Axis Nifty 500 Index Fund vs Groww Nifty Total Market Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Nifty 500 Index Fund is an Index fund and Groww Nifty Total Market Index Fund is an Index fund. In the year to 30-10-2026, Axis Nifty 500 Index Fund (Direct) returned −7.6% and Groww Nifty Total Market Index Fund (Direct) returned −7.5%. Axis Nifty 500 Index Fund charges 0.17% a year and Groww Nifty Total Market Index Fund 0.66% (Direct plans). Their portfolios overlap 95.4%: they hold 500 of the same securities.
Axis Nifty 500 Index Fund
Index
- 1 year return
- −7.6%
- Expense ratio
- 0.17%
- NAV
- ₹9.63
Groww Nifty Total Market Index Fund
Index
- 1 year return
- −7.5%
- Expense ratio
- 0.66%
- NAV
- ₹13.19
Which is better, Axis Nifty 500 Index or Groww Nifty Total Market Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Groww Nifty Total Market Index returned more over 1 year: −7.5% against −7.6%.
- Axis Nifty 500 Index costs less: 0.17% a year against 0.66% (Direct plans).
- Axis Nifty 500 Index fell less in its worst fall since 16-07-2024: −18.6% against −18.9%.
- Groww Nifty Total Market Index is the larger fund: ₹355 Cr against ₹314 Cr.
- Their portfolios overlap 95.4%: 500 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 Total Market Index Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Groww Mutual Fund |
| Category | Index | Index |
| AUM | ₹314 Cr (30-09-2026) | ₹355 Cr (30-09-2026) |
| NAV | ₹9.63 (Direct) | ₹13.19 (Direct) |
| Expense ratio (Direct) | 0.17% | 0.66% |
| Expense ratio (Regular) | 1.11% | 1.09% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | Nifty Total Market TRI |
| Launch date | 12-07-2024 | 25-10-2023 |
| 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. | • 0.25% if redeemed/ switched out within 7 Days from the date of allotment. • Nil - if redeemed/ switched out after 7 Days from the date of allotment |
Axis Nifty 500 Index vs Groww Nifty Total Market Index: 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 Total Market Index Fund (Direct) | −1.17% | −6.08% | −2.83% | −7.50% | +9.72% | -- | -- |
Axis Nifty 500 Index vs Groww Nifty Total Market Index: Year-wise Returns
| Year | Axis Nifty 500Axis Nifty 500 Index | Groww Nifty Total MarketGroww Nifty Total Market Index |
|---|---|---|
| 2026to date | −7.79% | −7.42% |
| 2025 | +7.73% | +6.66% |
| 2024 | -- | +16.13% |
Axis Nifty 500 Index vs Groww Nifty Total Market Index: 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, 322 of them, one for each trading day from 16-07-2025 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 Total Market Index Fund (Direct)
Nifty 500 TRI
to
Aug 2025Nov 2024
to
Nov 2025Jan 2025
to
Jan 2026Apr 2025
to
Apr 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 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 | 35.4 | 30.4 | 24.8 | 7.5 | 1.9 | 0.0 | 0.0 | 2.8% | 2.0% | −9.3% | 17.5% | 0% |
| Groww Nifty Total Market Index | 37.2 | 30.3 | 25.6 | 6.0 | 0.9 | 0.0 | 0.0 | 2.4% | 1.7% | −9.0% | 15.1% | 6% |
| Nifty 500 TRI | 32.6 | 31.7 | 26.4 | 7.1 | 2.2 | 0.0 | 0.0 | 2.9% | 2.1% | −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 16-07-2024. Past returns do not promise future returns.
Axis Nifty 500 Index vs Groww Nifty Total Market Index: 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 16-07-2024 to 30-10-2026: 28 instalments, ₹2,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis Nifty 500 IndexAxis Nifty 500 Index Fund (Direct) | ₹2,80,000 | ₹2,72,316 | −₹7,684 | −2.3% |
| Groww Nifty Total Market IndexGroww Nifty Total Market Index Fund (Direct) | ₹2,80,000 | ₹2,72,324 | −₹7,676 | −2.3% |
Axis Nifty 500 IndexAxis Nifty 500 Index Fund (Direct)
Groww Nifty Total Market IndexGroww Nifty Total Market Index Fund (Direct)
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 Total Market Index: 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 Total Market Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.64% | −7.50% |
| Standard deviation | 14.37% | 14.53% |
| Sharpe ratio | -0.90 | -0.88 |
