e.g. Tata motors, Reliance MF, 500570

Groww Nifty India Defence ETF - Growth

Equity Others Very High

NAV on (24 Apr 2026 )

₹88.41

(-1.57%)

Fund Size

₹251.98 Crores

1Y Returns

29.43 %

 

Groww Nifty India Defence ETF - Growth

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Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

Investment Objective

The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty India Defence in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty India Defence Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

AMC

Groww Asset Management Ltd.

Fund Details

Launch Date

August 22, 2024

Fund Manager

Mr. Aakash Ashokkumar Chauhan

Initial Price

10

AUM Fund

251.98 Cr

Min investment

Rs 500

Exit Load

Nil

1 Month

+17.11%

6 Months

+8.24%

1 Year

+29.43%

2 Years (CAGR)

NA

3 Years (CAGR)

NA

5 Years (CAGR)

NA

Equity / Mid Cap funds 1Y 3Y Fund Size (Cr)
143.82% 0.00% ₹1152.55
142.83% 213.84% ₹14511.43
142.70% 0.00% ₹5197.1
142.62% 0.00% ₹3623.01
142.62% 0.00% ₹3623.01

Holdings

Sector Allocation

Electronics 20.21%
Engineering 46.98%
Chemicals 10.74%
Shipping 11.52%
Miscellaneous 3.28%
Telecommunications 2.64%
Information Technology 4.02%
Iron and Steel 0.48%
Address
505 ￯﾿ᄑ 5th Floor, Tower 2B,One World Centre, Near Prabhadevi Railway Station,Lower Parel Mumbai Maharashtra India 400013
Launch Date
August 22, 2024
Custodian
HDFC Bank Ltd and SBI-SG Global Securities Services Pvt Limited (Gold ETF)
Registrar & Transfer Agent
KFIN Technologies Pvt. Ltd.

Frequently Asked Questions

Q: What is the current NAV of Groww Nifty India Defence ETF - Growth?

A: The latest NAV of Groww Nifty India Defence ETF - Growth is ₹ 88.41 as on 24 Apr 2026.

Q: What type of mutual fund is Groww Nifty India Defence ETF - Growth?

A: Groww Nifty India Defence ETF - Growth is a 'Equity - Others' type mutual fund managed by 'Groww Asset Management Ltd.'.

Q: Who manages Groww Nifty India Defence ETF - Growth?

A: Groww Nifty India Defence ETF - Growth is managed by Mr. Aakash Ashokkumar Chauhan, who oversees investment strategy and portfolio decisions.

Q: Is Groww Nifty India Defence ETF - Growth a good investment?

A: Groww Nifty India Defence ETF - Growth may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of Groww Nifty India Defence ETF - Growth?

A: The exit load of Groww Nifty India Defence ETF - Growth is Nil, applicable if redeemed within the specified period.

Q: How is Groww Nifty India Defence ETF - Growth taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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