ReviewDirect · GrowthPrefer peers first
Nippon India Growth Mid Cap Fund
Nippon India Mutual FundEquity Scheme - Mid Cap Fund13.8 years
- NAV
- 178.8616
- 30 Oct 2026
- 1Y
- -8.9%
- Trailing CAGR
- AUM
- ₹110.33 Cr
- 30 Jun 2026
- Volatility
- High
- 19.0% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
In three lines
Watch if · Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Watch if · Three-year return sits below the 25th percentile of comparable share classes.
Prefer peers if · Prefer Baroda BNP Paribas Mid Cap Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
Pass
0.79% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Watch
Peak-to-trough -53.5%. Ask whether you can hold through a similar fall.
Vs category
Fail
2% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
n/a
Holdings weights not on file for this scheme yet.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 54%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-8.9%
- 3Y+8.5%
- 5Y+9.3%
- 10Y+8.2%
- SI+8.9%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-9.2%
- 3Y-1.2%
- 5Y+7.7%
- 10Y+10.9%
- Since inception
- +8.9%
- Calendar-day CAGR
- Excess 1Y
- -6.9%
- Category median, same plan and option
- 3Y win rate
- +2%
- Windows beating the median
- 3Y percentile
- 0
- Vs comparable share classes
- SIP 3Y XIRR
- -1.2%
- Simulated monthly SIP
- Worst rolling 3Y
- -16.0%
- 2654 daily-ending windows
- Median rolling 3Y
- +12.5%
- Calendar-day CAGR
- Positive rolling 5Y
- +88%
- 2161 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -53.5%
- Worst peak-to-trough
- Current
- -14.9%
- Below last peak
- Current spell
- 766 days
- Days below latest peak
- Time below peak
- +93%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 30 days
- 68 recovered episodes
- Longest recovery
- 490 days
- Trough to prior peak
8 Jan 2018 – 9 Jul 2021
Trough 3 Apr 2020 · recovered in 462 days
-53.5%
3 Mar 2015 – 19 Jul 2017
Trough 16 Mar 2016 · recovered in 490 days
-27.4%
24 Sept 2024 – open
Trough 17 Mar 2025 · not recovered
-24.7%
15 Jan 2013 – 13 May 2014
Trough 21 Aug 2013 · recovered in 265 days
-23.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
0
Vs category
7
Consistency
5
Risk-adjusted
37
Drawdown
0
Mean
10
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Review
Buying stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
Why this status
- Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
- Three-year return sits below the 25th percentile of comparable share classes.
- Maximum drawdown exceeded 35%.
Supporting reads
No supporting reads in the current evidence set.
No holdings or recent changes on file for this scheme yet.
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Baroda BNP Paribas Mid Cap Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- +0.8%
- 3Y
- +15.3%
- Vol
- 14.5%
- Max DD
- -18.6%
- Sharpe
- 0.70
- 3Y win
- +97%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Edelweiss Mid Cap Fund
Edelweiss Mutual Fund
- 1Y
- -2.0%
- 3Y
- +19.0%
- Vol
- 17.1%
- Max DD
- -39.2%
- Sharpe
- 0.78
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
HDFC Mid Cap Fund
HDFC Mutual Fund
- 1Y
- -3.0%
- 3Y
- +15.6%
- Vol
- 15.6%
- Max DD
- -39.5%
- Sharpe
- 0.86
- 3Y win
- +76%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
PGIM India Midcap Fund
PGIM India Mutual Fund
- 1Y
- -5.0%
- 3Y
- +10.9%
- Vol
- 16.6%
- Max DD
- -36.4%
- Sharpe
- 0.68
- 3Y win
- +38%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Aditya Birla Sun Life Midcap Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- -2.5%
- 3Y
- +13.3%
- Vol
- 16.2%
- Max DD
- -45.1%
- Sharpe
- 0.63
- 3Y win
- +24%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER