Groww Nifty India Internet ETF FoF Direct Growth
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).
Also Manage these schemes
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
Website
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Closing Date19 Jun 2025
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Very High Risk | Equity
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Closing Date27 Jun 2025
Allotment Date04 Jul 2025
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