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    Bandhan Nifty Total Market Index Fund vs Groww Nifty Total Market Index Fund

    Direct Plan, Growth option · Data as on 30-10-2026

    Bandhan Nifty Total Market Index Fund is an Index fund and Groww Nifty Total Market Index Fund is an Index fund. In the year to 30-10-2026, Bandhan Nifty Total Market Index Fund (Direct) returned −7.5% and Groww Nifty Total Market Index Fund (Direct) returned −7.5%. Bandhan Nifty Total Market Index Fund charges 0.71% a year and Groww Nifty Total Market Index Fund 0.66% (Direct plans). Their portfolios overlap 95.7%: they hold 690 of the same securities.

    Bandhan Nifty Total Market Index Fund

    Index

    1 year return
    −7.5%
    Expense ratio
    0.71%
    NAV
    ₹9.65
    See Bandhan Nifty Total Market Index Fund

    Groww Nifty Total Market Index Fund

    Index

    1 year return
    −7.5%
    Expense ratio
    0.66%
    NAV
    ₹13.19
    See Groww Nifty Total Market Index Fund

    Which is better, Bandhan Nifty Total Market 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 −7.5%.
    • Groww Nifty Total Market Index costs less: 0.66% a year against 0.71% (Direct plans).
    • Groww Nifty Total Market Index fell less in its worst fall since 11-07-2024: −18.9% against −18.9%.
    • Groww Nifty Total Market Index is the larger fund: ₹355 Cr against ₹45 Cr.
    • Their portfolios overlap 95.7%: 690 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

    FactBandhan Nifty Total Market Index FundGroww Nifty Total Market Index Fund
    Fund houseBandhan Mutual FundGroww Mutual Fund
    CategoryIndexIndex
    AUM₹45 Cr (31-08-2026)₹355 Cr (30-09-2026)
    NAV₹9.65 (Direct)₹13.19 (Direct)
    Expense ratio (Direct)0.71%0.66%
    Expense ratio (Regular)1.36%1.09%
    RiskometerVery HighVery High
    BenchmarkNifty Total Market TRINifty Total Market TRI
    Launch date10-07-202425-10-2023
    Minimum investment₹1,000₹500
    Lock inNoneNone
    Fund managersAbhishek JainNikhil Satam, Aakash Chauhan, Shashi Kumar
    Exit load• 0.25% if redeemed on or before 15 days from the allotment date. • Nil if redeemed after 15 days from allotment date.• 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

    Bandhan Nifty Total Market 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.

    Fund1M3M6M1Y3Y5Y10Y
    Bandhan Nifty Total Market Index Fund (Direct)−1.15%−6.05%−2.85%−7.53%------
    Groww Nifty Total Market Index Fund (Direct)−1.17%−6.08%−2.83%−7.50%+9.72%----

    Bandhan Nifty Total Market Index vs Groww Nifty Total Market Index: Year-wise Returns

    YearBandhanBandhan Nifty Total Market IndexGrowwGroww Nifty Total Market IndexNifty Total Market TRI
    2026to date−7.43%−7.42%−6.96%
    2025+6.59%+6.66%+7.06%
    2024--+16.13%+16.85%

    Bandhan Nifty Total Market Index vs Groww Nifty Total Market Index: Rolling Returns

    Every holding period of both funds, against Nifty Total Market TRI, the benchmark of both

    Rolling returns

    Every 1-year holding period, 325 of them, one for each trading day from 11-07-2025 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.

