Groww Small Cap Fund vs Groww Value Fund
Direct Plan, Growth option · Data as on 30-10-2026
Groww Small Cap Fund is a Small Cap fund and Groww Value Fund is a Value and Contra fund. Groww Small Cap Fund charges 1.06% a year and Groww Value Fund 1.56% (Direct plans). Their portfolios overlap 22.1%: they hold 17 of the same securities.
Which is better, Groww Small Cap or Groww Value? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Groww Small Cap costs less: 1.06% a year against 1.56% (Direct plans).
- Groww Small Cap fell less in its worst fall since 02-02-2026: −10.8% against −13.2%.
- Groww Value holds more in large companies: 42.3% of the fund in large caps against 0.0%.
- Groww Small Cap is the larger fund: ₹966 Cr against ₹80 Cr.
- Their portfolios overlap 22.1%: 17 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 Small Cap Fund | Groww Value Fund |
|---|---|---|
| Fund house | Groww Mutual Fund | Groww Mutual Fund |
| Category | Small Cap | Value and Contra |
| AUM | ₹966 Cr (30-09-2026) | ₹80 Cr (30-09-2026) |
| NAV | ₹12.09 (Direct) | ₹31.20 (Direct) |
| Expense ratio (Direct) | 1.06% | 1.56% |
| Expense ratio (Regular) | 2.70% | 2.92% |
| Riskometer | Low to Moderate | Very High |
| Benchmark | Nifty Smallcap 250 TRI | Nifty 500 TRI |
| Launch date | 29-01-2026 | 08-09-2015 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | None |
| Fund managers | Anupam Tiwari, Gagan Thareja, Fund Manager), Saptarshee Chatterjee, Nikhil Satam, amp, Dealer - Equity) | Gagan Thareja, Saptarshee Chatterjee, Anupam Tiwari, Nikhil Satam |
| Exit load | Exit load of 1%, if redeemed within 1 Year. | 1% if redeemed/switched out within 1year from the date of allotment,Nil, if redeemed/switched out after 1year from the date of allotment |
Groww Small Cap vs Groww Value: 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 Small Cap Fund (Direct) | −6.67% | +0.37% | +10.28% | -- | -- | -- | -- |
| Groww Value Fund (Direct) | −2.93% | −6.28% | −1.48% | −6.64% | +11.38% | +9.74% | +10.15% |
| Small Cap average | −5.86% | −3.28% | +5.03% | -- | -- | -- | -- |
| Value and Contra average | −2.09% | −5.76% | −3.23% | −5.72% | +11.83% | +11.08% | +12.63% |
Category average: the average of the 36 Small Cap funds and the 30 Value and Contra funds, same plan type.
Groww Small Cap vs Groww Value: Year-wise Returns
| Year | Small CapGroww Small Cap | ValueGroww Value |
|---|---|---|
| 2026to date | -- | −5.57% |
| 2025 | -- | +9.74% |
| 2024 | -- | +12.87% |
| 2023 | -- | +32.82% |
| 2022 | -- | +4.19% |
| 2021 | -- | +28.95% |
Groww Small Cap vs Groww Value: Rolling Returns
Every holding period of both funds, against Nifty Smallcap 250 TRI, the benchmark of Groww Small Cap Fund
Groww Small Cap vs Groww Value: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Small Cap Fund (Direct) | Groww Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +28.80% | +10.75% |
| Standard deviation | 18.04% | 15.16% |
| Sharpe ratio | 1.31 | 0.34 |
| Sortino ratio | 1.86 | 0.46 |
| Maximum drawdown | −10.8% (23-10-2026) | −46.6% (23-03-2020) |
| Beta | 0.86 | 0.88 |
| Alpha | +17.88% | −1.12% |
From daily NAVs, 02-02-2026 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 Small Cap Fund (Direct)
Groww Value Fund (Direct)
Nifty Smallcap 250 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Small Cap Fund (Direct) | −10.8% | 23-09-2026 | 23-10-2026 | Not yet | -- | −8.6% |
| Groww Value Fund (Direct) | −13.2% | 11-02-2026 | 31-03-2026 | 01-07-2026 | 3 months | −7.8% |
| Nifty Smallcap 250 TRI | −13.0% | 11-02-2026 | 23-03-2026 | 17-04-2026 | 25 days | −9.4% |
From daily values since 02-02-2026, the first day every fund has.
