Nippon India Growth Mid Cap Fund turns Rs 1 lakh lumpsum investment to Rs 4 crore in 30 years

Nippon India Growth Mid Cap Fund, a flagship fund by Nippon India Mutual Fund, turned a Rs 1 lakh investment into Rs 4 crore since its inception 30 years ago, delivering a stellar compounded annual growth rate (CAGR) of 22.33% since its launch in October 1995.

According to the fund house, this performance highlights the fund’s successful growth-oriented strategy over three decades and demonstrates the profound impact of disciplined, long-haul investing.

Also Read | MF Tracker: Can this international fund which gave 13% return last month sustain momentum?

A monthly SIP of Rs 1,000 since inception would have grown to Rs 2.25 crore, achieving an XIRR of 23%. More recently, Rs 10,000 monthly SIP over the past decade, with a total outflow of Rs 12 lakh, would have matured to Rs 36.9 lakh, delivering an annualised return of 21.39%.

The scheme’s Net Asset Value (NAV) has surged 180 times, from Rs 10 at launch to Rs 2,001.69 as of September 2025, according to a release by the fund house.

Live Events

With an Assets Under Management (AUM) of approximately Rs 38,400 crore, Nippon India Growth Mid Cap Fund stands among the largest and oldest mid-cap equity funds in India. The fund follows a growth-oriented investment philosophy, focusing on companies with above-average earnings potential and strong fundamentals, offering investors both diversification and the opportunity for capital appreciation.Also Read | Radhika Gupta on how a 50:50 gold-silver mix worked for the industry’s first FoFIn the last three years, the fund has delivered a CAGR of 25.45%, followed by 30.62% in the last five years. In the last 10 years and 20 years, the fund has offered a CAGR of 17.90% and 17.76%, respectively.

Staying true to its mandate, the fund maintains a predominant allocation to mid-cap stocks. Its portfolio is well-diversified across sectors to mitigate risk while focusing on capital appreciation, the release said.

The financial sector constitutes the largest allocation (25% exposure), accounting for nearly a quarter of the corpus. This is complemented by significant investments in the consumer discretionary and industrial sectors, each making up about 17% of the portfolio. The fund further diversifies into healthcare, technology, energy, and materials. The fund maintains a diversified mid-cap portfolio with a focus on long-term growth opportunities.

Add as a Reliable and Trusted News Source



_{Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.}