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| Name of the scheme | 1-year back | Invest now | Fund category | expense ratio |
|---|---|---|---|---|
| Axis Nifty 50 Index Fund | +32.80% | Invest now | Equity: Big Cap | 0.12% |
| Axis Nifty 100 Index Fund | +38.59% | Invest now | Equity: Big Cap | 0.21% |
| Axis Nifty Next 50 Index Fund | +71.83% | Invest now | Equity: Big Cap | 0.25% |
| Axis Nifty 500 Index Fund | , | Invest now | Equity: Flexi Cap | 0.10% |
| Axis Nifty Midcap 50 Index Fund | +46.03% | Invest now | Equity: Mid Cap | 0.28% |
The plans will reopen for continuous sales and recurrent on or before 10 March.
Fund detail
Growww Nifty 200 ETF: An open-ended exchange-traded fund (ETF) that tracks the Nifty 200 index-tri.
Growww Nifty 200 ETF FOF: A FOF-FOF scheme that invests in units of Growww Nifty 200 ETF.
The purpose of both funds is to provide long -term capital growth by reflecting the Nifty 200 index.
The schemes have been benchmark against the Nifty 200 Index TRAI and will be managed by Abhishek Jain.
Investment strategy
Growww Nifty 200 ETF Nifty 200 will invest 95-100% in index stock and 0-5% in money market instruments or date securities.
The fund will be managed passively, ensuring that the stock is conducted in the same weightage as the index.
The strategy focuses on reducing the trekking error through regular portfolio rebalansing.
Growww Nifty 200 ETF FOF Growww Nifty will allocate 95-100% in 200 ETF units and 0-5% in loan/money market instruments.
NFO Investment Description
Minimum Investment: ₹ 500 (after that. 1 in multiples).
Sip investment:
Monthly: (100 (minimum 12 installments).
Quarterly: ₹ 300 (minimum).
Load out:
Groww Nifty 200 ETF – No exit load.
Growww nifty 200 ETF FOF – 1% exhaust load is redeemed within 30 days; No exit load after 30 days.
Groww Mutual Fund aims to provide investors a cost-effective way to diversify large and middle-cap shares through these passively managed funds.
first published: February 7, 2025 10:04 AM First
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