Groww BSE Power ETF FOF Direct Growth

Equity
Thematic
Very High Risk
Launch date18 Jul 2025
Allotment date08 Aug 2025
End date01 Aug 2025
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: 0.14%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

NA

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Nikhil Satam
Jul 2025 - Present
View details

Education
B. com, Masters in Finance.
Experience
Prior to joining Groww MF he was associated with Groww Invest Tech Private Ltd (formerly known as Nextbillion Technology Pvt. Ltd).
Also manages these schemes

Aakash Ashokkumar Chauhan
Jul 2025 - Present
View details

Education
MBA in Finance
Experience
Prior to Joining Groww AMC, he was associated with Trust Mutual Fund, Mirae Asset Capital Markets (India) Pvt Ltd. & BP Wealth Pvt Ltd.
Also manages these schemes

Fund house & investment objective

Rank (total assets)#41 in India
Total AUM₹2,509.32Cr
Date of Incorporation10 Apr 2008

Groww BSE Power 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 BSE Power ETF FOF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,509 Cr and the Latest NAV as of 18 Sep 2025 is ₹10.26. The Groww BSE Power ETF FOF Direct Growth 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 units of Groww BSE Power ETF. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved. ;

Fund benchmarkBSE Power Total Return Index

Fund house contact details

Address
505 – 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel,Maharashtra Mumbai 400013
Phone
8050180222
Launch Date
10 Apr 2008