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Groww Nifty 500 Momentum 50 ETF: NFO Details

NAV:
₹10
Open Date:
03 Apr 2025
Close Date:
17 Apr 2025
Min. Amount:
₹500
Min. SIP:
NA

Scheme Objective

The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty 500 Momentum 50 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty 500 Momentum 50 Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Asset Class
EQUITY
Category
Equity - Index
Scheme Type
Growth
Exit Load (%)
Nil

Risk-o-meter

Low Low to
moderate
Moderate Moderately
High
High Very
High

Fund House Details

Groww Mutual Fund
Fund Manager:
Nikhil Satam

Fund House Contact Details

Groww Mutual Fund
AUM:
3,741 Cr
Address:
505 - 5th Floor, Tower 2B, One WorldCenter, Lower Parel,Mumbai - 400013, Maharashtra
Contact:
022-69744435

FAQs

The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty 500 Momentum 50 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty 500 Momentum 50 Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Open date of Groww Nifty 500 Momentum 50 ETF 03 Apr 2025

Close date of Groww Nifty 500 Momentum 50 ETF 17 Apr 2025

The minimum investment amount of Groww Nifty 500 Momentum 50 ETF ₹500

The Fund Manger of Groww Nifty 500 Momentum 50 ETF is Nikhil Satam

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