Groww Nifty Total Market Index Fund
Equity Funds · Groww Asset Management Limited
Investing ₹10,000 every month for the last 3 years would have put in ₹3.6 lakh and grown it to about ₹3.8 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹81,110. Expect meaningful ups and downs on the way.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.Groww Nifty Total Market Index Fund is a equity funds from Groww Asset Management Limited. It has a track record of about 2.9 years. As of the latest data it carries an RS rating of 45/99 (its recent momentum versus category peers). The current NAV is ₹13.6 (as of 2026-09-16).
Growth of ₹100 - last 3 years
Groww Nifty Total Market Index Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -4.39% | -4.32% |
| 3 months | -1.0% | -1.24% |
| 6 months | 4.03% | 6.52% |
| 1 year | -2.03% | -0.01% |
Its trailing one-year return is -2.03%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.
Year-by-year returns
| Year | Groww Nifty Total Mark | Benchmark |
|---|---|---|
| 2024 | +16.1% | +15.2% |
| 2025 | +6.7% | +6.7% |
| 2026 | -4.5% | -5.8% |
Groww Nifty Total Market Index Fund beat its benchmark in 2 of the last 3 calendar years. That is a strong hit-rate - most active funds fail to clear their index this often. Consistency against the benchmark matters more than any single great year.
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
What a monthly SIP in Groww Nifty Total Market Index Fund would have made
A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.
| SIP duration | You invested | It became | XIRR |
|---|---|---|---|
| 3 years | ₹360,000 | ₹377,607 | 3.22% |
Over 3 years, ₹360,000 invested in monthly instalments would have grown to about ₹377,607 - an XIRR of 3.22%. Figures are pre-tax and assume you stayed invested throughout.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -18.89% | -17.54% |
| Worst drawdown (3Y) | -18.89% | -24.69% |
| Volatility (1Y) | 17.47% | 20.87% |
| Sharpe (3Y) | 0.32 | 0.04 |
| Sortino (3Y) | 0.49 | 0.57 |
| Beta (3Y) | 1.01 | 1.17 |
| Alpha (3Y) | 0.68% | 4.47% |
| Up capture | 100.8% | 118.43% |
| Down capture | 99.1% | 109.05% |
| Bull-market return | 32.7% | 28.4% |
| Bear-market return | -32.0% | -31.42% |
Timing matters more than people admit: the best possible 1-year stretch in Groww Nifty Total Market Index Fund (starting 2023-10-25) gained 36.5%, while the worst (starting 2024-09-26) lost 6.8%. The worst peak-to-bottom fall Groww Nifty Total Market Index Fund has ever put investors through is -18.89% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -32.0% annualised, versus 32.7% in rising markets. It has captured roughly 100.8% of its benchmark's up-moves and 99.1% of its down-moves.
How Groww Nifty Total Market Index Fund behaves when markets fall
When the market is falling (the Nifty below its 200-day average), Groww Nifty Total Market Index Fund has historically returned about -32.0% annualised, versus roughly 32.7% when the market is rising. Its deepest fall on record is -18.89%. Right now it sits about 6.74% below its all-time high (last hit 2024-09-26). The real question isn't the average year - it's whether you could hold on through the worst one.
How Groww Nifty Total Market Index Fund ranks in its category
Percentile versus its ~80 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
Rolling-return data isn't available for this fund yet.
What Groww Nifty Total Market Index Fund holds
Its latest monthly portfolio disclosure. This is what your money actually owns.
Top holdings
Sector allocation
The top 10 holdings make up 28.6% of the portfolio, across 751 stocks. A higher concentration means the fund's fortunes ride on fewer names.
Portfolio overlap with similar funds
Groww Nifty Total Market Index Fund shares Aditya Birla Sun Life Nifty Midcap 150 Index Fund (13%), Aditya Birla Sun Life Nifty Next 50 Index Fund (10%), Aditya Birla Sun Life Nifty Smallcap 50 Index Fund (2%) of its portfolio with these category peers (overlap = the slice of the two portfolios invested in the same stocks). The lower the overlap, the more genuinely different the portfolios are.
Who manages Groww Nifty Total Market Index Fund - and how good are they?
Groww Nifty Total Market Index Fund is managed by Nikhil Satam, Aakash Chauhan and Shashi Kumar. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.
