mid-cap fund
If someone says that an investment of just Rs 2,000 every month can turn into Rs 5 crore in the future, then it will sound like a joke. But Nippon India Growth Mid Cap Fund has made this seemingly impossible task possible. On the basis of regular investment and compounding over a long period of time, this fund has given huge benefits to small investors.
Miracle of compounding, Rs 7 lakh became Rs 5 crore
This fund has given CAGR returns of more than 22.5% in the last 30 years. If an investor had done a SIP of Rs 2,000 every month since the launch of the fund in 1995, the total investment would have been only Rs 7,20,000. But today the value of this investment has exceeded Rs 5.37 crore. This shows that even small SIPs can create big wealth with the right fund and disciplined long-term investing.
Returns and Portfolio
- Launch: 8 October 1995
- AUM: Rs 41,268 crore
- NAV: Rs 4,216.35 (3 December 2025)
- Expense Ratio (Regular): 1.54%
- Expense Ratio (Direct): 0.74%
- 30 Year SIP Returns: 22.63% CAGR
There is no lock-in, but 1% exit load is applicable for withdrawals within 1 month.
Fund’s top holdings
- Fortis Healthcare
- BSE
- Cholamandalam Financial Holdings
- AU Small Finance Bank
- Persistent Systems
At the same time, the main sector exposure of the fund is in auto components, banking, finance, pharma and consumer durables.
Who should invest?
This is a mid-cap fund. Mid-cap companies are risky, but they also have the potential to grow rapidly. Therefore this fund is right for those investors. Those who can keep investments for a long time (at least 5 years or more) and who want to earn higher returns by taking risks.
something worth learning
This example shows that it is beneficial to start investing early. Regular SIP gives amazing results in the long run. Compounding and time are the real game changers. Overall, Nippon India Growth Mid Cap Fund proves to small investors that even small amounts can turn into crores if invested in the right fund over a long period of time.
Disclaimer: This article is for information only and should not be considered as investment advice in any way. TV9 Bharatvarsha advises its readers and viewers to consult their financial advisors before taking any money related decisions.