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Groww Mutual Fund

Groww Nifty Total Market Index Fund

Groww Mutual Fund · Direct plan · Growth

  • Index & ETF
  • Index Fund
  • Very High Risk
  • Rank 56 of 167 over 3 years
3-year returns
11.6%
a year
NAV
₹14.30
▼ 0.55% · 13 Nov 2026
Fund size
₹355 Cr
Expense ratio
0.65%
a year
Minimum SIP
₹500

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹14.02 and has returned 10.88% a year over 3 years.

Returns, and where it stands

Against the average index fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year0.4%2.3%behind213 of 318
3 years11.6%10.5%ahead56 of 167
Every period, and the Regular plan →
PeriodDirectRegular
1 month7.2%7.1%
3 months0.3%0.2%
6 months6.7%6.5%
1 year0.4%-0.1%
2 yearsp.a.4.6%4%
3 yearsp.a.11.6%10.9%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Oct 2023.

Plan

NAV history

▲ 0.37% in the last 1Y

12.313.314.413 Nov 202515 May 202613 Nov 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
₹
years
Total invested
₹1,80,000
Gain
₹16,095
XIRR (per year)
5.65%
Value today
₹1,96,095

36 monthly instalments from 17 Nov 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
14.6% a year
2.1% more than the category average — the bumpier side
Worst fall so far
−18.9%
Sept 2024 to Feb 2025.
Years that made money
73.7%
Of every one-year stretch it has been through.
Over any three years
9.6% to 11.9%
A year, at worst and at best. Typically 10.7%.

Fund details

Minimum lumpsum
₹500
Minimum top-up
₹500
Lock-in
None
Plan started
23 Oct 2023
Portfolio turnover
0.23x
Expense ratio
0.65%
as of 30 Sept 2026

Managed by Nikhil Satam, Aakash Chauhan, Shashi Kumar

Direct plan figures, last checked on 7 Nov 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

Groww Nifty Total Market Index Fund against other funds in the Index Fund category
Fund1Y3Y5YExpenseFund size
ICICI Prudential NASDAQ 100 Index Fund17.11%27%17.05%0.63%₹3,738 Cr
Motilal Oswal S&P 500 Index Fund17.88%24.99%16.03%0.49%₹2,919 Cr
ICICI Prudential Nifty Pharma Index Fund25.92%22.66%–0.51%₹163 Cr
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund22.77%21.88%15.76%0.55%₹192 Cr
ICICI Prudential Nifty Auto Index Fund2.73%19.99%–0.35%₹234 Cr
Motilal Oswal BSE Enhanced Value Index Fund-1.19%18.86%–0.52%₹2,132 Cr
Groww Nifty Total Market Index Fund0.37%11.6%–0.65%₹355 Cr

About Groww Nifty Total Market Index Fund

Groww Nifty Total Market Index Fund is a index fund managed by Groww Mutual Fund. Passively track a market index such as the Nifty 50 or Sensex, with low costs and returns close to the index.

The investment objective of the scheme is to achieve a return equivalent to the NiftyTotal Market Index-TRI subject to tracking error. This index is diversified throughout the Indian market across sectors and market caps and aims to benefit from India’s economic growth.

The scheme's stated objective, as published by Groww Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth₹14.3016152092
DirectIncome Distribution cum capital withdrawal₹14.3012152125
RegularGrowth₹14.0204152127
RegularIncome Distribution cum capital withdrawal₹14.0211152126

Frequently asked questions

What is the NAV of Groww Nifty Total Market Index Fund today?

The NAV of Groww Nifty Total Market Index Fund (Direct plan, Growth) is ₹14.3016 and the Regular plan NAV is ₹14.0204, as of 13 Nov 2026.

What returns has Groww Nifty Total Market Index Fund given?

Over the last year the Direct plan returned 0.37%, and 11.6% a year over 3 years. That places it 56 of 167 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of Groww Nifty Total Market Index Fund?

The Direct plan charges 0.65% a year, as disclosed on 30 Sept 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in Groww Nifty Total Market Index Fund?

You can start a monthly SIP with ₹500, or invest a lump sum of ₹500 or more.

How much has Groww Nifty Total Market Index Fund fallen in the past?

Its deepest fall was 18.9% from 26 Sept 2024 to 28 Feb 2025. Of every one-year stretch in its history, 74% ended in a gain.

Which category does Groww Nifty Total Market Index Fund belong to?

It is a Index Fund from Groww Mutual Fund. Passively track a market index such as the Nifty 50 or Sensex, with low costs and returns close to the index.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from Groww Nifty Total Market Index Fund taxed?

Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.