Groww Nifty Next 50 Index Fund NFO Mutual Fund NAV, AUM, Risk

Groww Nifty Next 50 Index Fund is a New Fund Offer (NFO) by Groww Asset Management Ltd. categorized under Index. The NFO is open for subscription from 06 Aug 2025 to 20 Aug 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 Next 50 Total Return.

Fund Details

Offer Price

₹10.00 per unit

Subscription Period

06 Aug 2025 to 20 Aug 2025

Min. Lumpsum Amount

₹500

SIP Amount

Rs. 500

Scheme Type

Open Ended

Fund Objective

The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty Next 50 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty Next 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
Franklin India NSE Nifty 50 Index Fund - Direct Plan Index Direct	₹199.65	3.00%	32.07%	77.99%	₹788	0.28%	Very High
Franklin India NSE Nifty 50 Index Fund - Direct Plan Index Direct	₹199.65	3.00%	32.07%	77.99%	₹788	0.28%	Very High
Tata Nifty Private Bank Exchange Traded Fund ETF Regular	₹292.38	12.34%	30.54%	71.38%	₹12	0.20%	Very High
HDFC NIFTY Private Bank ETF ETF Regular	₹28.78	12.34%	30.48%	0.00%	₹349	0.15%	Very High
ICICI Prudential Nifty Private Bank ETF ETF Regular	₹28.53	12.32%	30.47%	70.76%	₹3,406	0.15%	Very High
SBI Nifty Private Bank ETF ETF Regular	₹288.47	12.33%	30.42%	70.30%	₹533	0.15%	Very High
Franklin India NSE Nifty 50 Index Fund Index Regular	₹188.86	2.36%	29.95%	73.77%	₹788	0.63%	Very High
Franklin India NSE Nifty 50 Index Fund Index Regular	₹188.86	2.36%	29.95%	73.77%	₹788	0.63%	Very High
Sundaram NIFTY 100 Equal Weight Fund - Direct Plan Index Direct	₹81.82	-3.09%	28.04%	64.42%	₹132	0.61%	Very High
Sundaram NIFTY 100 Equal Weight Fund - Direct Plan Index Direct	₹81.82	-3.09%	28.04%	64.42%	₹132	0.61%	Very High

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