Offer Price
₹10.00
Min. Investment
₹500
Open Date
03 Apr 2025
Close Date
17 Apr 2025
SIP Amount
₹500
Fund Status
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.
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.
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