Nippon India Growth Mid Cap Fund Direct-Growth
Benchmark: NIFTY Midcap 150 TRI · Inception: 01/01/2013 · NAV: ₹4845.02 (22/05/2026)
AUM: ₹45820 Cr · Expense Ratio: 0.81% · Riskometer: Very High
4.8
★★★★½
Strong Buy
Analyst Insight
Nippon India Growth Mid Cap Fund carries an overall rating of 4.8/5 (Strong Buy), demonstrating strong performance within the Mid Cap category. Its alpha of 3.79 underperformss the category average of 6.54, suggesting room for improvement in active management. The Sharpe ratio of 1.06 sits below the category mean of 8.07, while volatility (std dev 18.29%) is higher than peers (15.88%), indicating relatively higher volatility. With a 5-year CAGR of 22.40% and expense ratio of 0.81%, this fund presents a compelling long-term case for risk-tolerant investors.
ETM Rating
5/5
Risk Rating
2/5
Return Rating
5/5
Overall Rating
4.8/5
Alpha vs Cat
3.79 / 6.54
Sharpe vs Cat
1.06 / 8.07
Beta vs Cat
0.98 / 0.93
Std Dev vs Cat
18.29 / 15.88
Return Track Record
| Period | CAGR |
|---|---|
| 1Y | 10.41% |
| 3Y | 25.80% |
| 5Y | 22.40% |
| 10Y | 20.06% |
| Since Launch | 18.36% |
Risk & Return Scores
Sharpe Score4/5
Sortino Score4/5
SD Score3/5
ETM Risk Score4/5
ETM Return Score5/5
Portfolio Allocation
Large Cap 20.4% Mid Cap 68.9% Small Cap 10.7% Debt 0.0%
Strengths
- ✅ Sharpe ratio 1.06 > 1.0 — good risk-adjusted returns
- ✅ Strong ETM Rating 5/5
Watch Points
- ⚠️ Alpha 3.79 below category avg 6.54
- ⚠️ Higher volatility 18.29% vs peers 15.88%