Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.

Groww Mutual Fund

Groww Nifty 50 Index Fund Direct Growth

★★★★★ TopFund est.

TopFund Score (fallback rating)

  • Calculated by: TopFund — used only when no third-party rating exists for this fund
  • Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
  • Refresh frequency: Whenever TopFund re-syncs this fund's data
  • Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis

Full rating methodology →

TopFund Score: 55/100 · Average

How this score is calculated

  • Star rating (35%)2/5
  • 3Y CAGR (30%)—
  • Expense ratio (20%)0.45%
  • AUM (15%)₹27 Cr

Not investment advice — an analytical read of public fund data. Methodology →

Groww Mutual Fund · Equity · Large Cap

₹9.36

-0.01 (-0.08%)

AUM: ₹26 Cr

NAV updated 5 days ago

Plan

Direct

Option

Growth

Risk

High

Expense Ratio

0.45%

Exit Load

Nil

Fund Manager

Nikhil Satam

Inception

Jul 2025

Benchmark

NIFTY 50 Total Return Index

Sharpe Ratio

-0.85

Std Dev (1Y)

13.33%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

1m

-3.81%

3m

-2.98%

6m

+1.53%

1y

-6.97%

3y

—

5y

—

10y

—

since inception

-5.34%

TopFund's Take on Groww Nifty 50 Index Fund Direct Growth

Groww Nifty 50 Index Fund Direct Growth sits in the middle of the pack for Large Cap funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 55/100.

Cost: At 0.45%, the expense ratio is meaningfully cheaper — about 25% below the Large Cap category average of 0.6% (based on 452 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.85 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 13.33% is fairly typical for Large Cap funds.

Who should invest: This fund is best suited to conservative equity investors or those wanting a stable core holding, typically with a 3+ year horizon. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.

This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.

Sector Allocation

Asset Allocation

Equity 99.96%
Net Receivables 0.04%

Frequently Asked Questions about Groww Nifty 50 Index Fund Direct Growth

* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.

Discussion

User-generated content — not investment advice, and not verified or endorsed by TopFund.

No comments yet — start the discussion.