Fundalysisby DARKHORSESTOCKS

Scheme

IB18 Groww Nifty Total Market Index Fund

Holds 755 companies worth ₹355 Cr in Sept 2026.

  • Fund house

    GROWWThe fund house that runs this scheme.

  • AUM

    ₹355 CrIB18 Groww Nifty Total Market Index Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 5.0% on Aug 2026, ₹374 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 5.4% of this scheme's NAV.

  • Fund manager

    Nikhil SatamRuns it since 21 Feb 2025, as the fund house dates it. With Aakash chauhan (fund manager), Shashi Kumar (fund manager).

Overview(7 Oct 2026)

Fund managers3

  1. Nikhil SatamFund manager, equity · Feb 2025 · 11y · B.Com
  2. Aakash chauhanFund manager, equity · Apr 2025 · 8y · MBA
  3. Shashi KumarFund manager, equity · May 2025 · 18y · PGDM
  1. Anupam TiwariNov 2023 – Mar 2025
  2. Madhu BabuNov 2023 – Mar 2025

Key facts

Benchmark
Nifty Total Market Index - TRI
Risk
Very High
Expense
Regular 1.09% · Direct 0.66%
Exit load
0.25% within 7 days
Started
25 Oct 2023
Minimum
₹500

Source.Its Scheme Summary Document as of 7 Oct 2026 at AMFI.

What changed(13 changes)

Aug 2026

1 change
  1. Expense ratio
    30 AugRegular 1.07% → 1.08%

Jun 2026

1 change
  1. Expense ratio
    30 JunRegular 1.08% → 1.07%Direct 0.66% → 0.65%

May 2026

2 changes
  1. Category
    31 MayIndex Fund → Growth / Equity Oriented Schemes
  2. Expense ratio
    9 MayRegular 1.11% → 1.08%Direct 0.46% → 0.66%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Nov 2023 – now)

  1. Nikhil Satam
  2. Aakash chauhan
  3. Shashi Kumar
  4. Anupam Tiwari
  5. Madhu Babu
MainCoSlice202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Mar 2025 – Oct 2026)

Every change to the expense ratio, newest first.
5 changesRegularDirectΔ pt
30 Aug 20261.08%0.65%0
30 Jun 20261.07%0.65%0.01
9 May 20261.08%0.66%0.20
9 Mar 20261.11%0.46%0.06
7 Mar 20251.05%0.40%–
Direct plan, 30 Aug 2026
0.65%
Regular plan 1.08% · Exit load 0.25% within 7 days
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(7 Oct 2026)

Objective

The investment objective of the scheme is to achieve a return equivalent to the Nifty Total Market Index-TRI subject to tracking error. This index is diversified throughout the Indian market across sectors and market caps and aims to benefit from India’s economic growth.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
Open Ended
Benchmark
Nifty Total Market Index - TRI

Asset allocation it may hold% of NAV

  1. Equity & Equity related instruments
    Allowed95–100%Holds100.0%
  2. Debt & Money Market Instruments
    Allowed0–5%Holds0.0%

Holds in Sept 2026.100.0% equity

How to invest(7 Oct 2026)

Buying

To start
₹500, then re.1
To add
₹500, then re.1
Most
₹99,99,99,999
Systematic
SIP - Daily, Weekly, Monthly, Quarterly STP - Daily, Weekly, Monthly, Quarterly SWP - Monthly, Quarterly
Dates
SIP - Daily- Every Business Day/ Weekly-1st, 8th, 15th, & 22nd/Monthly & Quarterly-Any day between 1st to 28th STP - Daily - Every Business Day/Every Friday, Weekly - STPs can be initiated on any day from Monday to Friday, as per investor’s choice.If no day is selected, the default day will be Friday.If the STP date falls on a holiday, the transaction will be processed on the next working day. Monthly - Any date ( 1 to 28),Monthly & Quarterly-2,8,15,23 SWP - SWP - In case no date is selected by the investor, the default SWP date will be the 15th of every month.If 15th is a holiday, the SWP will be processed on the next business day
Minimum
SIP - 100, 100, 500, 500, Choti SIP -Rs. 250/- restricted to three SIP’s (only one each in upto three Asset Management Companies), STP - 500, 500, 500, 500 SWP - 500, 1500 Note - 1. Choti SIP shall be offered only under Growth option of the Schemes. 2. The mode of payment/investment for Choti SIP shall be restricted to NACH and UPI auto pay only., then re.1
Instalments
SIP - 180, 24,12, 4, Choti SIP - 60 STP - 6,6,6,6 SWP - 12, 4 Note - 1. Choti SIP shall be offered only under Growth option of the Schemes. 2. The mode of payment/investment for Choti SIP shall be restricted to NACH and UPI auto pay only.

Selling and switching

To redeem
₹500 or Re.1 units
Switch minimum
₹500
Switch multiples
Re.1
Switch most
₹99,99,99,999 or 1 units

Scheme details(7 Oct 2026)

What it is

Category
Growth / Equity Oriented Schemes
Offer
3 Oct 2023 to 17 Oct 2023
Started
25 Oct 2023
Reopened
27 Oct 2023
Plans
Direct Plan - IDCW - Payout · Direct Plan - Growth - Growth · Regular Plan - IDCW - Payout · Regular Plan - Growth - Growth
Face value
₹10
Listed
No

How it is run

Side-pocketing
.
Custodian
HDFC Bank Ltd.
Auditor
S.R. Batliboi & Co. LLP
Registrar
Kfintech Technologies Limited
SEBI code
GROW/O/O/EIN/23/09/0011