Nippon India Growth Mid Cap Fund Direct-Growth
Benchmark: NIFTY Midcap 150 TRI · Inception: 01/01/2013 · NAV: ₹4725.80 (01/10/2026)
AUM: ₹52271 Cr · Expense Ratio: 0.80% · Riskometer: Very High
The fund's Alpha of 3.12 is higher than the Category Alpha of 1.77, and its Sortino ratio of 0.88 is robust relative to the Sharpe performance. However, it faces higher volatility with a Standard Deviation of 18.23 compared to the Category average of 15.57.
The fund delivers an Alpha of 3.12, which is significantly higher than the Category Alpha of 1.77. Its Sharpe ratio of 0.64 also outperforms the Category Sharpe of 0.488, indicating superior risk-adjusted returns.
The fund's Standard Deviation of 18.23 is higher than the Category Standard Deviation of 15.57, indicating more volatility than peers. Additionally, its Beta of 0.97 is higher than the Category Beta of 0.81, suggesting greater sensitivity to market movements.
The fund exhibits a higher Beta (0.97 vs 0.81) and higher Standard Deviation (18.23 vs 15.57) than its category average, indicating a more volatile investment profile. This suits aggressive investors who can tolerate higher fluctuations for the potential of outperforming returns.
The fund successfully generates superior alpha and risk-adjusted returns (Sharpe 0.64 vs 0.488) while taking on more volatility than its peers. It is a strong performer for investors seeking high growth in the mid-cap space who can manage increased price fluctuations.
Nippon India Growth Mid Cap Fund carries an overall rating of 4.2/5 (Strong Buy), demonstrating strong performance within the Mid Cap category. Its alpha of 3.12 outperformss the category average of 1.77, reflecting superior stock selection. The Sharpe ratio of 0.64 sits above the category mean of 0.49, while volatility (std dev 18.23%) is higher than peers (15.57%), indicating relatively higher volatility. With a 5-year CAGR of 16.46% and expense ratio of 0.80%, this fund presents a compelling long-term case for risk-tolerant investors.
| Period | CAGR |
|---|---|
| 1Y | 4.01% |
| 3Y | 16.53% |
| 5Y | 16.46% |
| 10Y | 17.47% |
| Since Launch | 17.62% |
- ✅ Alpha 3.12 exceeds category avg 1.77 — superior active management
- ✅ Strong Rating 4/5
- ⚠️ Higher volatility 18.23% vs peers 15.57%