Groww Mutual Fund launches Groww Nifty India Internet ETF
NFO period: 13th June - 27th June, 2025
Highlights of the NFO:
Scheme type - An open-ended scheme tracking the Nifty India Internet Index - TRI.
Investment objective - The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty India Internet Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty India Internet 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 to generate long-term capital appreciation Investment in equity and equity-related instruments of the Nifty India Internet Index.
Minimum Application Amount - Rs. 500/- and in multiples of Re. 1/- thereafter.
Plan/ Options available - The Scheme does not offer any Plans/Options for investment.
Fund Managers - Mr. Nikhil Satam, Mr. Aakash Ashokkumar Chauhan & Mr. Shashi Kumar