July 2, 2025
mayank
Groww Nifty 50 Index Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Groww Nifty 50 Index Fund Open Date, Close Date?
NFO opens on July 02, 2025
NFO will close on July 16, 2025
Investment Strategy for this NFO?
The Scheme seeks 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.
Basic Details
| Fund House | Groww Mutual Fund |
| Issue Open | 02 July 2025 |
| Issue Close | 16 July 2025 |
| Type | Open-ended |
| Category | Equity: Large Cap |
| Min. Investment(Rs) | 500 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | NIFTY 50 TRI |
About Benchmark Index for this NFO?
The Nifty 50 index is a well-diversified 50 companies index reflecting overall market conditions. Nifty 50 Index is computed using free float market capitalization method.
Nifty 50 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variants: Nifty50 USD, Nifty 50 Total Returns Index (Gross and Net) and Nifty50 Dividend Points Index
Portfolio Characteristics
| Methodology | Free Float Market Capitalization |
| No. of Constituents | 50 |
| Launch Date | April 22, 1996 |
| Base Date | November 03, 1995 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of Groww Nifty 50 Index Fund
1) Aakash Ashokkumar Chauhan
Education: MBA in Finance
Experience: Prior to Joining Groww AMC, he was associated with Trust Mutual Fund, Mirae Asset Capital Markets (India) Pvt Ltd. & BP Wealth Pvt Ltd.
2) Shashi Kumar
Education: BBA, PGDBM
Experience: Prior to joining Groww MF, he was associated with Bharti Axa Life Co. Ltd. & Canara HSBC Life Insurance Co. Ltd.
3) Nikhil Satam
Education: B. com, Masters in Finance.
Experience: Prior to joining Groww MF he was associated with Groww Invest Tech Private Ltd (formerly known as Nextbillion Technology Pvt. Ltd).
AMC
Groww Asset Management Limited
Address: 505 – 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel, Maharashtra Mumbai – 400013
Website: http://growwmf.in
Registrar & Transfer Agent:
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Review for Groww Nifty 50 Index Fund @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of NIFTY 50 TRI
Performance
| Index Returns (%) # |
QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 8.49 | 7.92 | 6.27 | 19.89 | 11.53 |
| Total Return | 9.02 | 8.71 | 7.54 | 21.34 | |
| Net Total Return | 8.43 | 8.05 | 5.59 | 20.50 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 13.56 | 14.60 | 22.71 |
| Beta (NIFTY 50) | 1.00 | 1.00 | 1.00 |
| Correlation (NIFTY 50) | 1.00 | 1.00 | 1.00 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 22.97 | 3.7 | 1.24 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 13.19 |
| ICICI Bank Ltd. | 8.91 |
| Reliance Industries Ltd. | 8.79 |
| Infosys Ltd. | 4.99 |
| Bharti Airtel Ltd. | 4.74 |
| Larsen & Toubro Ltd. | 3.73 |
| ITC Ltd. | 3.35 |
| Tata Consultancy Services Ltd. | 3.06 |
| Axis Bank Ltd. | 2.97 |
| Kotak Mahindra Bank Ltd. | 2.75 |
Note on Benchmark Performance:
X
[ B ] What About Fund Management?
Past Performance of Aakash Ashokkumar Chauhan
| Fund | Groww Nifty 200 ETF FoF | It’s Benchmark | Groww Nifty 500 Momentum 50 ETF | It’s Benchmark |
| 1 Year | — | — | — | — |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 2-7-2025
Past Performance of Shashi Kumar
| Fund | Groww Nifty 200 ETF | It’s Benchmark | Groww Nifty EV & New Age Automotive ETF FoF | It’s Benchmark |
| 1 Year | — | — | — | — |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 2-7-2025
Past Performance of Nikhil Satam
| Fund | Groww Nifty India Defence ETF | It’s Benchmark | Groww Nifty India Railways PSU ETF | It’s Benchmark |
| 1 Year | — | — | — | — |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 2-7-2025
Note on Fund Managers’ performance
X
[ C ] Final Word: Should You Invest?
This fund aims to mirror the performance of the Nifty 50 index, offering exposure to India’s top 50 blue-chip companies such as Reliance, HDFC Bank, ICICI Bank, Infosys, and TCS. It uses a passive investment approach with low tracking error.
Since this is a passive fund it has a low cost. Also, there is no active management from the fund manager which also makes it simpler.
But the flip side of this is that there is no possibility of outperformance potential beyond the index. Groww Mutual Funs is also a newer AMC with limited track record compared to larger players and has a lower AUM compared to giants like HDFC or SBI, though it is improving.
The offering will also face competition from already existing funds such as the HDFC Nifty 50 Index Fund (1 year return 23.2%), ICICI Prudential Nifty 50 Index Fund (1 year return 23.1%), UTI Nifty 50 Index Fund (1 year return 23%).
While the AMC is relatively new in mutual funds, the fund’s tracking efficiency and low cost make it a competitive choice. Ideal for a core portfolio allocation, especially if you prefer passive investing.
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in Groww Nifty 50 Index Fund NFO?
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
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