Groww Nifty Smallcap 250 Momentum Quality 100 ETF vs Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
Groww Nifty Smallcap 250 Momentum Quality 100 ETF is an ETF fund and Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund is an Index fund. Groww Nifty Smallcap 250 Momentum Quality 100 ETF charges 1.23% a year and Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund 1.38%. Their portfolios overlap 99.8%: they hold 100 of the same securities.
Groww Nifty Smallcap 250 Momentum Quality 100 ETF
ETF
- Expense ratio
- 1.23%
- NAV
- ₹45.68
Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund
Index
- Expense ratio
- 1.38%
- NAV
- ₹9.95
Which is better, Groww Nifty Smallcap 250 Momentum Quality 100 ETF or Groww Nifty Smallcap 250 Momentum Quality 100 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 Smallcap 250 Momentum Quality 100 ETF costs less: 1.23% a year against 1.38%.
- Groww Nifty Smallcap 250 Momentum Quality 100 Index fell less in its worst fall since 19-06-2026: −10.2% against −10.2%.
- Groww Nifty Smallcap 250 Momentum Quality 100 Index is the larger fund: ₹9 Cr against ₹8 Cr.
- Their portfolios overlap 99.8%: 100 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 Smallcap 250 Momentum Quality 100 ETF | Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund |
|---|---|---|
| Fund house | Groww Mutual Fund | Groww Mutual Fund |
| Category | ETF | Index |
| AUM | ₹8 Cr (30-09-2026) | ₹9 Cr (30-09-2026) |
| NAV | ₹45.68 | ₹9.95 (Direct) |
| Expense ratio (Direct) | Not available | 1.38% |
| Expense ratio (Regular) | Not available | 1.95% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Smallcap 250 Momentum Quality 100 TRI | Nifty Smallcap 250 Momentum Quality 100 TRI |
| Launch date | 16-06-2026 | 17-06-2026 |
| Minimum investment | 1 Unit | ₹500 |
| Lock in | None | None |
| Fund managers | Aakash Chauhan, Nikhil Satam, Shashi Kumar | Aakash Chauhan, Nikhil Satam, Shashi Kumar |
| Exit load | Nil | Nil |
Groww Nifty Smallcap 250 Momentum Quality 100 ETF vs Groww Nifty Smallcap 250 Momentum Quality 100 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 Smallcap 250 Momentum Quality 100 ETF | −4.69% | −2.40% | -- | -- | -- | -- | -- |
| Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund (Direct) | −4.67% | −2.41% | -- | -- | -- | -- | -- |
Groww Nifty Smallcap 250 Momentum Quality 100 ETF vs Groww Nifty Smallcap 250 Momentum Quality 100 Index: Rolling Returns
Every holding period of both funds, against Nifty Smallcap250 Momentum Quality 100 TRI, the benchmark of both
Groww Nifty Smallcap 250 Momentum Quality 100 ETF vs Groww Nifty Smallcap 250 Momentum Quality 100 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Nifty Smallcap 250 Momentum Quality 100 ETF | Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.33% | −3.99% |
| Standard deviation | 16.13% | 16.22% |
| Sharpe ratio | -0.41 | -0.57 |
| Sortino ratio | -0.52 | -0.72 |
| Maximum drawdown | −10.2% (23-10-2026) | −10.2% (23-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.69% | −0.47% |
From daily NAVs, 17-06-2026 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 Smallcap 250 Momentum Quality 100 ETF
Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund (Direct)
Nifty Smallcap250 Momentum Quality 100 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Nifty Smallcap 250 Momentum Quality 100 ETF | −10.2% | 08-09-2026 | 23-10-2026 | Not yet | -- | −7.8% |
| Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund (Direct) | −10.2% | 08-09-2026 | 23-10-2026 | Not yet | -- | −7.8% |
| Nifty Smallcap250 Momentum Quality 100 TRI | −10.1% | 08-09-2026 | 23-10-2026 | Not yet | -- | −7.8% |
From daily values since 19-06-2026, the first day every fund has.
