OtherFund of Funds Scheme (Domestic)Direct · Growth
Groww Nifty Capital Markets ETF FOF Direct Growth
Groww · Scheme 153908
₹11.00▼ 2.25%NAV · 2026-09-28
Decent FundScore
AUM
₹21 cr
Expense ratio
0.21%
3Y CAGR
—
Risk level
Very High
Min SIP
₹500
Benchmark
Underlying index
Fund manager: Nikhil SatamExit load: Nil
Decent · 64/100
A solid option with a few areas worth a closer look.
🎯 Best held for the long term (5+ years) as part of a diversified portfolio.
📈 Why it could do well
- ✓Protects capital well — worst-ever fall was only 14%.
- ✓Low cost — 0.21% expense ratio means more of the return stays with you.
- ✓Max drawdown: -14%
- ✓Direct plan: no distributor commission
📉 What could drag it down
- •Weak risk-adjusted returns (Sharpe 0.36) — took on risk without enough payoff.
- •High volatility (25% a year) — expect big swings up and down.
- •Short track record — not enough history yet to judge long-term performance; treat the score as provisional.
- •Sharpe ratio: 0.36
- •Sortino ratio: 0.71
FundScore breakdown
64/100 · Decent
Returns
Average
Consistency
Average
Risk-adjusted
Weak
Downside protection
Excellent
Cost efficiency
Strong
Portfolio quality
Average
Each dial rates the fund 0–100 on one factor, computed from real NAV history. Fuller & greener = stronger.
SIP return calculator
Back-tested on this fund's actual historical NAVs. Past performance ≠ future returns.