Nippon India Growth Mid Cap Fund Celebrates 30 Years with Unprecedented 400x Growth and High CAGRs

Nippon India Growth Mid Cap Fund has completed an impressive 30-year journey since its launch on October 8, 1995. This milestone is marked by exceptional investor returns, making it the only mid-cap fund in India whose value has grown more than 400 times its initial investment. For investors who opted for a lump sum investment, the fund has delivered a compounded annual growth rate (CAGR) of 22.20%. Those who chose Systematic Investment Plans (SIPs) have seen even higher returns, with a CAGR of 22.53%. As of September 30, 2025, the fund's total Assets Under Management (AUM) stood at ₹39,328.98 crore. The expense ratio for the regular plan is 1.55%, while the direct plan is more cost-effective at 0.75%. The fund's investment strategy centers on identifying mid-cap companies with strong current fundamentals and significant future growth potential. Fund managers focus on selecting companies poised to become market leaders and invest at reasonable valuations to maximize long-term returns. The fund manager for this scheme is Rupesh Patel. This fund's consistent performance has earned it a 5-star rating on Value Research, reflecting strong investor trust and sustained high returns across various market cycles.

Impact This news highlights exceptional performance in the Indian mutual fund industry, particularly in the mid-cap segment. Such success stories can attract significant investor interest, potentially leading to increased inflows into mid-cap funds and boosting overall market confidence in equities. It reinforces the importance of long-term investing and disciplined fund management for wealth creation. Rating: 8/10.

Difficult Terms * CAGR (Compounded Annual Growth Rate): This is the average annual growth rate of an investment over a specified period longer than one year, assuming that profits were reinvested at the end of each year. It provides a smoother representation of growth than simple annual returns. * SIP (Systematic Investment Plan): A method of investing a fixed amount of money at regular intervals (e.g., monthly) into a mutual fund scheme. It helps in averaging the cost of investment over time. * Assets Under Management (AUM): The total market value of all assets managed by a mutual fund company or an investment manager. * Expense Ratio: The annual fee charged by a mutual fund to cover its operating costs, expressed as a percentage of the fund's average AUM. A lower expense ratio generally means more of the investor's money stays invested. * Mid-cap Fund: A type of mutual fund that invests predominantly in companies with medium market capitalization. These companies are typically larger than small-cap companies but smaller than large-cap companies. They often offer higher growth potential but also come with higher risk.