Groww Nifty Smallcap 250 Momentum Quality 100 ETF vs Groww Nifty Smallcap 250 Momentum Quality 100 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Nifty Smallcap 250 Momentum Quality 100 ETF, September 2026; Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund, September 2026
Holdings in common
- Overlap
- 99.8%
- Held by both
- 100
- Only in Groww Nifty Smallcap 250 Momentum Quality 100 ETF
- 0
- Only in Groww Nifty Smallcap 250 Momentum Quality 100 Index
- 0
| Security | % of Groww Nifty Smallcap 250 Momentum Quality 100 ETF | % of Groww Nifty Smallcap 250 Momentum Quality 100 Index |
|---|---|---|
| WELSPUN CORP LTD | 4.77% | 4.76% |
| Sona BLW Precision Forgings Limited | 3.68% | 3.67% |
| Navin Fluorine International Limited | 3.21% | 3.20% |
| Karur Vysya Bank Limited | 3.19% | 3.18% |
| HFCL Limited | 3.15% | 3.15% |
| Anand Rathi Wealth Limited | 3.01% | 3.01% |
| Gland Pharma Limited | 2.96% | 2.96% |
| Acutaas Chemicals Limited | 2.80% | 2.80% |
| AEGIS LOGISTICS LTD | 2.13% | 2.13% |
| Neuland Laboratories Ltd | 2.05% | 2.05% |
| Himadri Speciality Chemical Limited | 2.00% | 2.00% |
| Computer Age Management Services Limited | 2.00% | 2.00% |
| Central Depository Services (India) Ltd. | 1.99% | 1.99% |
| The Great Eastern Shipping Company Ltd | 1.93% | 1.93% |
| Angel One Limited | 1.83% | 1.82% |
| Data Patterns (India) Limited | 1.78% | 1.78% |
| City Union Bank Limited | 1.76% | 1.76% |
| Redington Limited | 1.69% | 1.69% |
| Dr. Lal Path Labs Ltd. | 1.69% | 1.69% |
| Granules India Limited | 1.68% | 1.68% |
| Hindustan Copper Limited | 1.65% | 1.65% |
| Manappuram Finance Limited | 1.38% | 1.38% |
| Elgi Equipments Limited | 1.36% | 1.36% |
| FINOLEX CABLES LTD | 1.31% | 1.31% |
| SCHNEIDER ELECTRIC INFRASTRUCTURE LTD. | 1.20% | 1.20% |
| PNB Housing Finance Limited | 1.20% | 1.20% |
| Amber Enterprises India Limited | 1.08% | 1.09% |
| Kajaria Ceramics Limited | 1.06% | 1.05% |
| Aditya Birla Sun Life Mutual Fund | 1.04% | 1.04% |
| CAPRI GLOBAL CAPITAL LTD | 1.00% | 1.00% |
| Crompton Greaves Consumer Electrical Ltd | 1.00% | 1.00% |
| ZF Comm. Vehicle Control Systems Ind Ltd | 0.99% | 0.98% |
| Castrol India Limited | 0.98% | 0.98% |
| USHA MARTIN LTD | 0.92% | 0.92% |
| Narayana Hrudayalaya Limited | 0.91% | 0.91% |
| Indian Energy Exchange Limited | 0.88% | 0.88% |
| GABRIEL INDIA LIMITED | 0.85% | 0.85% |
| VIJAYA DIAGNOSTIC CENTRE LIMITED | 0.83% | 0.83% |
| HBL Engineering Limited | 0.82% | 0.82% |
| Motherson Sumi Wiring India Limited | 0.81% | 0.81% |
| Engineers India Limited | 0.81% | 0.80% |
| The Jammu & Kashmir Bank Limited | 0.80% | 0.80% |
| FORCE MOTORS LTD. | 0.79% | 0.79% |
| TRIVENI TURBINE LTD. | 0.78% | 0.78% |
| Home First Finance Company India Limited | 0.77% | 0.77% |
| ITD CEMENTATION INDIA LIMITED | 0.75% | 0.75% |
| CCL Products (India) Limited | 0.73% | 0.73% |
| Chennai Petroleum Corporation Ltd. | 0.72% | 0.72% |
| ZEN TECHNOLOGIES LIMITED | 0.72% | 0.72% |
| Caplin Point Laboratories Limited | 0.71% | 0.71% |
| Natco Pharma Limited | 0.70% | 0.70% |
| Shyam Metalics and Energy Ltd. | 0.67% | 0.66% |
| ANANT RAJ LIMITED | 0.64% | 0.64% |
| Amara Raja Energy & Mobility Limited | 0.64% | 0.64% |
| NAVA LIMITED | 0.64% | 0.64% |
| Affle (India) Limited | 0.63% | 0.63% |
| Jindal Saw Ltd | 0.63% | 0.63% |
| EMAMI LTD | 0.62% | 0.62% |
| GARDEN REACH SHIPBUILDERS & ENGINEER LTD | 0.61% | 0.61% |
| Vardhman Textiles Limited | 0.61% | 0.60% |
| Welspun Living Limited | 0.58% | 0.58% |
| Cyient Limited | 0.57% | 0.57% |
| Creditaccess Grameen Limited | 0.57% | 0.57% |
| PG Electroplast Limited | 0.56% | 0.56% |
| Gillette India Limited | 0.54% | 0.54% |
| eClerx Services Limited | 0.54% | 0.54% |
| Zydus Wellness Ltd | 0.52% | 0.52% |
| Godawari Power And Ispat limited | 0.52% | 0.52% |
| JSW Dulux Limited | 0.51% | 0.51% |
| CHOICE INTERNATIONAL LIMITED | 0.48% | 0.48% |
| Action Construction Equipment Ltd | 0.47% | 0.47% |
| Mahanagar Gas Limited | 0.47% | 0.47% |
| BEML Limited | 0.47% | 0.47% |
| Chambal Fertilizers & Chemicals Limited | 0.47% | 0.47% |
| Poly Medicure Ltd | 0.47% | 0.47% |
| Olectra Greentech Limited | 0.45% | 0.45% |
| TITAGARH RAIL SYSTEMS LIMITED | 0.45% | 0.45% |
| Indiamart Intermesh Ltd | 0.41% | 0.41% |
| CEAT Limited | 0.41% | 0.40% |
| Saregama India Limited | 0.38% | 0.38% |
| SONATA SOFTWARE LIMITED | 0.37% | 0.37% |
| Gujarat Mineral Development Corp. | 0.37% | 0.37% |
| Lt Foods Ltd | 0.37% | 0.37% |
| GRAPHITE INDIA LTD | 0.37% | 0.37% |
