One mutual fund for large-, mid-, small- and micro-cap exposure: How Nifty Total Market Index schemes fare on returns

Nifty Total Market Index funds offer exposure to large-, mid-, small-, and micro-cap stocks through a single mutual fund scheme. Here’s a look at the category, its benchmark performance, and how the index funds have performed so far.

Looking for one mutual fund scheme that covers almost the entire Indian equity market, including micro caps? Nifty Total Market Index funds offer investors a passive route to large-, mid-, small-, and micro-cap stocks within a single portfolio.

The Nifty Total Market Index tracks 750 stocks and includes all stocks that are part of the Nifty 500 and Nifty Microcap 250 indices. This gives investors exposure to large-, mid-, and small-cap companies that dominate traditional mutual fund categories, along with micro-cap stocks.

How has the benchmark of these index funds performed?

Since Nifty Total Market Index funds are relatively new, their fund-level performance history is limited. However, the historical performance of the underlying benchmark provides some context.

The broader market exposure has also translated into relatively better performance than the Nifty 50 over several periods. The Nifty Total Market TRI has fallen by 3.14% over the last 1 year, compared with a decline of 8.74% for the Nifty 50 TRI.

*Source: NSE, CAGR as on 1 October 2026