| Sortino ratio | -1.19 | -1.17 |
| Maximum drawdown | −14.9% (30-03-2026) | −14.9% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.31% | −0.49% |
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 Total Market Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.76% | +9.83% |
| Standard deviation | 14.00% | 14.35% |
| Sharpe ratio | -0.54 | 0.27 |
| Sortino ratio | -0.72 | 0.36 |
| Maximum drawdown | −18.6% (28-02-2025) | −18.9% (28-02-2025) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.20% | −0.67% |
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 Total Market Index Fund (Direct)
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) | −18.6% | 26-09-2024 | 28-02-2025 | Not yet | -- | −9.2% |
| Groww Nifty Total Market Index Fund (Direct) | −18.9% | 26-09-2024 | 28-02-2025 | Not yet | -- | −9.6% |
| Nifty 500 TRI | −18.6% | 26-09-2024 | 28-02-2025 | Not yet | -- | −8.8% |
From daily values since 16-07-2024, 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 Total Market Index Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Axis Nifty 500 Index Fund (Direct) | 99% | 100% | 0.12% |
| Groww Nifty Total Market Index Fund (Direct) | 100% | 102% | 0.57% |
From month-end values since 16-07-2024. 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 Total Market Index: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Nifty 500 Index Fund, September 2026; Groww Nifty Total Market Index Fund, September 2026
Holdings in common
- Overlap
- 95.4%
- Held by both
- 500
- Only in Axis Nifty 500 Index
- 0
- Only in Groww Nifty Total Market Index
- 255
| Security | % of Axis Nifty 500 Index | % of Groww Nifty Total Market Index |
|---|---|---|
| HDFC Bank Limited | 5.67% | 5.41% |
| ICICI Bank Limited | 4.94% | 4.72% |
| Reliance Industries Limited | 4.14% | 3.95% |
| Bharti Airtel Limited | 2.79% | 2.66% |
| Larsen & Toubro Limited | 2.30% | 2.19% |
| State Bank of India | 2.07% | 1.97% |
| Axis Bank Limited | 1.84% | 1.75% |
| Infosys Limited | 1.83% | 1.75% |
| Kotak Mahindra Bank Limited | 1.60% | 1.53% |
| Mahindra & Mahindra Limited | 1.37% | 1.31% |
| Bajaj Finance Limited | 1.37% | 1.30% |
| ITC Limited | 1.32% | 1.26% |
| Eternal Limited | 1.21% | 1.15% |
| Tata Consultancy Services Limited | 1.09% | 1.04% |
| Sun Pharmaceutical Industries Limited | 1.00% | 0.96% |
| Titan Company Limited | 0.99% | 0.94% |
| Hindustan Unilever Limited | 0.87% | 0.83% |
| Maruti Suzuki India Limited | 0.81% | 0.77% |
| NTPC Limited | 0.80% | 0.76% |
| Tata Steel Limited | 0.80% | 0.76% |
| Adani Ports and Special Economic Zone Limited | 0.74% | 0.70% |
| Bharat Electronics Limited | 0.73% | 0.69% |
| Shriram Finance Limited | 0.72% | 0.69% |
| Hindalco Industries Limited | 0.71% | 0.68% |
| UltraTech Cement Limited | 0.68% | 0.65% |
| HCL Technologies Limited | 0.68% | 0.65% |
| BSE Limited | 0.66% | 0.63% |
| JSW Steel Limited | 0.63% | 0.60% |
| Bajaj Auto Limited | 0.62% | 0.59% |
| Divi's Laboratories Limited | 0.62% | 0.59% |
| Power Grid Corporation of India Limited | 0.62% | 0.59% |
| Grasim Industries Limited | 0.60% | 0.58% |
| InterGlobe Aviation Limited | 0.59% | 0.56% |
| Asian Paints Limited | 0.57% | 0.54% |
| Coal India Limited | 0.53% | 0.51% |
| Bajaj Finserv Limited | 0.52% | 0.50% |
| Eicher Motors Limited | 0.51% | 0.49% |
| Adani Enterprises Limited | 0.51% | 0.49% |
| Tech Mahindra Limited | 0.50% | 0.48% |
| TVS Motor Company Limited | 0.50% | 0.48% |
| Nestle India Limited | 0.49% | 0.47% |
| Hindustan Aeronautics Limited | 0.46% | 0.44% |
| Tata Motors Ltd | 0.46% | 0.44% |
| Oil & Natural Gas Corporation Limited | 0.46% | 0.44% |
| Trent Limited | 0.45% | 0.43% |
| Adani Power Limited | 0.44% | 0.42% |
| Multi Commodity Exchange of India Limited | 0.44% | 0.42% |
| Apollo Hospitals Enterprise Limited | 0.44% | 0.42% |
| The Federal Bank Limited | 0.41% | 0.39% |
| Laurus Labs Limited | 0.40% | 0.38% |
| SBI Life Insurance Company Limited | 0.40% | 0.38% |
| Cipla Limited | 0.40% | 0.38% |
