Bandhan Nifty Smallcap 250 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
Bandhan Nifty Smallcap 250 Index Fund is an Index fund and Groww Nifty Smallcap 250 Momentum Quality 100 ETF is an ETF fund. Bandhan Nifty Smallcap 250 Index Fund charges 0.38% a year and Groww Nifty Smallcap 250 Momentum Quality 100 ETF 1.23%. Their portfolios overlap 46.7%: they hold 100 of the same securities.
Bandhan Nifty Smallcap 250 Index Fund
Index
- Expense ratio
- 0.38%
- NAV
- ₹12.15
Groww Nifty Smallcap 250 Momentum Quality 100 ETF
ETF
- Expense ratio
- 1.23%
- NAV
- ₹45.68
Which is better, Bandhan Nifty Smallcap 250 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.
- Bandhan Nifty Smallcap 250 Index costs less: 0.38% 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%.
- Bandhan Nifty Smallcap 250 Index is the larger fund: ₹99 Cr against ₹8 Cr.
- Their portfolios overlap 46.7%: 100 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 | Bandhan Nifty Smallcap 250 Index Fund | Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Fund house | Bandhan Mutual Fund | Groww Mutual Fund |
| Category | Index | ETF |
| AUM | ₹99 Cr (31-08-2026) | ₹8 Cr (30-09-2026) |
| NAV | ₹12.15 (Direct) | ₹45.68 |
| Expense ratio (Direct) | 0.38% | Not available |
| Expense ratio (Regular) | 1.08% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Smallcap 250 TRI | Nifty Smallcap 250 Momentum Quality 100 TRI |
| Launch date | 22-12-2023 | 16-06-2026 |
| Minimum investment | ₹1,000 | 1 Unit |
| Lock in | None | None |
| Fund managers | Abhishek Jain | Aakash Chauhan, Nikhil Satam, Shashi Kumar |
| Exit load | Nil | Nil |
Bandhan Nifty Smallcap 250 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 |
|---|---|---|---|---|---|---|---|
| Bandhan Nifty Smallcap 250 Index Fund (Direct) | −5.85% | −6.12% | +0.27% | −3.69% | -- | -- | -- |
| Groww Nifty Smallcap 250 Momentum Quality 100 ETF | −4.69% | −2.40% | -- | -- | -- | -- | -- |
Bandhan Nifty Smallcap 250 Index vs Groww Nifty Smallcap 250 Momentum Quality 100 ETF: Year-wise Returns
| Year | Bandhan Nifty Smallcap 250 IndexBandhan Nifty Smallcap 250 Index | Groww Nifty Smallcap 250 Momentum Quality 100 ETFGroww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| 2026to date | +0.48% | -- |
| 2025 | −6.11% | -- |
| 2024 | +26.61% | -- |
Bandhan Nifty Smallcap 250 Index vs Groww Nifty Smallcap 250 Momentum Quality 100 ETF: Rolling Returns
Every holding period of both funds, against Nifty Smallcap 250 TRI, the benchmark of Bandhan Nifty Smallcap 250 Index Fund
Bandhan Nifty Smallcap 250 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 | Bandhan Nifty Smallcap 250 Index Fund (Direct) | Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Return (CAGR) | +7.00% | −1.33% |
| Standard deviation | 19.20% | 16.13% |
| Sharpe ratio | 0.05 | -0.41 |
| Sortino ratio | 0.07 | -0.52 |
| Maximum drawdown | −26.1% (03-03-2025) | −10.2% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.63% | −0.69% |
From daily NAVs, 26-12-2023 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.
Bandhan Nifty Smallcap 250 Index Fund (Direct)
Groww Nifty Smallcap 250 Momentum Quality 100 ETF
Nifty Smallcap 250 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan Nifty Smallcap 250 Index Fund (Direct) | −11.7% | 08-09-2026 | 23-10-2026 | Not yet | -- | −9.6% |
| Groww Nifty Smallcap 250 Momentum Quality 100 ETF | −10.2% | 08-09-2026 | 23-10-2026 | Not yet | -- | −7.8% |
| Nifty Smallcap 250 TRI | −11.5% | 08-09-2026 | 23-10-2026 | Not yet | -- | −9.4% |
From daily values since 17-06-2026, the first day every fund has.
