Aditya Birla Sun Life Nifty Smallcap 50 Index Fund vs Groww Nifty Smallcap 250 Momentum Quality 100 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund is an Index fund and Groww Nifty Smallcap 250 Momentum Quality 100 ETF is an ETF fund. Aditya Birla Sun Life Nifty Smallcap 50 Index Fund charges 0.66% a year and Groww Nifty Smallcap 250 Momentum Quality 100 ETF 1.23%. Their portfolios overlap 47.1%: they hold 25 of the same securities.
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund
Index
- Expense ratio
- 0.66%
- NAV
- ₹22.82
Groww Nifty Smallcap 250 Momentum Quality 100 ETF
ETF
- Expense ratio
- 1.23%
- NAV
- ₹45.68
Which is better, Aditya Birla Sun Life Nifty Smallcap 50 Index or Groww Nifty Smallcap 250 Momentum Quality 100 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Aditya Birla Sun Life Nifty Smallcap 50 Index costs less: 0.66% a year against 1.23%.
- Groww Nifty Smallcap 250 Momentum Quality 100 ETF fell less in its worst fall since 17-06-2026: −10.2% against −11.7%.
- Aditya Birla Sun Life Nifty Smallcap 50 Index is the larger fund: ₹364 Cr against ₹8 Cr.
- Their portfolios overlap 47.1%: 25 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Aditya Birla Sun Life Nifty Smallcap 50 Index Fund | Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Fund house | Aditya Birla Sun Life Mutual Fund | Groww Mutual Fund |
| Category | Index | ETF |
| AUM | ₹364 Cr (30-09-2026) | ₹8 Cr (30-09-2026) |
| NAV | ₹22.82 (Direct) | ₹45.68 |
| Expense ratio (Direct) | 0.66% | Not available |
| Expense ratio (Regular) | 1.20% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY Smallcap 50 TRI | Nifty Smallcap 250 Momentum Quality 100 TRI |
| Launch date | 01-04-2021 | 16-06-2026 |
| Minimum investment | ₹100 | 1 Unit |
| Lock in | None | None |
| Fund managers | Priya Sridhar, Mehul Dama | Aakash Chauhan, Nikhil Satam, Shashi Kumar |
| Exit load | Exit load of 0.25%, if redeemed within 15 days. | Nil |
Aditya Birla Sun Life Nifty Smallcap 50 Index vs Groww Nifty Smallcap 250 Momentum Quality 100 ETF: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Nifty Smallcap 50 Index Fund (Direct) | −3.10% | −2.85% | +6.23% | +5.00% | +16.94% | +12.16% | -- |
| Groww Nifty Smallcap 250 Momentum Quality 100 ETF | −4.69% | −2.40% | -- | -- | -- | -- | -- |
Aditya Birla Sun Life Nifty Smallcap 50 Index vs Groww Nifty Smallcap 250 Momentum Quality 100 ETF: Year-wise Returns
| Year | Aditya Birla Sun Life Nifty Smallcap 50 IndexAditya Birla Sun Life Nifty Smallcap 50 Index | Groww Nifty Smallcap 250 Momentum Quality 100 ETFGroww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| 2026to date | +8.40% | -- |
| 2025 | −3.69% | -- |
| 2024 | +25.11% | -- |
| 2023 | +63.34% | -- |
| 2022 | −18.06% | -- |
Aditya Birla Sun Life Nifty Smallcap 50 Index vs Groww Nifty Smallcap 250 Momentum Quality 100 ETF: Rolling Returns
Every holding period of both funds, against Nifty Smallcap 50 TRI, the benchmark of Aditya Birla Sun Life Nifty Smallcap 50 Index Fund
Aditya Birla Sun Life Nifty Smallcap 50 Index vs Groww Nifty Smallcap 250 Momentum Quality 100 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Aditya Birla Sun Life Nifty Smallcap 50 Index Fund (Direct) | Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Return (CAGR) | +15.74% | −1.33% |
| Standard deviation | 19.99% | 16.13% |
| Sharpe ratio | 0.51 | -0.41 |
| Sortino ratio | 0.68 | -0.52 |
| Maximum drawdown | −36.7% (20-06-2022) | −10.2% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.98% | −0.69% |
From daily NAVs, 06-04-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund (Direct)
Groww Nifty Smallcap 250 Momentum Quality 100 ETF
Nifty Smallcap 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Nifty Smallcap 50 Index Fund (Direct) | −11.7% | 08-09-2026 | 23-10-2026 | Not yet | -- | −7.4% |
| Groww Nifty Smallcap 250 Momentum Quality 100 ETF | −10.2% | 08-09-2026 | 23-10-2026 | Not yet | -- | −7.8% |
| Nifty Smallcap 50 TRI | −11.2% | 08-09-2026 | 23-10-2026 | Not yet | -- | −6.9% |
From daily values since 17-06-2026, the first day every fund has.