| Dr. Reddy's Laboratories Limited | 0.39% | 0.37% |
| One 97 Communications Limited | 0.38% | 0.36% |
| Samvardhana Motherson International Limited | 0.38% | 0.36% |
| Jio Financial Services Limited | 0.37% | 0.35% |
| Torrent Pharmaceuticals Limited | 0.37% | 0.35% |
| Cholamandalam Investment and Finance Company Ltd | 0.37% | 0.35% |
| Vedanta Aluminium Metal Limited | 0.37% | 0.35% |
| Max Healthcare Institute Limited | 0.36% | 0.34% |
| Hero MotoCorp Limited | 0.35% | 0.34% |
| Cummins India Limited | 0.34% | 0.32% |
| The Indian Hotels Company Limited | 0.33% | 0.32% |
| Tata Consumer Products Limited | 0.32% | 0.31% |
| Avenue Supermarts Limited | 0.32% | 0.31% |
| Coforge Limited | 0.32% | 0.30% |
| Bharat Petroleum Corporation Limited | 0.32% | 0.30% |
| Bharat Heavy Electricals Limited | 0.32% | 0.30% |
| Tata Power Company Limited | 0.31% | 0.30% |
| IndusInd Bank Limited | 0.31% | 0.30% |
| Tata Motors Passenger Vehicles Limited | 0.31% | 0.30% |
| Varun Beverages Limited | 0.31% | 0.29% |
| AU Small Finance Bank Limited | 0.31% | 0.29% |
| CG Power and Industrial Solutions Limited | 0.31% | 0.29% |
| Persistent Systems Limited | 0.30% | 0.29% |
| Britannia Industries Limited | 0.30% | 0.28% |
| HDFC Life Insurance Company Limited | 0.29% | 0.28% |
| Dixon Technologies (India) Limited | 0.28% | 0.27% |
| IDFC First Bank Limited | 0.28% | 0.27% |
| Bharat Forge Limited | 0.28% | 0.27% |
| GE Vernova T&D India Limited | 0.27% | 0.26% |
| Indian Oil Corporation Limited | 0.26% | 0.25% |
| Lenskart Solutions Limited | 0.26% | 0.25% |
| Life Insurance Corporation Of India | 0.26% | 0.25% |
| Lupin Limited | 0.26% | 0.25% |
| Suzlon Energy Limited | 0.25% | 0.24% |
| Indus Towers Limited | 0.25% | 0.24% |
| Solar Industries India Limited | 0.25% | 0.24% |
| Power Finance Corporation Limited | 0.25% | 0.24% |
| Info Edge (India) Limited | 0.25% | 0.24% |
| Bajaj Holdings & Investment Limited | 0.24% | 0.23% |
| HDFC Asset Management Company Limited | 0.24% | 0.23% |
| Aurobindo Pharma Limited | 0.24% | 0.23% |
| GAIL (India) Limited | 0.24% | 0.23% |
| Vedanta Limited | 0.24% | 0.23% |
| Pidilite Industries Limited | 0.24% | 0.23% |
| Ashok Leyland Limited | 0.23% | 0.22% |
| FSN E-Commerce Ventures Limited | 0.23% | 0.22% |
| DLF Limited | 0.23% | 0.22% |
| Wipro Limited | 0.22% | 0.21% |
| Adani Energy Solutions Limited | 0.22% | 0.21% |
| Polycab India Limited | 0.22% | 0.21% |
| Adani Green Energy Limited | 0.22% | 0.21% |
| Bank of Baroda | 0.22% | 0.21% |
| Jindal Steel Limited | 0.22% | 0.21% |
| Marico Limited | 0.22% | 0.21% |
| Bosch Limited | 0.21% | 0.20% |
| Canara Bank | 0.21% | 0.20% |
| Fortis Healthcare Limited | 0.21% | 0.20% |
| United Spirits Limited | 0.21% | 0.20% |
| APL Apollo Tubes Limited | 0.21% | 0.20% |
| Hitachi Energy India Limited | 0.20% | 0.19% |
| Punjab National Bank | 0.20% | 0.19% |
| ICICI Lombard General Insurance Company Limited | 0.20% | 0.19% |
| Embassy Office Parks REIT | 0.20% | 0.19% |
| PB Fintech Limited | 0.20% | 0.19% |
| Swiggy Limited | 0.20% | 0.19% |
| LTM Limited | 0.20% | 0.19% |
| REC Limited | 0.19% | 0.19% |
| Sona BLW Precision Forgings Limited | 0.19% | 0.19% |
| Yes Bank Limited | 0.19% | 0.18% |
| Max Financial Services Limited | 0.19% | 0.18% |
| The Phoenix Mills Limited | 0.19% | 0.18% |
| SRF Limited | 0.19% | 0.18% |
| Vodafone Idea Limited | 0.19% | 0.18% |
| Welspun Corp Limited | 0.19% | 0.18% |
| ABB India Limited | 0.19% | 0.18% |
| Glenmark Pharmaceuticals Limited | 0.18% | 0.17% |
| Radico Khaitan Limited | 0.18% | 0.17% |
| Godrej Consumer Products Limited | 0.18% | 0.17% |
| Lodha Developers Limited | 0.18% | 0.17% |
| Hindustan Petroleum Corporation Limited | 0.18% | 0.17% |
| Union Bank of India | 0.17% | 0.16% |
| GMR Airports Limited | 0.17% | 0.16% |
| Siemens Limited | 0.17% | 0.16% |
| Aditya Birla Capital Limited | 0.17% | 0.16% |
| Apar Industries Limited | 0.17% | 0.16% |
| Alkem Laboratories Limited | 0.16% | 0.15% |
| Karur Vysya Bank Limited | 0.16% | 0.15% |
