Groww Nifty Next 50 Index Fund
This is the Regular plan of Groww Nifty Next 50 Index Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
★★★☆☆3/5 vs 322 of 373 Index Funds peers1Y- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Index Funds (same plan and option). Based on a 1-year record — this fund is too young for a 3-year CAGR, so its performance is ranked on 1Y against the same peers. 322 of the 373 Index Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
Not enough Index Funds peers to rank yet
Volatility 16.6% vs 12.2% category avg
1.2% expense vs 1.0% category avg
Not enough history for a rolling 3Y view
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- 1-year return (+1.09%) beats the Index Funds average (-0.50%)
Concerns
- More volatile than its Index Funds peers (16.6% vs 12.2%)
- High expense ratio (1.21%) vs the Index Funds average of 0.96%
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Index Funds)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -4.99% | -3.94% | -1.05% |
| 3M abs | -4.07% | -3.22% | -0.85% |
| 6M abs | +11.60% | +5.65% | +5.95% |
| 1Y CAGR | +1.09% | -0.50% | +1.59% |
| 3Y CAGR | — | +8.82% | — |
| 5Y CAGR | — | +7.82% | — |
Category average across peers in Index Funds (368 of 373 carry a figure for at least one period), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 373 peers in Index Funds
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
12 monthly installments of ₹10,000 into Groww Nifty Next 50 Index Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty 50 TRI | Diff | |
|---|---|---|---|---|
| 2026part | -0.18% | -12.85% | +12.67% | |
| 2025part | +3.52% | — | — |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Recent changes
Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.
- Expense ratio up: 1.16% → 1.21%02 Oct 2026
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity99.65%
- Cash & Equivalents0.35%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹9.01Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
Groww Mutual Fund is the asset management arm of the Groww investing platform, which acquired Indiabulls Mutual Fund in 2023 and rebranded it. The house leans towards low-cost index and passive schemes alongside a small active line-up.
Fund Managers
NSNikhil SatamStart date not disclosed
B. Com & Masters in Finance (MFM)
Mr. Nikhil Satam has over 11 years of work experience in the financial services industry. Since FOF June 2023, he has been working as an Equity dealer in existing equity schemes of Groww Asset Management Ltd. (Groww AMC), wherein he handles all active and passive scheme dealings. Additionally, he is also working as a backup Fund Manager for passive schemes. Prior to joining Groww AMC, he was associated with Groww Invest Tech Private Ltd (formerly known as Nextbillion Technology Pvt. Ltd). Earlier, he worked with Motilal Oswal and Kotak Securities as an Equity Dealer.
- Groww BSE Hospitals ETF
- Groww BSE Hospitals ETF FOF
- Groww BSE Power ETF
- Groww BSE Power ETF FOF
- Groww ELSS Tax Saver Fund
- Groww Nifty 200 ETF
- Groww Nifty 200 ETF FOF
- Groww Nifty 50 ETF
- Groww Nifty 50 Index Fund
- Groww Nifty 500 Low Volatility 50 ETF
- Groww Nifty 500 Momentum 50 ETF
- Groww Nifty 500 Momentum 50 ETF FOF
- Groww Nifty Capital Markets ETF
- Groww Nifty Capital Markets ETF FOF
- Groww Nifty Cements ETF
- Groww Nifty Chemicals ETF
- Groww Nifty EV & New Age Automotive ETF
- Groww Nifty EV & New Age Automotive ETF FOF
- Groww Nifty India Defence ETF
- Groww Nifty India Defence ETF FOF
- Groww Nifty India Internet ETF
- Groww Nifty India Internet ETF FOF
- Groww Nifty India Railways PSU ETF
- Groww Nifty India Railways PSU Index Fund
- Groww Nifty Metal ETF
- Groww Nifty Non-Cyclical Consumer Index Fund
- Groww Nifty Private Bank ETF
- Groww Nifty Private Bank Index Fund
- Groww Nifty PSE ETF
- Groww Nifty PSE ETF FOF
- Groww Nifty PSU Bank ETF
- Groww Nifty PSU Bank Index Fund
- Groww Nifty Realty ETF
- Groww Nifty Smallcap 250 Index Fund
- Groww Nifty Smallcap 250 Momentum Quality 100 ETF
- Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund
- Groww Nifty Total Market Index Fund
- Groww Large Cap Fund - Direct Plan - Growth
- Groww Multi Asset Allocation Fund - Direct Plan - Growth
- Groww Multicap Fund - Direct Plan - Growth
- Groww Nifty Next 50 ETF
- Groww Nifty Smallcap 250 ETF
- Groww Small Cap Fund - Direct Plan - Growth
- Groww Value Fund - Direct Plan - Growth
SKShashi KumarStart date not disclosed
PGDBM & BBA
Mr. Shashi Kumar has an overall 18 years of experience in the Insurance Sector. Prior to joining Groww Asset Management Ltd., he was associated with Bharti Axa Life Co. Ltd. & Canara HSBC Life Insurance Co. Ltd.
