Groww Nifty Next 50 Index Fund Direct IDCW

Groww Nifty Next 50 Index Fund Direct IDCW 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 Next 50 Index Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹2,509 Cr and the Latest NAV as of 25 Sep 2025 is ₹10.08. The Groww Nifty Next 50 Index Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. ;

Investment Objective

The Scheme seeks 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. ;