| National Aluminium Company Limited | 0.16% | 0.15% |
| Navin Fluorine International Limited | 0.16% | 0.15% |
| JSW Energy Limited | 0.16% | 0.15% |
| UPL Limited | 0.16% | 0.15% |
| Sundaram Finance Limited | 0.16% | 0.15% |
| Shree Cement Limited | 0.16% | 0.15% |
| Muthoot Finance Limited | 0.15% | 0.15% |
| Hyundai Motor India Ltd | 0.15% | 0.14% |
| Zydus Lifesciences Limited | 0.15% | 0.14% |
| Mphasis Limited | 0.15% | 0.14% |
| Indian Bank | 0.15% | 0.14% |
| Mankind Pharma Limited | 0.15% | 0.14% |
| Vishal Mega Mart Limited | 0.15% | 0.14% |
| Siemens Energy India Limited | 0.15% | 0.14% |
| KEI Industries Limited | 0.14% | 0.14% |
| NHPC Limited | 0.14% | 0.14% |
| Hindustan Zinc Limited | 0.14% | 0.14% |
| Ather Energy Limited | 0.14% | 0.13% |
| 360 One WAM Limited | 0.14% | 0.13% |
| IPCA Laboratories Limited | 0.14% | 0.13% |
| Piramal Finance Limited | 0.14% | 0.13% |
| Sterlite Technologies Limited | 0.14% | 0.13% |
| NMDC Limited | 0.14% | 0.13% |
| Billionbrains Garage Ventures Ltd | 0.14% | 0.13% |
| Steel Authority of India Limited | 0.14% | 0.13% |
| Biocon Limited | 0.13% | 0.13% |
| Lloyds Metals And Energy Limited | 0.13% | 0.13% |
| Havells India Limited | 0.13% | 0.13% |
| Oracle Financial Services Software Limited | 0.13% | 0.13% |
| Tube Investments of India Limited | 0.13% | 0.13% |
| Prestige Estates Projects Limited | 0.13% | 0.12% |
| RBL Bank Limited | 0.13% | 0.12% |
| MRF Limited | 0.13% | 0.12% |
| Delhivery Limited | 0.13% | 0.12% |
| Oil India Limited | 0.13% | 0.12% |
| Voltas Limited | 0.13% | 0.12% |
| Redington Limited | 0.13% | 0.12% |
| Torrent Power Limited | 0.12% | 0.12% |
| Jindal Stainless Limited | 0.12% | 0.12% |
| Ambuja Cements Limited | 0.12% | 0.12% |
| Colgate Palmolive (India) Limited | 0.12% | 0.12% |
| HFCL Limited | 0.12% | 0.12% |
| Gland Pharma Limited | 0.12% | 0.12% |
| Page Industries Limited | 0.12% | 0.11% |
| Waaree Energies Limited | 0.12% | 0.11% |
| L&T Finance Limited | 0.12% | 0.11% |
| Brookfield India Real Estate Trust | 0.12% | 0.11% |
| Central Depository Services (India) Limited | 0.12% | 0.11% |
| Dabur India Limited | 0.12% | 0.11% |
| Supreme Industries Limited | 0.12% | 0.11% |
| Godrej Properties Limited | 0.11% | 0.11% |
| City Union Bank Limited | 0.11% | 0.11% |
| Mahindra & Mahindra Financial Services Limited | 0.11% | 0.11% |
| Petronet LNG Limited | 0.11% | 0.11% |
| UNO Minda Limited | 0.11% | 0.11% |
| JSW Infrastructure Ltd | 0.11% | 0.11% |
| Kalyan Jewellers India Limited | 0.11% | 0.11% |
| JK Cement Limited | 0.11% | 0.11% |
| Sai Life Sciences Limited | 0.11% | 0.10% |
| PNB Housing Finance Limited | 0.11% | 0.10% |
| Cupid Limited | 0.11% | 0.10% |
| Coromandel International Limited | 0.11% | 0.10% |
| Meesho Ltd | 0.11% | 0.10% |
| Oberoi Realty Limited | 0.11% | 0.10% |
| Sansera Engineering Limited | 0.10% | 0.10% |
| Krishna Institute Of Medical Sciences Limited | 0.10% | 0.10% |
| Blue Star Limited | 0.10% | 0.10% |
| Tata Communications Limited | 0.10% | 0.10% |
| Anand Rathi Wealth Limited | 0.10% | 0.10% |
| Nippon Life India Asset Management Limited | 0.10% | 0.10% |
| Kirloskar Oil Engines Limited | 0.10% | 0.10% |
| Exide Industries Limited | 0.10% | 0.09% |
| PI Industries Limited | 0.10% | 0.09% |
| Aster DM Quality Care Limited | 0.10% | 0.09% |
| Gujarat Fluorochemicals Limited | 0.10% | 0.09% |
| ITC Hotels Limited | 0.10% | 0.09% |
| ICICI Prudential Asset Management Company Limited | 0.10% | 0.09% |
| Neuland Laboratories Limited | 0.10% | 0.09% |
| Hindustan Copper Limited | 0.10% | 0.09% |
| Tata Capital Limited | 0.09% | 0.09% |
| Jubilant Foodworks Limited | 0.09% | 0.09% |
| TD Power Systems Limited | 0.09% | 0.09% |
| Angel One Limited | 0.09% | 0.09% |
| Indian Railway Finance Corporation Limited | 0.09% | 0.09% |
| ICICI Prudential Life Insurance Company Limited | 0.09% | 0.09% |
| LG Electronics India Ltd | 0.09% | 0.09% |
| Bandhan Bank Limited | 0.09% | 0.09% |
| Wockhardt Limited | 0.09% | 0.09% |
| Aegis Logistics Limited | 0.09% | 0.09% |
