DSP Nifty Smallcap250 Quality 50 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
DSP Nifty Smallcap250 Quality 50 Index Fund is an Index fund and Groww Nifty Smallcap 250 Momentum Quality 100 ETF is an ETF fund. DSP Nifty Smallcap250 Quality 50 Index Fund charges 0.38% a year and Groww Nifty Smallcap 250 Momentum Quality 100 ETF 1.23%. Their portfolios overlap 41.9%: they hold 46 of the same securities.
DSP Nifty Smallcap250 Quality 50 Index Fund
Index
- Expense ratio
- 0.38%
- NAV
- ₹10.28
Groww Nifty Smallcap 250 Momentum Quality 100 ETF
ETF
- Expense ratio
- 1.23%
- NAV
- ₹45.68
Which is better, DSP Nifty Smallcap250 Quality 50 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.
- DSP Nifty Smallcap250 Quality 50 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 −10.9%.
- DSP Nifty Smallcap250 Quality 50 Index is the larger fund: ₹302 Cr against ₹8 Cr.
- Their portfolios overlap 41.9%: 46 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 | DSP Nifty Smallcap250 Quality 50 Index Fund | Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Fund house | DSP Mutual Fund | Groww Mutual Fund |
| Category | Index | ETF |
| AUM | ₹302 Cr (30-09-2026) | ₹8 Cr (30-09-2026) |
| NAV | ₹10.28 (Direct) | ₹45.68 |
| Expense ratio (Direct) | 0.38% | Not available |
| Expense ratio (Regular) | 1.14% | Not available |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Smallcap250 Quality 50 TRI | Nifty Smallcap 250 Momentum Quality 100 TRI |
| Launch date | 26-12-2023 | 16-06-2026 |
| Minimum investment | ₹100 | 1 Unit |
| Lock in | None | None |
| Fund managers | Anil Ghelani, Diipesh Shah, Neha Rathi | Aakash Chauhan, Nikhil Satam, Shashi Kumar |
| Exit load | Nil | Nil |
DSP Nifty Smallcap250 Quality 50 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 |
|---|---|---|---|---|---|---|---|
| DSP Nifty Smallcap250 Quality 50 Index Fund (Direct) | −5.41% | −8.39% | −5.77% | −13.06% | -- | -- | -- |
| Groww Nifty Smallcap 250 Momentum Quality 100 ETF | −4.69% | −2.40% | -- | -- | -- | -- | -- |
DSP Nifty Smallcap250 Quality 50 Index vs Groww Nifty Smallcap 250 Momentum Quality 100 ETF: Year-wise Returns
| Year | DSP Nifty Smallcap250 Quality 50 IndexDSP Nifty Smallcap250 Quality 50 Index | Groww Nifty Smallcap 250 Momentum Quality 100 ETFGroww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| 2026to date | −8.59% | -- |
| 2025 | −11.72% | -- |
| 2024 | +26.34% | -- |
DSP Nifty Smallcap250 Quality 50 Index vs Groww Nifty Smallcap 250 Momentum Quality 100 ETF: Rolling Returns
Every holding period of both funds, against Nifty Smallcap250 Quality 50 TRI, the benchmark of DSP Nifty Smallcap250 Quality 50 Index Fund
DSP Nifty Smallcap250 Quality 50 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 | DSP Nifty Smallcap250 Quality 50 Index Fund (Direct) | Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Return (CAGR) | +0.93% | −1.33% |
| Standard deviation | 19.10% | 16.13% |
| Sharpe ratio | -0.26 | -0.41 |
| Sortino ratio | -0.35 | -0.52 |
| Maximum drawdown | −30.7% (30-03-2026) | −10.2% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.44% | −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.
DSP Nifty Smallcap250 Quality 50 Index Fund (Direct)
Groww Nifty Smallcap 250 Momentum Quality 100 ETF
Nifty Smallcap250 Quality 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP Nifty Smallcap250 Quality 50 Index Fund (Direct) | −10.9% | 13-08-2026 | 23-10-2026 | Not yet | -- | −10.2% |
| Groww Nifty Smallcap 250 Momentum Quality 100 ETF | −10.2% | 08-09-2026 | 23-10-2026 | Not yet | -- | −7.8% |
| Nifty Smallcap250 Quality 50 TRI | −10.9% | 13-08-2026 | 23-10-2026 | Not yet | -- | −10.1% |
From daily values since 17-06-2026, the first day every fund has.
