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News Groww Mutual Fund launches Groww Nifty Next 50 ETF
Aug 6, 2025
Mutual Fund
Groww Mutual Fund launches Groww Nifty Next 50 ETF
NFO period: 06th August - 20th August, 2025
Highlights of the NFO:
- Scheme type - An open-ended scheme tracking the Nifty Next 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 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.
- Product suitability - This product is suitable for investors who are seeking for long-term capital appreciation. Those looking to invest in equity and equity-related instruments of the Nifty Next 50 Index. Individuals who want to participate in India's emerging large-cap equity space through a single ETF
- Minimum Application Amount - Rs. 500/- and any amount thereafter.
- Plan/ Options available - The Scheme does not offer any Plans/Options for investment.
- Fund Managers - Mr. Shashi Kumar, Mr. Nikhil Satam & Mr. Aakash Chauhan
- Benchmark - Nifty Next 50 Index - TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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