| TECHNO ELECTRIC & ENGINEERING COMPANY LI | 0.35% | 0.35% |
| GRAVITA INDIA LIMITED | 0.35% | 0.35% |
| INTELLECT DESIGN ARENA LTD | 0.35% | 0.35% |
| Elecon Engineering Company Limited | 0.34% | 0.34% |
| SARDA ENERGY & MINERALS LTD | 0.33% | 0.33% |
| NCC Limited | 0.31% | 0.31% |
| Zensar Technologies Limited | 0.30% | 0.30% |
| Birlasoft Ltd | 0.30% | 0.30% |
| Transformers & Rectifiers (India) Ltd | 0.24% | 0.24% |
| BLS International Services Limited | 0.22% | 0.22% |
| Newgen Software Technologies Limited | 0.22% | 0.22% |
| JUPITER WAGONS LIMITED | 0.21% | 0.21% |
| RITES LIMITED | 0.19% | 0.19% |
| RAILTEL CORPORATION OF INDIA LIMITED | 0.17% | 0.17% |
| LATENT VIEW ANALYTICS LIMITED | 0.11% | 0.11% |
| C.E. Info Systems Limited | 0.10% | 0.10% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.8% means 99.8% 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 Smallcap 250 Momentum Quality 100 ETF
Every holding of this fund is also held by the other.
Largest holdings only in Groww Nifty Smallcap 250 Momentum Quality 100 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
| Asset | Groww Nifty Smallcap 250 Momentum Quality 100 ETF | Groww Nifty Smallcap 250 Momentum Quality 100 Index |
|---|---|---|
| Equity | 99.9% | 99.8% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.1% | 0.2% |
Market cap of stocks
| Market cap | Groww Nifty Smallcap 250 Momentum Quality 100 ETF | Groww Nifty Smallcap 250 Momentum Quality 100 Index |
|---|---|---|
| Large Cap | 0.0% | 0.0% |
| Mid Cap | 6.2% | 6.2% |
| Small Cap | 93.7% | 93.6% |
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 Smallcap 250 Momentum Quality 100 ETF | Groww Nifty Smallcap 250 Momentum Quality 100 Index |
|---|---|---|
| Industrial Products | 11.4% | 11.3% |
| Pharmaceuticals & Biotechnology | 10.9% | 10.9% |
| Capital Markets | 10.8% | 10.7% |
| Auto Components | 7.4% | 7.4% |
| Banks | 5.8% | 5.8% |
| Finance | 5.4% | 5.4% |
The six largest sectors of each fund's stocks, % of the fund.
Groww Nifty Smallcap 250 Momentum Quality 100 ETF vs Groww Nifty Smallcap 250 Momentum Quality 100 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Nifty Smallcap 250 Momentum Quality 100 ETF | Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 1.38% |
| Base expense ratio (Direct) | 0.47% | 0.40% |
| Total expense ratio (Regular) | Not available | 1.95% |
| Base expense ratio (Regular) | 0.00% | 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 Smallcap 250 Momentum Quality 100 ETF vs Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund: Frequently Asked Questions
What is the difference between Groww Nifty Smallcap 250 Momentum Quality 100 ETF and Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund?
Groww Nifty Smallcap 250 Momentum Quality 100 ETF is an ETF fund, Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund is an Index fund, run by Groww Mutual Fund. Their portfolios overlap 99.8%. Groww Nifty Smallcap 250 Momentum Quality 100 ETF charges 1.23% a year and Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund 1.38%.
Which has the lower expense ratio, Groww Nifty Smallcap 250 Momentum Quality 100 ETF or Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund?
Groww Nifty Smallcap 250 Momentum Quality 100 ETF charges less: 1.23% a year against 1.38%. These are the total expense ratios reported to AMFI.
How much do Groww Nifty Smallcap 250 Momentum Quality 100 ETF and Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund overlap?
99.8%. They hold 100 of the same securities, the largest shared ones being WELCORP, SONACOMS, NAVINFLUOR. From each fund's latest monthly portfolio.
Which is riskier, Groww Nifty Smallcap 250 Momentum Quality 100 ETF or Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund?
On SEBI's riskometer, Groww Nifty Smallcap 250 Momentum Quality 100 ETF is rated Very High and Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund Very High. Over their common history, the standard deviation of daily returns was 16.13% and 16.22% a year.
Can I invest in both Groww Nifty Smallcap 250 Momentum Quality 100 ETF and Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund?
Yes. 99.8% 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 Smallcap 250 Momentum Quality 100 ETF and Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund?
Groww Nifty Smallcap 250 Momentum Quality 100 ETF: Aakash Chauhan, Nikhil Satam, Shashi Kumar. Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund: 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.