Groww Nifty 500 Low Volatility 50 ETF vs SBI Nifty100 Low Volatility 30 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 SBI Nifty100 Low Volatility 30 Index Fund is a mutual fund. In the year to 30-10-2026, Groww Nifty 500 Low Volatility 50 ETF returned −5.8% and SBI Nifty100 Low Volatility 30 Index Fund (Direct) returned −8.0%. Groww Nifty 500 Low Volatility 50 ETF charges 0.52% a year and SBI Nifty100 Low Volatility 30 Index Fund 0.52%. Their portfolios overlap 53.0%: they hold 19 of the same securities.
Groww Nifty 500 Low Volatility 50 ETF
ETF
- 1 year return
- −5.8%
- Expense ratio
- 0.52%
- NAV
- ₹9.99
SBI Nifty100 Low Volatility 30 Index Fund
- 1 year return
- −8.0%
- Expense ratio
- 0.52%
- NAV
- ₹9.66
Which is better, Groww Nifty 500 Low Volatility 50 ETF or SBI Nifty100 Low Volatility 30 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 −8.0%.
- Groww Nifty 500 Low Volatility 50 ETF fell less in its worst fall since 31-07-2025: −12.6% against −14.3%.
- SBI Nifty100 Low Volatility 30 Index holds more in large companies: 96.8% of the fund in large caps against 80.5%.
- SBI Nifty100 Low Volatility 30 Index is the larger fund: ₹52 Cr against ₹4 Cr.
- Their portfolios overlap 53.0%: 19 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 | Groww Nifty 500 Low Volatility 50 ETF | SBI Nifty100 Low Volatility 30 Index Fund |
|---|---|---|
| Fund house | Groww Mutual Fund | SBI Mutual Fund |
| Category | ETF | Not available |
| AUM | ₹4 Cr (30-09-2026) | ₹52 Cr (30-09-2026) |
| NAV | ₹9.99 | ₹9.66 (Direct) |
| Expense ratio (Direct) | Not available | 0.52% |
| Expense ratio (Regular) | Not available | 0.92% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty 500 Low Volatility 50 TRI | Not available |
| Launch date | 13-06-2025 | Not available |
| Minimum investment | 1 Unit | Not available |
| Lock in | None | Not available |
| Fund managers | Aakash Chauhan, Nikhil Satam, Shashi Kumar | Not available |
| Exit load | Nil | Not available |
Groww Nifty 500 Low Volatility 50 ETF vs SBI Nifty100 Low Volatility 30 Index: 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 |
|---|---|---|---|---|---|---|---|
| Groww Nifty 500 Low Volatility 50 ETF | +1.51% | −6.10% | −3.34% | −5.84% | -- | -- | -- |
| SBI Nifty100 Low Volatility 30 Index Fund (Direct) | +1.27% | −7.39% | −2.68% | −7.95% | -- | -- | -- |
Groww Nifty 500 Low Volatility 50 ETF vs SBI Nifty100 Low Volatility 30 Index: Year-wise Returns
| Year | Groww Nifty 500 Low Volatility 50 ETFGroww Nifty 500 Low Volatility 50 ETF | SBI Nifty100 Low Volatility 30 IndexSBI Nifty100 Low Volatility 30 Index |
|---|---|---|
| 2026to date | −6.87% | −9.45% |
Groww Nifty 500 Low Volatility 50 ETF vs SBI Nifty100 Low Volatility 30 Index: Rolling Returns
Every holding period of both funds, against Nifty500 Low Volatility 50 TRI, the benchmark of Groww Nifty 500 Low Volatility 50 ETF
Rolling returns
Every 1-year holding period, 61 of them, one for each trading day from 31-07-2026 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.
Groww Nifty 500 Low Volatility 50 ETF
SBI Nifty100 Low Volatility 30 Index Fund (Direct)
Nifty500 Low Volatility 50 TRI
to
Aug 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Groww Nifty 500 Low Volatility 50 ETF | 59.0 | 21.3 | 19.7 | 0.0 | 0.0 | 0.0 | 0.0 | −1.0% | −2.6% | −9.3% | 9.5% | 0% |
| SBI Nifty100 Low Volatility 30 Index | 73.8 | 19.7 | 6.6 | 0.0 | 0.0 | 0.0 | 0.0 | −3.0% | −4.3% | −10.9% | 6.1% | 0% |
| Nifty500 Low Volatility 50 TRI | 57.4 | 23.0 | 18.0 | 1.6 | 0.0 | 0.0 | 0.0 | −0.5% | −2.1% | −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 31-07-2025. Past returns do not promise future returns.
