Groww Nifty 500 Momentum 50 ETF FOF Fund Direct Growth

Groww Nifty 500 Momentum 50 ETF FOF Fund Direct Growth

NAV as on 29-04-2025

₹ 9.89

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
104 people have invested ₹ 3.9L in Groww Nifty 500 Momentum 50 ETF FOF Fund Direct Growth in the last three months

About Groww Nifty 500 Momentum 50 ETF FOF Fund Direct Growth

Groww Nifty 500 Momentum 50 ETF FOF Fund Direct Growth is a hybrid fund. This fund was started on 24 April, 2025. The fund is managed by . This fund gives you the benefit of diversification.

Key Parameters

  1. Groww Nifty 500 Momentum 50 ETF FOF Fund Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.

Returns

Groww Nifty 500 Momentum 50 ETF FOF Fund Direct Growth has given a CAGR return of 0.00% since inception.

Holdings

Groww Nifty 500 Momentum 50 ETF FOF Fund Direct Growth has allocated its funds majorly in .

Taxation

As it is a fund of funds mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Groww Nifty 500 Momentum 50 ETF FOF Fund Direct Growth

The investment objective of the Scheme is to generate long-term capital growth by investing in units of the Groww Nifty 500 Momentum 50 ETF

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Groww Nifty 500 Momentum 50 ETF FOF Fund Direct Growth has no lock in period.

Groww Nifty 500 Momentum 50 ETF FOF Fund Direct Growth Overview

Expense ratio--
Benchmark
Nifty 500 Momentum 50 TR INR
AUM₹0 Cr
Inception Date24 April, 2025
Min Lumpsum/SIP₹500/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Very High Risk
  • Returns %

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Fund House
Groww Asset Management Ltd.
Total Schemes
Total AUM
₹1.83K Cr
as on 31-Mar-2025
Address
Floor 12 A, Tower 2 A, One World Centre,,Jupiter Mills Compound Senapati Bapat Marg,Mumbai,Maharashtra
Phone
8050180222
Website
support@growwmf.in

More funds from Groww

Frequently Asked Questions for Groww Nifty 500 Momentum 50 ETF FOF Fund Direct Growth

The current NAV of Groww Nifty 500 Momentum 50 ETF FOF Fund Direct Growth is ₹9.89 as on 29-Apr-2025.
Existing (Absolute + CAGR) as on 29-Apr-2025.
Groww Nifty 500 Momentum 50 ETF FOF Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0%
0%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
The Exit load of Groww Nifty 500 Momentum 50 ETF FOF Fund Direct Growth is 1%