Groww MF introduces Nifty Cements ETF
Groww Mutual Fund has launched Groww Nifty Cements ETF, an open?ended scheme tracking the Nifty Cement Index - TRI. The NFO opens for subscription on July 08, 2026 and closes on July 22, 2026. The Entry Load is not applicable and Exit load is nil for the scheme. The minimum subscription amount is Rs 500 and in multiples of Re. 1/-thereafter.
The performance of the Scheme will be benchmarked against Nifty Cement Index TRI and its fund managers are Nikhil Satam, Aakash Chauhan and Shashi Kumar.
The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty Cement Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of the Nifty Cement Index, subject to tracking errors.
