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

Nippon India Growth Mid Cap Fund-Growth Plan-Growth Option is a scheme launched by Nippon Mutual Fund on October 08, 1995, and falls under the Mid Cap fund category. It currently manages an AUM of Rs 38,581.28 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 100. It charges an expense ratio of 1.59% for managing the portfolio.

• Investing Strategy:

  The objective of the Scheme is to achieve long-term growth of capital through research based investment approach.

• Performance:

  Nippon India Growth Mid Cap Fund-Growth Plan-Growth Option trailing returns over different times are 1.21% (1 year), 23.56% (3 year) and 29.41% (5 year). The average annual return of this fund stands at 1.98%.