Aditya Birla Sun Life Nifty Smallcap 50 Index vs Groww Nifty Smallcap 250 Momentum Quality 100 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Aditya Birla Sun Life Nifty Smallcap 50 Index Fund, September 2026; Groww Nifty Smallcap 250 Momentum Quality 100 ETF, September 2026
Holdings in common
- Overlap
- 47.1%
- Held by both
- 25
- Only in Aditya Birla Sun Life Nifty Smallcap 50 Index
- 24
- Only in Groww Nifty Smallcap 250 Momentum Quality 100 ETF
- 75
| Security | % of Aditya Birla Sun Life Nifty Smallcap 50 Index | % of Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Welspun Corp Ltd. | 4.19% | 4.77% |
| Sona Blw Precision Forgings Ltd. | 4.39% | 3.68% |
| Navin Fluorine International Ltd. | 3.57% | 3.21% |
| Karur Vysya Bank Ltd. | 3.61% | 3.19% |
| Gland Pharma Ltd. | 2.72% | 2.96% |
| AnandRathi Wealth Ltd. | 2.28% | 3.01% |
| Neuland Laboratories Ltd. | 2.17% | 2.05% |
| Aegis Logistics Ltd. | 2.04% | 2.13% |
| Acutaas Chemicals Ltd. | 2.00% | 2.80% |
| Central Depository Services (I) Ltd. | 2.65% | 1.99% |
| Computer Age Management Services Ltd. | 1.90% | 2.00% |
| Himadri Speciality Chemical Ltd. | 1.88% | 2.00% |
| Angel One Ltd. | 2.10% | 1.83% |
| The Great Eastern Shipping Co. Ltd. | 1.82% | 1.93% |
| City Union Bank Ltd. | 2.56% | 1.76% |
| Redington Ltd. | 2.84% | 1.69% |
| Dr. Lal Path labs Ltd. | 1.82% | 1.69% |
| Manappuram Finance Ltd. | 2.04% | 1.38% |
| PNB Housing Finance Ltd. | 2.48% | 1.20% |
| Amber Enterprises India Ltd. | 1.72% | 1.08% |
| Crompton Greaves Consumer Electricals Ltd. | 1.58% | 1.00% |
| Natco Pharma Ltd. | 0.87% | 0.70% |
| Amara Raja Energy & Mobility Ltd. | 1.09% | 0.64% |
| AFFLE 3I Ltd. | 1.13% | 0.63% |
| PG Electroplast Ltd. | 0.94% | 0.56% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 47.1% means 47.1% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Aditya Birla Sun Life Nifty Smallcap 50 Index Fund
| Security | % of fund |
|---|---|
| Ather Energy Ltd. | 3.18% |
| RBL Bank Ltd. | 2.94% |
| Delhivery Ltd. | 2.90% |
| Sai Life Sciences Ltd. | 2.48% |
| Kirloskar Oil Engines Ltd. | 2.26% |
Largest holdings only in Groww Nifty Smallcap 250 Momentum Quality 100 ETF
| Security | % of fund |
|---|---|
| HFCL Limited | 3.15% |
| Data Patterns (India) Limited | 1.78% |
| Granules India Limited | 1.68% |
| Hindustan Copper Limited | 1.65% |
| Elgi Equipments Limited | 1.36% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Aditya Birla Sun Life Nifty Smallcap 50 Index | Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Equity | 95.6% | 99.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 4.4% | 0.1% |
Market cap of stocks
| Market cap | Aditya Birla Sun Life Nifty Smallcap 50 Index | Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Large Cap | 0.0% | 0.0% |
| Mid Cap | 6.3% | 6.2% |
| Small Cap | 87.2% | 93.7% |
