MUTUAL FUNDS
Groww MF introduces Nifty 50 Index Fund
Jul-02-2025

Groww Mutual Fund has launched Groww Nifty 50 Index Fund, an open‐ended scheme tracking the Nifty 50 Index - TRI. The NFO opens for subscription on July 02, 2025 and closes on July 16, 2025. The Entry Load is not applicable and Exit Load is nil for the scheme. The minimum subscription amount is Rs 500/- and in multiples of Re. 1 for purchases and switch-in.

The performance of the Scheme will be benchmarked with Nifty 50 Index – TRI and its fund managers are Shashi Kumar, Nikhil Satam and Aakash Chauhan.

The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty 50 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty 50 Index, subject to tracking errors.


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