Axis Nifty 500 Index Fund vs Groww NIFTY 200 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Axis Nifty 500 Index Fund is an Index fund and Groww NIFTY 200 ETF is an ETF fund. In the year to 30-10-2026, Axis Nifty 500 Index Fund (Direct) returned −7.6% and Groww NIFTY 200 ETF returned −8.2%. Axis Nifty 500 Index Fund charges 0.17% a year and Groww NIFTY 200 ETF 0.43%. Their portfolios overlap 84.3%: they hold 200 of the same securities.
Axis Nifty 500 Index Fund
Index
- 1 year return
- −7.6%
- Expense ratio
- 0.17%
- NAV
- ₹9.63
Which is better, Axis Nifty 500 Index or Groww NIFTY 200 ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis Nifty 500 Index returned more over 1 year: −7.6% against −8.2%.
- Axis Nifty 500 Index costs less: 0.17% a year against 0.43%.
- Groww NIFTY 200 ETF fell less in its worst fall since 27-02-2025: −14.8% against −14.9%.
- Groww NIFTY 200 ETF holds more in large companies: 79.6% of the fund in large caps against 67.2%.
- Axis Nifty 500 Index is the larger fund: ₹314 Cr against ₹16 Cr.
- Their portfolios overlap 84.3%: 200 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 | Axis Nifty 500 Index Fund | Groww NIFTY 200 ETF |
|---|---|---|
| Fund house | Axis Mutual Fund | Groww Mutual Fund |
| Category | Index | ETF |
| AUM | ₹314 Cr (30-09-2026) | ₹16 Cr (30-09-2026) |
| NAV | ₹9.63 (Direct) | ₹10.72 |
| Expense ratio (Direct) | 0.17% | Not available |
| Expense ratio (Regular) | 1.11% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | Nifty 200 TRI |
| Launch date | 12-07-2024 | 25-02-2025 |
| Minimum investment | ₹100 | ₹500 |
| Lock in | None | None |
| Fund managers | Nandik Malik, Rohit Gautam | Nikhil Satam, Aakash Chauhan, Shashi Kumar |
| Exit load | Exit load of 0.25%, if redeemed within 15 days. | Nil |
Axis Nifty 500 Index vs Groww NIFTY 200 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 |
|---|---|---|---|---|---|---|---|
| Axis Nifty 500 Index Fund (Direct) | −0.76% | −6.09% | −2.91% | −7.64% | -- | -- | -- |
| Groww NIFTY 200 ETF | +0.13% | −6.00% | −3.35% | −8.21% | -- | -- | -- |
Axis Nifty 500 Index vs Groww NIFTY 200 ETF: Year-wise Returns
| Year | Axis Nifty 500 IndexAxis Nifty 500 Index | Groww NIFTY 200 ETFGroww NIFTY 200 ETF |
|---|---|---|
| 2026to date | −7.79% | −8.79% |
| 2025 | +7.73% | -- |
Axis Nifty 500 Index vs Groww NIFTY 200 ETF: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Axis Nifty 500 Index Fund
Rolling returns
Every 1-year holding period, 166 of them, one for each trading day from 27-02-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Axis Nifty 500 Index Fund (Direct)
Groww NIFTY 200 ETF
Nifty 500 TRI
to
Mar 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Nifty 500 Index | 40.4 | 38.0 | 16.9 | 3.0 | 1.8 | 0.0 | 0.0 | 1.5% | 0.8% | −9.3% | 17.5% | 0% |
| Groww NIFTY 200 ETF | 46.3 | 37.8 | 11.6 | 3.7 | 0.6 | 0.0 | 0.0 | 0.8% | 0.3% | −9.9% | 15.6% | 1% |
| Nifty 500 TRI | 35.5 | 40.4 | 19.3 | 3.0 | 1.8 | 0.0 | 0.0 | 1.8% | 1.1% | −9.0% | 17.6% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 27-02-2025. Past returns do not promise future returns.
