About us
Groww Nifty India Internet ETF
ETF
Very High Risk
NFO Opening date
13 Jun 2025
End date
27 Jun 2025
Scheme re-opens on or before
11 Jul 2025
What is the Groww Nifty India Internet ETF?
The Groww Nifty India Internet ETF is an Exchange Traded Fund (ETF) that seeks to provide exposure to companies at the forefront of India's digital transformation. The scheme aims to track the Nifty India Internet Index - TRI, which includes platforms that are shaping how Indians shop, invest, pay, travel, and work.
About the Nifty India Internet Index¹
The Nifty India Internet Index consists of ~21 companies selected from the Nifty Total Market Index, focusing exclusively on internet-based businesses across sectors like e-commerce, fintech, online travel, digital payments, and more.
Understanding the Index
Selection universe
Companies from the Nifty Total Market Index with core internet-led business models.
Weighting
Based on free-float market capitalization, with a maximum of 20% weight per stock.
Review frequency
Rebalanced quarterly and reconstituted semi-annually to reflect evolving market conditions.
Why consider the Groww Nifty India Internet ETF?
Seeks broad exposure to India's digital-first sectors
The ETF aims to invest across a diverse range of internet-led businesses — including e-commerce, fintech, stockbroking, digital travel, and entertainment — through a single instrument. It seeks to capture the breadth of activity in India’s growing online economy.
Aims to invest in digital-first models across consumer and enterprise domains
The fund seeks exposure to companies that operate internet-native platforms, serving both direct consumers and businesses across India's expanding digital infrastructure.
Aims to benefit from India's mobile-first and policy-driven growth
With over 886 million smartphone users², some of the lowest mobile data costs globally, and strong policy support via UPI, e-KYC, and the ₹26,000+ crore Digital India budget³, the ETF aims to tap into long-term digital tailwinds.
Who may consider the Groww Nifty India Internet ETF?
Investors seeking long-term capital appreciation
Those looking to invest in equity and equity-related instruments of the Nifty India Internet Index
Individuals aiming to gain diversified exposure to India's internet-led growth through a single ETF
Minimum investment amounts
Minimum SIP investment
Not available
Minimum Lumpsum investment
₹500
Expense ratio, exit load and tax
Unit Price
Offer for Sale of Units at Rs. 10 or 1/1000 of the underlying Index Value
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
Nikhil SatamJun 2025 - PresentView details
Nikhil Satam
Jun 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.
Aakash Ashokkumar ChauhanJun 2025 - PresentView details
Aakash Ashokkumar Chauhan
Jun 2025
- Present
View details
About
Mr. Aakash Ashokkumar 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.
Shashi KumarJun 2025 - PresentView details
Shashi Kumar
Jun 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.
Investment objective
The investment objective of the Scheme is to generate long-term capital growth by investing in securities of the Nifty India Internet Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty India Internet 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 India Internet Index TRI
Type of Scheme
An open-ended scheme tracking the Nifty India Internet Index - TRI
Riskometer
This product is suitable for investors who are seeking*
• Long-term capital appreciation
• Investment in equity and equity-related instruments of the Nifty India Internet Index
*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 India Internet 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 India Internet ETF
KIM - Groww Nifty India Internet ETF
Disclaimer
Please refer to the scheme information document before investing and consult your financial advisor.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
#The above product labelling assigned during the New Fund Offer (NFO) is based on internal assessment of the Scheme Characteristics or model portfolio and the same may vary post NFO when actual investments are made.
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. Stocks/Sectors/Views should not be construed as an 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 in above mentioned Schemes. The investment approach other data mentioned herein are dated and proposed to be followed by the scheme and the same may change in future depending on market conditions and other factors.
The AMC/ trustee/sponsor/group companies shall have no responsibility/liability whatsoever for the accuracy or any use or reliance there of 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 India Internet Index or particularly in the ability of the Nifty India Internet Index to track general stock market performance in India. Please read the full Disclaimers in the Offer Document/Prospectus/ Information Statement.
It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Draft Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of the 'Disclaimer Clause of NSE
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Min. Lumpsum amount
₹500
