MF Gyan
indexHigh risk3 years old

Groww Nifty Smallcap 250 Index Fund - Direct Plan - Growth

Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market. From Groww Mutual Fund. It's been running since 1 Mar 2024.

This fund is under 3 years old — its short track record makes comparing to peers or judging consistency less reliable.
Latest price per unit
₹12.3434
▲ 0.20% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.10 L
▲ ₹9.8k gain · 9.8% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹60.0k
Value today₹66.4k
Gain / loss+₹6.4k
XIRR (annualised)23.67%
Looking forward · hypothetical
You would invest₹60.0k
Would become*₹68.3k
Projected gain*+₹8.3k
*at this fund's historical rate of 23.67% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 95 other funds in Index Funds - Equity Funds

Same plan
1-year return
9.83%median 4.36% (+5.48%)
Rank #14 of 96Beats 82% of peers
Bumpiness (3Y)
19.76%median 16.57% (+3.19%)
Rank #77 of 96Less risky than 16% of peers
Worst-ever drop
-26.23%median -16.60% (-9.63%)
Rank #22 of 96Less risky than 78% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 2 of last 3 years were positive.

+17%
2024
-7%
2025
+11%
2026
Best year
2024 · 17.43%
Worst year
2025 · -6.65%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
19.8%

The value swings roughly 20% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-26.23%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Groww Nifty Smallcap 250 Index Fund - Direct Plan - Growth against other index funds.

Technical details (for the pros)
CAGR — 1 year9.83%
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch8.49%
Volatility — 1 year (annualised)16.96%
Volatility — 3 years (annualised)19.76%
Max drawdown — 1 year-18.73%
Max drawdown — 3 years-26.23%
Sharpe ratio — 1 year (rf=6%)0.21
Sharpe ratio — 3 years (rf=6%)0.12

Fund info

Fund house
Groww Mutual Fund
Category
Index Funds - Equity Funds
Plan
Direct
Option
Growth
ISIN (Growth)
INF666M01HY9
ISIN (Div re-invest)
—
Fund code
152431
First price on record
1 Mar 2024 · 619 daily prices

About Groww Nifty Smallcap 250 Index Fund - Direct Plan - Growth

Groww Nifty Smallcap 250 Index Fund - Direct Plan - Growth is a Index Funds - Equity Funds offered by Groww Mutual Fund under the Direct plan with the Growth option. It has approximately 3 years of NAV track record. The fund falls in the index category — Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.

The current NAV of Groww Nifty Smallcap 250 Index Fund - Direct Plan - Growth is ₹12.3434 (as of 4 Sep 2026). Historically, it has delivered 9.83% over the last year. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 19.8% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 26.2%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Groww Nifty Smallcap 250 Index Fund - Direct Plan - Growth?+

The latest NAV of Groww Nifty Smallcap 250 Index Fund - Direct Plan - Growth is ₹12.3434 as of 4 Sep 2026, up 0.20% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Groww Nifty Smallcap 250 Index Fund - Direct Plan - Growth?+

Groww Nifty Smallcap 250 Index Fund - Direct Plan - Growth has delivered 1-year return 9.83%, since-inception CAGR 8.49%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Groww Nifty Smallcap 250 Index Fund - Direct Plan - Growth belong to?+

Groww Nifty Smallcap 250 Index Fund - Direct Plan - Growth is categorised as Index Funds - Equity Funds. Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.

How risky is Groww Nifty Smallcap 250 Index Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 19.8%, Groww Nifty Smallcap 250 Index Fund - Direct Plan - Growth sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Groww Nifty Smallcap 250 Index Fund - Direct Plan - Growth a direct plan?+

Groww Nifty Smallcap 250 Index Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Groww Nifty Smallcap 250 Index Fund - Direct Plan - Growth?+

Groww Nifty Smallcap 250 Index Fund - Direct Plan - Growth has NAV history available from 1 Mar 2024 — approximately 3 years of track record and 619 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.