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Groww Nifty Next 50 Index Fund Growth
NAV: 12 Mar '26
₹9.77
Min. for SIP
Not Supported
Fund size
₹7.70 Cr
Expense ratio
1.00%
Holdings (50)
See All
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 1M | 3M | 6M | All |
|---|---|---|---|---|
| Fund returns | -2.3% | -1.9% | +0.2% | -0.7% |
| Category average (Equity Large Cap) | -- | -- | -- | -- |
| Rank (Equity Large Cap) | -- | 29 | 46 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Nippon India Large Cap Fund Growth | +9.19% | +16.87% | 51,403.80 | |
ICICI Prudential Large Cap Fund Growth | +7.85% | +16.04% | 77,451.59 | |
DSP Large Cap Fund Growth | +4.71% | +15.85% | 7,269.64 | |
WhiteOak Capital Large Cap Fund Growth | +7.49% | +15.79% | 1,148.98 | |
HDFC Large Cap Fund Growth | +5.53% | +13.42% | 40,085.19 | |
| Compare | ||||
Fund management
NSNikhil SatamAug 2025 - PresentView details
NS
Nikhil Satam
Aug 2025 - Present
View details
AACAakash Ashokkumar ChauhanAug 2025 - PresentView details
AAC
Aakash Ashokkumar Chauhan
Aug 2025 - Present
View details
SKShashi KumarAug 2025 - PresentView details
SK
Shashi Kumar
Aug 2025 - Present
View details
About Groww Nifty Next 50 Index Fund Growth
Groww Nifty Next 50 Index Fund 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 Next 50 Index Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,262 Cr and the Latest NAV as of 12 Mar 2026 is ₹9.77.
The Groww Nifty Next 50 Index Fund Growth is rated Very High risk. Minimum SIP Investment is set to ₹500.
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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.
Fund benchmarkNIFTY Next 50 Total Return Index
Fund house
Rank (total assets)#41 in India
Total AUM₹4,261.91 Cr
Date of Incorporation10 Apr 2008
Launch Date10 Apr 2008
Address505 – 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel,Maharashtra Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,