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.
Groww Nifty 500 Momentum 50 ETF FOF Fund Direct Growth has given a CAGR return of 0.00% since inception.
Groww Nifty 500 Momentum 50 ETF FOF Fund Direct Growth has allocated its funds majorly in .
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 benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
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 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.
Expense ratio | -- |
Benchmark | Nifty 500 Momentum 50 TR INR |
AUM | ₹0 Cr |
Inception Date | 24 April, 2025 |
Min Lumpsum/SIP | ₹500/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 0% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Very High Risk |
More funds from Groww
5Y CAGR
▲ 18.72
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% |