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News Groww Mutual Fund launches Groww Nifty 200 ETF
Feb 7, 2025
Mutual Fund
Groww Mutual Fund launches Groww Nifty 200 ETF
NFO period: 07th February - 21st February, 2025
Highlights of the NFO:
- Scheme type - An open-ended scheme tracking the Nifty 200 Index - TRI
- Investment objective - The investment objective of the scheme is to generate long-term capital growth by investing in securities of the Nifty 200 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty 200 Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
- Product suitability - This product is suitable for investors who are seeking long-term capital appreciation by investing in equity and equity-related instruments of the Nifty 200 Index.
- Minimum Application Amount - First investment is Rs. 500/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available - This scheme does not offer any Plans/Options for investment.
- Fund Managers - Mr. Abhishek Jain
- Benchmark - Nifty 200 Index TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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