Investment Objective
Nippon India Growth Fund aims to provide long term capital appreciation to its investors by investing in equity and equity related securities of companies, through a research based investment approach.
Investment Strategies
- Nippon India Growth Mid Cap Fund invests primarily in mid cap companies, which have the potential to compound, scale profitability and have a consistent track record.
- The fund focuses on spotting high-growth opportunities in mid-cap, large small caps and small large caps.
- The fund follows a bottom-up approach without any style bias.
- The stock selection for the fund is done on the basis of the gap between fair value and market price.
- The fund managers focus on identifying potential market leaders at an early stage with the aim to generate alpha over the long term.
- The fund follows the Growth at Reasonable Price (GARP) approach to identify growth stocks at reasonable valuations.
Who Should Invest
- Investors seeking long term capital appreciation through investing in mid cap companies.
- Those who want to invest in high growth companies across sectors/segments of the economy.
- Investors who have a higher risk appetite and can tolerate the higher volatility associated with mid cap companies.
Frequently Asked Questions
What is the risk level of Nippon India Growth Fund?
As per the fund factsheet published by the fund house, Nippon India Growth Fund is considered to carry ‘Very High Risk’ for its investors.
Is there any lock-in period in Nippon India Growth Fund?
Nippon India Growth Fund has no lock-in period for its investors. Thus, the investors of this fund are free to redeem their investments on any date as per their requirements.
What type of mutual fund is the Nippon India Growth Fund?
Nippon India Growth Fund is an open-ended equity mutual fund scheme belonging to the mid cap fund category.
Is the Nippon India Growth Fund open-ended or close-ended?
Nippon India Growth Fund is an open-ended equity mutual fund scheme.
What is the benchmark index for this Nippon India Growth Fund?
NIFTY Midcap 150 TRI is the benchmark index of Nippon India Growth Fund. BSE Sensex TRI is the additional benchmark index of this fund.