Nippon India Growth Fund - Growth

• Alpha 5.62%
• Beta 0.96
• Sharpe Ratio1.21
• Std Deviation 14.65%
• Tracking Error 5.74%

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. However, there can be no assurance that the investment objective of the Scheme will be realized, as actual market movements may be at variance with anticipated trends.

The Nippon India Growth Fund - Growth has an AUM of 33922.40 crores & has delivered CAGR of 29.71% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.59%. The minimum investment in Nippon India Growth Fund - Growth is Rs 100 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Cholamandalam Financial Holdings, Triparty Repo, Power Finance Corp & Persistent Systems.

The major sectors where the fund is invested are Consumer Financial Services, Biotechnology & Drugs, Regional Banks & Auto & Truck Parts.

Some of the similar funds are HDFC Mid-Cap Opportunities Fund Growth, Nippon India Growth Fund - Growth, Kotak Emerging Equity Scheme Growth, SBI Magnum Midcap Fund Regular Growth, Axis Midcap Fund Growth. Nippon India Growth Fund - Growth has a sharpe ratio of 1.21 & a standard deviation of 14.65%.