Nippon India Growth Fund: If your goal is long-term wealth creation, it is possible to build a multi-crore fortune even with a modest monthly savings. So, can a person accumulate Rs 5 crore with a monthly SIP of just Rs 2,000?
While this might sound unbelievable at first, it has indeed happened, and the equity fund that made this possible is the Nippon India Growth Mid Cap Fund, which has helped investors grow a substantial corpus with disciplined investment of just Rs 2,000 per month.
Over a span of over 30 years, by delivering a CAGR of 22.38 per cent, the Nippon India Growth Mid Cap Fund transformed modest savings into a fortune worth crores.
Nippon India Growth Mid Cap Fund: Grow Rs 5.45 crore with Rs 2000 monthly SIP investment
Had an investor started a monthly SIP of just Rs 2,000 right from the fund’s inception, their total investment value today would have exceeded Rs 5.45 crore. This is against a total actual investment of merely Rs 7,28,000.
For investors opting for a lump-sum investment, the fund has delivered returns exceeding 400 times the initial capital. With this stellar performance, the Nippon India Growth Mid Cap Fund has proven itself to be a true winner in the market.
Nippon India Growth Mid Cap Fund – SIP Winner
Nippon India Growth Mid Cap Fund’s SIP Returns
- Nippon India Growth Mid Cap Fund Inception Date: October 8, 1995
- SIP Returns Since Inception: 22.38% per annum
- Monthly SIP Amount: Rs 2,000
- Total SIP Investment Since Launch: Rs 7,28,000
- Total Value of SIP Investment: Rs 5,45,21,748
Nippon India Growth Mid Cap Fund’s Lump-Sum Performance
Nippon India Growth Mid Cap Fund was launched on October 8, 1995. Since its inception, the fund has delivered a return of 22.08 per cent annually on lump sum investments. This means that if an investor had invested a lump sum of Rs 1 lakh at the very beginning, that capital would have now grown to Rs 4,31,24,750.
In comparison, the benchmark Nifty 500 TRI delivered 16.17 per cent annualised return over the same period.
- Inception Date: October 8, 1995
- Returns since inception: 22.08% p.a.
- One-time Investment: Rs 1,00,000
- Current Value of Investment: Rs 4,31,24,750
(Source: Fund Fact Sheet)
Nippon India Growth Mid Cap Fund Details
- Fund Size (AUM): Rs 43,982.51 crore (December 28, 2025)
- Expense Ratio: 1.52% (November 30, 2025)
- Latest NAV: Rs 4004.8866 (March 25, 2026)
- NAV: Rs 361.11 (December 30, 2025)
- Standard Deviation: 15.33
- Sharpe Ratio: 1.32
- Portfolio Beta: 0.92
- Jensen’s Alpha: 0.32
Nippon India Growth Mid Cap Fund: Top 10 stock holdings
- BSE: 3.26 per cent
- Fortis Healthcare: 2.9 per cent
- The Federal Bank: 2.8 per cent
- Voltas: 2.45 per cent
- AU SFB: 2.40 per cent
- Bharat Forge: 2.37 per cent
- Ashok Leyland: 2.11 per cent
- Max Financial Services: 2.11 per cent
- Power Finance: 2.09 per cent
- Cholamandalam Finance: 1.98 per cent
Nippon India Growth Mid Cap Fund: Top 10 sector holdings
- Banks: 9.93 per cent
- Auto Components: 9.27 per cent
- Finance: 8.11 per cent
- Pharmaceuticals: 6.71 per cent
- Industrial Products: 5.87 per cent
- Consumer Durables: 5.49 per cent
- Capital Markets: 5.37 per cent
- Retailing: 5.28 per cent
- Power: 4.92 per cent
- Healthcare Services: 4.47 per cent
(Source: Fund Fact Sheet)
Nippon India Growth Mid Cap Fund Investment Strategy
Nippon India Growth Mid Cap Fund: For whom is this fund suitable?
As an equity fund primarily investing in mid-cap stocks, it inherently carries market-related risks. Furthermore, realising superior returns from investments in mid-cap stocks may require a significant waiting period. Therefore, this scheme is best suited for investors who have the capacity to undertake the high market-related risks associated with seeking high returns, and who are willing to hold their investments for a minimum period of 5 years or longer.
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. There is no assurance that the investment objective of the Scheme will be achieved.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
