Groww Nifty India Defence ETF FoF Direct Growth

Equity
Thematic
Launch dateNA
Allotment date11 Oct 2024
End dateNA
NAV₹10.00
NFO will close in NaN days

Expense ratio, exit load and tax

Expense ratio: NA

Inclusive of GST

Exit load

Exit load of 1%, if redeemed within 30 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Abhishek Jain
Sep 2024 - Present
View details

Education
Mr. Jain has done BA, CA
Experience
Prior to joining Groww MF he was associated with Edelweiss Tokio Life Insurance, Acko General Insurance and Shriram Asset Management Co Ltd.
Also manages these schemes

Fund house & investment objective

Rank (total assets)#41 in India
Total AUM₹857.24Cr
Date of Incorporation10 Apr 2008

Groww Nifty India Defence 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. Abhishek Jain is the Current Fund Manager of Groww Nifty India Defence ETF FoF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹857 Cr and the Latest NAV as of 22 Sep 2024 is ₹10.00. The Groww Nifty India Defence ETF FoF Direct Growth is rated NA risk. Minimum SIP Investment is set to ₹100. 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 India Defence in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty India Defence Index, subject to tracking errors. ;

Fund benchmarkNifty India Defence Total Return Index

Fund house contact details

Address
Floor 12 A, Tower 2 A, One World Centre, Jupiter Mills Compound Senapati Bapat Marg, Mumbai 400013
Phone
8050180222
Launch Date
10 Apr 2008
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