Axis Nifty 500 Index vs Groww NIFTY 200 ETF: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 03-02-2025 to 30-10-2026: 21 instalments, ₹2,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis Nifty 500 IndexAxis Nifty 500 Index Fund (Direct) | ₹2,10,000 | ₹2,05,219 | −₹4,781 | −2.5% |
| Groww NIFTY 200 ETFGroww NIFTY 200 ETF | ₹2,10,000 | ₹2,04,546 | −₹5,454 | −2.9% |
Axis Nifty 500 IndexAxis Nifty 500 Index Fund (Direct)
Groww NIFTY 200 ETFGroww NIFTY 200 ETF
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Axis Nifty 500 Index vs Groww NIFTY 200 ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Nifty 500 Index Fund (Direct) | Groww NIFTY 200 ETF |
|---|---|---|
| Return (CAGR) | −7.64% | −8.21% |
| Standard deviation | 14.37% | 14.33% |
| Sharpe ratio | -0.90 | -0.94 |
| Sortino ratio | -1.19 | -1.24 |
| Maximum drawdown | −14.9% (30-03-2026) | −14.8% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.31% | −0.38% |
From daily NAVs, 30-10-2025 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.
| Measure | Axis Nifty 500 Index Fund (Direct) | Groww NIFTY 200 ETF |
|---|---|---|
| Return (CAGR) | −1.76% | +4.51% |
| Standard deviation | 14.00% | 13.84% |
| Sharpe ratio | -0.54 | -0.07 |
| Sortino ratio | -0.72 | -0.09 |
| Maximum drawdown | −18.6% (28-02-2025) | −14.8% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.20% | −0.43% |
From daily NAVs, 16-07-2024 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.
Axis Nifty 500 Index Fund (Direct)
Groww NIFTY 200 ETF
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Nifty 500 Index Fund (Direct) | −14.9% | 02-01-2026 | 30-03-2026 | Not yet | -- | −8.7% |
| Groww NIFTY 200 ETF | −14.8% | 02-01-2026 | 31-03-2026 | Not yet | -- | −9.7% |
| Nifty 500 TRI | −14.7% | 02-01-2026 | 30-03-2026 | Not yet | -- | −8.4% |
From daily values since 27-02-2025, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Nifty 500 Index Fund (Direct)
Groww NIFTY 200 ETF
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Axis Nifty 500 Index Fund (Direct) | 100% | 101% | 0.13% |
| Groww NIFTY 200 ETF | 94% | 98% | 1.47% |
From month-end values since 27-02-2025. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Axis Nifty 500 Index vs Groww NIFTY 200 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Nifty 500 Index Fund, September 2026; Groww NIFTY 200 ETF, September 2026
Holdings in common
- Overlap
- 84.3%
- Held by both
- 200
- Only in Axis Nifty 500 Index
- 300
- Only in Groww NIFTY 200 ETF
- 0
| Security | % of Axis Nifty 500 Index | % of Groww NIFTY 200 ETF |
|---|---|---|
| HDFC Bank Limited | 5.67% | 6.72% |
| ICICI Bank Limited | 4.94% | 5.86% |
| Reliance Industries Limited | 4.14% | 4.91% |
| Bharti Airtel Limited | 2.79% | 3.31% |
| Larsen & Toubro Limited | 2.30% | 2.72% |
| State Bank of India | 2.07% | 2.45% |
| Axis Bank Limited | 1.84% | 2.18% |
| Infosys Limited | 1.83% | 2.17% |
| Kotak Mahindra Bank Limited | 1.60% | 1.90% |
