Axis Nifty500 Low Volatility 50 Index Fund vs Groww Nifty 500 Low Volatility 50 ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Axis Nifty500 Low Volatility 50 Index Fund is a mutual fund and Groww Nifty 500 Low Volatility 50 ETF is an ETF fund. Axis Nifty500 Low Volatility 50 Index Fund charges 15.55% a year and Groww Nifty 500 Low Volatility 50 ETF 0.52%. Their portfolios overlap 99.4%: they hold 50 of the same securities.
Axis Nifty500 Low Volatility 50 Index Fund
- Expense ratio
- 15.55%
- NAV
- ₹10.01
Groww Nifty 500 Low Volatility 50 ETF
ETF
- Expense ratio
- 0.52%
- NAV
- ₹9.99
Which is better, Axis Nifty500 Low Volatility 50 Index or Groww Nifty 500 Low Volatility 50 ETF? 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 500 Low Volatility 50 ETF costs less: 0.52% a year against 15.55%.
- Axis Nifty500 Low Volatility 50 Index fell less in its worst fall since 09-09-2026: −4.3% against −6.3%.
- Their portfolios overlap 99.4%: 50 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 Nifty500 Low Volatility 50 Index Fund | Groww Nifty 500 Low Volatility 50 ETF |
|---|---|---|
| Fund house | Axis Mutual Fund | Groww Mutual Fund |
| Category | Not available | ETF |
| AUM | Not available | ₹4 Cr (30-09-2026) |
| NAV | ₹10.01 (Direct) | ₹9.99 |
| Expense ratio (Direct) | 15.55% | Not available |
| Expense ratio (Regular) | 16.38% | Not available |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty 500 Low Volatility 50 TRI |
| Launch date | Not available | 13-06-2025 |
| Minimum investment | Not available | 1 Unit |
| Lock in | Not available | None |
| Fund managers | Not available | Aakash Chauhan, Nikhil Satam, Shashi Kumar |
| Exit load | Not available | Nil |
Axis Nifty500 Low Volatility 50 Index vs Groww Nifty 500 Low Volatility 50 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 Nifty500 Low Volatility 50 Index Fund (Direct) | -- | -- | -- | -- | -- | -- | -- |
| Groww Nifty 500 Low Volatility 50 ETF | +1.51% | −6.10% | −3.34% | −5.84% | -- | -- | -- |
Axis Nifty500 Low Volatility 50 Index vs Groww Nifty 500 Low Volatility 50 ETF: Year-wise Returns
| Year | Axis Nifty500 Low Volatility 50 IndexAxis Nifty500 Low Volatility 50 Index | Groww Nifty 500 Low Volatility 50 ETFGroww Nifty 500 Low Volatility 50 ETF | Nifty500 Low Volatility 50 TRI |
|---|---|---|---|
| 2026to date | -- | −6.87% | −6.63% |
Axis Nifty500 Low Volatility 50 Index vs Groww Nifty 500 Low Volatility 50 ETF: Rolling Returns
Every holding period of both funds, against Nifty500 Low Volatility 50 TRI, the benchmark of both
Axis Nifty500 Low Volatility 50 Index vs Groww Nifty 500 Low Volatility 50 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Nifty500 Low Volatility 50 Index Fund, September 2026; Groww Nifty 500 Low Volatility 50 ETF, September 2026
Holdings in common
- Overlap
- 99.4%
- Held by both
- 50
- Only in Axis Nifty500 Low Volatility 50 Index
- 0
- Only in Groww Nifty 500 Low Volatility 50 ETF
- 0
| Security | % of Axis Nifty500 Low Volatility 50 Index | % of Groww Nifty 500 Low Volatility 50 ETF |
|---|---|---|
| State Bank of India | 4.98% | 4.99% |
| Sun Pharmaceutical Industries Limited | 4.92% | 4.94% |
| Tata Consultancy Services Limited | 4.91% | 4.92% |
| NTPC Limited | 4.88% | 4.90% |
| Bharti Airtel Limited | 4.78% | 4.79% |
| Power Grid Corporation of India Limited | 4.50% | 4.52% |
| Maruti Suzuki India Limited | 4.12% | 4.11% |
| UltraTech Cement Limited | 3.99% | 3.99% |
| Divi's Laboratories Limited | 3.86% | 3.87% |
| Bajaj Auto Limited | 3.84% | 3.82% |
| Apollo Hospitals Enterprise Limited | 3.48% | 3.49% |
| Coal India Limited | 3.14% | 3.15% |
| Asian Paints Limited | 2.97% | 2.98% |
| Torrent Pharmaceuticals Limited | 2.71% | 2.72% |
| Cipla Limited | 2.63% | 2.64% |
| Oil & Natural Gas Corporation Limited | 2.61% | 2.62% |
| Dr. Reddy's Laboratories Limited | 2.30% | 2.31% |
| Tata Power Company Limited | 2.17% | 2.18% |
| Britannia Industries Limited | 2.17% | 2.17% |
| Marico Limited | 2.09% | 2.09% |
| The Federal Bank Limited | 2.06% | 2.06% |
| Eicher Motors Limited | 2.06% | 2.06% |
