If someone had invested a lump sum of just Rs 1 lakh in Nippon India Growth Mid Cap Fund 30 years ago, his wealth would now be around Rs 4 crore. This fund is one of the oldest and trusted funds in the Indian mid-cap segment, which has given huge returns to investors in the long term.
30 years of great growth
At the beginning of the fund, its NAV was only Rs 10, which increased to Rs 2,001.69 by September 2025. Its AUM has now exceeded Rs 38,400 crore. This fund invests in those companies which can see tremendous growth in future. 30 consecutive years of good performance makes it special, and its strategy is based on reducing risk by spreading investments across sectors.
Strong returns on SIP and lump sum
If someone had invested Rs 1,000 in SIP every month since its inception, the value of his total investment of Rs 3.6 lakh would now be around Rs 2.25 crore – i.e. XIRR returns of up to 23%. The sum of Rs 12 lakh invested by investors who invested Rs 10,000 per month in the last 10 years has now become Rs 36.9 lakh, and the annual return was 21.39%. The fund has given an average annual return of 25.45% in three years and 30.62% in five years.
Risk Diversification and Portfolio Strength
This fund distributes investors’ money among different sectors so that if there is a loss in one place, the total investment is not affected. Currently, its largest allocation is in the financial sector (banking, insurance, financial services), which is about 25% of the total AUM. Apart from this, there is also about 17-17% investment in consumer discretionary and industrial sectors. The fund also has balanced investments in sectors like healthcare, technology, energy and materials, thereby keeping the portfolio strong and balanced in the long term.