e.g. Tata motors, Reliance MF, 500570

Groww Nifty Next 50 Index Fund - Growth

Equity Others Very High

NAV on (11 Sep 2026 )

₹10.61

(-0.62%)

Fund Size

₹11.14 Crores

1Y Returns

5.74 %

 
Earn 1% Higher Returns in Direct Funds on dhan Invest  Top Funds
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 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.

AMC

Groww Asset Management Ltd.

Fund Details

Launch Date

August 6, 2025

Fund Manager

Mr. Shashi Kumar

Initial Price

10

AUM Fund

11.14 Cr

Min investment

Rs 500

Expense Ratio

1.2%

SIP Minimum Investment

Daily - Rs. 100/- and in multiples of Re.1/- thereafter. Minimum 180 installments.Weekly - Rs. 100/- and in multiples of Re.1/- thereafter. Minimum 24 installments.Monthly - Rs. 500/- and in multiples of Re.1/- thereafter. Minimum 12 installments.Quarterly - Rs. 500/- and in multiples of Re.1/- thereafter. Minimum 4 installments.

Exit Load

Nil

1 Month

-3.45%

6 Months

+8.44%

1 Year

+5.74%

2 Years (CAGR)

NA

3 Years (CAGR)

NA

5 Years (CAGR)

NA

Equity / Mid Cap funds 1Y 3Y Fund Size (Cr)
86.00% 213.62% ₹1357.66
85.89% 0.00% ₹1128.2
84.86% 216.56% ₹584.3
84.24% 213.18% ₹584.3
82.75% 0.00% ₹5155.4
Address
505 ￯﾿ᄑ 5th Floor, Tower 2B,One World Centre, Near Prabhadevi Railway Station,Lower Parel Mumbai Maharashtra India 400013
Launch Date
August 6, 2025
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 Next 50 Index Fund - Growth?

A: The latest NAV of Groww Nifty Next 50 Index Fund - Growth is ₹ 10.61 as on 11 Sep 2026.

Q: What type of mutual fund is Groww Nifty Next 50 Index Fund - Growth?

A: Groww Nifty Next 50 Index Fund - Growth is a 'Equity - Others' type mutual fund managed by 'Groww Asset Management Ltd.'.

Q: What is the expense ratio of Groww Nifty Next 50 Index Fund - Growth?

A: The expense ratio of Groww Nifty Next 50 Index Fund - Growth is 1.2%, which impacts overall returns.

Q: Who manages Groww Nifty Next 50 Index Fund - Growth?

A: Groww Nifty Next 50 Index Fund - Growth is managed by Mr. Shashi Kumar, who oversees investment strategy and portfolio decisions.

Q: Is Groww Nifty Next 50 Index Fund - Growth a good investment?

A: Groww Nifty Next 50 Index Fund - 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 Next 50 Index Fund - Growth?

A: The exit load of Groww Nifty Next 50 Index Fund - Growth is Nil, applicable if redeemed within the specified period.

Q: How is Groww Nifty Next 50 Index Fund - Growth taxed?

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

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