Groww Mutual Fund launches Groww Nifty 500 Momentum 50 ETF FOF

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

Highlights of the NFO:

• Scheme type - An open-ended fund of fund scheme investing in units of Groww Nifty 500 Momentum 50 ETF.


• Investment objective - The investment objective of the Scheme is to generate long-term capital growth by investing in units of the Groww Nifty 500 Momentum 50 ETF However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.


• Product suitability - This product is suitable for investors who are seeking investment predominantly in units of Groww Nifty 500 Momentum 50 ETF. Long-term capital appreciation. Exposure to Momentum stocks.


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


• Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).


• Fund Managers - Mr. Nikhil Satam


• Benchmark - Nifty 500 Momentum 50 Index TRI.