Nippon India Growth Mid Cap Fund-Growth Plan-Growth Option: NAV & Returns

Nippon India Growth Mid Cap Fund-Growth Plan-Growth Option is a Mid-Cap mutual fund from Nippon India Mutual Fund, benchmarked against Nifty Midcap 150 TR INR, launched in October 1995. As on the latest data it manages around โ‚น45,820.33 crore with an expense ratio of 1.26%.

Latest NAV

โ‚น4384.4173

As on 29 May 2026

1Y Return

+8.4%

absolute

3Y Return

+23.8%

annualised (CAGR)

5Y Return

+21.3%

annualised (CAGR)

Fund house: Nippon India Mutual FundCategory: Mid-CapBenchmark: Nifty Midcap 150 TR INRAUM: โ‚น45,820.33 CrExpense ratio: 1.26%Launched: Oct 1995ISIN: INF204K01323

NAV History (since launch)

Trailing Returns

PeriodReturnBasis
1M+0.9%Absolute
3M+1.7%Absolute
6M+2.8%Absolute
1Y+8.4%Absolute
3Y+23.8%Annualised (CAGR)
5Y+21.3%Annualised (CAGR)
Since launch+15.6%Annualised (CAGR)

NAV data sourced from public AMFI feeds via mfapi.in and finapi.upvaly.com. Latest NAV as on 29 May 2026.

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

The NAV shown above is the per-unit price of Nippon India Growth Mid Cap Fund-Growth Plan-Growth Option, declared after market hours on each business day. It is already net of the fund's expense ratio, so the returns calculated from it reflect what an investor actually earned. Returns up to one year are shown as absolute figures, while three-year, five-year and since-launch returns are annualised (CAGR), which is the standard way longer-term performance is reported.

This page tracks the Regular plan. To judge the fund, look at its longer-term returns and how steadily the NAV has grown rather than any single year. You can back-test a SIP in this fund to see what a monthly investment would have grown to, or compare it with other Mid-Cap funds before deciding. Whether it suits you depends on your goal, time horizon and risk appetite, so speak to your mutual fund distributor before investing.

Frequently Asked Questions

NAV and returns are factual historical data for information only and are not a recommendation to buy, sell or hold this scheme. Past performance is not indicative of future results. Returns are before exit load and taxes. Mutual Fund investments are subject to market risks; read all scheme related documents carefully before investing. Consult your mutual fund distributor before investing.