| Mahindra & Mahindra Limited | 1.37% | 1.63% |
| Bajaj Finance Limited | 1.37% | 1.62% |
| ITC Limited | 1.32% | 1.57% |
| Eternal Limited | 1.21% | 1.43% |
| Tata Consultancy Services Limited | 1.09% | 1.29% |
| Sun Pharmaceutical Industries Limited | 1.00% | 1.19% |
| Titan Company Limited | 0.99% | 1.17% |
| Hindustan Unilever Limited | 0.87% | 1.03% |
| Maruti Suzuki India Limited | 0.81% | 0.96% |
| Tata Steel Limited | 0.80% | 0.95% |
| NTPC Limited | 0.80% | 0.95% |
| Adani Ports and Special Economic Zone Limited | 0.74% | 0.87% |
| Bharat Electronics Limited | 0.73% | 0.86% |
| Shriram Finance Limited | 0.72% | 0.85% |
| Hindalco Industries Limited | 0.71% | 0.84% |
| UltraTech Cement Limited | 0.68% | 0.80% |
| HCL Technologies Limited | 0.68% | 0.80% |
| BSE Limited | 0.66% | 0.78% |
| JSW Steel Limited | 0.63% | 0.75% |
| Divi's Laboratories Limited | 0.62% | 0.73% |
| Power Grid Corporation of India Limited | 0.62% | 0.73% |
| Bajaj Auto Limited | 0.62% | 0.73% |
| Grasim Industries Limited | 0.60% | 0.71% |
| InterGlobe Aviation Limited | 0.59% | 0.70% |
| Asian Paints Limited | 0.57% | 0.67% |
| Coal India Limited | 0.53% | 0.63% |
| Bajaj Finserv Limited | 0.52% | 0.62% |
| Eicher Motors Limited | 0.51% | 0.61% |
| Adani Enterprises Limited | 0.51% | 0.61% |
| TVS Motor Company Limited | 0.50% | 0.60% |
| Tech Mahindra Limited | 0.50% | 0.60% |
| Nestle India Limited | 0.49% | 0.58% |
| Hindustan Aeronautics Limited | 0.46% | 0.55% |
| Tata Motors Ltd | 0.46% | 0.55% |
| Oil & Natural Gas Corporation Limited | 0.46% | 0.54% |
| Trent Limited | 0.45% | 0.54% |
| Apollo Hospitals Enterprise Limited | 0.44% | 0.51% |
| Multi Commodity Exchange of India Limited | 0.44% | 0.52% |
| Adani Power Limited | 0.44% | 0.53% |
| The Federal Bank Limited | 0.41% | 0.48% |
| Cipla Limited | 0.40% | 0.47% |
| SBI Life Insurance Company Limited | 0.40% | 0.47% |
| Laurus Labs Limited | 0.40% | 0.48% |
| Dr. Reddy's Laboratories Limited | 0.39% | 0.46% |
| Samvardhana Motherson International Limited | 0.38% | 0.45% |
| One 97 Communications Limited | 0.38% | 0.45% |
| Cholamandalam Investment and Finance Company Ltd | 0.37% | 0.43% |
| Vedanta Aluminium Metal Limited | 0.37% | 0.43% |
| Torrent Pharmaceuticals Limited | 0.37% | 0.43% |
| Jio Financial Services Limited | 0.37% | 0.44% |
| Max Healthcare Institute Limited | 0.36% | 0.43% |
| Hero MotoCorp Limited | 0.35% | 0.42% |
| Cummins India Limited | 0.34% | 0.40% |
| The Indian Hotels Company Limited | 0.33% | 0.40% |
| Bharat Petroleum Corporation Limited | 0.32% | 0.38% |
| Tata Consumer Products Limited | 0.32% | 0.38% |
| Avenue Supermarts Limited | 0.32% | 0.38% |
| Bharat Heavy Electricals Limited | 0.32% | 0.37% |
| Coforge Limited | 0.32% | 0.38% |
| CG Power and Industrial Solutions Limited | 0.31% | 0.36% |
| IndusInd Bank Limited | 0.31% | 0.37% |
| Tata Motors Passenger Vehicles Limited | 0.31% | 0.37% |
| Varun Beverages Limited | 0.31% | 0.37% |
