Groww Nifty India Internet ETF FoF Direct Growth

Very High Risk | Equity

Fund Overview

Launch Date

13 Jun 2025

End Date

27 Jun 2025

Allotment Date

04 Jul 2025

NAV

₹10

Expense Ratio, Exit Load & Tax

Expense ratio

Inclusive of GST

Exit load

Nil

Stamp Duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Minimum Investment Amounts

Min. for 1st investment

₹500

Min. for 2nd investment onwards

₹500

Min. for SIP

₹500

Fund Managment

Nikhil Satam

Jun 2025 - Present

Education

B. com, Masters in Finance.

Experience

Prior to joining Groww MF he was associated with Groww Invest Tech Private Ltd (formerly known as Nextbillion Technology Pvt. Ltd).

Fund House & Investment Objective

Groww Mutual Fund

Rank(total assets)

#41 in India

Total AUM

₹1,612.30Cr

Groww Nifty India Internet ETF FoF Direct Growth is a Equity Mutual Fund Scheme launched by Groww Mutual Fund. This scheme was made available to investors on 10 Apr 2008. Nikhil Satam is the Current Fund Manager of Groww Nifty India Internet ETF FoF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,612 Cr and the Latest NAV as of 13 Jun 2025 is ₹10.00. The Groww Nifty India Internet ETF FoF Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500.


Investment Objective

The scheme seeks to generate long-term capital growth by investing in units of Groww Nifty India Internet ETF.

Fund benchmark

Nifty India Internet Total Return Index

Fund House Contact Details

Address

505 – 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel,Maharashtra Mumbai 400013

Phone

8050180222

Groww Logo

Launch Date10 Jun 2025

Closing Date24 Jun 2025

Allotment Date27 Jun 2025

Groww Logo

Launch Date17 Jun 2025

Closing Date23 Jun 2025

Allotment Date25 Jun 2025

Groww Logo

Launch Date09 Jun 2025

Closing Date23 Jun 2025

Allotment Date27 Jun 2025

Groww Logo

Launch Date05 Jun 2025

Closing Date19 Jun 2025

Allotment Date25 Jun 2025

Groww Logo

Launch Date05 Jun 2025

Closing Date19 Jun 2025

Allotment Date25 Jun 2025

Groww Logo

Launch Date13 Jun 2025

Closing Date27 Jun 2025

Allotment Date04 Jul 2025


Testimonial

Genuine Review Form Statisifed Customers

4.8 Out of 5 (15 Reviews)

KSquare made investing so simple! Their SIP options fit my monthly budget and help me build wealth consistently without worry. I highly recommend it to anyone starting their financial journey.

Aarav Sharma

Aarav Sharma

Software Engineer

Investing used to feel complicated, but KSquare’s SIP process made it simple and stress-free. Now I save monthly without thinking twice.

Shruti Verma

Shruti Verma

Clinical Psychologist

Investing used to confuse me, but KSquare simplified everything. Their recommendations are tailored and backed by data. It’s been a smooth and rewarding ride so far.

Aditi Rane

Aditi Rane

Communications Officer

Starting SIPs with KSquare has brought so much clarity to my finances. Their platform is smooth, and the investment returns speak for themselves.

Meera Iyer

Meera Iyer

Data Analyst

Starting my SIP journey with KSquare was the best decision. Their platform is intuitive, and I feel secure knowing my money is growing steadily.

Tanya Arora

Tanya Arora

Teacher

I never imagined saving for the future could be this easy. KSquare’s SIP service is transparent, reliable, and perfect for professionals like me looking to invest smartly.

Priya Mehta

Priya Mehta

Marketing Manager

KSquare gave me clarity in my mutual fund journey. I now know where my money goes and how it grows. Their dashboard is excellent.

Harshit Chawla

Harshit Chawla

Insurance Advisor

KSquare’s NPS support was practical and transparent. They helped me compare options and choose what’s best for my future.

Naveen Thakkar

Naveen Thakkar

Chartered Accountant

KSquare’s New Fund Offering system is reliable and easy to follow. Their pre-launch alerts and fund guides helped me confidently choose what’s best for me.

Divya Jaisingh

Divya Jaisingh

Technical Writer

Getting a loan against my mutual funds was hassle-free with KSquare. Very professional and transparent experience.

Rohit Verma

Rohit Verma

Marketing Consultant

FAQ's

Frequenlty Asked Question

Can NRIs invest in NPS through KSquare?

Yes, NRIs can invest in NPS if they meet KYC norms. KSquare supports NRI onboarding for NPS accounts.

How do I choose the right SIP plan on KSquare?

KSquare provides tailored recommendations based on your goals, risk appetite, and investment horizon to guide your SIP choices.

Is it legal for NRIs to invest in Indian markets via KSquare?

Absolutely. KSquare complies with all SEBI and RBI guidelines, ensuring legal and secure investments for NRIs.

Do NFOs offer better returns than existing funds?

Not always. While some NFOs may perform well, they lack historical data. KSquare helps evaluate the potential.

Can I nominate someone for my NPS account?

Yes, nomination is mandatory and can be easily added or updated through your KSquare profile.

Can I invest in an NFO online with KSquare?

Yes, KSquare’s digital platform enables secure and quick online investments in NFOs with just a few clicks.

How do I manage taxes on my investments as an NRI?

KSquare provides tax guidance specific to NRIs, helping you plan and stay compliant with Indian tax laws.

Is there a lock-in period for New Fund Offerings?

Open-ended NFOs usually have no lock-in, while close-ended ones might restrict withdrawals for a specific term.

App Store