Should I invest in NIPPON INDIA GROWTH MID CAP FUND?

We don't give personal investment advice. NIPPON INDIA GROWTH MID CAP FUND - DIRECT Plan - IDCW Option is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 24.7%. 5-year CAGR: 13.11%.

Nippon India

NIPPON INDIA GROWTH MID CAP FUND - DIRECT Plan - IDCW Option

Latest NAV

₹191.8428

As of

17 Jul 2026

3,331 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.44%	-0.23%	-0.21	25 / 34	Q3
1W	-1.07%	-0.54%	-0.54	28 / 34	Q4
2W	-0.19%	+0.58%	-0.77	27 / 34	Q4
1M	+0.55%	+1.91%	-1.35	29 / 34	Q4
3M	+3.56%	+6.18%	-2.62	31 / 34	Q4
6M	-0.75%	+7.27%	-8.01	33 / 33	Q4
YTD	-1.87%	+5.24%	-7.11	33 / 33	Q4
1Y	-0.34%	+6.21%	-6.55	31 / 33	Q4
2Y	-1.15%	+4.78%	-5.93	29 / 31	Q4
3Y	+13.86%	+19.66%	-5.80	28 / 31	Q4
4Y	+16.05%	+20.58%	-4.53	25 / 27	Q4
5Y	+13.11%	+17.15%	-4.04	21 / 24	Q4
7Y	+14.89%	+21.56%	-6.67	22 / 22	Q4
10Y	+10.15%	+16.77%	-6.61	19 / 19	Q4
Inception	+9.62%	+19.25%	-9.62	33 / 34	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-1.87%	+5.24%	-7.11	33 / 33
2025	-3.41%	+2.51%	-5.92	29 / 31
2024	+19.86%	+29.88%	-10.02	29 / 31
2023	+42.61%	+38.88%	+3.73	8 / 30
2022	+2.20%	+4.09%	-1.88	15 / 24
2021	+38.90%	+45.26%	-6.36	19 / 23
2020	+4.39%	+24.48%	-20.09	22 / 22
2019	-1.10%	+4.55%	-5.65	19 / 21
2018	-19.77%	-10.32%	-9.45	20 / 20
2017	+32.23%	+41.26%	-9.03	18 / 20
2016	-4.57%	+4.21%	-8.77	19 / 19

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+14.21%

153 windows

min -33.6% · max 76.6%

67% positive

3-Year rolling

+11.23%

129 windows

min -14.7% · max 32.3%

85% positive

5-Year rolling

+10.01%

105 windows

min -8.0% · max 29.4%

89% positive

7-Year rolling

+8.80%

80 windows

min -0.2% · max 15.4%

99% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

19.87%

3-year · annualised

Sharpe ratio

0.43

vs risk-free 6.5%

Sortino ratio

0.61

Downside-only deviation

Max drawdown

-24.72%

Sep 2024 → Mar 2025

% positive months

66.7%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Mid Cap Fund

Scheme	Fund house	NAV	As of
HDFC Mid Cap Fund - Growth Option - Direct Plan	HDFC	₹229.2790	17 Jul 2026
Nippon India Growth Mid Cap Fund - Direct Plan Growth Plan - Bonus Option	Nippon India	₹821.6944	17 Jul 2026
SBI MIDCAP FUND - DIRECT PLAN - GROWTH	SBI	₹274.8819	17 Jul 2026
ICICI Prudential MidCap Fund - Direct Plan - Growth	ICICI Prudential	₹379.8000	17 Jul 2026
Invesco India Midcap Fund - Direct Plan - Growth Option	Invesco	₹240.7600	17 Jul 2026
BANDHAN MIDCAP FUND - GROWTH - DIRECT PLAN	Bandhan	₹19.7200	17 Jul 2026
quant Mid Cap Fund - Growth Option - Direct Plan	Quant	₹254.1999	17 Jul 2026
Aditya Birla Sun Life Midcap Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹943.0600	17 Jul 2026
Motilal Oswal Midcap Fund-Direct Plan-Growth Option	Motilal Oswal	₹114.4178	17 Jul 2026
Franklin India Mid Cap Fund - Direct - Growth	Franklin India	₹3,195.9391	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹191.8428
16 Jul 2026	₹192.6918
15 Jul 2026	₹193.7981
14 Jul 2026	₹192.7123
13 Jul 2026	₹193.6779
10 Jul 2026	₹193.9274
9 Jul 2026	₹191.6069
8 Jul 2026	₹189.5539
7 Jul 2026	₹192.4262
6 Jul 2026	₹192.6559

