Groww Nifty Next 50 Index Fund Direct Growth
Get the latest NAV of Groww Nifty Next 50 Index Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹11.04
NAV as on 14 Aug 2026
10.71%/per year
Since Inception
▲▼
135 people have invested ₹ 3.3L in Groww Nifty Next 50 Index Fund in the last three months
Peer comparison
Groww Nifty Next 50 Index Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Groww Nifty Next 50 Index Fund Asset Allocation
See fund asset allocation details as on (14-Jul-26)
Fund Distribution
as on (14-Jul-26)
Groww Nifty Next 50 Index Fund Sector Allocation
See fund sector allocation details as on (14-Jul-26)
Sector Allocation
Top 3 Sectors in June were Financial Services, Utilities & Consumer Cyclical
Financial Services
21%
Consumer Cyclical
15%
Utilities
14%
Financial Services
20%
Utilities
14%
Consumer Cyclical
14%
Groww Nifty Next 50 Index Fund Holdings Details
as on (31-Jul-26)
Groww Nifty Next 50 Index Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.35% |
Benchmark | Nifty Next 50 TR INR |
| AUM | ₹11 Cr |
| Inception Date | 25 August, 2025 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| Risk |   Very High Risk |
About Groww Nifty Next 50 Index Fund
Groww Nifty Next 50 Index Fund Direct Growth is an equity fund. This fund was started on 25 August, 2025. The fund is managed by Nikhil Satam, Shashi Kumar, Aakash Chauhan. The fund could potentially beat inflation in the long-run.
Key Parameters
- Groww Nifty Next 50 Index Fund has ₹11 Cr worth of assets under management (AUM) as on Jul 2026 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
Groww Nifty Next 50 Index Fund has given a CAGR return of 10.71% since inception.
Holdings
Groww Nifty Next 50 Index Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Utilities, Industrial, Consumer Defensive, Basic Materials, Health, Energy, Real Estate, Tech. Its top holdings are Divi's Laboratories Ltd, TVS Motor Co Ltd, Tata Motors Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Adani Power Ltd
Taxation
As it is a index funds mutual fund the taxation is as follows: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 benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Groww Nifty Next 50 Index Fund
The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty Next 50 Index in the same proportion/weightage with an aim to provide returns before 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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Groww Nifty Next 50 Index Fund has no lock in period.
Fund Manager
Nikhil Satam
Fund Manager of Groww Nifty Next 50 Index Fund, since 25 August 2025
Shashi Kumar
Fund Manager of Groww Nifty Next 50 Index Fund, since 25 August 2025
Aakash Chauhan
Fund Manager of Groww Nifty Next 50 Index Fund, since 25 August 2025
- AUM of the fund stands at 9.4 Cr as of Jun'26
- AUM has remained same between Jun'26 and May'26
Frequently Asked Questions for Groww Nifty Next 50 Index Fund Direct Growth
How do I invest in Groww Nifty Next 50 Index Fund?
- Download the INDmoney app.
- Search for ‘Groww Nifty Next 50 Index Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.