Groww Nifty Non-Cyclical Consumer Index Fund Direct - Growth - NFO

Equity
Thematic-Consumption
Very High Risk
Launch date02 May 2024
Allotment date24 May 2024
End date16 May 2024
NAV₹10.00

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 at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹100

Fund house & investment objective

Rank (total assets)#41 in India
Total AUM₹759.54Cr
Date of Incorporation10 Apr 2008

Groww Nifty Non-Cyclical Consumer Index Fund Direct - Growth - NFO is a Equity Mutual Fund Scheme launched by Groww Mutual Fund. This scheme was made available to investors on 10 Apr 2008. The fund currently has an Asset Under Management(AUM) of ₹760 Cr and the Latest NAV as of 24 May 2024 is ₹10.00. The Groww Nifty Non-Cyclical Consumer Index Fund Direct - Growth - NFO 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. ;

Fund benchmarkNifty Non-Cyclical Consumer 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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