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    Groww Nifty 500 Low Volatility 50 ETF vs Nippon India Nifty 500 Low Volatility 50 Index Fund

    Direct Plan where a fund has one, Growth option · Data as on 30-10-2026

    Groww Nifty 500 Low Volatility 50 ETF is an ETF fund and Nippon India Nifty 500 Low Volatility 50 Index Fund is a mutual fund. In the year to 30-10-2026, Groww Nifty 500 Low Volatility 50 ETF returned −5.8% and Nippon India Nifty 500 Low Volatility 50 Index Fund (Direct) returned −6.1%. Groww Nifty 500 Low Volatility 50 ETF charges 0.52% a year and Nippon India Nifty 500 Low Volatility 50 Index Fund 0.63%. Their portfolios overlap 99.3%: they hold 50 of the same securities.

    Groww Nifty 500 Low Volatility 50 ETF

    ETF

    1 year return
    −5.8%
    Expense ratio
    0.52%
    NAV
    ₹9.99
    See Groww Nifty 500 Low Volatility 50 ETF

    Nippon India Nifty 500 Low Volatility 50 Index Fund

    1 year return
    −6.1%
    Expense ratio
    0.63%
    NAV
    ₹10.33
    See Nippon India Nifty 500 Low Volatility 50 Index Fund

    Which is better, Groww Nifty 500 Low Volatility 50 ETF or Nippon India Nifty 500 Low Volatility 50 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 500 Low Volatility 50 ETF returned more over 1 year: −5.8% against −6.1%.
    • Groww Nifty 500 Low Volatility 50 ETF costs less: 0.52% a year against 0.63%.
    • Groww Nifty 500 Low Volatility 50 ETF fell less in its worst fall since 16-06-2025: −12.6% against −12.8%.
    • Nippon India Nifty 500 Low Volatility 50 Index is the larger fund: ₹27 Cr against ₹4 Cr.
    • Their portfolios overlap 99.3%: 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

    FactGroww Nifty 500 Low Volatility 50 ETFNippon India Nifty 500 Low Volatility 50 Index Fund
    Fund houseGroww Mutual FundNippon India Mutual Fund
    CategoryETFNot available
    AUM₹4 Cr (30-09-2026)₹27 Cr (30-09-2026)
    NAV₹9.99₹10.33 (Direct)
    Expense ratio (Direct)Not available0.63%
    Expense ratio (Regular)Not available1.23%
    RiskometerVery HighNot available
    BenchmarkNifty 500 Low Volatility 50 TRINot available
    Launch date13-06-2025Not available
    Minimum investment1 UnitNot available
    Lock inNoneNot available
    Fund managersAakash Chauhan, Nikhil Satam, Shashi KumarNot available
    Exit loadNilNot available

    Groww Nifty 500 Low Volatility 50 ETF vs Nippon India Nifty 500 Low Volatility 50 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
    Groww Nifty 500 Low Volatility 50 ETF+1.51%−6.10%−3.34%−5.84%------
    Nippon India Nifty 500 Low Volatility 50 Index Fund (Direct)+1.48%−6.19%−3.44%−6.09%------

    Groww Nifty 500 Low Volatility 50 ETF vs Nippon India Nifty 500 Low Volatility 50 Index: Year-wise Returns

    YearGroww Nifty 500 Low Volatility 50 ETFGroww Nifty 500 Low Volatility 50 ETFNippon India Nifty 500 Low Volatility 50 IndexNippon India Nifty 500 Low Volatility 50 IndexNifty500 Low Volatility 50 TRI
    2026to date−6.87%−7.07%−6.63%

    Groww Nifty 500 Low Volatility 50 ETF vs Nippon India Nifty 500 Low Volatility 50 Index: Rolling Returns

    Every holding period of both funds, against Nifty500 Low Volatility 50 TRI, the benchmark of both

    Rolling returns

    Every 1-year holding period, 93 of them, one for each trading day from 16-06-2026 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%
    Jun 2025
    to
    Jun 2026    Jul 2025
    to
    Jul 2026    Aug 2025
    to
    Aug 2026    Sept 2025
    to
    Sept 2026    Sept 2025
    to
    Sept 2026    Oct 2025
    to
    Oct 2026
    Groww Nifty 500 Low Volatility 50 ETFNippon India Nifty 500 Low Volatility 50 Index Fund (Direct)Nifty500 Low Volatility 50 TRI

