2026-06-17 05:55:33 pm | Source: Accord Fintech
Groww Mutual Fund files offer document for Nifty Cements ETF
Groww Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Groww Nifty Cements ETF’. The New Fund Offer price for units would be 1/1000 of underlying index during the NFO. Entry load and Exit load will be nil. The Scheme does not offer any plan or option for investment, and seeks to collect a Minimum Target Amount of Rs 5 crore.
The performance will be benchmarked against Nifty Cements Index TRI. The minimum application amount during NFO will be Rs 500 and in multiples of Rs 1 thereafter.
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