Groww Mutual Fund files offer document for Nifty Smallcap 250 Momentum Quality 100 Index Fund

2026-05-13 04:10:10 pm | Source: Accord Fintech

Groww Mutual Fund files offer document for Nifty Smallcap 250 Momentum Quality 100 Index Fund

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Groww Mutual Fund has filed offer document with SEBI to launch open ended scheme named ‘Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund'. The New Fund Offer price for units would be Rs 10 during the NFO. Entry load and Exit load will be nil. The Scheme does not offer any Plans/Options for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance will be benchmarked against Nifty Smallcap 250 Momentum Quality 100 Index TRI. The minimum application amount during NFO will be Rs 500 and in multiples of Re 1 thereafter.

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Groww Mutual Fund files offer document for Nifty Smallcap 250 Momentum Quality 100 Index Fund

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