    How the periods spread

    FundBelow 0%0-5%5-10%10-15%15-20%20-25%Above 25%MeanMedianLowestHighestBeat benchmark
    Groww Nifty 500 Low Volatility 50 ETF41.941.916.10.00.00.00.00.1%1.4%−9.3%9.5%0%
    Nippon India Nifty 500 Low Volatility 50 Index43.040.916.10.00.00.00.0−0.0%1.2%−9.5%9.4%0%
    Nifty500 Low Volatility 50 TRI38.744.116.11.10.00.00.00.7%2.0%−8.9%10.2%--

    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 Nifty500 Low Volatility 50 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 16-06-2025. Past returns do not promise future returns.

    Groww Nifty 500 Low Volatility 50 ETF vs Nippon India Nifty 500 Low Volatility 50 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 16-06-2025 to 30-10-2026: 17 instalments, ₹1,70,000 in all.

    InvestmentInvestedValue nowGainReturn a year
    Groww Nifty 500 Low Volatility 50 ETFGroww Nifty 500 Low Volatility 50 ETF ₹1,70,000 ₹1,65,377 −₹4,623 −3.7%
    Nippon India Nifty 500 Low Volatility 50 IndexNippon India Nifty 500 Low Volatility 50 Index Fund (Direct) ₹1,70,000 ₹1,65,217 −₹4,783 −3.8%
    ₹0₹50,000₹1.0 L₹1.5 L₹2.0 L
    2026
    Groww Nifty 500 Low Volatility 50 ETFGroww Nifty 500 Low Volatility 50 ETFNippon India Nifty 500 Low Volatility 50 IndexNippon India Nifty 500 Low Volatility 50 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.

    Groww Nifty 500 Low Volatility 50 ETF vs Nippon India Nifty 500 Low Volatility 50 Index: Risk and Drawdowns

    How much each fund swings, and the worst fall over the same days

    Risk and return

    MeasureGroww Nifty 500 Low Volatility 50 ETFNippon India Nifty 500 Low Volatility 50 Index Fund (Direct)
    Return (CAGR)−5.84%−6.09%
    Standard deviation11.95%11.89%
    Sharpe ratio-0.93-0.95
    Sortino ratio-1.21-1.24
    Maximum drawdown−12.6% (08-10-2026)−12.8% (08-10-2026)
    Beta0.991.00
    Alpha−0.51%−0.69%

    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.

    −15%−10%−5%0%
    2026
    Groww Nifty 500 Low Volatility 50 ETFNippon India Nifty 500 Low Volatility 50 Index Fund (Direct)Nifty500 Low Volatility 50 TRI
    FundWorst fallHigh before itBottomBack at the highTime to climb backBelow its high today
    Groww Nifty 500 Low Volatility 50 ETF−12.6%06-01-202608-10-2026Not yet--−8.6%
    Nippon India Nifty 500 Low Volatility 50 Index Fund (Direct)−12.8%06-01-202608-10-2026Not yet--−8.8%
    Nifty500 Low Volatility 50 TRI−12.4%06-01-202608-10-2026Not yet--−8.4%

    From daily values since 16-06-2025, 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%
    Groww Nifty 500 Low Volatility 50 ETFNippon India Nifty 500 Low Volatility 50 Index Fund (Direct)Nifty500 Low Volatility 50 TRI

    Against Nifty500 Low Volatility 50 TRI

    FundUp captureDown captureTracking error
    Groww Nifty 500 Low Volatility 50 ETF98%100%0.20%
    Nippon India Nifty 500 Low Volatility 50 Index Fund (Direct)98%101%0.15%

    From month-end values since 16-06-2025. 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.

