About us
Groww Nifty 50 Index Fund
Equity
Very High Risk
NFO Opening date
02 Jul 2025
End date
16 Jul 2025
Scheme re-opens on or before
30 Jul 2025
What is the Groww Nifty 50 Index Fund?
Groww Nifty 50 Index Fund is an index fund that seeks to provide exposure to large-cap companies that form a key part of India’s equity markets. The scheme aims to track the Nifty 50 Index – TRI, which includes companies from sectors such as financial services, information technology, energy, FMCG, telecom etc¹.
About the Nifty 50 Index
The Nifty 50 Index consists of 50 large-cap companies selected from the Nifty 100. These companies are chosen based on free-float market capitalization, trading frequency, and eligibility for derivatives. The index is constructed to reflect the evolving nature of India’s corporate sector and is reviewed twice a year².
Why consider the Groww Nifty 50 Index Fund?
Exposure to India’s market leaders
Aim to invest in the country’s most established blue-chip companies that form the core of India’s equity markets. These large-cap businesses are known for their scale and presence across critical sectors such as financial services, technology, and energy.
Participate in India’s growth story
Aim to benefit from India’s long-term economic progress through a portfolio that reflects the key drivers of the country’s development. As India continues to expand its infrastructure, consumption, and digital capabilities, the fund aims to stay aligned with this transformation.
Built-in sectoral evolution
Seek to gain access to a portfolio that naturally adjusts with shifts in India’s economic structure. The Nifty 50 Index is reviewed periodically to ensure it includes companies that represent emerging themes and changing sector dynamics over time.
Potential for global scale
Aim to capture the upside as Indian corporates grow beyond domestic markets and scale globally
Improving capital discipline
The quality of earnings among Nifty 50 companies has shown signs of improvement in recent years. Key financial metrics like Return on Equity (RoE) and Return on Capital Employed (RoCE) have seen an upward trend, indicating stronger capital efficiency and disciplined allocation practices³.
SPEARTech-enabled portfolio execution
Groww Mutual Fund seeks to implement index strategies through its proprietary high-frequency rebalancing system, SPEARTech. This in-house capability aims to help maintain alignment with the index while controlling tracking error.
Who may consider the Groww Nifty 50 Index Fund
Investors seeking long-term capital appreciation
Those looking to invest in equity and equity-related instruments of the Nifty 50 Index
Individuals who want to participate in India’s large-cap equity space through a single fund
Minimum investment amounts
Minimum SIP investment
₹100
Minimum Lumpsum investment
₹500
Expense ratio, exit load and tax
Unit Price
Offer for Sale of Units at ₹10 during NFO period
Total Expense ratio:
upto 1.00%
Exit load
Nil
Stamp duty on investment: 0.005%
from July 1st 2020
Tax implication:
Returns are taxed at normal rate of tax applicable to the assessee, if you redeem before 1 year. After 1 year, you are required to pay LTCG Tax of 12.5% on returns of more than ₹1Lakh in a financial year
Fund management
Mr. Shashi KumarJul 2025 - PresentView details
Mr. Shashi Kumar
Jul 2025
- Present
View details
About
Mr. Shashi Kumar has an overall 17 years of experience in the Insurance Sector. Prior to joining Groww Asset Management Ltd., he was associated with Bharti Axa Life Co. Ltd. & Canara HSBC Life Insurance Co. Ltd.
Mr. Nikhil SatamJul 2025 - PresentView details
Mr. Nikhil Satam
Jul 2025
- Present
View details
About
Mr. Nikhil Satam has over 8 years of work experience in the financial services industry. Since June 2023, he has been working as an Equity dealer in existing equity schemes of Groww Asset Management Ltd. (Groww AMC), wherein he handles all active and passive scheme dealings. Additionally, he is also working as a backup Fund Manager for passive schemes. Prior to joining Groww AMC, he was associated with Groww Invest Tech Private Ltd (formerly known as Nextbillion Technology Pvt. Ltd). Earlier, he worked with Motilal Oswal and Kotak Securities as an Equity Dealer.
Mr. Aakash ChauhanJul 2025 - PresentView details
Mr. Aakash Chauhan
Jul 2025
- Present
View details
About
Mr. Aakash Chauhan has an overall 6 years of experience in the Financial Sector. Prior to joining Groww Asset Management Ltd., he was associated with Trust Mutual Fund, Mirae Asset Capital Markets (India) Pvt Ltd. & BP Wealth Pvt Ltd.
Investment objective
The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty 50 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty 50 Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Fund benchmark
Nifty 50 Index - TRI
Type of Scheme
An open-ended scheme tracking the Nifty 50 Index - TRI
Riskometer
This product is suitable for investors who are seeking*
Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Scheme Riskometer
Investors understand that thier principal will be at Very High Risk
Benchmark Riskometer - Nifty 50 Index - TRI
The Benchmark is at Very High Risk
*The product labelling assigned during the New Fund Offer is based on internal assessment of the Scheme Characteristics or model portfolio and the same may vary post NFO when actual investments are made.
Downloads
SID - Groww Nifty 50 Index Fund
KIM - Groww Nifty 50 Index Fund
Presentation - Groww Nifty 50 Index Fund
Disclaimer
Source 1: NSE, data as on May 30, 2025
Source 2: NSE, data as on May 30, 2025
Source 3: AceEquity, data as on June 23, 2025
Please consult your financial advisor before investing.
Views expressed herein involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied herein. The individuals/companies mentioned above are for educational purposes only and have no connection with Groww Mutual Fund or Groww Asset Management Limited. Stocks/sectors/views should not be construed as investment advice or a research report or a recommendation by Groww Mutual Fund ("the Fund") / Groww Asset Management Limited (AMC) to buy or sell the stock or any other security. The sector(s) mentioned in this document do not constitute any recommendation of the same and the Fund may or may not have any future position in these sector(s). There is no assurance of any returns/capital protection/capital guarantee to the investors. The AMC/trustee/sponsor/group companies shall have no responsibility/liability whatsoever for the accuracy or any use or reliance thereof on such information.
The "Product" offered by "the issuer" is not sponsored, endorsed, sold or promoted by NSE INDICES LIMITED (formerly known as India Index Services & Products Limited (IISL). NSE INDICES LIMITED does not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) and disclaims all liability to the owners of "the Product" or any member of the public regarding the advisability of investing in securities generally or in "the Product" linked to Nifty 50 Index or particularly in the ability of the Nifty 50 Index to track general stock market performance in India. Please read the full Disclaimers in the Offer Document/Prospectus/ Information Statement.
Mutual funds investments are subject to market risks, read all scheme related documents carefully
Min. SIP amount
₹100
Min. Lumpsum amount
₹500
