Nippon India Growth Mid Cap Fund is most suited for Investors with a high risk profile and is intended for consideration in a portfolio designed to achieve very long-term financial goals such as retirement, child education, etc. Whether the fund is good or bad depends on the investor’s ability to stay long in even sustained falling markets.

Nippon India Mid Cap offers a direct plan to all its investors. If you are a DIY investor or use the services of a fee-only advisor like NS Wealth, the direct plan is definitely the better option because it offers sustainable cost savings, which are reflected in your returns.

Like any other equity scheme, the Nippon India Mid Cap fund is also affected by the regular risk associated with equity market investing, which is called systematic risk. The risk stems from poor macroeconomic conditions, global meltdowns, and both overall domestic and industry-specific policies. Another specific risk associated with the Nippon Indian Growth Midcap fund, given its value-investing philosophy, is the delay in stock turnaround, which has been the thesis behind a specific stock pick.

The lead fund manager for the Nippon India Growth Mid Cap fund is Rupesh Patel, who has been managing the fund since Jan 2023, and Amber Singhania supports him as a co-fund manager.