Groww Mutual Fund launches Groww Nifty 500 Momentum 50 ETF

NFO period: 03^rd April - 17^th April, 2025

Highlights of the NFO:

• Scheme type - An open-ended scheme tracking the Nifty 500 Momentum 50 Index - TRI.


• Investment objective - 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.


• Product suitability - This product is suitable for investors who are seeking long-term capital appreciation Investment in equity and equity-related instruments of the Nifty 500 Momentum 50.


• Minimum Application Amount - Rs. 500 and in multiples of Rs. 1/- thereafter.


• Plan/ Options available - The Scheme does not offer any Plans/Options for investment.


• Fund Managers - Mr. Nikhil Satam


• Benchmark - Nifty 500 Momentum 50 Index TRI.