Bandhan Nifty Smallcap 250 Index vs Groww Nifty Smallcap 250 Momentum Quality 100 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Nifty Smallcap 250 Index Fund, August 2026; Groww Nifty Smallcap 250 Momentum Quality 100 ETF, September 2026
Holdings in common
- Overlap
- 46.7%
- Held by both
- 100
- Only in Bandhan Nifty Smallcap 250 Index
- 150
- Only in Groww Nifty Smallcap 250 Momentum Quality 100 ETF
- 0
| Security | % of Bandhan Nifty Smallcap 250 Index | % of Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Sona BLW Precision Forgings Limited | 1.65% | 3.68% |
| Karur Vysya Bank Limited | 1.49% | 3.19% |
| Navin Fluorine International Limited | 1.45% | 3.21% |
| Welspun Corp Limited | 1.42% | 4.77% |
| HFCL Limited | 1.16% | 3.15% |
| Central Depository Services (India) Limited | 1.13% | 1.99% |
| Gland Pharma Limited | 1.04% | 2.96% |
| City Union Bank Limited | 1.00% | 1.76% |
| PNB Housing Finance Limited | 0.98% | 1.20% |
| Redington Limited | 0.96% | 1.69% |
| Neuland Laboratories Limited | 0.90% | 2.05% |
| Anand Rathi Wealth Limited | 0.89% | 3.01% |
| Manappuram Finance Limited | 0.85% | 1.38% |
| Computer Age Management Services Limited | 0.85% | 2.00% |
| Angel One Limited | 0.85% | 1.83% |
| Hindustan Copper Limited | 0.78% | 1.65% |
| Amber Enterprises India Limited | 0.76% | 1.08% |
| Acutaas Chemicals Limited | 0.74% | 2.80% |
| Aegis Logistics Limited | 0.72% | 2.13% |
| Himadri Speciality Chemical Limited | 0.70% | 2.00% |
| Crompton Greaves Consumer Electricals Limited | 0.69% | 1.00% |
| Dr. Lal Path Labs Limited | 0.68% | 1.69% |
| Data Patterns (India) Limited | 0.62% | 1.78% |
| Elgi Equipments Limited | 0.61% | 1.36% |
| Narayana Hrudayalaya Limited | 0.60% | 0.91% |
| The Great Eastern Shipping Company Limited | 0.59% | 1.93% |
| Granules India Limited | 0.55% | 1.68% |
| ZF Commercial Vehicle Control Systems India Limited | 0.52% | 0.99% |
| Home First Finance Company India Limited | 0.51% | 0.77% |
| Amara Raja Energy & Mobility Ltd | 0.50% | 0.64% |
| Kajaria Ceramics Limited | 0.47% | 1.06% |
| Affle 3i Limited | 0.46% | 0.63% |
| Capri Global Capital Limited | 0.45% | 1.00% |
| Indian Energy Exchange Limited | 0.43% | 0.88% |
| Finolex Cables Limited | 0.43% | 1.31% |
| PG Electroplast Limited | 0.43% | 0.56% |
| Motherson Sumi Wiring India Limited | 0.42% | 0.81% |
| Cyient Limited | 0.42% | 0.57% |
| Anant Raj Limited | 0.42% | 0.64% |
| Usha Martin Limited | 0.41% | 0.92% |
| Gabriel India Limited | 0.41% | 0.85% |
| Castrol India Limited | 0.40% | 0.98% |
| Force Motors Limited | 0.38% | 0.79% |
| Zen Technologies Limited | 0.37% | 0.72% |
| eClerx Services Limited | 0.37% | 0.54% |
| Nava Limited | 0.36% | 0.64% |
| Aditya Birla Sun Life AMC Limited | 0.35% | 1.04% |
| CCL Products (India) Limited | 0.35% | 0.73% |
| Shyam Metalics and Energy Limited | 0.35% | 0.67% |
| Vijaya Diagnostic Centre Limited | 0.34% | 0.83% |
| BEML Limited | 0.34% | 0.47% |
| HBL Engineering Limited | 0.34% | 0.82% |
| Garden Reach Shipbuilders & Engineers Limited | 0.34% | 0.61% |
| CreditAccess Grameen Limited | 0.34% | 0.57% |
| Natco Pharma Limited | 0.34% | 0.70% |
| Jindal Saw Limited | 0.33% | 0.63% |
| Engineers India Limited | 0.33% | 0.81% |
| Emami Limited | 0.33% | 0.62% |
| CEAT Limited | 0.32% | 0.41% |
| Schneider Electric Infrastructure Limited | 0.32% | 1.20% |
| Triveni Turbine Limited | 0.31% | 0.78% |
| Cemindia Projects Ltd | 0.31% | 0.75% |
| Choice International Limited | 0.30% | 0.48% |
| The Jammu & Kashmir Bank Limited | 0.30% | 0.80% |
| Chennai Petroleum Corporation Limited | 0.30% | 0.72% |
| Poly Medicure Limited | 0.30% | 0.47% |
| Titagarh Rail Systems Limited | 0.30% | 0.45% |
| Mahanagar Gas Limited | 0.28% | 0.47% |
| Chambal Fertilizers & Chemicals Limited | 0.28% | 0.47% |
| Welspun Living Limited | 0.28% | 0.58% |
| Intellect Design Arena Limited | 0.28% | 0.35% |
| LT Foods Limited | 0.28% | 0.37% |
| Godawari Power And Ispat limited | 0.27% | 0.52% |
| Gillette India Limited | 0.27% | 0.54% |
| NCC Limited | 0.27% | 0.31% |
| Gravita India Limited | 0.26% | 0.35% |
| Sonata Software Limited | 0.26% | 0.37% |
| Vardhman Textiles Limited | 0.26% | 0.61% |
| JSW Dulux Limited | 0.25% | 0.51% |
| Olectra Greentech Limited | 0.24% | 0.45% |
| Zensar Technologies Limited | 0.24% | 0.30% |
| Indiamart Intermesh Limited | 0.24% | 0.41% |