Nikhil Satam's full record
Nikhil Satam currently runs 17 funds, across Aggressive Hybrid Fund, ELSS- Tax Saver Fund, Equity Funds, Fund of Funds Scheme (Domestic), with about ₹1,128 Cr under management. The book's average King Score is 68.5/100. Their strongest fund by King Score is Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) (77/100); Groww Nifty Total Market Index Fund ranks #7 of 17 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund) | 50 | 77 | -0.8% | 1.7% | -6.6% | 8.4% | 8.0% | n/a | 0.13 | 15.5% | -34.6% |
| 2 | Groww Aggressive Hybrid Fund (formerly known as Indiabulls Equity Hybrid Fund) | 54 | 60 | 0.2% | 2.0% | -1.8% | 8.3% | 8.1% | n/a | 0.17 | 14.0% | -28.2% |
| 3 | Groww Nifty India Internet ETF FOF | 98 | n/a | 17.4% | 24.2% | -0.4% | n/a | n/a | n/a | n/a | n/a | -28.6% |
| 4 | Groww Nifty Smallcap 250 Index Fund | 90 | n/a | 3.5% | 18.1% | 4.4% | n/a | n/a | n/a | 0.02 | n/a | -26.2% |
| 5 | Groww Nifty Next 50 Index Fund | 57 | n/a | -1.6% | 7.5% | 3.6% | n/a | n/a | n/a | n/a | n/a | -14.3% |
| 6 | Groww Nifty India Defence ETF FOF | 53 | n/a | 0.3% | 13.0% | 13.9% | n/a | n/a | n/a | 0.33 | n/a | -27.0% |
| 7 | Groww Nifty Total Market Index Fund (this page) | 45 | n/a | -1.0% | 4.0% | -2.0% | n/a | n/a | n/a | 0.32 | n/a | -18.9% |
| 8 | Groww Nifty EV & New Age Automotive ETF FOF | 36 | n/a | -0.4% | 10.1% | -1.5% | n/a | n/a | n/a | -0.41 | n/a | -31.3% |
| 9 | Groww Nifty Non-Cyclical Consumer Index Fund | 28 | n/a | -0.5% | 3.8% | -11.3% | n/a | n/a | n/a | -0.4 | n/a | -26.7% |
| 10 | Groww Nifty 500 Momentum 50 ETF FOF | 27 | n/a | -1.5% | 7.7% | 2.1% | n/a | n/a | n/a | -0.07 | n/a | -17.2% |
| 11 | Groww Nifty 50 Index Fund | 20 | n/a | -2.2% | -1.8% | -7.0% | n/a | n/a | n/a | n/a | n/a | -15.1% |
| 12 | Groww BSE Power ETF FOF | 18 | n/a | -8.7% | 3.5% | 9.9% | n/a | n/a | n/a | n/a | n/a | -15.5% |
| 13 | Groww Nifty 200 ETF FOF | 9 | n/a | -2.6% | 0.5% | -3.6% | n/a | n/a | n/a | 0.06 | n/a | -14.6% |
| 14 | Groww Nifty India Railways PSU Index Fund | 8 | n/a | -9.9% | -11.9% | -24.4% | n/a | n/a | n/a | -0.89 | n/a | -33.7% |
| 15 | Groww Nifty Capital Markets ETF FOF | n/a | n/a | -4.9% | 12.3% | n/a | n/a | n/a | n/a | n/a | n/a | -13.7% |
| 16 | Groww Nifty Midcap 150 Index Fund | n/a | n/a | -0.8% | 7.9% | n/a | n/a | n/a | n/a | n/a | n/a | -13.9% |
| 17 | Groww Nifty PSE ETF FOF | n/a | n/a | -4.8% | -5.8% | n/a | n/a | n/a | n/a | n/a | n/a | -11.9% |
Aakash Chauhan's full record
Aakash Chauhan currently runs 15 funds, across Equity Funds, Fund of Funds Scheme (Domestic), with about ₹1,028 Cr under management.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Groww Nifty India Internet ETF FOF | 98 | n/a | 17.4% | 24.2% | -0.4% | n/a | n/a | n/a | n/a | n/a | -28.6% |
| 2 | Groww Nifty Smallcap 250 Index Fund | 90 | n/a | 3.5% | 18.1% | 4.4% | n/a | n/a | n/a | 0.02 | n/a | -26.2% |
| 3 | Groww Nifty Next 50 Index Fund | 57 | n/a | -1.6% | 7.5% | 3.6% | n/a | n/a | n/a | n/a | n/a | -14.3% |
| 4 | Groww Nifty India Defence ETF FOF | 53 | n/a | 0.3% | 13.0% | 13.9% | n/a | n/a | n/a | 0.33 | n/a | -27.0% |