| TVS Motor Company Limited | 2.02% | 2.01% |
| Tech Mahindra Limited | 1.98% | 1.98% |
| HDFC Life Insurance Company Limited | 1.94% | 1.94% |
| Lupin Limited | 1.91% | 1.91% |
| Pidilite Industries Limited | 1.71% | 1.72% |
| ICICI Lombard General Insurance Company Limited | 1.34% | 1.34% |
| United Spirits Limited | 1.17% | 1.17% |
| Indian Oil Corporation Limited | 1.07% | 1.07% |
| Wipro Limited | 1.05% | 1.06% |
| Zydus Lifesciences Limited | 0.97% | 0.97% |
| Godrej Consumer Products Limited | 0.89% | 0.90% |
| Max Financial Services Limited | 0.87% | 0.87% |
| Havells India Limited | 0.72% | 0.72% |
| Dabur India Limited | 0.68% | 0.68% |
| Colgate Palmolive (India) Limited | 0.66% | 0.66% |
| Page Industries Limited | 0.64% | 0.57% |
| Castrol India Limited | 0.55% | 0.55% |
| Life Insurance Corporation Of India | 0.49% | 0.49% |
| Indian Railway Catering And Tourism Corporation Limited | 0.49% | 0.49% |
| ICICI Prudential Life Insurance Company Limited | 0.48% | 0.48% |
| Ambuja Cements Limited | 0.48% | 0.48% |
| SBI Cards and Payment Services Limited | 0.39% | 0.39% |
| PI Industries Limited | 0.38% | 0.38% |
| Star Health And Allied Insurance Company Limited | 0.36% | 0.36% |
| MRF Limited | 0.65% | 0.33% |
| Bajaj Housing Finance Limited | 0.31% | 0.31% |
| ACC Limited | 0.25% | 0.25% |
| Tata Technologies Limited | 0.21% | 0.21% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.4% means 99.4% 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 Nifty500 Low Volatility 50 Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in Groww Nifty 500 Low Volatility 50 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 Nifty500 Low Volatility 50 Index | Groww Nifty 500 Low Volatility 50 ETF |
|---|---|---|
| Equity | 99.8% | 99.6% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.2% | 0.4% |
Market cap of stocks
| Market cap | Axis Nifty500 Low Volatility 50 Index | Groww Nifty 500 Low Volatility 50 ETF |
|---|---|---|
| Large Cap | 80.3% | 80.5% |
| Mid Cap | 18.1% | 17.7% |
| Small Cap | 1.4% | 1.4% |
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 Nifty500 Low Volatility 50 Index | Groww Nifty 500 Low Volatility 50 ETF |
|---|---|---|
| Pharmaceuticals & Biotechnology | 19.3% | 19.4% |
| Automobiles | 12.0% | 12.0% |
| Power | 11.6% | 11.6% |
| IT - Software | 7.9% | 8.0% |
| Banks | 7.0% | 7.0% |
| Insurance | 5.5% | 5.5% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Nifty500 Low Volatility 50 Index vs Groww Nifty 500 Low Volatility 50 ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Nifty500 Low Volatility 50 Index Fund | Groww Nifty 500 Low Volatility 50 ETF |
|---|---|---|
| Total expense ratio (Direct) | 15.55% | Not available |
| Base expense ratio (Direct) | 0.20% | 0.30% |
| Total expense ratio (Regular) | 16.38% | 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 Nifty500 Low Volatility 50 Index Fund vs Groww Nifty 500 Low Volatility 50 ETF: Frequently Asked Questions
What is the difference between Axis Nifty500 Low Volatility 50 Index Fund and Groww Nifty 500 Low Volatility 50 ETF?
Axis Nifty500 Low Volatility 50 Index Fund is a mutual fund, Groww Nifty 500 Low Volatility 50 ETF is an ETF fund, run by Axis Mutual Fund and Groww Mutual Fund. Their portfolios overlap 99.4%. Axis Nifty500 Low Volatility 50 Index Fund charges 15.55% a year and Groww Nifty 500 Low Volatility 50 ETF 0.52%.
Which has the lower expense ratio, Axis Nifty500 Low Volatility 50 Index Fund or Groww Nifty 500 Low Volatility 50 ETF?
Groww Nifty 500 Low Volatility 50 ETF charges less: 0.52% a year against 15.55%. These are the total expense ratios reported to AMFI.
How much do Axis Nifty500 Low Volatility 50 Index Fund and Groww Nifty 500 Low Volatility 50 ETF overlap?
99.4%. They hold 50 of the same securities, the largest shared ones being SBIN, SUNPHARMA, TCS. From each fund's latest monthly portfolio.
Can I invest in both Axis Nifty500 Low Volatility 50 Index Fund and Groww Nifty 500 Low Volatility 50 ETF?
Yes. 99.4% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
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.