    Groww Nifty 500 Low Volatility 50 ETF vs Nippon India Nifty 500 Low Volatility 50 Index: Portfolio Overlap

    From each fund's latest monthly portfolio: Groww Nifty 500 Low Volatility 50 ETF, September 2026; Nippon India Nifty 500 Low Volatility 50 Index Fund, September 2026

    Holdings in common

    Overlap
    99.3%
    Held by both
    50
    Only in Groww Nifty 500 Low Volatility 50 ETF
    0
    Only in Nippon India Nifty 500 Low Volatility 50 Index
    0
    Security% of Groww Nifty 500 Low Volatility 50 ETF% of Nippon India Nifty 500 Low Volatility 50 Index
    State Bank of India4.99%4.97%
    Sun Pharmaceutical Industries Limited4.94%4.92%
    Tata Consultancy Services Limited4.92%4.91%
    NTPC Limited4.90%4.88%
    Bharti Airtel Limited4.79%4.78%
    Power Grid Corporation of India Limited4.52%4.50%
    Maruti Suzuki India Limited4.11%4.12%
    UltraTech Cement Limited3.99%3.99%
    Divi's Laboratories Limited3.87%3.86%
    Bajaj Auto Limited3.82%3.83%

    Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.3% means 99.3% 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 Groww Nifty 500 Low Volatility 50 ETF

    Every holding of this fund is also held by the other.

    Largest holdings only in Nippon India Nifty 500 Low Volatility 50 Index Fund

    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

    AssetGroww Nifty 500 Low Volatility 50 ETFNippon India Nifty 500 Low Volatility 50 Index
    Equity99.6%99.8%
    Debt0.0%0.0%
    Cash and others0.4%0.3%

    Market cap of stocks

    Market capGroww Nifty 500 Low Volatility 50 ETFNippon India Nifty 500 Low Volatility 50 Index
    Large Cap80.5%80.3%
    Mid Cap17.7%18.1%
    Small Cap1.4%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

    SectorGroww Nifty 500 Low Volatility 50 ETFNippon India Nifty 500 Low Volatility 50 Index
    Pharmaceuticals & Biotechnology19.4%19.3%
    Automobiles12.0%12.0%
    Power11.6%11.6%
    IT - Software8.0%7.9%
    Banks7.0%7.0%
    Insurance5.5%5.5%

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

    Groww Nifty 500 Low Volatility 50 ETF vs Nippon India Nifty 500 Low Volatility 50 Index: Expense Ratio

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

    ChargeGroww Nifty 500 Low Volatility 50 ETFNippon India Nifty 500 Low Volatility 50 Index Fund
    Total expense ratio (Direct)Not available0.63%
    Base expense ratio (Direct)0.30%0.30%
    Total expense ratio (Regular)Not available1.23%
    Base expense ratio (Regular)0.00%0.81%

    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.

    Groww Nifty 500 Low Volatility 50 ETF vs Nippon India Nifty 500 Low Volatility 50 Index Fund: Frequently Asked Questions

    What is the difference between Groww Nifty 500 Low Volatility 50 ETF and Nippon India Nifty 500 Low Volatility 50 Index Fund?

    Groww Nifty 500 Low Volatility 50 ETF is an ETF fund, Nippon India Nifty 500 Low Volatility 50 Index Fund is a mutual fund, run by Groww Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 99.3%. Groww Nifty 500 Low Volatility 50 ETF charges 0.52% a year and Nippon India Nifty 500 Low Volatility 50 Index Fund 0.63%.

    Which has given higher returns, Groww Nifty 500 Low Volatility 50 ETF or Nippon India Nifty 500 Low Volatility 50 Index Fund?

    Over 1 year: Groww Nifty 500 Low Volatility 50 ETF −5.84%, Nippon India Nifty 500 Low Volatility 50 Index Fund −6.09%. As on 30-10-2026. Past returns do not promise future returns.

    Which has the lower expense ratio, Groww Nifty 500 Low Volatility 50 ETF or Nippon India Nifty 500 Low Volatility 50 Index Fund?

    Groww Nifty 500 Low Volatility 50 ETF charges less: 0.52% a year against 0.63%. These are the total expense ratios reported to AMFI.

    How much do Groww Nifty 500 Low Volatility 50 ETF and Nippon India Nifty 500 Low Volatility 50 Index Fund overlap?

    99.3%. 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 Groww Nifty 500 Low Volatility 50 ETF and Nippon India Nifty 500 Low Volatility 50 Index Fund?

    Yes. 99.3% 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.

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