Groww Nifty 500 Momentum 50 ETF FoF Direct Growth

Groww Nifty 500 Momentum 50 ETF FoF Direct Growth is a Equity Mutual Fund Scheme launched by Groww Mutual Fund. This scheme was made available to investors on 10 Apr 2008. Nikhil Satam is the Current Fund Manager of Groww Nifty 500 Momentum 50 ETF FoF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,509 Cr and the Latest NAV as of 10 Nov 2025 is ₹10.78. The Groww Nifty 500 Momentum 50 ETF FoF Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹500. Exit load of 1%, if redeemed within 30 days. ;

Investment Objective

The scheme seeks to generate long-term capital growth by investing in units of the Groww Nifty 500 Momentum 50 ETF. ;