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    Groww Nifty Next 50 Index Fund vs Navi Nifty Next 50 Index Fund

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

    Groww Nifty Next 50 Index Fund is an Index fund and Navi Nifty Next 50 Index Fund is an Index fund. In the year to 30-10-2026, Groww Nifty Next 50 Index Fund (Direct) returned −2.8% and Navi Nifty Next 50 Index Fund (Direct) returned −2.8%. Groww Nifty Next 50 Index Fund charges 0.52% a year and Navi Nifty Next 50 Index Fund 0.29% (Direct plans). Their portfolios overlap 99.9%: they hold 50 of the same securities.

    Groww Nifty Next 50 Index Fund

    Index

    1 year return
    −2.8%
    Expense ratio
    0.52%
    NAV
    ₹10.05
    See Groww Nifty Next 50 Index Fund

    Navi Nifty Next 50 Index Fund

    Index

    1 year return
    −2.8%
    Expense ratio
    0.29%
    NAV
    ₹16.17
    See Navi Nifty Next 50 Index Fund

    Which is better, Groww Nifty Next 50 Index or Navi Nifty Next 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.

    • Navi Nifty Next 50 Index returned more over 1 year: −2.8% against −2.8%.
    • Navi Nifty Next 50 Index costs less: 0.29% a year against 0.52% (Direct plans).
    • Groww Nifty Next 50 Index fell less in its worst fall since 26-08-2025: −14.3% against −14.5%.
    • Navi Nifty Next 50 Index is the larger fund: ₹1,275 Cr against ₹11 Cr.
    • Their portfolios overlap 99.9%: 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 Next 50 Index FundNavi Nifty Next 50 Index Fund
    Fund houseGroww Mutual FundNavi Mutual Fund
    CategoryIndexIndex
    AUM₹11 Cr (30-09-2026)₹1,275 Cr (30-09-2026)
    NAV₹10.05 (Direct)₹16.17 (Direct)
    Expense ratio (Direct)0.52%0.29%
    Expense ratio (Regular)1.21%1.17%
    RiskometerVery HighVery High
    BenchmarkNifty Next 50 TRINifty Next 50 TRI
    Launch date25-08-202519-01-2022
    Minimum investment₹500₹100
    Lock inNoneNone
    Fund managersAakash Chauhan, Nikhil Satam, Shashi KumarAshutosh Shirwaikar
    Exit loadNilNIL

    Groww Nifty Next 50 Index vs Navi Nifty Next 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 Next 50 Index Fund (Direct)−2.89%−6.58%−2.43%−2.84%------
    Navi Nifty Next 50 Index Fund (Direct)−2.88%−6.61%−2.38%−2.80%+16.07%----

    Groww Nifty Next 50 Index vs Navi Nifty Next 50 Index: Year-wise Returns

    YearGrowwGroww Nifty Next 50 IndexNaviNavi Nifty Next 50 IndexNifty Next 50 TRI
    2026to date−1.80%−1.80%−1.53%
    2025--+2.47%+2.90%
    2024--+27.77%+28.37%
    2023--+26.72%+27.24%

    Groww Nifty Next 50 Index vs Navi Nifty Next 50 Index: Rolling Returns

    Every holding period of both funds, against Nifty Next 50 TRI, the benchmark of both

    Rolling returns

    Every 1-year holding period, 43 of them, one for each trading day from 26-08-2026 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.

    −5%0%5%10%15%
    Aug 2025
    to
    Aug 2026    Sept 2025
    to
    Sept 2026    Sept 2025
    to
    Sept 2026    Oct 2025
    to
    Oct 2026    Oct 2025
    to
    Oct 2026    Oct 2025
    to
    Oct 2026
    Groww Nifty Next 50 Index Fund (Direct)Navi Nifty Next 50 Index Fund (Direct)Nifty Next 50 TRI

    How the periods spread

    FundBelow 0%0-5%5-10%10-15%15-20%20-25%Above 25%MeanMedianLowestHighestBeat benchmark
    Groww Nifty Next 50 Index23.341.925.69.30.00.00.03.8%3.0%−4.6%12.9%0%
    Navi Nifty Next 50 Index23.341.925.69.30.00.00.03.9%3.2%−4.6%13.0%0%
    Nifty Next 50 TRI16.348.823.311.60.00.00.04.2%3.6%−4.3%13.5%--

    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 Next 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 26-08-2025. Past returns do not promise future returns.

