MF Gyan
mid capHigh risk14 years oldCooling recently (last 6m ≈ 11% p.a.)

Nippon India Growth Mid Cap Fund - Direct Plan - Bonus Option

Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings. From Nippon India Mutual Fund. It's been running since 3 Jan 2013.

Latest price per unit
₹831.2564
▼ 0.98% today
As of 1 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.11 L
▲ ₹11.1k gain · 11.1% / year
Invested 3 years ago
₹1.71 L
▲ ₹71.1k gain · 19.6% / year
Invested 5 years ago
₹2.41 L
▲ ₹1.41 L gain · 19.3% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.16 L
Gain / loss+₹36.3k
XIRR (annualised)12.99%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.21 L
Projected gain*+₹41.1k
*at this fund's historical rate of 12.99% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 50 other funds in Equity Scheme - Mid Cap Fund

Same plan
1-year return
11.09%median 8.40% (+2.68%)
Rank #15 of 51Beats 71% of peers
3-year return
19.61%median 16.40% (+3.21%)
Rank #10 of 51Beats 80% of peers
5-year return
19.25%median 14.35% (+4.90%)
Rank #4 of 51Beats 93% of peers
Bumpiness (3Y)
16.71%median 16.91% (-0.19%)
Rank #25 of 51Less risky than 52% of peers
Worst-ever drop
-35.32%median -36.43% (+1.11%)
Rank #29 of 51Less risky than 44% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 7 of last 7 years were positive.

+23%
2020
+46%
2021
+5%
2022
+49%
2023
+27%
2024
+4%
2025
+7%
2026
Best year
2023 · 48.58%
Worst year
2025 · 4.22%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
16.7%

The value swings roughly 17% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-35.32%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Nippon India Growth Mid Cap Fund - Direct Plan - Bonus Option against other mid cap funds.

Technical details (for the pros)
CAGR — 1 year11.09%
CAGR — 3 years19.61%
CAGR — 5 years19.25%
CAGR — since launch18.23%
Volatility — 1 year (annualised)15.44%
Volatility — 3 years (annualised)16.71%
Max drawdown — 1 year-12.63%
Max drawdown — 3 years-19.87%
Sharpe ratio — 1 year (rf=6%)0.31
Sharpe ratio — 3 years (rf=6%)0.74

Fund info

Fund house
Nippon India Mutual Fund
Category
Equity Scheme - Mid Cap Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF204K01E21
ISIN (Div re-invest)
—
Fund code
118665
First price on record
3 Jan 2013 · 3,362 daily prices

About Nippon India Growth Mid Cap Fund - Direct Plan - Bonus Option

Nippon India Growth Mid Cap Fund - Direct Plan - Bonus Option is a Equity Scheme - Mid Cap Fund offered by Nippon India Mutual Fund under the Direct plan with the Growth option. It has approximately 14 years of NAV track record. The fund falls in the mid cap category — Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings.

The current NAV of Nippon India Growth Mid Cap Fund - Direct Plan - Bonus Option is ₹831.2564 (as of 1 Sep 2026). Historically, it has delivered 11.08% over the last year, 19.61% CAGR over 3 years, 19.25% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 16.7% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 35.3%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Nippon India Growth Mid Cap Fund - Direct Plan - Bonus Option?+

The latest NAV of Nippon India Growth Mid Cap Fund - Direct Plan - Bonus Option is ₹831.2564 as of 1 Sep 2026, down 0.98% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Nippon India Growth Mid Cap Fund - Direct Plan - Bonus Option?+

Nippon India Growth Mid Cap Fund - Direct Plan - Bonus Option has delivered 1-year return 11.08%, 3-year CAGR 19.61%, 5-year CAGR 19.25%, since-inception CAGR 18.23%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Nippon India Growth Mid Cap Fund - Direct Plan - Bonus Option belong to?+

Nippon India Growth Mid Cap Fund - Direct Plan - Bonus Option is categorised as Equity Scheme - Mid Cap Fund. Invests in mid-sized companies (ranked 101-250). Faster growing than large cap, but with bigger price swings.

How risky is Nippon India Growth Mid Cap Fund - Direct Plan - Bonus Option?+

Based on its 3-year annualised volatility of 16.7%, Nippon India Growth Mid Cap Fund - Direct Plan - Bonus Option sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Nippon India Growth Mid Cap Fund - Direct Plan - Bonus Option a direct plan?+

Nippon India Growth Mid Cap Fund - Direct Plan - Bonus Option is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Nippon India Growth Mid Cap Fund - Direct Plan - Bonus Option?+

Nippon India Growth Mid Cap Fund - Direct Plan - Bonus Option has NAV history available from 3 Jan 2013 — approximately 14 years of track record and 3,362 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.