Groww Nifty 500 Low Volatility 50 ETF vs SBI Nifty100 Low Volatility 30 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
₹10,000 on the first trading day of every month, from 01-07-2025 to 30-10-2026: 16 instalments, ₹1,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Groww Nifty 500 Low Volatility 50 ETFGroww Nifty 500 Low Volatility 50 ETF | ₹1,60,000 | ₹1,55,453 | −₹4,547 | −4.0% |
| SBI Nifty100 Low Volatility 30 IndexSBI Nifty100 Low Volatility 30 Index Fund (Direct) | ₹1,60,000 | ₹1,52,755 | −₹7,245 | −6.5% |
Groww Nifty 500 Low Volatility 50 ETFGroww Nifty 500 Low Volatility 50 ETF
SBI Nifty100 Low Volatility 30 IndexSBI Nifty100 Low Volatility 30 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 SBI Nifty100 Low Volatility 30 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Nifty 500 Low Volatility 50 ETF | SBI Nifty100 Low Volatility 30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −5.84% | −7.95% |
| Standard deviation | 11.95% | 12.35% |
| Sharpe ratio | -0.93 | -1.07 |
| Sortino ratio | -1.21 | -1.40 |
| Maximum drawdown | −12.6% (08-10-2026) | −14.3% (31-03-2026) |
| Beta | 0.99 | 1.00 |
| Alpha | −0.51% | −0.47% |
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.
| Measure | Groww Nifty 500 Low Volatility 50 ETF | SBI Nifty100 Low Volatility 30 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −0.55% | −3.38% |
| Standard deviation | 11.17% | 11.72% |
| Sharpe ratio | -0.53 | -0.74 |
| Sortino ratio | -0.70 | -0.99 |
| Maximum drawdown | −12.6% (08-10-2026) | −14.3% (31-03-2026) |
| Beta | 0.99 | 1.00 |
| Alpha | −0.56% | −0.48% |
From daily NAVs, 16-06-2025 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.
Groww Nifty 500 Low Volatility 50 ETF
SBI Nifty100 Low Volatility 30 Index Fund (Direct)
Nifty500 Low Volatility 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Nifty 500 Low Volatility 50 ETF | −12.6% | 06-01-2026 | 08-10-2026 | Not yet | -- | −8.6% |
| SBI Nifty100 Low Volatility 30 Index Fund (Direct) | −14.3% | 07-01-2026 | 31-03-2026 | Not yet | -- | −10.5% |
| Nifty500 Low Volatility 50 TRI | −12.4% | 06-01-2026 | 08-10-2026 | Not yet | -- | −8.4% |
From daily values since 31-07-2025, 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.
Groww Nifty 500 Low Volatility 50 ETF
SBI Nifty100 Low Volatility 30 Index Fund (Direct)
Nifty500 Low Volatility 50 TRI
Against Nifty500 Low Volatility 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Groww Nifty 500 Low Volatility 50 ETF | 98% | 100% | 0.21% |
| SBI Nifty100 Low Volatility 30 Index Fund (Direct) | 80% | 101% | 3.86% |
From month-end values since 31-07-2025. 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 SBI Nifty100 Low Volatility 30 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Nifty 500 Low Volatility 50 ETF, September 2026; SBI Nifty100 Low Volatility 30 Index Fund, September 2026
Holdings in common
- Overlap
- 53.0%
- Held by both
- 19
- Only in Groww Nifty 500 Low Volatility 50 ETF
- 31
- Only in SBI Nifty100 Low Volatility 30 Index
- 11
| Security | % of Groww Nifty 500 Low Volatility 50 ETF | % of SBI Nifty100 Low Volatility 30 Index |
|---|---|---|
| Sun Pharmaceutical Industries Limited | 4.94% | 3.82% |
| NTPC Limited | 4.90% | 3.79% |
| Bharti Airtel Limited | 4.79% | 3.65% |
| Apollo Hospitals Enterprise Limited | 3.49% | 3.81% |
| Power Grid Corporation of India Limited | 4.52% | 3.39% |
| Maruti Suzuki India Limited | 4.11% | 3.17% |
| UltraTech Cement Limited | 3.99% | 3.16% |
| Bajaj Auto Limited | 3.82% | 3.13% |
| State Bank of India | 4.99% | 3.08% |
| Asian Paints Limited | 2.98% | 3.04% |