| 5 | Groww Nifty Total Market Index Fund (this page) | 45 | n/a | -1.0% | 4.0% | -2.0% | n/a | n/a | n/a | 0.32 | n/a | -18.9% |
| 6 | Groww Nifty EV & New Age Automotive ETF FOF | 36 | n/a | -0.4% | 10.1% | -1.5% | n/a | n/a | n/a | -0.41 | n/a | -31.3% |
| 7 | Groww Nifty Non-Cyclical Consumer Index Fund | 28 | n/a | -0.5% | 3.8% | -11.3% | n/a | n/a | n/a | -0.4 | n/a | -26.7% |
| 8 | Groww Nifty 500 Momentum 50 ETF FOF | 27 | n/a | -1.5% | 7.7% | 2.1% | n/a | n/a | n/a | -0.07 | n/a | -17.2% |
| 9 | Groww Nifty 50 Index Fund | 20 | n/a | -2.2% | -1.8% | -7.0% | n/a | n/a | n/a | n/a | n/a | -15.1% |
| 10 | Groww BSE Power ETF FOF | 18 | n/a | -8.7% | 3.5% | 9.9% | n/a | n/a | n/a | n/a | n/a | -15.5% |
| 11 | Groww Nifty 200 ETF FOF | 9 | n/a | -2.6% | 0.5% | -3.6% | n/a | n/a | n/a | 0.06 | n/a | -14.6% |
| 12 | Groww Nifty India Railways PSU Index Fund | 8 | n/a | -9.9% | -11.9% | -24.4% | n/a | n/a | n/a | -0.89 | n/a | -33.7% |
| 13 | Groww Nifty Capital Markets ETF FOF | n/a | n/a | -4.9% | 12.3% | n/a | n/a | n/a | n/a | n/a | n/a | -13.7% |
| 14 | Groww Nifty Midcap 150 Index Fund | n/a | n/a | -0.8% | 7.9% | n/a | n/a | n/a | n/a | n/a | n/a | -13.9% |
| 15 | Groww Nifty PSE ETF FOF | n/a | n/a | -4.8% | -5.8% | n/a | n/a | n/a | n/a | n/a | n/a | -11.9% |
Shashi Kumar's full record
Shashi Kumar currently runs 16 funds, across Equity Funds, Fund of Funds Scheme (Domestic), with about ₹1,104 Cr under management.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Groww Nifty India Internet ETF FOF | 98 | n/a | 17.4% | 24.2% | -0.4% | n/a | n/a | n/a | n/a | n/a | -28.6% |
| 2 | Groww Nifty Smallcap 250 Index Fund | 90 | n/a | 3.5% | 18.1% | 4.4% | n/a | n/a | n/a | 0.02 | n/a | -26.2% |
| 3 | Groww Nifty Next 50 Index Fund | 57 | n/a | -1.6% | 7.5% | 3.6% | n/a | n/a | n/a | n/a | n/a | -14.3% |
| 4 | Groww Nifty India Defence ETF FOF | 53 | n/a | 0.3% | 13.0% | 13.9% | n/a | n/a | n/a | 0.33 | n/a | -27.0% |
| 5 | Groww Nifty Total Market Index Fund (this page) | 45 | n/a | -1.0% | 4.0% | -2.0% | n/a | n/a | n/a | 0.32 | n/a | -18.9% |
| 6 | Groww Nifty EV & New Age Automotive ETF FOF | 36 | n/a | -0.4% | 10.1% | -1.5% | n/a | n/a | n/a | -0.41 | n/a | -31.3% |
| 7 | Groww Nifty Non-Cyclical Consumer Index Fund | 28 | n/a | -0.5% | 3.8% | -11.3% | n/a | n/a | n/a | -0.4 | n/a | -26.7% |
| 8 | Groww Nifty 500 Momentum 50 ETF FOF | 27 | n/a | -1.5% | 7.7% | 2.1% | n/a | n/a | n/a | -0.07 | n/a | -17.2% |
| 9 | Groww Nifty 50 Index Fund | 20 | n/a | -2.2% | -1.8% | -7.0% | n/a | n/a | n/a | n/a | n/a | -15.1% |
| 10 | Groww BSE Power ETF FOF | 18 | n/a | -8.7% | 3.5% | 9.9% | n/a | n/a | n/a | n/a | n/a | -15.5% |
| 11 | Groww Nifty 200 ETF FOF | 9 | n/a | -2.6% | 0.5% | -3.6% | n/a | n/a | n/a | 0.06 | n/a | -14.6% |
| 12 | Groww Nifty India Railways PSU Index Fund | 8 | n/a | -9.9% | -11.9% | -24.4% | n/a | n/a | n/a | -0.89 | n/a | -33.7% |
| 13 | Groww Nifty Capital Markets ETF FOF | n/a | n/a | -4.9% | 12.3% | n/a | n/a | n/a | n/a | n/a | n/a | -13.7% |
