| Launch date | 02 Jul 2025 |
| Allotment date | 23 Jul 2025 |
| End date | 16 Jul 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.30%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Nikhil SatamJul 2025 - PresentView details
Aakash Ashokkumar ChauhanJul 2025 - PresentView details
Shashi KumarJul 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #41 in India |
|---|---|
| Total AUM | ₹3,505.79Cr |
| Date of Incorporation | 10 Apr 2008 |
|---|
Groww Nifty 50 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. 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 ₹3,506 Cr and the Latest NAV as of 16 Dec 2025 is ₹10.32. The Groww Nifty 50 Index Fund 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 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. ;
| Fund benchmark | NIFTY 50 Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Equity, Large Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Nippon India Large Cap Fund Direct Growth | 5 | 4.7% | 19.6% | 50,312.32 |
DSP Large Cap Fund Direct Growth | 5 | 5.0% | 18.6% | 6,933.59 |
ICICI Prudential Large Cap Fund Direct Growth | 5 | 6.7% | 18.4% | 78,159.80 |
Canara Robeco Large Cap Fund Direct Growth | 4 | 3.8% | 16.4% | 17,233.68 |
HDFC Large Cap Fund Direct Growth | 5 | 3.6% | 16.1% | 40,617.55 |