| Torrent Pharmaceuticals Limited | 2.72% | 3.32% |
| Cipla Limited | 2.64% | 3.42% |
| Tata Consultancy Services Limited | 4.92% | 2.59% |
| Dr. Reddy's Laboratories Limited | 2.31% | 3.23% |
| The Tata Power Company Limited | 2.18% | 3.42% |
| Britannia Industries Limited | 2.17% | 3.68% |
| HDFC Life Insurance Company Limited | 1.94% | 3.27% |
| Pidilite Industries Limited | 1.72% | 2.97% |
| Wipro Limited | 1.06% | 2.82% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 53.0% means 53.0% 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
| Security | % of fund |
|---|---|
| Divi's Laboratories Limited | 3.87% |
| Coal India Limited | 3.15% |
| Oil & Natural Gas Corporation Limited | 2.62% |
| Marico Limited | 2.09% |
| Eicher Motors Limited | 2.06% |
Largest holdings only in SBI Nifty100 Low Volatility 30 Index Fund
| Security | % of fund |
|---|---|
| ICICI Bank Ltd. | 3.84% |
| Kotak Mahindra Bank Ltd. | 3.63% |
| SBI Life Insurance Co. Ltd. | 3.62% |
| Nestle India Ltd. | 3.53% |
| ITC Ltd. | 3.50% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Groww Nifty 500 Low Volatility 50 ETF | SBI Nifty100 Low Volatility 30 Index |
|---|---|---|
| Equity | 99.6% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.4% | 0.0% |
Market cap of stocks
| Market cap | Groww Nifty 500 Low Volatility 50 ETF | SBI Nifty100 Low Volatility 30 Index |
|---|---|---|
| Large Cap | 80.5% | 96.8% |
| Mid Cap | 17.7% | 3.2% |
| Small Cap | 1.4% | 0.0% |
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 | Groww Nifty 500 Low Volatility 50 ETF | SBI Nifty100 Low Volatility 30 Index |
|---|---|---|
| Pharmaceuticals & Biotechnology | 19.4% | 13.8% |
| Banks | 7.0% | 13.9% |
| Automobiles | 12.0% | 6.3% |
| Power | 11.6% | 10.6% |
| IT - Software | 8.0% | 5.4% |
| Food Products | 2.2% | 7.2% |
| Insurance | 5.5% | 6.9% |
| Diversified FMCG | 0.0% | 6.9% |
The six largest sectors of each fund's stocks, % of the fund.
Groww Nifty 500 Low Volatility 50 ETF vs SBI Nifty100 Low Volatility 30 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Nifty 500 Low Volatility 50 ETF | SBI Nifty100 Low Volatility 30 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.52% |
| Base expense ratio (Direct) | 0.30% | 0.33% |
| Total expense ratio (Regular) | Not available | 0.92% |
| Base expense ratio (Regular) | 0.00% | 0.67% |
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 SBI Nifty100 Low Volatility 30 Index Fund: Frequently Asked Questions
What is the difference between Groww Nifty 500 Low Volatility 50 ETF and SBI Nifty100 Low Volatility 30 Index Fund?
Groww Nifty 500 Low Volatility 50 ETF is an ETF fund, SBI Nifty100 Low Volatility 30 Index Fund is a mutual fund, run by Groww Mutual Fund and SBI Mutual Fund. Their portfolios overlap 53.0%. Groww Nifty 500 Low Volatility 50 ETF charges 0.52% a year and SBI Nifty100 Low Volatility 30 Index Fund 0.52%.
Which has given higher returns, Groww Nifty 500 Low Volatility 50 ETF or SBI Nifty100 Low Volatility 30 Index Fund?
Over 1 year: Groww Nifty 500 Low Volatility 50 ETF −5.84%, SBI Nifty100 Low Volatility 30 Index Fund −7.95%. 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 SBI Nifty100 Low Volatility 30 Index Fund?
Both charge 0.52% a year.
How much do Groww Nifty 500 Low Volatility 50 ETF and SBI Nifty100 Low Volatility 30 Index Fund overlap?
53.0%. They hold 19 of the same securities, the largest shared ones being SUNPHARMA, NTPC, BHARTIARTL. From each fund's latest monthly portfolio.
Can I invest in both Groww Nifty 500 Low Volatility 50 ETF and SBI Nifty100 Low Volatility 30 Index Fund?
Yes. 53.0% 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.