| Not on AMFI's list | 2.1% | 0.0% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Aditya Birla Sun Life Nifty Smallcap 50 Index | Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Pharmaceuticals & Biotechnology | 15.2% | 10.9% |
| Industrial Products | 6.5% | 11.4% |
| Banks | 11.2% | 5.8% |
| Capital Markets | 10.3% | 10.8% |
| Finance | 8.0% | 5.4% |
| Auto Components | 7.0% | 7.4% |
| Chemicals & Petrochemicals | 6.6% | 5.2% |
The six largest sectors of each fund's stocks, % of the fund.
Aditya Birla Sun Life Nifty Smallcap 50 Index vs Groww Nifty Smallcap 250 Momentum Quality 100 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Aditya Birla Sun Life Nifty Smallcap 50 Index Fund | Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.66% | Not available |
| Base expense ratio (Direct) | 0.41% | 0.47% |
| Total expense ratio (Regular) | 1.20% | Not available |
| Base expense ratio (Regular) | 0.88% | 0.00% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund vs Groww Nifty Smallcap 250 Momentum Quality 100 ETF: Frequently Asked Questions
What is the difference between Aditya Birla Sun Life Nifty Smallcap 50 Index Fund and Groww Nifty Smallcap 250 Momentum Quality 100 ETF?
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund is an Index fund, Groww Nifty Smallcap 250 Momentum Quality 100 ETF is an ETF fund, run by Aditya Birla Sun Life Mutual Fund and Groww Mutual Fund. Their portfolios overlap 47.1%. Aditya Birla Sun Life Nifty Smallcap 50 Index Fund charges 0.66% a year and Groww Nifty Smallcap 250 Momentum Quality 100 ETF 1.23%.
Which has the lower expense ratio, Aditya Birla Sun Life Nifty Smallcap 50 Index Fund or Groww Nifty Smallcap 250 Momentum Quality 100 ETF?
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund charges less: 0.66% a year against 1.23%. These are the total expense ratios reported to AMFI.
How much do Aditya Birla Sun Life Nifty Smallcap 50 Index Fund and Groww Nifty Smallcap 250 Momentum Quality 100 ETF overlap?
47.1%. They hold 25 of the same securities, the largest shared ones being WELCORP, SONACOMS, NAVINFLUOR. From each fund's latest monthly portfolio.
Which is riskier, Aditya Birla Sun Life Nifty Smallcap 50 Index Fund or Groww Nifty Smallcap 250 Momentum Quality 100 ETF?
On SEBI's riskometer, Aditya Birla Sun Life Nifty Smallcap 50 Index Fund is rated Very High and Groww Nifty Smallcap 250 Momentum Quality 100 ETF Very High. Over their common history, the standard deviation of daily returns was 19.99% and 16.13% a year.
Can I invest in both Aditya Birla Sun Life Nifty Smallcap 50 Index Fund and Groww Nifty Smallcap 250 Momentum Quality 100 ETF?
Yes. 47.1% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Aditya Birla Sun Life Nifty Smallcap 50 Index Fund and Groww Nifty Smallcap 250 Momentum Quality 100 ETF?
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund: Priya Sridhar, Mehul Dama. Groww Nifty Smallcap 250 Momentum Quality 100 ETF: Aakash Chauhan, Nikhil Satam, Shashi Kumar.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.