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Company  Groww Asset Management Limited
Scheme Name  Groww Nifty Next 50 ETF
Scheme Type  Open ended scheme
Theme  
Benchmark Index  NIFTY NEXT 50 - TRI
Fund Manager  Shashi Kumar , Nikhil Satam
Category  ETFs - Index
Initial Offer Price (Rs)  Rs. 10
Minimum Investment (Rs)  500
Additional Investment (Rs)  
Objective  The investment objective of the Scheme is to generate long-term capital growth by investing insecurities of the Nifty Next 50 Index in the same proportion/weightage with an aim to provide returnsbefore expenses that track the total return of Nifty Next 50 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 Next 50 Index95100
Money market instruments / debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds05
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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

KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

“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.’

Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.