Nippon India Mutual Fund
Nippon India Nifty 500 Quality 50 Index Fund - Direct Plan - Growth Option
Index / ETF
— 3Y CAGR
Groww Mutual Fund
Index / ETF · Direct · Growth
NAV as of 30 Oct 2026 · Source: AMFI
Groww Nifty Non-Cyclical Consumer Index Fund is an Index / ETF fund from Groww Mutual Fund, with NAVs going back to May 2024. This page covers its direct plan, growth option. It manages ₹38 crore, the 281st largest of 340 Index / ETF funds. Its expense ratio is 0.65% a year, higher than the median of 0.40% for Index / ETF funds.
Over the last year it returned -13.08%, 300th of 312 Index / ETF funds (median -4.18%). It is 0.49 percentage points a year behind its benchmark, the Nifty Non-Cyclical Consumer TRI, over the last year, on AMFI's figures. Its biggest fall from a peak since May 2024 was 26.7%, and AMFI's riskometer rates it Very High.
Annualised (CAGR) for periods over a year, calculated from AMFI NAVs up to 30 Oct 2026. Past performance does not guarantee future returns. How we calculate returns
1 Year
-13.08%
Since launch (24 May 2024)
-0.78%
Fund and benchmark returns as published by AMFI for 29 Oct 2026, so both sides use the same date and method. They can differ slightly from the figures above.
| Period | This fund | Benchmark | Difference |
|---|---|---|---|
| 1 Year | -13.80% | -13.31% | -0.49 pts |
| Since launch | -0.89% | -0.37% | -0.52 pts |
Measured from this fund's own daily NAVs over the last 2.4 years.
Volatility (annualised)
14.3%
How much the NAV typically swings in a year. Higher means a bumpier ride.
Worst fall from a peak
-26.7%
The biggest drop from a high to a later low. A sense of what a bad stretch has looked like.
Daily NAV since 24 May 2024.
These come from the fund's monthly factsheet and Scheme Information Document (SID). We don't show them yet, because we can't keep them accurate. Check them on Groww Mutual Fund's website before you invest.
Funds next to Groww Nifty Non-Cyclical Consumer Index Fund, in the same category, ranked by fund size.
Nippon India Mutual Fund
Index / ETF
— 3Y CAGR
Axis Mutual Fund
Index / ETF
+7.4% 3Y CAGR
Kotak Mahindra Mutual Fund
Index / ETF
— 3Y CAGR
Groww Nifty Non-Cyclical Consumer Index Fund - Direct Plan Growth
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