Groww MF introduces Nifty Metal ETF
Groww Mutual Fund has launched Groww Nifty Metal ETF, an open?ended scheme tracking the Nifty Metal Index – TRI. The NFO opens for subscription on December 03, 2025 and closes on December 17, 2025. No entry and exit load will be charged under 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 the Nifty Metal 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 Metal Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty Metal Index, subject to tracking errors.
