Groww Nifty 50 Index Fund Direct Growth

Groww Nifty 50 Index Fund Direct Growth
Very High Risk
Launch date02 Jul 2025
Allotment date23 Jul 2025
End date16 Jul 2025
NAV₹10.00
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Exit load
02 Jul 2025
NA
Expense ratio, exit load and taxExpense ratio: NAInclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationNA
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementNikhil 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
Groww Nifty India Internet ETF FoF Direct Growth
Groww Nifty 50 Index Fund Direct Growth
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
Groww Nifty India Internet ETF FoF Direct Growth
Groww Nifty 50 Index Fund Direct Growth
Shashi Kumar
Jul 2025 - Present
View details
Education
BBA, PGDBM
Experience
Prior to joining Groww MF, he was associated with Bharti Axa Life Co. Ltd. & Canara HSBC Life Insurance Co. Ltd.
Also manages these schemes
Groww Nifty Total Market Index Fund Direct Growth
Groww Nifty Smallcap 250 Index Fund Direct Growth
Groww Nifty Non Cyclical Consumer Index Fund Direct Growth
Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
Groww Nifty India Defence ETF FoF Direct Growth
Groww Nifty India Railways PSU Index Fund Direct Growth
Groww Nifty 200 ETF FoF Direct Growth
Groww Nifty 500 Momentum 50 ETF FoF Direct Growth
Groww Nifty India Internet ETF FoF Direct Growth
Groww Nifty 50 Index Fund Direct Growth
Fund house & investment objective
Groww Mutual Fund
Rank (total assets)#41 in India
Total AUM₹2,244.32Cr
Date of Incorporation10 Apr 2008
    Groww Nifty 50 Index Fund Direct Growth is a NA 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 50 Index Fund Direct Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹2,244 Cr and     the Latest NAV as of 02 Jul 2025 is ₹10.00.  

    The Groww Nifty 50 Index Fund Direct Growth is rated Very High risk.     Minimum SIP Investment is set to ₹500.          
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Investment ObjectiveThe scheme seeks to generate long-term capital growth by investing in securities of the Nifty 50 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty 50 Index, subject to tracking errors. 
 
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Fund benchmarkNIFTY 50 Total Return Index
Scheme Information Document(SID)
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
E-mail
Customer Support Email id:  [email protected]
Website
growwmf.in
Peer ComparisonFund nameRating1Y3YFund Size(Cr)
Nippon India Small Cap Fund Direct Growth
5
0.1%30.4%66,601.80
Franklin India Small Cap Fund Direct Growth
4
-1.5%30.1%13,995.27
HDFC Small Cap Fund Direct Growth
3
5.2%29.3%35,780.59
Franklin India Mid Cap Fund Direct Growth
3
6.1%28.4%12,784.81
Franklin India Technology Fund Direct Growth
NA
0.8%25.5%1,949.29

Rank (total assets)	#41 in India
Total AUM	₹2,244.32Cr

Date of Incorporation	10 Apr 2008

Fund benchmark	NIFTY 50 Total Return Index

Fund name	Rating	1Y	3Y	Fund Size(Cr)
Nippon India Small Cap Fund Direct Growth	5	0.1%	30.4%	66,601.80
Franklin India Small Cap Fund Direct Growth	4	-1.5%	30.1%	13,995.27
HDFC Small Cap Fund Direct Growth	3	5.2%	29.3%	35,780.59
Franklin India Mid Cap Fund Direct Growth	3	6.1%	28.4%	12,784.81
Franklin India Technology Fund Direct Growth	NA	0.8%	25.5%	1,949.29