| Launch date | 13 Jun 2025 |
| Allotment date | 04 Jul 2025 |
| End date | 27 Jun 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.19%
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 SatamJun 2025 - PresentView details
Aakash Ashokkumar ChauhanJun 2025 - PresentView details
Shashi KumarJun 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 India Internet 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 India Internet ETF FoF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,506 Cr and the Latest NAV as of 19 Dec 2025 is ₹10.53. The Groww Nifty India Internet 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 Nifty India Internet ETF. ;
| Fund benchmark | Nifty India Internet Total Return Index |
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