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2025-02-07 02:17:25 pm | Source: Accord Fintech
Groww MF introduces Nifty 200 ETF FOF
Groww MF introduces Nifty 200 ETF FOF

Groww Mutual Fund has launched Groww Nifty 200 ETF FOF, an open-ended fund of fund scheme investing in units of Groww Nifty 200 ETF. The NFO opens for subscription on February 07, 2025 and closes on February 21, 2025. The Entry Load is nil for the scheme. The Exit load will be 1% - If redeemed within 30 days from the date of allotment and Nil- If redeemed after 30 days from the date of allotment. The minimum subscription amount is Rs 500 and in multiples of Re. 1/-thereafter. 

The performance of the Scheme will be benchmarked with Nifty 200 TRI and its fund manager is Abhishek Jain.

The investment objective of the Scheme is to generate long-term capital growth by investing in units of the Groww Nifty 200 ETF. 

 

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