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  • Groww Mutual Fund launches Groww Nifty 500 Momentum 50 ETF

Apr 3, 2025

Mutual Fund

Groww Mutual Fund launches Groww Nifty 500 Momentum 50 ETF

NFO period: 03rd April - 17th April, 2025

Highlights of the NFO:

  • Scheme type - An open-ended scheme tracking the Nifty 500 Momentum 50 Index - TRI.

  • Investment 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.

  • Product suitability - This product is suitable for investors who are seeking long-term capital appreciation Investment in equity and equity-related instruments of the Nifty 500 Momentum 50.

  • Minimum Application Amount - Rs. 500 and in multiples of Rs. 1/- thereafter.

  • Plan/ Options available - The Scheme does not offer any Plans/Options for investment.

  • Fund Managers - Mr. Nikhil Satam

  • Benchmark - Nifty 500 Momentum 50 Index TRI.
Download - KIM
Download - SID

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)