| Launch date | 03 Apr 2025 |
| Allotment date | 25 Apr 2025 |
| End date | 17 Apr 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.20%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 30 days.
Stamp duty
0.005% (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%.
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹100 |
Fund management
Shashi KumarMay 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #41 in India |
|---|---|
| Total AUM | ₹2,244.32Cr |
| Date of Incorporation | 10 Apr 2008 |
|---|
Groww Nifty 500 Momentum 50 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 Nifty 500 Momentum 50 ETF FoF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,244 Cr and the Latest NAV as of 10 Sep 2025 is ₹10.33. The Groww Nifty 500 Momentum 50 ETF FoF Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. 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 units of the Groww Nifty 500 Momentum 50 ETF. ;
| Fund benchmark | Nifty 500 Momentum 50 Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Equity, Flexi Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Invesco India Flexi Cap Fund Direct Growth | 5 | 6.0% | 24.1% | 3,667.72 |
HDFC Flexi Cap Direct Plan Growth | 5 | 6.9% | 22.5% | 80,642.30 |
Parag Parikh Flexi Cap Fund Direct Growth | 5 | 9.4% | 21.0% | 1,13,280.87 |
HSBC Flexi Cap Fund Direct Growth | 4 | -0.0% | 19.5% | 5,074.87 |
Franklin India Flexi Cap Fund Direct Growth | 4 | -0.7% | 18.4% | 18,987.94 |