| Manappuram Finance Limited | 0.09% | 0.09% |
| SBI Cards and Payment Services Limited | 0.09% | 0.09% |
| Acutaas Chemicals Limited | 0.09% | 0.08% |
| Balkrishna Industries Limited | 0.09% | 0.08% |
| MTAR Technologies Limited | 0.09% | 0.08% |
| Astral Limited | 0.09% | 0.08% |
| Ajanta Pharma Limited | 0.09% | 0.08% |
| Adani Total Gas Limited | 0.09% | 0.08% |
| Bank of Maharashtra | 0.08% | 0.08% |
| Computer Age Management Services Limited | 0.08% | 0.08% |
| Mazagon Dock Shipbuilders Limited | 0.08% | 0.08% |
| Himadri Speciality Chemical Limited | 0.08% | 0.08% |
| LIC Housing Finance Limited | 0.08% | 0.08% |
| Poonawalla Fincorp Limited | 0.08% | 0.08% |
| Bank of India | 0.08% | 0.08% |
| Motilal Oswal Financial Services Limited | 0.08% | 0.08% |
| Craftsman Automation Limited | 0.08% | 0.08% |
| Schaeffler India Limited | 0.08% | 0.08% |
| Kalpataru Projects International Limited | 0.08% | 0.08% |
| Dr. Lal Path Labs Limited | 0.08% | 0.08% |
| The Great Eastern Shipping Company Limited | 0.08% | 0.08% |
| Container Corporation of India Limited | 0.08% | 0.08% |
| AIA Engineering Limited | 0.08% | 0.07% |
| Amber Enterprises India Limited | 0.08% | 0.07% |
| Carborundum Universal Limited | 0.08% | 0.07% |
| Authum Investment And Infrastructure Limited | 0.08% | 0.07% |
| Abbott India Limited | 0.07% | 0.07% |
| IIFL Finance Limited | 0.07% | 0.07% |
| Syrma SGS Technology Limited | 0.07% | 0.07% |
| Indian Railway Catering And Tourism Corporation Limited | 0.07% | 0.07% |
| Cholamandalam Financial Holdings Limited | 0.07% | 0.07% |
| Crompton Greaves Consumer Electricals Limited | 0.07% | 0.07% |
| PTC Industries Limited | 0.07% | 0.07% |
| Dalmia Bharat Limited | 0.07% | 0.07% |
| Nuvama Wealth Management Limited | 0.07% | 0.07% |
| Linde India Limited | 0.07% | 0.07% |
| HDB Financial Services Limited | 0.07% | 0.07% |
| General Insurance Corporation of India | 0.07% | 0.07% |
| Thermax Limited | 0.07% | 0.07% |
| Elgi Equipments Limited | 0.07% | 0.07% |
| Apollo Tyres Limited | 0.07% | 0.07% |
| Data Patterns (India) Limited | 0.07% | 0.06% |
| Berger Paints (I) Limited | 0.07% | 0.06% |
| Piramal Pharma Limited | 0.07% | 0.06% |
| Cochin Shipyard Limited | 0.07% | 0.06% |
| Premier Energies Limited | 0.07% | 0.06% |
| Patanjali Foods Limited | 0.07% | 0.06% |
| Star Health And Allied Insurance Company Limited | 0.07% | 0.06% |
| Granules India Limited | 0.07% | 0.06% |
| Tata Technologies Limited | 0.06% | 0.06% |
| Cartrade Tech Limited | 0.06% | 0.06% |
| Narayana Hrudayalaya Limited | 0.06% | 0.06% |
| Global Health Limited | 0.06% | 0.06% |
| K.P.R. Mill Limited | 0.06% | 0.06% |
| Onesource Specialty Pharma Limited | 0.06% | 0.06% |
| Asahi India Glass Limited | 0.06% | 0.06% |
| GlaxoSmithKline Pharmaceuticals Limited | 0.06% | 0.06% |
| Rail Vikas Nigam Limited | 0.06% | 0.06% |
| Timken India Limited | 0.06% | 0.06% |
| KFin Technologies Limited | 0.06% | 0.06% |
| Finolex Cables Limited | 0.06% | 0.05% |
| Kaynes Technology India Limited | 0.06% | 0.05% |
| CRISIL Limited | 0.06% | 0.05% |
| Bharti Hexacom Limited | 0.06% | 0.05% |
| The Ramco Cements Limited | 0.06% | 0.05% |
| Home First Finance Company India Limited | 0.06% | 0.05% |
| Brigade Enterprises Limited | 0.06% | 0.05% |
| Tata Elxsi Limited | 0.06% | 0.05% |
| ZF Commercial Vehicle Control Systems India Limited | 0.06% | 0.05% |
| Sammaan Capital Limited | 0.06% | 0.05% |
| Bharat Dynamics Limited | 0.05% | 0.05% |
| Indraprastha Gas Limited | 0.05% | 0.05% |
| Kajaria Ceramics Limited | 0.05% | 0.05% |
| Deepak Nitrite Limited | 0.05% | 0.05% |
| Aditya Infotech Limited | 0.05% | 0.05% |
| Five Star Business Finance Limited | 0.05% | 0.05% |
| AWL Agri Business Limited | 0.05% | 0.05% |
| Aarti Industries Limited | 0.05% | 0.05% |
| Sagility Limited | 0.05% | 0.05% |
| Pine Labs Limited | 0.05% | 0.05% |
| Affle 3i Limited | 0.05% | 0.05% |
| Tata Chemicals Limited | 0.05% | 0.05% |
| Capri Global Capital Limited | 0.05% | 0.05% |