    −10%−5%0%5%10%15%20%
    Aug 2024
    to
    Aug 2025
    Nov 2024
    to
    Nov 2025
    Jan 2025
    to
    Jan 2026
    Apr 2025
    to
    Apr 2026
    Jul 2025
    to
    Jul 2026
    Sept 2025
    to
    Sept 2026
    Bandhan Nifty Total Market Index Fund (Direct)Groww Nifty Total Market Index Fund (Direct)Nifty Total Market TRI

    How the periods spread

    FundBelow 0%0-5%5-10%10-15%15-20%20-25%Above 25%MeanMedianLowestHighestBeat benchmark
    Bandhan Nifty Total Market Index36.930.525.55.81.20.00.02.4%1.6%−9.1%16.8%0%
    Groww Nifty Total Market Index36.930.925.35.90.90.00.02.4%1.7%−9.0%15.1%0%
    Nifty Total Market TRI32.033.227.45.81.50.00.02.9%2.0%−8.5%17.3%--

    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 Total Market 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 11-07-2024. Past returns do not promise future returns.

    Bandhan Nifty Total Market 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

    Step up each year
    PeriodFor

    ₹10,000 on the first trading day of every month, from 11-07-2024 to 30-10-2026: 28 instalments, ₹2,80,000 in all.

    InvestmentInvestedValue nowGainReturn a year
    Bandhan Nifty Total Market IndexBandhan Nifty Total Market Index Fund (Direct) ₹2,80,000 ₹2,72,076 −₹7,924 −2.4%
    Groww Nifty Total Market IndexGroww Nifty Total Market Index Fund (Direct) ₹2,80,000 ₹2,72,324 −₹7,676 −2.3%
    ₹0₹1.0 L₹2.0 L₹3.0 L
    20252026
    Bandhan Nifty Total Market IndexBandhan Nifty Total Market 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.

    Bandhan Nifty Total Market 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

    MeasureBandhan Nifty Total Market Index Fund (Direct)Groww Nifty Total Market Index Fund (Direct)
    Return (CAGR)−7.53%−7.50%
    Standard deviation14.51%14.53%
    Sharpe ratio-0.88-0.88
    Sortino ratio-1.17-1.17
    Maximum drawdown−14.9% (31-03-2026)−14.9% (31-03-2026)
    Beta1.001.00
    Alpha−0.54%−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.

    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.

    −20%−15%−10%−5%0%
    20252026
    Bandhan Nifty Total Market Index Fund (Direct)Groww Nifty Total Market Index Fund (Direct)Nifty Total Market TRI
    FundWorst fallHigh before itBottomBack at the highTime to climb backBelow its high today
    Bandhan Nifty Total Market Index Fund (Direct)−18.9%26-09-202428-02-2025Not yet--−9.7%
    Groww Nifty Total Market Index Fund (Direct)−18.9%26-09-202428-02-2025Not yet--−9.6%
    Nifty Total Market TRI−18.8%26-09-202428-02-2025Not yet--−8.7%

    From daily values since 11-07-2024, 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.

    0%5%10%15%20%
    2026
    Bandhan Nifty Total Market Index Fund (Direct)Groww Nifty Total Market Index Fund (Direct)Nifty Total Market TRI

    Against Nifty Total Market TRI

    FundUp captureDown captureTracking error
    Bandhan Nifty Total Market Index Fund (Direct)98%101%0.06%
    Groww Nifty Total Market Index Fund (Direct)99%101%0.04%

    From month-end values since 11-07-2024. 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.

    Bandhan Nifty Total Market Index vs Groww Nifty Total Market Index: Portfolio Overlap

    From each fund's latest monthly portfolio: Bandhan Nifty Total Market Index Fund, August 2026; Groww Nifty Total Market Index Fund, September 2026

    Holdings in common

    Overlap
    95.7%
    Held by both
    690
    Only in Bandhan Nifty Total Market Index
    49
    Only in Groww Nifty Total Market Index
    65
    Security% of Bandhan Nifty Total Market Index% of Groww Nifty Total Market Index
    HDFC Bank Limited5.17%5.41%
    ICICI Bank Limited4.96%4.72%
    Reliance Industries Limited4.11%3.95%
    Bharti Airtel Limited2.62%2.66%
    Larsen & Toubro Limited2.25%2.19%
    State Bank of India2.09%1.97%
    Axis Bank Limited1.78%1.75%
    Infosys Limited1.89%1.75%
    Kotak Mahindra Bank Limited1.47%1.53%
    Mahindra & Mahindra Limited1.40%1.31%

