
Mid Cap Fund
Launch Date: 25 Sept 1995
Investment Period
5+ year investments
Moderate risk investors
Okay with some fluctuations but prefer steadier growth.
Review
Delivers strong overall results with good long-term performance and lower risk than peers.

Nippon India Growth Mid Cap Fund
Mid Cap Fund
Returns 📈
Typically 15-27% if held 5+ years
Risk ⚠️
Risk of less than FD returns -
Medium
Quality 🏆
Extra Returns for the Risk -
Good
Consistency of Performance -
Good
| Fund | Rolling 5Y Returns | Last 3Y Returns | Risk < FD Returns | Consistency Of Performance |
|---|---|---|---|---|
Nippon India Growth Mid Cap Fund | 20% | 24% | 13% | Good |
Edelweiss Mid Cap Fund | 21% | 24% | 14% | Good |
Kotak Midcap Fund | 20% | 20% | 12% | Good |
Nifty Midcap 150 Benchmark | 19% | 23% | 14% | — |
Mid Cap Fund Category Average | 18% | 21% | 15% | — |
Return
Long Term -
Good
Better or close to other funds / index
Recent
Good
Better or close to other funds / index
Overall
Strong
Does well in both long-term and recent performance
Risk
Risk of low returns
Good
Better or close to other funds in avoiding low returns
Extra Return for the Risk
Good
Delivers strong returns for the risk taken compared to peers
Consistency
Good
Consistently outperforms - rarely underperforms compared to peers
Overall
Strong
Strong overall performance across all metrics. Can also consider index fund as it's risk and return are very close to top performing funds, and low expense ratio.
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2022
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Index
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Feb '16
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Feb '25
Index
Fund
During big market falls, your fund tracks the market.
21 months
Fund
|
22 months
Index
Average time taken to recover after a major fall
Fastest recovery
2 mth|2 mth
Slowest recovery
61 mth|61 mth
AUM
₹6791 Cr
Expense Ratio
0.75%
Exit Load
1% if redeemed or switched out on or before completion of 1 month from the date of allotment of units. Nil, thereafter.
Minimum Amount
N/A
Fund Manager
Rupesh Patel FM 1
Fund House
Nippon Life India Asset Management Limited
Launch Date
25 Sept 1995
Age
30 years
Category
Mid Cap Fund
Benchmark
NIFTY MIDCAP 150 TRI
Nippon India Growth Mid Cap Fund is a Strong fund based on its returns, risk and consistency.
Historically:
•
Typical returns have been around 20%
•
Risk of earning less than FD returns has been Medium
•
Performance consistency has been Good
Compared with other funds in the Mid Cap Fund category, it has delivered better returns while taking less risk.
This fund may be suitable for investors with an investment horizon of at least 5+ years.
If you're looking for a Mid Cap Fund fund, Nippon India Growth Mid Cap Fund is one of the stronger options based on its long-term returns, risk management and consistency.
However, your investment horizon, risk tolerance and existing portfolio should also be considered before investing.
No equity mutual fund is completely safe.
Compared with similar funds, Nippon India Growth Mid Cap Fund has shown Good downside protection.
Historically, investors holding the fund for 3 years earned less than FD returns in approximately 13% of periods.
This suggests the fund carries less risk relative to its peers.
Yes.
Like all equity mutual funds, Nippon India Growth Mid Cap Fund can generate negative returns over shorter periods.
Historically, investors holding the fund for 5+ years experienced negative returns in approximately 0% of periods.
The probability generally decreases as the investment horizon increases.
Historically, investors holding Nippon India Growth Mid Cap Fund for 5+ years experienced:
•
Typical returns around 20% p.a.
•
Best represented by recent returns of 21% p.a.
•
Worst historical outcome of 1% p.a.
Actual future returns will differ, but historical rolling returns provide a realistic range of outcomes.
Nippon India Growth Mid Cap Fund has a Medium risk profile compared with similar funds.
Historically:
•
Probability of earning less than FD returns: 13%
•
Average fall during major market declines: 22%
•
Average recovery time: 21 months
During major market declines, Nippon India Growth Mid Cap Fund has historically fallen around 22% compared with 24% for its benchmark.
This means the fund has protected investors better than the benchmark during difficult periods.
Historically, Nippon India Growth Mid Cap Fund has taken around 21 months to recover from major market declines.
The benchmark recovered in approximately 21 months.
Faster recovery times generally indicate stronger resilience during market corrections.
Nippon India Growth Mid Cap Fund may be suitable for investors who:
•
Have an investment horizon of at least 5+ years
•
Are comfortable with Moderate risk
•
Want exposure to Mid Cap Fund funds
This fund may not be suitable for investors who:
•
Need money within 5+ years
•
Cannot tolerate market volatility
•
Prefer guaranteed returns
•
Are looking for a different investment style
Nippon India Growth Mid Cap Fund can be suitable for SIP investors with a horizon of at least 5+ years.
SIPs can help reduce the impact of short-term market volatility by investing across different market conditions.
Historically, investors holding Nippon India Growth Mid Cap Fund for 3 years earned less than FD returns in approximately 13% of periods.
This metric helps investors understand downside risk rather than focusing only on average returns.
Nippon India Growth Mid Cap Fund has shown Good consistency compared with other funds in its category.
Historically:
•
Top performer: 31%
•
Bottom performer: 3%
Risk-adjusted performance measures whether investors were adequately rewarded for the risks taken.
Historically, Nippon India Growth Mid Cap Fund delivered Good risk-adjusted returns compared with similar funds.
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