- Groww Arbitrage Fund
- Groww BSE Hospitals ETF
- Groww BSE Hospitals ETF FOF
- Groww BSE Power ETF
- Groww BSE Power ETF FOF
- Groww Nifty 200 ETF
- Groww Nifty 200 ETF FOF
- Groww Nifty 50 ETF
- Groww Nifty 50 Index Fund
- Groww Nifty 500 Low Volatility 50 ETF
- Groww Nifty 500 Momentum 50 ETF FOF
- Groww Nifty Capital Markets ETF
- Groww Nifty Capital Markets ETF FOF
- Groww Nifty Cements ETF
- Groww Nifty Chemicals ETF
- Groww Nifty EV & New Age Automotive ETF
- Groww Nifty EV & New Age Automotive ETF FOF
- Groww Nifty India Defence ETF
- Groww Nifty India Defence ETF FOF
- Groww Nifty India Internet ETF
- Groww Nifty India Internet ETF FOF
- Groww Nifty India Railways PSU ETF
- Groww Nifty India Railways PSU Index Fund
- Groww Nifty Metal ETF
- Groww Nifty Non-Cyclical Consumer Index Fund
- Groww Nifty Private Bank ETF
- Groww Nifty Private Bank Index Fund
- Groww Nifty PSE ETF
- Groww Nifty PSE ETF FOF
- Groww Nifty PSU Bank ETF
- Groww Nifty PSU Bank Index Fund
- Groww Nifty Realty ETF
- Groww Nifty Smallcap 250 Index Fund
- Groww Nifty Smallcap 250 Momentum Quality 100 ETF
- Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund
- Groww Nifty Total Market Index Fund
- Groww Nifty 500 Momentum 50 ETF
- Groww Nifty Next 50 ETF
- Groww Nifty Smallcap 250 ETF
ACAakash ChauhanStart date not disclosed
MBA in Finance
Mr. Aakash Ashokkumar Chauhan has an overall 8 years of experience in the Financial Sector. Prior to joining Groww Asset Management Ltd., he was associated with Trust Mutual Fund, Mirae Asset Capital Markets (India) Pvt Ltd. & BP Wealth Pvt Ltd. The above mentioned details include name of this Scheme
- Groww BSE Hospitals ETF
- Groww BSE Hospitals ETF FOF
- Groww BSE Power ETF
- Groww BSE Power ETF FOF
- Groww Nifty 200 ETF
- Groww Nifty 200 ETF FOF
- Groww Nifty 50 ETF
- Groww Nifty 50 Index Fund
- Groww Nifty 500 Low Volatility 50 ETF
- Groww Nifty 500 Momentum 50 ETF FOF
- Groww Nifty Capital Markets ETF
- Groww Nifty Capital Markets ETF FOF
- Groww Nifty Cements ETF
- Groww Nifty Chemicals ETF
- Groww Nifty EV & New Age Automotive ETF
- Groww Nifty EV & New Age Automotive ETF FOF
- Groww Nifty India Defence ETF
- Groww Nifty India Defence ETF FOF
- Groww Nifty India Internet ETF
- Groww Nifty India Internet ETF FOF
- Groww Nifty India Railways PSU ETF
- Groww Nifty India Railways PSU Index Fund
- Groww Nifty Metal ETF
- Groww Nifty Non-Cyclical Consumer Index Fund
- Groww Nifty Private Bank ETF
- Groww Nifty Private Bank Index Fund
- Groww Nifty PSE ETF
- Groww Nifty PSE ETF FOF
- Groww Nifty PSU Bank ETF
- Groww Nifty PSU Bank Index Fund
- Groww Nifty Realty ETF
- Groww Nifty Smallcap 250 Index Fund
- Groww Nifty Smallcap 250 Momentum Quality 100 ETF
- Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund
- Groww Nifty Total Market Index Fund
- Groww Nifty 500 Momentum 50 ETF
- Groww Nifty Next 50 ETF
- Groww Nifty Smallcap 250 ETF
We don't hold this scheme's own Scheme Information Document. The managers shown are those named on it in this fund house's filings for its other schemes, so the list may be incomplete. Total AUM via AMFI.
Explore from here
Groww in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Index funds & ETFs
Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.
Frequently asked questions
What is the NAV of Groww Nifty Next 50 Index Fund?
As of 05 Oct 2026, the NAV of Groww Nifty Next 50 Index Fund is ₹10.19 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Groww Nifty Next 50 Index Fund delivered?
Groww Nifty Next 50 Index Fund has returned +1.09% over 1 year and +3.01% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Groww Nifty Next 50 Index Fund?
Groww Nifty Next 50 Index Fund charges an expense ratio of 1.21% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Groww Nifty Next 50 Index Fund?
Groww Nifty Next 50 Index Fund's largest holdings are Divi's Laboratories Limited (4.7%), TVS Motor Company Limited (4.0%), Tata Motors Limited (3.9%), Hindustan Aeronautics Limited (3.6%) and Adani Power Limited (3.2%). Holdings are disclosed monthly and change over time.
How risky is Groww Nifty Next 50 Index Fund?
Groww Nifty Next 50 Index Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 16.6% and its worst peak-to-trough fall in our sample was -14.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Groww Nifty Next 50 Index Fund?
Groww Nifty Next 50 Index Fund is benchmarked against the Nifty Next 50 Index TRI. Its alpha and beta on this page are measured against that index.
Who manages Groww Nifty Next 50 Index Fund?
Groww Nifty Next 50 Index Fund is managed by Nikhil Satam, Shashi Kumar and Aakash Chauhan at Groww.
How is Groww Nifty Next 50 Index Fund taxed?
Groww Nifty Next 50 Index Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.