DSP Nifty Smallcap250 Quality 50 Index vs Groww Nifty Smallcap 250 Momentum Quality 100 ETF: Portfolio Overlap
From each fund's latest monthly portfolio: DSP Nifty Smallcap250 Quality 50 Index Fund, September 2026; Groww Nifty Smallcap 250 Momentum Quality 100 ETF, September 2026
Holdings in common
- Overlap
- 41.9%
- Held by both
- 46
- Only in DSP Nifty Smallcap250 Quality 50 Index
- 4
- Only in Groww Nifty Smallcap 250 Momentum Quality 100 ETF
- 54
| Security | % of DSP Nifty Smallcap250 Quality 50 Index | % of Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Sona Blw Precision Forgings Limited | 4.20% | 3.68% |
| Karur Vysya Bank Limited | 3.32% | 3.19% |
| Anand Rathi Wealth Limited | 5.23% | 3.01% |
| Himadri Speciality Chemical Limited | 2.19% | 2.00% |
| Computer Age Management Services Limited | 4.49% | 2.00% |
| Central Depository Services (India) Limited | 3.91% | 1.99% |
| Angel One Limited | 1.93% | 1.83% |
| Dr. Lal Path Labs Limited | 3.10% | 1.69% |
| Elgi Equipments Limited | 2.18% | 1.36% |
| Finolex Cables Limited | 2.05% | 1.31% |
| Kajaria Ceramics Limited | 1.81% | 1.06% |
| Aditya Birla Sun Life AMC Limited | 2.03% | 1.04% |
| Crompton Greaves Consumer Electricals Limited | 1.93% | 1.00% |
| ZF Commercial Vehicle Control Systems India Limited | 1.92% | 0.99% |
| Castrol India Limited | 3.59% | 0.98% |
| Indian Energy Exchange Limited | 3.07% | 0.88% |
| Motherson Sumi Wiring India Limited | 2.45% | 0.81% |
| Engineers India Limited | 2.24% | 0.81% |
| Triveni Turbine Limited | 2.03% | 0.78% |
| Home First Finance Co India Limited | 1.72% | 0.77% |
| Natco Pharma Limited | 1.51% | 0.70% |
| Amara Raja Energy And Mobility Limited | 1.55% | 0.64% |
| Affle 3i Limited | 1.79% | 0.63% |
| Emami Limited | 2.28% | 0.62% |
| Cyient Limited | 1.81% | 0.57% |
| Gillette India Limited | 2.31% | 0.54% |
| eClerx Services Limited | 1.91% | 0.54% |
| Godawari Power & Ispat Limited | 1.09% | 0.52% |
| Jsw Dulux Limited | 2.05% | 0.51% |
| Action Construction Equipment Limited | 2.08% | 0.47% |
| Mahanagar Gas Limited | 1.55% | 0.47% |
| Chambal Fertilizers & Chemicals Limited | 1.57% | 0.47% |
| Poly Medicure Limited | 1.57% | 0.47% |
| Indiamart Intermesh Limited | 1.72% | 0.41% |
| Saregama India Limited | 1.14% | 0.38% |
| Sonata Software Limited | 1.40% | 0.37% |
| LT Foods Limited | 1.28% | 0.37% |
| Techno Electric & Engineering Co Limited | 1.22% | 0.35% |
| Gravita India Limited | 1.21% | 0.35% |
| Zensar Technologies Limited | 1.25% | 0.30% |
| Birlasoft Limited | 1.25% | 0.30% |
| BLS International Services Limited | 1.19% | 0.22% |
| Rites Limited | 0.98% | 0.19% |
| Railtel Corporation Of India Limited | 0.92% | 0.17% |
| Latent View Analytics Limited | 0.64% | 0.11% |
| CE Info Systems Limited | 0.71% | 0.10% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 41.9% means 41.9% 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 DSP Nifty Smallcap250 Quality 50 Index Fund
| Security | % of fund |
|---|---|
| Indraprastha Gas Limited | 1.86% |
| Sun TV Network Limited | 1.70% |
| Aptus Value Housing Finance India Limited | 1.60% |
| Clean Science And Technology Limited | 1.39% |
Largest holdings only in Groww Nifty Smallcap 250 Momentum Quality 100 ETF
| Security | % of fund |
|---|---|
| WELSPUN CORP LTD | 4.77% |
| Navin Fluorine International Limited | 3.21% |
