A Oneindia Venture

Groww Nifty 50 Index Fund NFO

By Groww Mutual Fund Others Index
NFO Closed

Offer Price

₹10.00

Min. Investment

₹500

Open Date

02 Jul 2025

Close Date

16 Jul 2025

SIP Amount

₹500

Groww Nifty 50 Index Fund is a New Fund Offer (NFO) by Groww Asset Management Ltd. categorized under Index. The NFO is open for subscription from 02 Jul 2025 to 16 Jul 2025. Investors can subscribe with a lumpsum investment of ₹500. The offer price is ₹10.00 per unit. The fund will be managed by Shashi Kumar. The fund has a risk rating of 'Very High' with an expected expense ratio of 1.00%. It will benchmark against Nifty 50 Total Returns Index.

Fund Details

Offer Price
₹10.00 per unit
Subscription Period
02 Jul 2025 to 16 Jul 2025
Min. Lumpsum Amount
₹500
SIP Amount
Rs. 500
Scheme Type
Open Ended
Category
Others - Index Funds/ETFs
Risk Level
Very High
Expected Expense Ratio
1.00%
Exit Load
-
Benchmark
Nifty 50 Total Returns Index
Plan Options
Growth, IDCW, IDCW-Reinvestment

Fund Objective

The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty 50 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty 50 Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

AMC Details

Name
Groww Mutual Fund
Fund Managers
Mr. Shashi Kumar (Equity)
Mr. Nikhil Satam (Equity)
Mr. Aakash Ashokkumar Chauhan (Equity)
Website
https://www.growwmf.in/

Top Funds from Others - Index Funds/ETFs

Scheme Name
NAV
Returns
1Y 3Y 5Y
AUM (Cr)
Expense Ratio
Risk Meter
Kotak Nifty IT ETF
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-7.26% 32.41% 0.00% ₹420 0.09%
Very High
Mirae Asset Hang Seng TECH ETF
ETF Regular
23.80% 32.33% 0.00% ₹413 0.55%
Very High
Aditya Birla Sun Life Nifty IT ETF
ETF Regular
-7.15% 32.16% 0.00% ₹222 0.19%
Very High
ICICI Prudential Nifty IT ETF
ETF Regular
-7.43% 32.10% 63.89% ₹522 0.20%
Very High
Nippon India ETF Nifty IT
ETF Regular
-7.48% 31.93% 63.75% ₹3,009 N/A
Very High
HDFC Nifty IT ETF
ETF Regular
-7.42% 31.92% 0.00% ₹54 0.20%
Very High
SBI Nifty IT ETF
ETF Regular
-7.44% 31.90% 63.90% ₹74 0.20%
Very High
Axis NIFTY IT ETF
ETF Regular
-7.49% 31.76% 0.00% ₹198 0.23%
Very High
ICICI Prudential Nifty IT Index Fund - Direct Plan
Index Direct
-8.89% 31.29% 0.00% ₹619 0.37%
Very High
ICICI Prudential Nifty IT Index Fund - Direct Plan
Index Direct
-8.89% 31.29% 0.00% ₹619 0.37%
Very High

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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