Groww Nifty PSE ETF FOF Direct Growth

Groww Nifty PSE ETF FOF Direct Growth
Equity
Thematic
Very High Risk
Launch date23 Jan 2026
Allotment date13 Feb 2026
End date06 Feb 2026
NAV₹10.00
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Expense ratio, exit load and taxExpense ratio: NAInclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationIf you redeem within two years, returns are taxed as per your Income Tax slab. If you redeem after two years, returns are taxed at 12.5%.
Understand terms
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500
Fund managementNikhil Satam
Jan 2026 - Present
View details
Education
B. com, Masters in Finance.
Experience
Prior to joining Groww MF he was associated with Groww Invest Tech Private Ltd (formerly known as Nextbillion Technology Pvt. Ltd).
Also manages these schemes
Groww Nifty India Railways PSU Index Fund Direct Growth
Groww ELSS Tax Saver Fund Direct Growth
Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
Groww Nifty Next 50 Index Fund Direct Growth
Groww Multi Asset Allocation Fund Direct Growth
Groww BSE Power ETF FOF Direct Growth
Groww Nifty India Internet ETF FoF Direct Growth
Groww Nifty 50 Index Fund Direct Growth
Groww Nifty Capital Markets ETF FoF Direct Growth
Groww Nifty 500 Momentum 50 ETF FoF Direct Growth
Groww Nifty Midcap 150 Index Fund Direct Growth
Groww Nifty Non Cyclical Consumer Index Fund Direct Growth
Groww Nifty Smallcap 250 Index Fund Direct Growth
Groww Nifty Total Market Index Fund Direct Growth
Groww Nifty 200 ETF FoF Direct Growth
Groww Nifty India Defence ETF FoF Direct Growth
Aakash Ashokkumar Chauhan
Jan 2026 - Present
View details
Education
MBA in Finance
Experience
Prior to Joining Groww AMC, he was associated with Trust Mutual Fund, Mirae Asset Capital Markets (India) Pvt Ltd. & BP Wealth Pvt Ltd.
Also manages these schemes
Groww Nifty India Railways PSU Index Fund Direct Growth
Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
Groww Nifty Next 50 Index Fund Direct Growth
Groww BSE Power ETF FOF Direct Growth
Groww Nifty India Internet ETF FoF Direct Growth
Groww Nifty 50 Index Fund Direct Growth
Groww Nifty Capital Markets ETF FoF Direct Growth
Groww Nifty 500 Momentum 50 ETF FoF Direct Growth
Groww Nifty Midcap 150 Index Fund Direct Growth
Groww Nifty Non Cyclical Consumer Index Fund Direct Growth
Groww Nifty Smallcap 250 Index Fund Direct Growth
Groww Nifty Total Market Index Fund Direct Growth
Groww Nifty 200 ETF FoF Direct Growth
Groww Nifty India Defence ETF FoF Direct Growth
Shashi Kumar
Jan 2026 - Present
View details
Education
BBA, PGDBM
Experience
Prior to joining Groww MF, he was associated with Bharti Axa Life Co. Ltd. & Canara HSBC Life Insurance Co. Ltd.
Also manages these schemes
Groww Nifty India Railways PSU Index Fund Direct Growth
Groww Nifty EV & New Age Automotive ETF FoF Direct Growth
Groww Nifty Next 50 Index Fund Direct Growth
Groww BSE Power ETF FOF Direct Growth
Groww Nifty India Internet ETF FoF Direct Growth
Groww Nifty 50 Index Fund Direct Growth
Groww Nifty Capital Markets ETF FoF Direct Growth
Groww Nifty 500 Momentum 50 ETF FoF Direct Growth
Groww Nifty Midcap 150 Index Fund Direct Growth
Groww Nifty Non Cyclical Consumer Index Fund Direct Growth
Groww Nifty Smallcap 250 Index Fund Direct Growth
Groww Nifty Total Market Index Fund Direct Growth
Groww Nifty 200 ETF FoF Direct Growth
Groww Nifty India Defence ETF FoF Direct Growth
Fund house & investment objective
Groww Mutual Fund
Rank (total assets)#41 in India
Total AUM₹4,261.91Cr
Date of Incorporation10 Apr 2008
    Groww Nifty PSE 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 PSE ETF FOF Direct Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹4,262 Cr and     the Latest NAV as of 13 Feb 2026 is ₹9.85.  

    The Groww Nifty PSE ETF FOF Direct Growth is rated Very High risk.     Minimum SIP Investment is set to ₹500.     Minimum Lumpsum Investment is ₹500.     
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Investment ObjectiveThe Scheme seeks to generate long-term capital growth by investing in units of Groww Nifty PSE ETF. 
 
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Fund benchmarkNIFTY PSE Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
505 – 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel,Maharashtra Mumbai 400013
Phone
8050180222
Launch Date
10 Apr 2008
E-mail
Customer Support Email id:  [email protected]
Website
growwmf.in