| Tata Power Company Limited | 0.31% | 0.37% |
| AU Small Finance Bank Limited | 0.31% | 0.36% |
| Britannia Industries Limited | 0.30% | 0.35% |
| Persistent Systems Limited | 0.30% | 0.35% |
| HDFC Life Insurance Company Limited | 0.29% | 0.35% |
| IDFC First Bank Limited | 0.28% | 0.33% |
| Bharat Forge Limited | 0.28% | 0.33% |
| Dixon Technologies (India) Limited | 0.28% | 0.33% |
| GE Vernova T&D India Limited | 0.27% | 0.32% |
| Life Insurance Corporation Of India | 0.26% | 0.31% |
| Indian Oil Corporation Limited | 0.26% | 0.31% |
| Lupin Limited | 0.26% | 0.31% |
| Lenskart Solutions Limited | 0.26% | 0.31% |
| Suzlon Energy Limited | 0.25% | 0.30% |
| Indus Towers Limited | 0.25% | 0.30% |
| Power Finance Corporation Limited | 0.25% | 0.29% |
| Solar Industries India Limited | 0.25% | 0.29% |
| Info Edge (India) Limited | 0.25% | 0.29% |
| Bajaj Holdings & Investment Limited | 0.24% | 0.29% |
| HDFC Asset Management Company Limited | 0.24% | 0.29% |
| GAIL (India) Limited | 0.24% | 0.28% |
| Vedanta Limited | 0.24% | 0.28% |
| Pidilite Industries Limited | 0.24% | 0.28% |
| Aurobindo Pharma Limited | 0.24% | 0.29% |
| Ashok Leyland Limited | 0.23% | 0.27% |
| DLF Limited | 0.23% | 0.27% |
| FSN E-Commerce Ventures Limited | 0.23% | 0.27% |
| Bank of Baroda | 0.22% | 0.26% |
| Wipro Limited | 0.22% | 0.27% |
| Marico Limited | 0.22% | 0.26% |
| Adani Green Energy Limited | 0.22% | 0.26% |
| Polycab India Limited | 0.22% | 0.26% |
| Jindal Steel Limited | 0.22% | 0.26% |
| Adani Energy Solutions Limited | 0.22% | 0.26% |
| Fortis Healthcare Limited | 0.21% | 0.25% |
| Bosch Limited | 0.21% | 0.24% |
| Canara Bank | 0.21% | 0.25% |
| APL Apollo Tubes Limited | 0.21% | 0.25% |
| United Spirits Limited | 0.21% | 0.25% |
| Swiggy Limited | 0.20% | 0.23% |
| Hitachi Energy India Limited | 0.20% | 0.23% |
| Punjab National Bank | 0.20% | 0.24% |
| LTM Limited | 0.20% | 0.23% |
| PB Fintech Limited | 0.20% | 0.23% |
| ICICI Lombard General Insurance Company Limited | 0.20% | 0.24% |
| REC Limited | 0.19% | 0.23% |
| ABB India Limited | 0.19% | 0.22% |
| Max Financial Services Limited | 0.19% | 0.22% |
| The Phoenix Mills Limited | 0.19% | 0.22% |
| Yes Bank Limited | 0.19% | 0.23% |
| SRF Limited | 0.19% | 0.22% |
| Vodafone Idea Limited | 0.19% | 0.22% |
| Hindustan Petroleum Corporation Limited | 0.18% | 0.21% |
| Godrej Consumer Products Limited | 0.18% | 0.21% |
| Lodha Developers Limited | 0.18% | 0.21% |
| Glenmark Pharmaceuticals Limited | 0.18% | 0.22% |
| Radico Khaitan Limited | 0.18% | 0.21% |
| Siemens Limited | 0.17% | 0.20% |
| Apar Industries Limited | 0.17% | 0.20% |
| Aditya Birla Capital Limited | 0.17% | 0.20% |
| Union Bank of India | 0.17% | 0.20% |
| GMR Airports Limited | 0.17% | 0.20% |
| JSW Energy Limited | 0.16% | 0.19% |
| National Aluminium Company Limited | 0.16% | 0.19% |
| UPL Limited | 0.16% | 0.19% |
| Zydus Lifesciences Limited | 0.15% | 0.18% |
| Vishal Mega Mart Limited | 0.15% | 0.18% |