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of NIPPON INDIA GROWTH MID CAP FUND - DIRECT Plan - IDCW Option is ₹191.8428. It's a Mid Cap Fund from Nippon India, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

NIPPON INDIA GROWTH MID CAP FUND - DIRECT Plan - IDCW Option has NAV history starting from 02 Jan 2013, a track record of about 13 years 6 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

NIPPON INDIA GROWTH MID CAP FUND - DIRECT Plan - IDCW Option is managed by Nippon India. It's classified by AMFI under the 'Mid Cap Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, NIPPON INDIA GROWTH MID CAP FUND - DIRECT Plan - IDCW Option has delivered a absolute return of -0.34% — -6.55 pp behind the Mid Cap Fund category average of 6.21%. The fund ranks #31 of 33 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, NIPPON INDIA GROWTH MID CAP FUND - DIRECT Plan - IDCW Option has delivered a CAGR of 13.86% — -5.8 pp behind the Mid Cap Fund category average of 19.66%. The fund ranks #28 of 31 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, NIPPON INDIA GROWTH MID CAP FUND - DIRECT Plan - IDCW Option has delivered a CAGR of 13.11% — -4.04 pp behind the Mid Cap Fund category average of 17.15%. The fund ranks #21 of 24 in its category — the bottom (Q4) quartile.

₹1 lakh invested in NIPPON INDIA GROWTH MID CAP FUND - DIRECT Plan - IDCW Option exactly 10 years ago would be worth approximately ₹262,964 today — a multiplier of 2.63×, based on the 10-year CAGR of 10.15%. The category average over the same window would have grown ₹1 lakh to ₹471,159.

A ₹10,000 monthly SIP in NIPPON INDIA GROWTH MID CAP FUND - DIRECT Plan - IDCW Option over the last 5 years — total invested ₹600,000 — would be worth ₹801,971 today. That's an XIRR (money-weighted annualised return) of 11.55%.

A ₹10,000 monthly SIP for 10 years in NIPPON INDIA GROWTH MID CAP FUND - DIRECT Plan - IDCW Option = ₹1,200,000 invested. It would currently be worth ₹2,304,194 (multiplier 1.92×). XIRR: 12.52%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, NIPPON INDIA GROWTH MID CAP FUND - DIRECT Plan - IDCW Option ranks #21 out of 24 funds in the Mid Cap Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 17.15%; this fund delivered 13.11%.

The worst peak-to-trough decline NIPPON INDIA GROWTH MID CAP FUND - DIRECT Plan - IDCW Option has experienced over the last 5-year window is 24.72% — its NAV fell from a high on 24 Sep 2024 to a low on 17 Mar 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, NIPPON INDIA GROWTH MID CAP FUND - DIRECT Plan - IDCW Option averaged 10.01% (best 29.41%, worst -8.02%). 89% of rolling windows ended positive. The 5-year Sharpe ratio is 0.40 — weak risk-adjusted performance.

In calendar year 2025, NIPPON INDIA GROWTH MID CAP FUND - DIRECT Plan - IDCW Option returned -3.41% — lagging the Mid Cap Fund category average of 2.51% by 5.92 pp. It ranked #29 of 31 in its category that year.

NIPPON INDIA GROWTH MID CAP FUND - DIRECT Plan - IDCW Option is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. NIPPON INDIA GROWTH MID CAP FUND - DIRECT Plan - IDCW Option is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 24.7%. 5-year CAGR: 13.11%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.