| Caplin Point Laboratories Limited | 0.23% | 0.71% |
| Zydus Wellness Limited | 0.23% | 0.52% |
| Techno Electric & Engineering Company Limited | 0.22% | 0.35% |
| Birlasoft Limited | 0.22% | 0.30% |
| Gujarat Mineral Development Corporation Limited | 0.21% | 0.37% |
| Graphite India Limited | 0.21% | 0.37% |
| Sarda Energy & Minerals Limited | 0.21% | 0.33% |
| Action Construction Equipment Limited | 0.21% | 0.47% |
| Elecon Engineering Company Limited | 0.16% | 0.34% |
| Saregama India Limited | 0.16% | 0.38% |
| Jupiter Wagons Limited | 0.15% | 0.21% |
| Newgen Software Technologies Limited | 0.15% | 0.22% |
| Transformers And Rectifiers (India) Limited | 0.15% | 0.24% |
| BLS International Services Limited | 0.13% | 0.22% |
| RITES Limited | 0.13% | 0.19% |
| RailTel Corporation of India Limited | 0.11% | 0.17% |
| Latent View Analytics Limited | 0.09% | 0.11% |
| C.E. Info Systems Limited | 0.08% | 0.10% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 46.7% means 46.7% 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 Bandhan Nifty Smallcap 250 Index Fund
| Security | % of fund |
|---|---|
| Ather Energy Limited | 1.50% |
| Piramal Finance Limited | 1.26% |
| Delhivery Limited | 1.16% |
| RBL Bank Limited | 1.07% |
| Aster DM Quality Care Limited | 0.92% |
Largest holdings only in Groww Nifty Smallcap 250 Momentum Quality 100 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 | Bandhan Nifty Smallcap 250 Index | Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Equity | 100.2% | 99.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | -0.2% | 0.1% |
Market cap of stocks
| Market cap | Bandhan Nifty Smallcap 250 Index | Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Large Cap | 0.0% | 0.0% |
| Mid Cap | 7.3% | 6.2% |
| Small Cap | 92.9% | 93.7% |
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 | Bandhan Nifty Smallcap 250 Index | Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Industrial Products | 7.8% | 11.4% |
| Pharmaceuticals & Biotechnology | 8.5% | 10.9% |
| Capital Markets | 5.9% | 10.8% |
| Finance | 9.6% | 5.4% |
| Auto Components | 6.9% | 7.4% |
| Chemicals & Petrochemicals | 5.8% | 5.2% |
| Banks | 5.3% | 5.8% |
The six largest sectors of each fund's stocks, % of the fund.
Bandhan Nifty Smallcap 250 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 | Bandhan Nifty Smallcap 250 Index Fund | Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.38% | Not available |
| Base expense ratio (Direct) | 0.17% | 0.47% |
| Total expense ratio (Regular) | 1.08% | Not available |
| Base expense ratio (Regular) | 0.77% | 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.
Bandhan Nifty Smallcap 250 Index Fund vs Groww Nifty Smallcap 250 Momentum Quality 100 ETF: Frequently Asked Questions
What is the difference between Bandhan Nifty Smallcap 250 Index Fund and Groww Nifty Smallcap 250 Momentum Quality 100 ETF?
Bandhan Nifty Smallcap 250 Index Fund is an Index fund, Groww Nifty Smallcap 250 Momentum Quality 100 ETF is an ETF fund, run by Bandhan Mutual Fund and Groww Mutual Fund. Their portfolios overlap 46.7%. Bandhan Nifty Smallcap 250 Index Fund charges 0.38% a year and Groww Nifty Smallcap 250 Momentum Quality 100 ETF 1.23%.
Which has the lower expense ratio, Bandhan Nifty Smallcap 250 Index Fund or Groww Nifty Smallcap 250 Momentum Quality 100 ETF?
Bandhan Nifty Smallcap 250 Index Fund charges less: 0.38% a year against 1.23%. These are the total expense ratios reported to AMFI.
How much do Bandhan Nifty Smallcap 250 Index Fund and Groww Nifty Smallcap 250 Momentum Quality 100 ETF overlap?
46.7%. They hold 100 of the same securities, the largest shared ones being SONACOMS, KARURVYSYA, NAVINFLUOR. From each fund's latest monthly portfolio.
Which is riskier, Bandhan Nifty Smallcap 250 Index Fund or Groww Nifty Smallcap 250 Momentum Quality 100 ETF?
On SEBI's riskometer, Bandhan Nifty Smallcap 250 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 19.20% and 16.13% a year.
Can I invest in both Bandhan Nifty Smallcap 250 Index Fund and Groww Nifty Smallcap 250 Momentum Quality 100 ETF?
Yes. 46.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Bandhan Nifty Smallcap 250 Index Fund and Groww Nifty Smallcap 250 Momentum Quality 100 ETF?
Bandhan Nifty Smallcap 250 Index Fund: Abhishek Jain. 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.