| Hyundai Motor India Ltd | 0.15% | 0.18% |
| Siemens Energy India Limited | 0.15% | 0.17% |
| Mphasis Limited | 0.15% | 0.18% |
| Muthoot Finance Limited | 0.15% | 0.18% |
| Indian Bank | 0.15% | 0.18% |
| Mankind Pharma Limited | 0.15% | 0.18% |
| Billionbrains Garage Ventures Ltd | 0.14% | 0.16% |
| Steel Authority of India Limited | 0.14% | 0.16% |
| Hindustan Zinc Limited | 0.14% | 0.17% |
| 360 One WAM Limited | 0.14% | 0.17% |
| NMDC Limited | 0.14% | 0.16% |
| NHPC Limited | 0.14% | 0.17% |
| KEI Industries Limited | 0.14% | 0.17% |
| Havells India Limited | 0.13% | 0.16% |
| Voltas Limited | 0.13% | 0.15% |
| Oil India Limited | 0.13% | 0.15% |
| Biocon Limited | 0.13% | 0.16% |
| Prestige Estates Projects Limited | 0.13% | 0.15% |
| Oracle Financial Services Software Limited | 0.13% | 0.16% |
| Tube Investments of India Limited | 0.13% | 0.16% |
| Dabur India Limited | 0.12% | 0.14% |
| Ambuja Cements Limited | 0.12% | 0.14% |
| Supreme Industries Limited | 0.12% | 0.14% |
| Colgate Palmolive (India) Limited | 0.12% | 0.14% |
| Waaree Energies Limited | 0.12% | 0.14% |
| L&T Finance Limited | 0.12% | 0.14% |
| Page Industries Limited | 0.12% | 0.14% |
| Oberoi Realty Limited | 0.11% | 0.13% |
| Meesho Ltd | 0.11% | 0.13% |
| Kalyan Jewellers India Limited | 0.11% | 0.13% |
| Godrej Properties Limited | 0.11% | 0.14% |
| Mahindra & Mahindra Financial Services Limited | 0.11% | 0.13% |
| Tata Communications Limited | 0.10% | 0.12% |
| Exide Industries Limited | 0.10% | 0.12% |
| ICICI Prudential Asset Management Company Limited | 0.10% | 0.11% |
| Blue Star Limited | 0.10% | 0.12% |
| Hindustan Copper Limited | 0.10% | 0.11% |
| PI Industries Limited | 0.10% | 0.11% |
| Astral Limited | 0.09% | 0.10% |
| SBI Cards and Payment Services Limited | 0.09% | 0.11% |
| Indian Railway Finance Corporation Limited | 0.09% | 0.11% |
| LG Electronics India Ltd | 0.09% | 0.11% |
| Adani Total Gas Limited | 0.09% | 0.10% |
| Jubilant Foodworks Limited | 0.09% | 0.11% |
| Tata Capital Limited | 0.09% | 0.11% |
| Bank of India | 0.08% | 0.10% |
| Container Corporation of India Limited | 0.08% | 0.10% |
| LIC Housing Finance Limited | 0.08% | 0.10% |
| Mazagon Dock Shipbuilders Limited | 0.08% | 0.10% |
| Motilal Oswal Financial Services Limited | 0.08% | 0.10% |
| Bank of Maharashtra | 0.08% | 0.10% |
| MRF Limited | 0.13% | 0.08% |
| Premier Energies Limited | 0.07% | 0.08% |
| Indian Railway Catering And Tourism Corporation Limited | 0.07% | 0.09% |
| Patanjali Foods Limited | 0.07% | 0.08% |
| Cochin Shipyard Limited | 0.07% | 0.08% |
| Rail Vikas Nigam Limited | 0.06% | 0.07% |
| Bharat Dynamics Limited | 0.05% | 0.06% |
| Indian Renewable Energy Development Agency Limited | 0.05% | 0.05% |
| NLC India Limited | 0.05% | 0.06% |
| Godfrey Phillips India Limited | 0.04% | 0.05% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 84.3% means 84.3% 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 Axis Nifty 500 Index Fund
