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Company  Groww Asset Management Limited
Scheme Name  Groww Nifty India Defence ETF
Scheme Type  Open ended scheme
Theme  
Benchmark Index  Nifty India Defence - TRI
Fund Manager  Abhishek Jain
Category  ETFs - Index
Initial Offer Price (Rs)  Rs. 10
Minimum Investment (Rs)  500
Additional Investment (Rs)  500
Objective  The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty India Defence in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty India Defence Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Max Entry Load%:  
Max Exit Load%:  
Option Type  Growth
Investment Pattern
TypeMinMax
Constituents of Nifty India Defence Index95100
Money market instruments / Debt securities, Instruments and/or units of Debt/Liquid schemes of domestic MF05
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Attention Investors : Prevent Unauthorised transactions in your account. Update your mobile numbers/email IDs with your stock brokers / DP and Exchanges / Depository. Receive information of your transactions directly from Exchanges / Depository on your mobile/email at the end of the day .......... Issued in the interest of investors

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“No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application from to authorize your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.’