A Oneindia Venture

Groww Nifty 500 Momentum 50 ETF FOF NFO

By Groww Mutual Fund Others Fund of Funds
NFO Closed

Offer Price

₹10.00

Min. Investment

₹500

Open Date

03 Apr 2025

Close Date

17 Apr 2025

SIP Amount

₹500

Groww Nifty 500 Momentum 50 ETF FOF is a New Fund Offer (NFO) by Groww Asset Management Ltd. categorized under Fund of Funds. The NFO is open for subscription from 03 Apr 2025 to 17 Apr 2025. Investors can subscribe with a lumpsum investment of ₹500. The offer price is ₹10.00 per unit. The fund will be managed by Nikhil Satam. The fund has a risk rating of 'Very High' with an expected expense ratio of 0.20%. It will benchmark against Nifty500 Momentum 50 Total Return.

Fund Details

Offer Price
₹10.00 per unit
Subscription Period
03 Apr 2025 to 17 Apr 2025
Min. Lumpsum Amount
₹500
SIP Amount
Rs. 500
Scheme Type
Open Ended
Category
Others - Fund of Funds
Risk Level
Very High
Expected Expense Ratio
0.20%
Exit Load
1%
Benchmark
Nifty500 Momentum 50 Total Return
Plan Options
Growth, IDCW, IDCW-Reinvestment

Fund Objective

The investment objective of the Scheme is to generate long-term capital growth by investing in units of the Groww Nifty 500 Momentum 50 ETF 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. Nikhil Satam (Equity)
Mr. Aakash Ashokkumar Chauhan (Equity)
Mr. Shashi Kumar (Equity)
Website
https://www.growwmf.in/

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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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