One mutual fund for large-, mid-, small- and micro-cap exposure: How Nifty Total Market Index schemes fare on returns — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Nifty Total Market Index tracks 750 stocks drawn from the Nifty 500 and Nifty Microcap 250, giving investors one passive vehicle covering large-, mid-, small- and micro-cap exposure.
- Nifty Total Market TRI returned 12.87% over 10 years versus 11.38% for the Nifty 50 TRI, with the broader index also leading over 3 years (9.49% vs 5.75%) and 5 years (9.28% vs 6.29%) as of October 1, 2026.
- Nifty Total Market TRI declined 3.14% over the past year, ahead of the Nifty 50 TRI's 8.74% drop, and has consistently outperformed the Nifty 500 TRI — the benchmark for flexi-cap funds — as well.
- The four existing schemes all posted negative 1-year returns in a tight range: Angel One at -3.41%, Mirae Asset at -3.44%, Groww at -3.66% and Bandhan at -3.71% (direct plans, returns as of October 1, 2026).
- Groww Nifty Total Market Index leads on assets with ₹374 crore AUM as of August 31, 2026, making it the largest of the four funds in the still-young category.
- Actual scheme returns may diverge from the underlying index TRI — which includes capital gains and dividends — because of expenses and tracking error, and the category lacks a long fund-level track record for comparison.
Why it matters: Investors who want a single passive fund spanning the full Indian equity market — rather than stitching together large-, mid- and small-cap products — now have a young category with a track record (the benchmark's 12.87% 10-year return vs Nifty 50's 11.38%) that justifies a closer look, with Groww's ₹374 crore AUM showing where early traction has landed among category-level prospects.
Ask SkimNews
