Groww Nifty 500 Momentum 50 ETF NFO ( New Fund Offer )
| Mutual Fund | Groww Mutual Fund |
| Scheme Name | Groww Nifty 500 Momentum 50 ETF |
| Objective of Scheme | The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty 500 Momentum 50 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty 500 Momentum 50 Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved. |
| Scheme Type | Open Ended |
| Scheme Category | Other Scheme – Other ETFs |
| New Fund Launch Date | 03-Apr-2025 |
| New Fund Earliest Closure Date | 17-Apr-2025 |
| New Fund Offer Closure Date | 17-Apr-2025 |
| Indicate Load Seperately | Nil |
| Minimum Subscription Amount | Rs 500 and in multiples of Re. 1/-thereafter |