| Castrol India Limited | 0.05% | 0.05% |
| NLC India Limited | 0.05% | 0.05% |
| Atul Limited | 0.05% | 0.05% |
| Endurance Technologies Limited | 0.05% | 0.05% |
| Anthem Biosciences Limited | 0.05% | 0.05% |
| Amara Raja Energy & Mobility Ltd | 0.05% | 0.05% |
| Inventurus Knowledge Solutions Limited | 0.05% | 0.05% |
| Anant Raj Limited | 0.05% | 0.05% |
| Usha Martin Limited | 0.05% | 0.05% |
| Bajaj Housing Finance Limited | 0.05% | 0.05% |
| Deepak Fertilizers and Petrochemicals Corporation Limited | 0.05% | 0.05% |
| Belrise Industries Ltd. | 0.05% | 0.05% |
| Escorts Kubota Limited | 0.05% | 0.04% |
| HBL Engineering Limited | 0.05% | 0.04% |
| Netweb Technologies India Limited | 0.05% | 0.04% |
| L&T Technology Services Limited | 0.05% | 0.04% |
| Indian Renewable Energy Development Agency Limited | 0.05% | 0.04% |
| PVR INOX Limited | 0.05% | 0.04% |
| Jyoti CNC Automation Ltd | 0.05% | 0.04% |
| Acme Solar Holdings Ltd | 0.05% | 0.04% |
| NTPC Green Energy Limited | 0.05% | 0.04% |
| Motherson Sumi Wiring India Limited | 0.05% | 0.04% |
| Indian Energy Exchange Limited | 0.04% | 0.04% |
| Azad Engineering Ltd | 0.04% | 0.04% |
| Housing & Urban Development Corporation Limited | 0.04% | 0.04% |
| KPIT Technologies Limited | 0.04% | 0.04% |
| NBCC (India) Limited | 0.04% | 0.04% |
| Ola Electric Mobility Ltd | 0.04% | 0.04% |
| Cyient Limited | 0.04% | 0.04% |
| Emcure Pharmaceuticals Limited | 0.04% | 0.04% |
| Force Motors Limited | 0.04% | 0.04% |
| CESC Limited | 0.04% | 0.04% |
| Engineers India Limited | 0.04% | 0.04% |
| SPR Auto Technologies Ltd | 0.04% | 0.04% |
| Tata Investment Corporation Limited | 0.04% | 0.04% |
| Firstsource Solutions Limited | 0.04% | 0.04% |
| United Breweries Limited | 0.04% | 0.04% |
| R R Kabel Limited | 0.04% | 0.04% |
| Aptus Value Housing Finance India Limited | 0.04% | 0.04% |
| PG Electroplast Limited | 0.04% | 0.04% |
| Gabriel India Limited | 0.04% | 0.04% |
| Nava Limited | 0.04% | 0.04% |
| Godfrey Phillips India Limited | 0.04% | 0.04% |
| BEML Limited | 0.04% | 0.04% |
| Balrampur Chini Mills Limited | 0.04% | 0.04% |
| Shyam Metalics and Energy Limited | 0.04% | 0.04% |
| Emami Limited | 0.04% | 0.04% |
| Natco Pharma Limited | 0.04% | 0.04% |
| eClerx Services Limited | 0.04% | 0.04% |
| Zen Technologies Limited | 0.04% | 0.04% |
| Jaiprakash Power Ventures Limited | 0.04% | 0.04% |
| Hexaware Technologies Limited | 0.04% | 0.04% |
| Aditya Birla Sun Life AMC Limited | 0.04% | 0.04% |
| PhysicsWallah Limited | 0.04% | 0.04% |
| Cohance Lifesciences Limited | 0.04% | 0.04% |
| Ramkrishna Forgings Limited | 0.04% | 0.04% |
| ACC Limited | 0.04% | 0.04% |
| CCL Products (India) Limited | 0.04% | 0.04% |
| Honeywell Automation India Limited | 0.04% | 0.04% |
| Welspun Living Limited | 0.04% | 0.04% |
| EID Parry India Limited | 0.04% | 0.04% |
| Vijaya Diagnostic Centre Limited | 0.04% | 0.04% |
| Schneider Electric Infrastructure Limited | 0.04% | 0.04% |
| Syngene International Limited | 0.04% | 0.03% |
| Chennai Petroleum Corporation Limited | 0.04% | 0.03% |
| CreditAccess Grameen Limited | 0.04% | 0.03% |
| IRB Infrastructure Developers Limited | 0.04% | 0.03% |
| Zee Entertainment Enterprises Limited | 0.04% | 0.03% |
| CEAT Limited | 0.04% | 0.03% |
| Whirlpool of India Limited | 0.04% | 0.03% |
| Mahanagar Gas Limited | 0.03% | 0.03% |
| Inox Wind Limited | 0.03% | 0.03% |
| Chambal Fertilizers & Chemicals Limited | 0.03% | 0.03% |
| Thangamayil Jewellery Limited | 0.03% | 0.03% |
| Paradeep Phosphates Limited | 0.03% | 0.03% |
| Honasa Consumer Limited | 0.03% | 0.03% |
| Choice International Limited | 0.03% | 0.03% |
| Triveni Turbine Limited | 0.03% | 0.03% |
| The Jammu & Kashmir Bank Limited | 0.03% | 0.03% |
| Poly Medicure Limited | 0.03% | 0.03% |
| Bagmane Prime Office REIT | 0.03% | 0.03% |
| Jindal Saw Limited | 0.03% | 0.03% |
| Garden Reach Shipbuilders & Engineers Limited | 0.03% | 0.03% |
| Can Fin Homes Limited | 0.03% | 0.03% |
| Titagarh Rail Systems Limited | 0.03% | 0.03% |
