Groww Mutual FundIndex: Next 50Direct plan, growth

Groww Nifty Midcap 150 Index Fund

Compare index: next 50 funds Compare with others

NAV: ₹10.24; —11 Sept 2026
AUM (₹ Cr): 14; Average, April - June 2026
Expense ratio: 0.49%; Regular 1.13%
Risk: Very High; SEBI riskometer

1Y return: —; Category 6.4%
3Y CAGR: —; Category 13.4%
5Y CAGR: —; Category 9.4%

Loading NAV history…

Groww Nifty Midcap 150 Index Fund

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily NAVs. Risk-free rate 6.5% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
Fund	-2.8%	+2.8%	+13.0%	+2.8%	—	—	—	—	+1.8%
Nifty Next 50 TRI	—	—	—	—	—	—	—	—	—
Index: Next 50 average	-3.4%	3.3%	12.0%	4.1%	6.4%	13.4%	9.4%	12.5%	6.9%
Difference	—	—	—	—	—	—	—	—	—

Portfolio

Fund details

Fund house: Groww Mutual Fund
Category: Equity · Index: Next 50
SEBI classification: Other / Index Funds ETFs
Benchmark: Nifty Next 50 TRI
Launch date: 17 Nov 2025 (0.8 years)
Structure: Open Ended · Index
Plans and options: Direct Growth, Regular Growth
Fund manager: Shashi Kumar
Minimum SIP: ₹500
Minimum lumpsum: ₹500 (then ₹500)
Exit load: None
Lock-in: None
Riskometer: Very High (benchmark Very High)
Expense ratio as of: 9 Sept 2026
AUM period: April - June 2026
ISIN, Direct Growth: INF666M01MP7
ISIN, Regular Growth: INF666M01MS1
Scheme code: 153939, 153953

NAV and returns as of 11 Sept 2026; returns are for the direct plan, growth option, before entry or exit costs. Not investment advice.

Other index: next 50 funds

Other funds in the Index: Next 50 category.

Compare index: next 50 funds