Free tools · Mid Cap funds · Nippon India Mutual Fund

Nippon India Growth Mid Cap Fund

A mid cap fund. Over 5 years it ranks 4 of 21 in its category, with a return of 16.0% a year in the direct plan.

SEBI Registered Investment Adviser · INA000020572 · Fee-only, zero commissions

Returns

Growth option. Annualised, to 09 Oct 2026.

1 year3 years5 years
Direct plan3.3%17.2%16.0%
Regular plan2.5%16.3%15.1%
Middle of mid cap funds3.1%15.9%13.5%
Aditya Birla Sun Life Nifty Midcap 150 Index Fund, tracking the Nifty Midcap 1500.0%13.6%13.3%

Nippon India Growth Mid Cap Fund Direct Growth NAV on 09 Oct 2026: ₹4,743.3703. Regular Growth NAV: ₹4,288.7784. A fund's NAV already has its costs taken out, so these are the returns an investor received, before tax.

Rank among mid cap funds, over 5 years 4 of 21

Nippon India Growth Mid Cap Fund returned 16.0% a year in its direct plan. The middle fund in its category returned 13.5%, and 3 funds did better.

Rank over 5 years4 of 21
Rank over 3 years9 of 28
Rank over 1 year15 of 30
Fund size₹50,176 crore
Expense ratio, direct plan0.80% a year
See all mid cap funds ranked

Direct plan against regular plan

Both plans hold the same portfolio. Over 5 years, the direct plan returned 16.0% a year and the regular plan 15.1%. The difference of 0.92% a year is mostly the commission the regular plan pays a distributor.

See what that costs over time

Against an index fund

An index fund holds the market at low cost, so it is the bar an actively managed fund has to clear. Over 5 years, Nippon India Growth Mid Cap Fund returned 16.0% a year against 13.3% for an index fund tracking the Nifty Midcap 150: 2.7% a year ahead.

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Top holdings of Nippon India Growth Mid Cap Fund

The ten largest of its 100 shares, as the fund last disclosed them. Together they are 25% of the fund.

CompanySectorPart of the fund
Multi Comm. Exc.Financial Services3.2%
AU Small FinanceBanks2.8%
Federal BankBanks2.6%
Info Edg.(India)E-Commerce/App based Aggregator2.5%
Fortis Health.Healthcare2.5%
EternalE-Commerce/App based Aggregator2.4%
BSEFinancial Services2.4%
REC LtdFinance2.1%
ICICI LombardInsurance2.1%
One 97E-Commerce/App based Aggregator2.0%

Largest sectors

Where the fund's equity money sits.

Banks10%
Finance10%
E-Commerce/App based Aggregator9%
Pharmaceuticals8%
Financial Services6%

Holdings change every month. If you hold more than one fund, the portfolio check shows how much of the same shares they hold.

Questions

What is the return of Nippon India Growth Mid Cap Fund?

As of 09 Oct 2026, the direct plan of Nippon India Growth Mid Cap Fund returned 3.3% over 1 year, 17.2% a year over 3 years, 16.0% a year over 5 years. The regular plan returned 15.1% a year over 5 years. Returns over more than a year are annualised.

What is the NAV of Nippon India Growth Mid Cap Fund Direct Growth?

Nippon India Growth Mid Cap Fund Direct Growth NAV on 09 Oct 2026: ₹4,743.3703. Regular Growth NAV: ₹4,288.7784. NAVs are published by AMFI at the end of each business day.

How does Nippon India Growth Mid Cap Fund rank among mid cap funds?

Measured by direct plans, it ranks 4 of 21 over 5 years, 9 of 28 over 3 years, 15 of 30 over 1 year. The middle fund in the category returned 13.5% a year over 5 years.

What is the difference between the direct and regular plan of Nippon India Growth Mid Cap Fund?

They hold the same portfolio, run by the same manager. The regular plan pays a commission to a distributor each year, so it returned 0.92% a year less over 5 years.

What is the expense ratio of Nippon India Growth Mid Cap Fund?

The direct plan of Nippon India Growth Mid Cap Fund charges 0.80% a year, and the fund manages about ₹50,176 crore. The regular plan charges more, to pay the distributor's commission. Expense ratios change, so check the fund's latest factsheet.

What are the top holdings of Nippon India Growth Mid Cap Fund?

As last disclosed, its largest holdings are Multi Comm. Exc. (3.2%), AU Small Finance (2.8%), Federal Bank (2.6%), Info Edg.(India) (2.5%), Fortis Health. (2.5%). The ten largest make up 25% of the fund, which holds 100 shares in all.

Is a higher-ranked fund a better choice than Nippon India Growth Mid Cap Fund?

Not necessarily. Rankings by past return change from year to year, and switching can mean an exit load and tax on your gains. What suits you depends on your goals and what else you hold, which is a question for an advisor.

This page is information, not a recommendation to buy, sell or hold any fund. Returns are annualised, for the growth option, from NAVs published by AMFI. A ranking by past return says nothing certain about the future, and the right fund for you depends on your goals and the rest of your portfolio.

Invsify Technologies Private Limited is a SEBI Registered Investment Adviser, Registration No. INA000020572. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. Past performance is not indicative of future results.