| 14 | Groww Nifty Midcap 150 Index Fund | n/a | n/a | -0.8% | 7.9% | n/a | n/a | n/a | n/a | n/a | n/a | -13.9% |
| 15 | Groww Multi Asset Omni FOF | n/a | n/a | 0.4% | 7.5% | n/a | n/a | n/a | n/a | n/a | n/a | -10.6% |
| 16 | Groww Nifty PSE ETF FOF | n/a | n/a | -4.8% | -5.8% | n/a | n/a | n/a | n/a | n/a | n/a | -11.9% |
A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.
Cost & fund basics
| Detail | Value |
|---|---|
| Expense ratio (Direct) | 0.62% |
| Exit load | ≈1% if redeemed within 1 year (typical) |
| Minimum investment | ₹500 |
| Fund size (AUM) | ₹362 Cr |
| Age | 2.9 years |
| Plan / Option | Direct · Growth |
| Benchmark | NIFTY500 |
How Groww Nifty Total Market Index Fund compares to peers
| Fund | RS | King | 3Y CAGR |
|---|---|---|---|
| Aditya Birla Sun Life Nifty Next 50 Index Fund | 60 | 64 | 15.6% |
| Aditya Birla Sun Life Nifty Smallcap 50 Index Fund | 99 | 63 | 18.0% |
| Aditya Birla Sun Life Nifty Midcap 150 Index Fund | 69 | 58 | 14.0% |
| Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund | 34 | 50 | 10.4% |
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
Groww Nifty Total Market Index Fund review: the bottom line
Related
Frequently asked questions
Is Groww Nifty Total Market Index Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Groww Nifty Total Market Index Fund scores RS 45/99 within its category, and its worst drawdown was -18.89%. Compare those against your needs and the peer table above.
What is the NAV of Groww Nifty Total Market Index Fund today?
The latest NAV is ₹13.6 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
What is the expense ratio of Groww Nifty Total Market Index Fund?
The Direct-plan expense ratio is 0.62% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.
Who is the fund manager of Groww Nifty Total Market Index Fund?
Groww Nifty Total Market Index Fund is managed by Nikhil Satam; Aakash Chauhan; Shashi Kumar.
Is Groww Nifty Total Market Index Fund safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -18.89% - ₹1 lakh briefly becoming about ₹81,110. As a equity fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is Groww Nifty Total Market Index Fund good for SIP?
We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 3 years grew ₹3.6 lakh into about ₹3.8 lakh (XIRR 3.22%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.
What are the SIP returns of Groww Nifty Total Market Index Fund?
A ₹10,000/month SIP over 3 years would have grown to about ₹377,607 (an XIRR of 3.22%) on ₹360,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.
Is Groww Nifty Total Market Index Fund tax-efficient / what about capital gains?
As a equity fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See Groww Nifty Total Market Index Fund live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
- Interactive price chart with EMAs & RSI
- The RS line plotted against its benchmark
- Full holdings, sector mix & portfolio overlap
- Point-in-time backtester & portfolio doctor
- Compare it side-by-side with any peer
- Screen 1,600+ funds on the same metrics
Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.