Groww Nifty Non Cyclical Consumer Index Fund Direct Growth

Groww Nifty Non Cyclical Consumer Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Groww Mutual Fund. This scheme was made available to investors on 10 Apr 2008. Abhishek Jain is the Current Fund Manager of Groww Nifty Non Cyclical Consumer Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,402 Cr and the Latest NAV as of 14 Jan 2025 is ₹10.39. The Groww Nifty Non Cyclical Consumer Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. 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 securities of the Nifty Non-Cyclical Consumer Index (TRI) in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty Non-Cyclical Consumer Index, subject to tracking errors. ;