    Groww Nifty Next 50 Index vs Navi Nifty Next 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 26-08-2025 to 30-10-2026: 15 instalments, ₹1,50,000 in all.

    InvestmentInvestedValue nowGainReturn a year
    Groww Nifty Next 50 IndexGroww Nifty Next 50 Index Fund (Direct) ₹1,50,000 ₹1,47,743 −₹2,257 −2.3%
    Navi Nifty Next 50 IndexNavi Nifty Next 50 Index Fund (Direct) ₹1,50,000 ₹1,47,893 −₹2,107 −2.1%
    ₹0₹50,000₹1.0 L₹1.5 L₹2.0 L
    2026
    Groww Nifty Next 50 IndexGroww Nifty Next 50 Index Fund (Direct)Navi Nifty Next 50 IndexNavi Nifty Next 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 Next 50 Index vs Navi Nifty Next 50 Index: Risk and Drawdowns

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

    Risk and return

    MeasureGroww Nifty Next 50 Index Fund (Direct)Navi Nifty Next 50 Index Fund (Direct)
    Return (CAGR)−2.84%−2.80%
    Standard deviation17.33%17.39%
    Sharpe ratio-0.47-0.46
    Sortino ratio-0.62-0.62
    Maximum drawdown−14.3% (31-03-2026)−14.5% (30-03-2026)
    Beta1.001.00
    Alpha−0.37%−0.30%

    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 Next 50 Index Fund (Direct)Navi Nifty Next 50 Index Fund (Direct)Nifty Next 50 TRI
    FundWorst fallHigh before itBottomBack at the highTime to climb backBelow its high today
    Groww Nifty Next 50 Index Fund (Direct)−14.3%07-01-202631-03-202621-04-202621 days−9.3%
    Navi Nifty Next 50 Index Fund (Direct)−14.5%26-02-202630-03-202621-04-202622 days−9.3%
    Nifty Next 50 TRI−14.4%26-02-202630-03-202621-04-202622 days−9.3%

    From daily values since 26-08-2025, 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%20%
    Groww Nifty Next 50 Index Fund (Direct)Navi Nifty Next 50 Index Fund (Direct)Nifty Next 50 TRI

    Against Nifty Next 50 TRI

    FundUp captureDown captureTracking error
    Groww Nifty Next 50 Index Fund (Direct)98%100%0.20%
    Navi Nifty Next 50 Index Fund (Direct)99%100%0.09%

    From month-end values since 26-08-2025. 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 Next 50 Index vs Navi Nifty Next 50 Index: Portfolio Overlap

    From each fund's latest monthly portfolio: Groww Nifty Next 50 Index Fund, September 2026; Navi Nifty Next 50 Index Fund, September 2026

    Holdings in common

    Overlap
    99.9%
    Held by both
    50
    Only in Groww Nifty Next 50 Index
    0
    Only in Navi Nifty Next 50 Index
    0
    Security% of Groww Nifty Next 50 Index% of Navi Nifty Next 50 Index
    Divi's Laboratories Limited4.83%4.84%
    TVS Motor Company Limited3.95%3.95%
    Hindustan Aeronautics Limited3.63%3.63%
    Tata Motors Limited3.61%3.62%
    Adani Power Limited3.48%3.48%
    Samvardhana Motherson International Ltd2.96%2.96%
    Torrent Pharmaceuticals Limited2.89%2.90%
    Cholamandalam Invest & Finance Co Ltd2.88%2.88%
    Vedanta Aluminium Metal Limited2.87%2.87%
    Cummins India Limited2.63%2.64%

    Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.9% means 99.9% 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 Groww Nifty Next 50 Index Fund

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

    Largest holdings only in Navi Nifty Next 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 Next 50 IndexNavi Nifty Next 50 Index
    Equity100.0%100.1%
    Debt0.0%0.0%
    Cash and others0.0%-0.1%

    Market cap of stocks

    Market capGroww Nifty Next 50 IndexNavi Nifty Next 50 Index
    Large Cap95.3%95.5%
    Mid Cap4.7%4.7%
    Small Cap0.0%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

    SectorGroww Nifty Next 50 IndexNavi Nifty Next 50 Index
    POWER0.0%9.5%
    Power9.5%0.0%
    FINANCE0.0%9.4%
    Finance9.4%0.0%
    PHARMACEUTICALS & BIOTECHNOLOGY0.0%8.9%
    Pharmaceuticals & Biotechnology8.9%0.0%
    ELECTRICAL EQUIPMENT0.0%8.0%
    Electrical Equipment8.0%0.0%
    Banks6.3%0.0%
    BANKS0.0%6.3%
    Automobiles5.1%0.0%
    AUTOMOBILES0.0%5.1%

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

    Groww Nifty Next 50 Index vs Navi Nifty Next 50 Index: Expense Ratio

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

    ChargeGroww Nifty Next 50 Index FundNavi Nifty Next 50 Index Fund
    Total expense ratio (Direct)0.52%0.29%
    Base expense ratio (Direct)0.30%0.15%
    Total expense ratio (Regular)1.21%1.17%
    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.

    Groww Nifty Next 50 Index Fund vs Navi Nifty Next 50 Index Fund: Frequently Asked Questions

    What is the difference between Groww Nifty Next 50 Index Fund and Navi Nifty Next 50 Index Fund?

    Groww Nifty Next 50 Index Fund is an Index fund, Navi Nifty Next 50 Index Fund is an Index fund, run by Groww Mutual Fund and Navi Mutual Fund. Their portfolios overlap 99.9%. Groww Nifty Next 50 Index Fund charges 0.52% a year and Navi Nifty Next 50 Index Fund 0.29%.

    Which has given higher returns, Groww Nifty Next 50 Index Fund or Navi Nifty Next 50 Index Fund?

    Over 1 year: Groww Nifty Next 50 Index Fund −2.84%, Navi Nifty Next 50 Index Fund −2.80%. As on 30-10-2026. Past returns do not promise future returns.

    Which has the lower expense ratio, Groww Nifty Next 50 Index Fund or Navi Nifty Next 50 Index Fund?

    Navi Nifty Next 50 Index Fund charges less: 0.29% a year against 0.52%. These are the Direct plans' total expense ratios reported to AMFI.

    How much do Groww Nifty Next 50 Index Fund and Navi Nifty Next 50 Index Fund overlap?

    99.9%. They hold 50 of the same securities, the largest shared ones being DIVISLAB, TVSMOTOR, HAL. From each fund's latest monthly portfolio.

    Which is riskier, Groww Nifty Next 50 Index Fund or Navi Nifty Next 50 Index Fund?

    On SEBI's riskometer, Groww Nifty Next 50 Index Fund is rated Very High and Navi Nifty Next 50 Index Fund Very High. Over 1 years, the standard deviation of daily returns was 17.33% and 17.39% a year.

    Can I invest in both Groww Nifty Next 50 Index Fund and Navi Nifty Next 50 Index Fund?

    Yes. 99.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.

    Who manages Groww Nifty Next 50 Index Fund and Navi Nifty Next 50 Index Fund?

    Groww Nifty Next 50 Index Fund: Aakash Chauhan, Nikhil Satam, Shashi Kumar. Navi Nifty Next 50 Index Fund: Ashutosh Shirwaikar.

    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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