Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option

• Alpha 5.62%
• Beta 0.96
• Sharpe Ratio1.12
• Std Deviation 15.38%
• Tracking Error 5.74%

The primary investment objective of the scheme is to achieve long-term growth of capital by investing in equity and equity related securities through a research based investment approach.

The Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option has an AUM of 42124.50 crores & has delivered CAGR of 23.02% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.54%. The minimum investment in Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option 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 BSE, Fortis Healthcare, Federal Bank & AU Small Finance Bank.

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

Some of the similar funds are HDFC Mid Cap Fund Growth, Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option, Motilal Oswal Midcap Regular Growth, Kotak Midcap Fund Growth, Axis Midcap Fund Growth. Nippon India Growth Mid Cap Fund Regular- Growth Plan - Growth Option has a sharpe ratio of 1.12 & a standard deviation of 15.38%.