Groww MF introduces Nifty India Internet ETF
Groww Mutual Fund has launched Groww Nifty India Internet ETF, an open ended scheme tracking the Nifty India Internet Index - TRI. The NFO opens for subscription on June 13, 2025 and closes on June 27, 2025. No Entry Load is charged and the 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 with Nifty India Internet Index - TRI and its fund managers are Nikhil Satam, Aakash Chauhan and Shashi Kumar.
The investment of the objective of the scheme is to generate long-term capital growth by investing in securities of the Nifty India Internet Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty India Internet Index, subject to tracking errors.
