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Groww Mutual Fund

Groww Nifty Midcap 150 Index Fund Regular IDCW

★★★★★ 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: 54/100 · Average

How this score is calculated

  • Star rating (35%)2/5
  • 3Y CAGR (30%)—
  • Expense ratio (20%)0.49%
  • AUM (15%)₹16 Cr

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

Groww Mutual Fund · Equity · Mid Cap

₹10.06

+0.06 (+0.56%)

AUM: ₹15 Cr

NAV updated about 12 hours ago

Plan

Regular

Option

Idcw

Risk

Very High

Expense Ratio

0.49%

Exit Load

Nil

Fund Manager

Nikhil Satam

Inception

Nov 2025

Benchmark

NIFTY Midcap 150 Total Return Index

Sharpe Ratio

-0.43

Std Dev (1Y)

16.87%

Historical Returns (CAGR)

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

1m

-4.64%

3m

-1.27%

6m

+10.07%

1y

-14.89%

3y

—

5y

—

10y

—

since inception

-0.59%

TopFund's Take on Groww Nifty Midcap 150 Index Fund Regular IDCW

Groww Nifty Midcap 150 Index Fund Regular IDCW sits in the middle of the pack for Mid 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 54/100.

Cost: At 0.49%, the expense ratio is meaningfully cheaper — about 36% below the Mid Cap category average of 0.77% (based on 232 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 -0.43 — 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 16.87% is fairly typical for Mid Cap funds.

Who should invest: This fund is best suited to investors with a 5+ year horizon comfortable with meaningfully higher volatility than large cap funds. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.

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 99.83%
Net Receivables 0.18%

Frequently Asked Questions about Groww Nifty Midcap 150 Index Fund Regular IDCW

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

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