Groww Nifty Cement ETF
ETF
Very High Risk
NFO Open DateJuly 08, 206
NFO Close DateJuly 22, 2026
Allotment DateOn or before July 29, 2026
Scheme Re-open DateAugust 05, 2026
Why consider Groww Nifty Cement ETF?
Growing industry with long-term growth potentialIndia is the world's second-largest cement producer, contributing around 11% of global cement production¹. Despite its scale, India's per capita cement consumption remains below global averages, indicating potential room for growth over time.
Demand supported by multiple sectorsCement demand is diversified across residential housing, infrastructure development and industrial construction, reducing dependence on any single end-use segment.
Infrastructure development remains a structural demand driverThe government's continued emphasis on infrastructure creation through public capital expenditure and programmes such as PMAY-G, PMAY-U, metro rail projects, and Sagarmala continues to support construction activity, which may contribute to long-term demand for cement².
Historical performance and valuationHistorically, the Nifty Cement Index has participated meaningfully in different market cycles. Its current P/E* valuation is below its recent historical averages, providing additional context on the index's current valuation levels³.
Capacity expansion and industry outlookAround 275 MT of new cement manufacturing capacity is expected to be added over the next five years. Even with this expansion, certain industry reports project that capacity utilisation may remain at around 72–75%, above the decade average, reflecting the industry's long-term demand outlook⁴.
Industry structure and efficiencyThe cement industry has become increasingly consolidated, with the leading players now accounting for around 60% of the industry's installed capacity⁵. Greater scale may support operational efficiencies and strengthen the industry's overall structure over time. However, this does not assure positive investment outcomes.
About the Nifty Cement Index
Includes stocks from the Nifty Total Market Index that belong to the Cement & Cement Products industry
Selects the top 20 companies based on free-float market capitalisation
Follows a free-float market capitalisation weighting methodology with individual stock weights capped at 15%
Reconstituted semi-annually and rebalanced quarterly in accordance with index methodology
Why invest through an ETF structure?
Provides exposure to multiple listed cement companies through a single investment
Tracks a rule-based index methodology with transparent portfolio construction
A passive investment structure may result in relatively lower costs over time, compared with some actively managed alternatives
Units can be bought and sold on the stock exchange during market hours
Who may consider this scheme?
Seek long-term capital appreciation through exposure to India's Cement & Cement Products industry
Prefer a passive, index-based investment approach and are comfortable with equity market risks, including sector-specific concentration risk.
Minimum investment amounts
Minimum SIP investment₹500
Minimum Lumpsum investmentNot available
Expense ratio, exit load and tax
Unit PriceOffer for Sale of Units at 1/1000th of underlying index value as on the date of allotment for applications received during the New Fund Offer (\"NFO\") period and at approximately indicative based prices (along with applicable charges and execution variations) during the Ongoing Offer for applications directly received at AMC.
Total Expense ratio:Upto 0.90%
Exit loadNil
Stamp duty on investment: 0.005% (from July 1st, 2020)% from July 1st 2020
Tax implication: If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Fund management
The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty Cement Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of the Nifty Cement Index, subject to tracking errors.
Fund benchmarkNifty Cement Index - TRI
Type of SchemeAn open‐ended scheme tracking the Nifty Cement Index – TRI
Riskometer
This product is suitable for investors who are seeking*1. Long-term capital appreciation
2. Investment in equity and equity-related instruments of the Nifty Cement Index*Investors should consult their financial advisers if in doubt about whether the product is suitable for them*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.
Scheme Riskometer
The Scheme Risk-o-meter is at Very High Risk
Benchmark Riskometer - Very High Risk
The Benchmark Risk-o-meter is at Very High Risk