Groww Small Cap vs Groww Value: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Small Cap Fund, September 2026; Groww Value Fund, September 2026
Holdings in common
- Overlap
- 22.1%
- Held by both
- 17
- Only in Groww Small Cap
- 50
- Only in Groww Value
- 34
| Security | % of Groww Small Cap | % of Groww Value |
|---|---|---|
| Ujjivan Small Finance Bank Limited | 2.89% | 2.91% |
| Manipal Payment Identity Solutions Ltd | 3.50% | 2.27% |
| Indegene Limited | 2.17% | 2.13% |
| Yatharth Hospital & Trauma Care Serv Ltd | 1.88% | 3.14% |
| Sharda Motor Industries Limited | 1.67% | 2.24% |
| Sagility Limited | 1.63% | 1.75% |
| Galaxy Surfactants Limited | 1.46% | 1.63% |
| Narayana Hrudayalaya Limited | 1.44% | 1.94% |
| LG BALAKRISHNAN & BROS LIMITED | 1.40% | 1.40% |
| Shyam Metalics and Energy Ltd. | 1.19% | 1.24% |
| CEAT Limited | 1.45% | 1.11% |
| Elecon Engineering Company Limited | 1.01% | 0.97% |
| J.Kumar Infraprojects Limited | 0.82% | 0.62% |
| TENNECO CLEAN AIR INDIA LIMITED | 2.83% | 0.52% |
| Angel One Limited | 0.52% | 0.71% |
| Asset Reconstruction Company (India)Ltd | 0.36% | 1.31% |
| Disa India Limited | 0.04% | 0.37% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 22.1% means 22.1% 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 Small Cap Fund
| Security | % of fund |
|---|---|
| TD Power Systems Limited | 3.55% |
| OnEMI Technology Solutions Limited | 2.75% |
| Kanohar Electricals Limited | 2.35% |
| Ather Energy Limited | 2.30% |
| Escorts Kubota Limited | 2.29% |
Largest holdings only in Groww Value Fund
| Security | % of fund |
|---|---|
| HDFC Bank Limited | 6.32% |
| Bharti Airtel Limited | 4.53% |
| ICICI Bank Limited | 4.49% |
| Reliance Industries Limited | 4.00% |
| State Bank of India | 3.75% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Groww Small Cap | Groww Value |
|---|---|---|
| Equity | 87.6% | 84.1% |
| Debt | 0.0% | 0.0% |
| Cash and others | 12.4% | 15.9% |
Market cap of stocks
| Market cap | Groww Small Cap | Groww Value |
|---|---|---|
| Large Cap | 0.0% | 42.3% |
| Mid Cap | 10.5% | 6.9% |
| Small Cap | 61.5% | 31.4% |
| Not on AMFI's list | 15.6% | 3.6% |
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 Small Cap | Groww Value |
|---|---|---|
| Banks | 8.3% | 20.3% |
| Auto Components | 14.9% | 5.3% |
| Electrical Equipment | 10.7% | 1.0% |
| Healthcare Services | 6.4% | 7.2% |
| Finance | 7.2% | 3.8% |
| Industrial Products | 7.0% | 1.2% |
| Insurance | 0.0% | 4.7% |
| Telecom - Services | 0.0% | 4.5% |
| Construction | 1.6% | 4.4% |
The six largest sectors of each fund's stocks, % of the fund.
Groww Small Cap vs Groww Value: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Small Cap Fund | Groww Value Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.06% | 1.56% |
| Base expense ratio (Direct) | 0.48% | 0.88% |
| Total expense ratio (Regular) | 2.70% | 2.92% |
| Base expense ratio (Regular) | 1.93% | 2.09% |
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.
More comparisons
Each fund against the others of its category
Compare Groww Small Cap with
Groww Small Cap Fund vs Groww Value Fund: Frequently Asked Questions
What is the difference between Groww Small Cap Fund and Groww Value Fund?
Groww Small Cap Fund is a Small Cap fund, Groww Value Fund is a Value and Contra fund, run by Groww Mutual Fund. Their portfolios overlap 22.1%. Groww Small Cap Fund charges 1.06% a year and Groww Value Fund 1.56%.
Which has the lower expense ratio, Groww Small Cap Fund or Groww Value Fund?
Groww Small Cap Fund charges less: 1.06% a year against 1.56%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Groww Small Cap Fund and Groww Value Fund overlap?
22.1%. They hold 17 of the same securities, the largest shared ones being UJJIVANSFB, Manipal Payment Identity Solutions Ltd, INDGN. From each fund's latest monthly portfolio.
Which is riskier, Groww Small Cap Fund or Groww Value Fund?
On SEBI's riskometer, Groww Small Cap Fund is rated Low to Moderate and Groww Value Fund Very High. Over their common history, the standard deviation of daily returns was 18.04% and 15.16% a year.
Can I invest in both Groww Small Cap Fund and Groww Value Fund?
Yes. 22.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Groww Small Cap Fund and Groww Value Fund?
Groww Small Cap Fund: Anupam Tiwari, Gagan Thareja, Fund Manager), Saptarshee Chatterjee, Nikhil Satam, amp, Dealer - Equity). Groww Value Fund: Gagan Thareja, Saptarshee Chatterjee, Anupam Tiwari, Nikhil Satam.
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.