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Groww Nifty Next 50 Index Fund - Direct (G): NFO Details

NAV:
₹10
Open Date:
06 Aug 2025
Close Date:
20 Aug 2025
Min. Amount:
₹500
Min. SIP:
₹500

Scheme 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.

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:
Shashi Kumar

Fund House Contact Details

Groww Mutual Fund
AUM:
2,840 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 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.

Open date of Groww Nifty Next 50 Index Fund - Direct (G) 06 Aug 2025

Close date of Groww Nifty Next 50 Index Fund - Direct (G) 20 Aug 2025

The minimum investment amount of Groww Nifty Next 50 Index Fund - Direct (G) ₹500

The Fund Manger of Groww Nifty Next 50 Index Fund - Direct (G) is Shashi Kumar

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