    Overlap: for each holding both funds own, the smaller of its two weights, added up. 95.7% means 95.7% 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 Total Market Index Fund

    Security% of fund
    Maharashtra Scooters Limited0.04%
    3M India Limited0.04%
    Prudent Corporate Advisory Services Limited0.03%
    Go Digit General Insurance Limited0.03%
    JSW Dulux Limited0.03%

    Largest holdings only in Groww Nifty Total Market Index Fund

    Security% of fund
    Vedanta Aluminium Metal Limited0.35%
    Embassy Office Parks REIT0.19%
    Brookfield India Real Estate Trust0.11%
    Sundram Fasteners Limited0.06%
    Bagmane Prime Office REIT0.03%

    Asset and sector split

    Share of each fund, from its latest monthly portfolio

    Asset allocation

    AssetBandhan Nifty Total Market IndexGroww Nifty Total Market Index
    Equity100.0%99.7%
    Debt0.0%0.0%
    Cash and others-0.0%0.3%

    Market cap of stocks

    Market capBandhan Nifty Total Market IndexGroww Nifty Total Market Index
    Large Cap64.6%64.1%
    Mid Cap20.2%19.9%
    Small Cap15.0%15.4%
    Not on AMFI's list0.1%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

    SectorBandhan Nifty Total Market IndexGroww Nifty Total Market Index
    Banks18.9%18.8%
    Finance6.6%6.3%
    IT - Software6.0%5.5%
    Pharmaceuticals & Biotechnology5.8%5.8%
    Automobiles5.0%4.7%
    Petroleum Products4.9%4.8%

    The six largest sectors of each fund's stocks, % of the fund.

    Bandhan Nifty Total Market Index vs Groww Nifty Total Market Index: Expense Ratio

    What each plan charges a year, from AMFI's expense ratio file

    ChargeBandhan Nifty Total Market Index FundGroww Nifty Total Market Index Fund
    Total expense ratio (Direct)0.71%0.66%
    Base expense ratio (Direct)0.34%0.53%
    Total expense ratio (Regular)1.36%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.

    Bandhan Nifty Total Market Index Fund vs Groww Nifty Total Market Index Fund: Frequently Asked Questions

    What is the difference between Bandhan Nifty Total Market Index Fund and Groww Nifty Total Market Index Fund?

    Bandhan Nifty Total Market Index Fund is an Index fund, Groww Nifty Total Market Index Fund is an Index fund, run by Bandhan Mutual Fund and Groww Mutual Fund. Their portfolios overlap 95.7%. Bandhan Nifty Total Market Index Fund charges 0.71% a year and Groww Nifty Total Market Index Fund 0.66%.

    Which has given higher returns, Bandhan Nifty Total Market Index Fund or Groww Nifty Total Market Index Fund?

    Over 1 year: Bandhan Nifty Total Market Index Fund −7.53%, 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, Bandhan Nifty Total Market Index Fund or Groww Nifty Total Market Index Fund?

    Groww Nifty Total Market Index Fund charges less: 0.66% a year against 0.71%. These are the Direct plans' total expense ratios reported to AMFI.

    How much do Bandhan Nifty Total Market Index Fund and Groww Nifty Total Market Index Fund overlap?

    95.7%. They hold 690 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.

    Which is riskier, Bandhan Nifty Total Market Index Fund or Groww Nifty Total Market Index Fund?

    On SEBI's riskometer, Bandhan Nifty Total Market 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 14.51% and 14.53% a year.

    Can I invest in both Bandhan Nifty Total Market Index Fund and Groww Nifty Total Market Index Fund?

    Yes. 95.7% 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 Total Market Index Fund and Groww Nifty Total Market Index Fund?

    Bandhan Nifty Total Market Index Fund: Abhishek Jain. 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.

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