| Cemindia Projects Ltd | 0.03% | 0.03% |
| Rainbow Childrens Medicare Limited | 0.03% | 0.03% |
| EIH Limited | 0.03% | 0.03% |
| Sun TV Network Limited | 0.03% | 0.03% |
| Aditya Birla Real Estate Limited | 0.03% | 0.03% |
| PCBL Chemical Limited | 0.03% | 0.03% |
| TBO Tek Limited | 0.03% | 0.03% |
| Rubicon Research Limited | 0.03% | 0.03% |
| Reliance Power Limited | 0.03% | 0.03% |
| Aether Industries Limited | 0.03% | 0.03% |
| Gillette India Limited | 0.03% | 0.03% |
| Vedanta Oil and Gas Ltd | 0.03% | 0.03% |
| Vedanta Power Ltd | 0.03% | 0.03% |
| Minda Corporation Limited | 0.03% | 0.03% |
| Intellect Design Arena Limited | 0.03% | 0.03% |
| Devyani International Limited | 0.03% | 0.03% |
| LT Foods Limited | 0.03% | 0.03% |
| Vedanta Iron And Steel Limited | 0.03% | 0.03% |
| Jubilant Ingrevia Limited | 0.03% | 0.03% |
| Urban Company Ltd. | 0.03% | 0.03% |
| Godawari Power And Ispat limited | 0.03% | 0.03% |
| Caplin Point Laboratories Limited | 0.03% | 0.03% |
| Sobha Limited | 0.03% | 0.03% |
| Vardhman Textiles Limited | 0.03% | 0.03% |
| Canara HSBC Life Insurance company Ltd | 0.03% | 0.03% |
| Sumitomo Chemical India Limited | 0.03% | 0.03% |
| Central Bank of India | 0.03% | 0.03% |
| Tenneco Clean Air India Limited | 0.03% | 0.03% |
| NCC Limited | 0.03% | 0.03% |
| Lemon Tree Hotels Limited | 0.03% | 0.03% |
| Graphite India Limited | 0.03% | 0.03% |
| Techno Electric & Engineering Company Limited | 0.03% | 0.03% |
| Action Construction Equipment Limited | 0.03% | 0.03% |
| JM Financial Limited | 0.03% | 0.02% |
| Indiamart Intermesh Limited | 0.03% | 0.02% |
| Zydus Wellness Limited | 0.03% | 0.02% |
| CIE Automotive India Limited | 0.03% | 0.02% |
| KEC International Limited | 0.03% | 0.02% |
| Aavas Financiers Limited | 0.03% | 0.02% |
| Zensar Technologies Limited | 0.03% | 0.02% |
| SJVN Limited | 0.02% | 0.02% |
| IDBI Bank Limited | 0.02% | 0.02% |
| Tejas Networks Limited | 0.02% | 0.02% |
| Gravita India Limited | 0.02% | 0.02% |
| Brainbees Solutions Ltd | 0.02% | 0.02% |
| IFCI Limited | 0.02% | 0.02% |
| Aegis Vopak Terminals Limited | 0.02% | 0.02% |
| NMDC Steel Limited | 0.02% | 0.02% |
| Shipping Corporation Of India Limited | 0.02% | 0.02% |
| Gujarat Mineral Development Corporation Limited | 0.02% | 0.02% |
| Fertilizers and Chemicals Travancore Limited | 0.02% | 0.02% |
| Emmvee Photovoltaic Power Limited | 0.02% | 0.02% |
| Elecon Engineering Company Limited | 0.02% | 0.02% |
| Godrej Industries Limited | 0.02% | 0.02% |
| Olectra Greentech Limited | 0.02% | 0.02% |
| Doms Industries Limited | 0.02% | 0.02% |
| Concord Biotech Limited | 0.02% | 0.02% |
| Sarda Energy & Minerals Limited | 0.02% | 0.02% |
| The New India Assurance Company Limited | 0.02% | 0.02% |
| Indian Overseas Bank | 0.02% | 0.02% |
| JK Tyre & Industries Limited | 0.02% | 0.02% |
| Inox India Limited | 0.02% | 0.02% |
| Clean Max Enviro Energy Solutions Limited | 0.02% | 0.02% |
| Kirloskar Brothers Limited | 0.02% | 0.02% |
| Birlasoft Limited | 0.02% | 0.02% |
| Aadhar Housing Finance Limited | 0.02% | 0.02% |
| Privi Speciality Chemicals Limited | 0.02% | 0.02% |
| KSB Limited | 0.02% | 0.02% |
| Bata India Limited | 0.02% | 0.02% |
| HEG Graphite Ltd | 0.02% | 0.02% |
| Swan Corp Limited | 0.02% | 0.02% |
| Afcons Infrastructure Limited | 0.02% | 0.02% |
| Allied Blenders And Distillers Limited | 0.02% | 0.02% |
| IRCON International Limited | 0.02% | 0.02% |
| Clean Science and Technology Limited | 0.02% | 0.02% |
| Black Box Limited | 0.02% | 0.02% |
| UTI Asset Management Company Limited | 0.02% | 0.02% |
| JSW Cement Limited | 0.02% | 0.02% |
| Fractal Analytics Ltd | 0.02% | 0.02% |
| Anupam Rasayan India Limited | 0.02% | 0.02% |
| Tega Industries Limited | 0.02% | 0.02% |
| Nuvoco Vistas Corporation Limited | 0.02% | 0.02% |
| International Gemological Institute Limited | 0.02% | 0.02% |
| Jupiter Wagons Limited | 0.02% | 0.02% |
| Prime Focus Limited | 0.02% | 0.02% |
| Mangalore Refinery and Petrochemicals Limited | 0.02% | 0.01% |