| HFCL Limited | 3.15% |
| Gland Pharma Limited | 2.96% |
| Acutaas Chemicals Limited | 2.80% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP Nifty Smallcap250 Quality 50 Index | Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Equity | 99.9% | 99.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | 0.1% |
Market cap of stocks
| Market cap | DSP Nifty Smallcap250 Quality 50 Index | Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Large Cap | 0.0% | 0.0% |
| Mid Cap | 4.2% | 6.2% |
| Small Cap | 95.7% | 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 | DSP Nifty Smallcap250 Quality 50 Index | Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Capital Markets | 20.7% | 10.8% |
| Industrial Products | 5.3% | 11.4% |
| Pharmaceuticals & Biotechnology | 1.5% | 10.9% |
| Auto Components | 10.1% | 7.4% |
| Consumer Durables | 5.8% | 4.2% |
| Banks | 3.3% | 5.8% |
| Finance | 3.3% | 5.4% |
| IT - Software | 5.3% | 1.7% |
| Personal Products | 4.6% | 1.2% |
The six largest sectors of each fund's stocks, % of the fund.
DSP Nifty Smallcap250 Quality 50 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 | DSP Nifty Smallcap250 Quality 50 Index Fund | Groww Nifty Smallcap 250 Momentum Quality 100 ETF |
|---|---|---|
| Total expense ratio (Direct) | 0.38% | Not available |
| Base expense ratio (Direct) | 0.14% | 0.47% |
| Total expense ratio (Regular) | 1.14% | Not available |
| Base expense ratio (Regular) | 0.80% | 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.
DSP Nifty Smallcap250 Quality 50 Index Fund vs Groww Nifty Smallcap 250 Momentum Quality 100 ETF: Frequently Asked Questions
What is the difference between DSP Nifty Smallcap250 Quality 50 Index Fund and Groww Nifty Smallcap 250 Momentum Quality 100 ETF?
DSP Nifty Smallcap250 Quality 50 Index Fund is an Index fund, Groww Nifty Smallcap 250 Momentum Quality 100 ETF is an ETF fund, run by DSP Mutual Fund and Groww Mutual Fund. Their portfolios overlap 41.9%. DSP Nifty Smallcap250 Quality 50 Index Fund charges 0.38% a year and Groww Nifty Smallcap 250 Momentum Quality 100 ETF 1.23%.
Which has the lower expense ratio, DSP Nifty Smallcap250 Quality 50 Index Fund or Groww Nifty Smallcap 250 Momentum Quality 100 ETF?
DSP Nifty Smallcap250 Quality 50 Index Fund charges less: 0.38% a year against 1.23%. These are the total expense ratios reported to AMFI.
How much do DSP Nifty Smallcap250 Quality 50 Index Fund and Groww Nifty Smallcap 250 Momentum Quality 100 ETF overlap?
41.9%. They hold 46 of the same securities, the largest shared ones being SONACOMS, KARURVYSYA, ANANDRATHI. From each fund's latest monthly portfolio.
Which is riskier, DSP Nifty Smallcap250 Quality 50 Index Fund or Groww Nifty Smallcap 250 Momentum Quality 100 ETF?
On SEBI's riskometer, DSP Nifty Smallcap250 Quality 50 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 19.10% and 16.13% a year.
Can I invest in both DSP Nifty Smallcap250 Quality 50 Index Fund and Groww Nifty Smallcap 250 Momentum Quality 100 ETF?
Yes. 41.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages DSP Nifty Smallcap250 Quality 50 Index Fund and Groww Nifty Smallcap 250 Momentum Quality 100 ETF?
DSP Nifty Smallcap250 Quality 50 Index Fund: Anil Ghelani, Diipesh Shah, Neha Rathi. 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.