Groww Nifty Smallcap 250 Index Fund Direct Growth

Equity
Small Cap
Launch dateNA
Allotment date29 Feb 2024
End dateNA
NAV₹10.00
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Expense ratio, exit load and tax

Expense ratio: 0.45%

Inclusive of GST

Exit load

Exit load of 0.25%, if redeemed within 7 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%.

Understand terms
Check past data

Minimum investment amounts

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

Fund management

Abhishek Jain
Feb 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 Smallcap 250 Index Fund 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 Smallcap 250 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹857 Cr and the Latest NAV as of 11 Oct 2024 is ₹12.12. The Groww Nifty Smallcap 250 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹500. Exit load of 0.25%, if redeemed within 7 days. ;

Investment Objective

The Scheme seeks to investment return that corresponds to the performance of Nifty Smallcap 250 Total Return Index subject to tracking error. ;

Fund benchmarkNIFTY Smallcap 250 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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