| Transformers And Rectifiers (India) Limited | 0.02% | 0.01% |
| Central Mine Planning & Design Institute Limited | 0.01% | 0.01% |
| Trident Limited | 0.01% | 0.01% |
| RailTel Corporation of India Limited | 0.01% | 0.01% |
| Jain Resource Recycling Limited | 0.01% | 0.01% |
| BLS International Services Limited | 0.01% | 0.01% |
| ITI Limited | 0.01% | 0.01% |
| RITES Limited | 0.01% | 0.01% |
| The India Cements Limited | 0.01% | 0.01% |
| UCO Bank | 0.01% | 0.01% |
| RHI Magnesita India Limited | 0.01% | 0.01% |
| Avanti Feeds Limited | 0.01% | 0.01% |
| SignatureGlobal (India) Limited | 0.01% | 0.01% |
| JBM Auto Limited | 0.01% | 0.01% |
| HEG Advanced Materials Ltd | 0.01% | 0.01% |
| Tata Teleservices (Maharashtra) Limited | 0.01% | 0.01% |
| Gallantt Ispat Limited | 0.01% | 0.01% |
| Bharat Coking Coal Limited | 0.01% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 95.4% means 95.4% 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
Every holding of this fund is also held by the other.
Largest holdings only in Groww Nifty Total Market Index Fund
| Security | % of fund |
|---|---|
| ASTRA MICROWAVE PRODUCTS LIMITED | 0.07% |
| Ujjivan Small Finance Bank Limited | 0.06% |
| Sundram Fasteners Limited | 0.06% |
| The South Indian Bank Limited | 0.06% |
| Karnataka Bank Ltd | 0.06% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Nifty 500 Index | Groww Nifty Total Market Index |
|---|---|---|
| Equity | 99.8% | 99.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.2% | 0.3% |
Market cap of stocks
| Market cap | Axis Nifty 500 Index | Groww Nifty Total Market Index |
|---|---|---|
| Large Cap | 67.2% | 64.1% |
| Mid Cap | 20.9% | 19.9% |
| Small Cap | 11.6% | 15.4% |
| Not on AMFI's list | 0.1% | 0.2% |
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 Total Market Index |
|---|---|---|
| Banks | 19.3% | 18.8% |
| Finance | 6.5% | 6.3% |
| Pharmaceuticals & Biotechnology | 5.8% | 5.8% |
| IT - Software | 5.7% | 5.5% |
| Petroleum Products | 5.0% | 4.8% |
| Automobiles | 4.9% | 4.7% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Nifty 500 Index vs Groww Nifty Total Market Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Nifty 500 Index Fund | Groww Nifty Total Market Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.17% | 0.66% |
| Base expense ratio (Direct) | 0.09% | 0.53% |
| Total expense ratio (Regular) | 1.11% | 1.09% |
| Base expense ratio (Regular) | 0.90% | 0.90% |
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 Total Market Index Fund: Frequently Asked Questions
What is the difference between Axis Nifty 500 Index Fund and Groww Nifty Total Market Index Fund?
Axis Nifty 500 Index Fund is an Index fund, Groww Nifty Total Market Index Fund is an Index fund, run by Axis Mutual Fund and Groww Mutual Fund. Their portfolios overlap 95.4%. Axis Nifty 500 Index Fund charges 0.17% a year and Groww Nifty Total Market Index Fund 0.66%.
Which has given higher returns, Axis Nifty 500 Index Fund or Groww Nifty Total Market Index Fund?
Over 1 year: Axis Nifty 500 Index Fund −7.64%, Groww Nifty Total Market Index Fund −7.50%. 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 Total Market Index Fund?
Axis Nifty 500 Index Fund charges less: 0.17% a year against 0.66%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Nifty 500 Index Fund and Groww Nifty Total Market Index Fund overlap?
95.4%. They hold 500 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 Total Market Index Fund?
On SEBI's riskometer, Axis Nifty 500 Index Fund is rated Very High and Groww Nifty Total Market Index Fund Very High. Over 1 years, the standard deviation of daily returns was 14.37% and 14.53% a year.
Can I invest in both Axis Nifty 500 Index Fund and Groww Nifty Total Market Index Fund?
Yes. 95.4% 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 Total Market Index Fund?
Axis Nifty 500 Index Fund: Nandik Malik, Rohit Gautam. Groww Nifty Total Market Index Fund: 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.