| Security | % of fund |
|---|---|
| Embassy Office Parks REIT | 0.20% |
| Sona BLW Precision Forgings Limited | 0.19% |
| Welspun Corp Limited | 0.19% |
| Karur Vysya Bank Limited | 0.16% |
| Navin Fluorine International Limited | 0.16% |
Largest holdings only in Groww NIFTY 200 ETF
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Nifty 500 Index | Groww NIFTY 200 ETF |
|---|---|---|
| Equity | 99.8% | 99.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.2% | 0.1% |
Market cap of stocks
| Market cap | Axis Nifty 500 Index | Groww NIFTY 200 ETF |
|---|---|---|
| Large Cap | 67.2% | 79.6% |
| Mid Cap | 20.9% | 19.9% |
| Small Cap | 11.6% | 0.3% |
| Not on AMFI's list | 0.1% | 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 | Axis Nifty 500 Index | Groww NIFTY 200 ETF |
|---|---|---|
| Banks | 19.3% | 22.2% |
| Finance | 6.5% | 5.9% |
| IT - Software | 5.7% | 6.4% |
| Petroleum Products | 5.0% | 5.8% |
| Pharmaceuticals & Biotechnology | 5.8% | 5.1% |
| Automobiles | 4.9% | 5.5% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Nifty 500 Index vs Groww NIFTY 200 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Nifty 500 Index Fund | Groww NIFTY 200 ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.17% | Not available |
| Base expense ratio (Direct) | 0.09% | 0.35% |
| Total expense ratio (Regular) | 1.11% | Not available |
| Base expense ratio (Regular) | 0.90% | 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.
Axis Nifty 500 Index Fund vs Groww NIFTY 200 ETF: Frequently Asked Questions
What is the difference between Axis Nifty 500 Index Fund and Groww NIFTY 200 ETF?
Axis Nifty 500 Index Fund is an Index fund, Groww NIFTY 200 ETF is an ETF fund, run by Axis Mutual Fund and Groww Mutual Fund. Their portfolios overlap 84.3%. Axis Nifty 500 Index Fund charges 0.17% a year and Groww NIFTY 200 ETF 0.43%.
Which has given higher returns, Axis Nifty 500 Index Fund or Groww NIFTY 200 ETF?
Over 1 year: Axis Nifty 500 Index Fund −7.64%, Groww NIFTY 200 ETF −8.21%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis Nifty 500 Index Fund or Groww NIFTY 200 ETF?
Axis Nifty 500 Index Fund charges less: 0.17% a year against 0.43%. These are the total expense ratios reported to AMFI.
How much do Axis Nifty 500 Index Fund and Groww NIFTY 200 ETF overlap?
84.3%. They hold 200 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Axis Nifty 500 Index Fund or Groww NIFTY 200 ETF?
On SEBI's riskometer, Axis Nifty 500 Index Fund is rated Very High and Groww NIFTY 200 ETF Very High. Over 1 years, the standard deviation of daily returns was 14.37% and 14.33% a year.
Can I invest in both Axis Nifty 500 Index Fund and Groww NIFTY 200 ETF?
Yes. 84.3% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Axis Nifty 500 Index Fund and Groww NIFTY 200 ETF?
Axis Nifty 500 Index Fund: Nandik Malik, Rohit Gautam. Groww NIFTY 200 ETF: Nikhil Satam, Aakash Chauhan, 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.