@nipponindiaim.in
Websitehttps://mf.nipponindiaim.com/
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Nippon India Growth Mid Cap Fund Direct Plan IDCW Payout on December 24, 2025, is ₹194.8933
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Nippon India Growth Mid Cap Fund Direct Plan IDCW Payout, is ₹42041.6 crore.
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Nippon India Growth Mid Cap Fund Direct Plan IDCW Payout is 0.73%
The Nippon India Growth Mid Cap Fund Direct Plan IDCW Payout was launched on January 01, 2013. The fund has delivered a CAGR of undefined since inception.
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Nippon India Growth Mid Cap Fund Direct Plan IDCW Payout is ₹100.
  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.
  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.
  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.
  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.

ENTER AMOUNT

₹
₹5,602 in 3Y at 27.2342% returns
SIP Date1st of every month

Your next SIP Payment will be on 24 January 2026

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