May 26, 2025
mayank
Groww Nifty 500 Low Volatility 50 ETF 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 500 Low Volatility 50 ETF Open Date, Close Date?
NFO opens on May 28, 2025
NFO will close on June 11, 2025
Investment Strategy for this NFO?
The scheme seeks to generate long-term capital growth by investing in securities of the Nifty 500 Low Volatility 50 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty 500 Low Volatility 50 Index, subject to tracking errors.
Basic Details
| Fund House | Groww Mutual Fund |
| Issue Open | 28 May 2025 |
| Issue Close | 11 June 2025 |
| Type | Open-ended |
| Category | Equity: Flexi Cap |
| Min. Investment(Rs) | 500 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | Nifty 500 Low Volatility 50 TRI |
About Benchmark Index for this NFO?
The Nifty500 Low Volatility 50 Index aims to track the performance of the top 50 companies within the Nifty 500 selected based on their Low Volatility Score. Low Volatility is calculated as the inverse of standard deviation based on the previous 1-year price returns (log normal). Stock weights are based on a combination of the stock’s low volatility score and its free-float market capitalization.
Nifty500 Low Volatility 50 Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty500 Low Volatility 50 Total Returns Index.
Portfolio Characteristics
| Methodology | Periodic Capped Free Float |
| No. of Constituents | 50 |
| Launch Date | December 20, 2024 |
| Base Date | April 01, 2005 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of Groww Nifty 500 Low Volatility 50 ETF
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 500 Low Volatility 50 ETF @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of Nifty 500 Low Volatility 50 TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 3.92 | 4.13 | 9.50 | 21.38 | 16.32 |
| Total Return | 3.93 | 4.20 | 10.38 | 22.95 | 18.09 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 14.60 | 12.79 | 16.31 |
| Beta (NIFTY 50) | 0.90 | 0.72 | 0.71 |
| Correlation (NIFTY 50) | 0.92 | 0.85 | 0.92 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 27.51 | 4.77 | 0.77 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Bajaj Finance Ltd. | 6.28 |
| Kotak Mahindra Bank Ltd. | 6.25 |
| Maruti Suzuki India Ltd. | 5.30 |
| Titan Company Ltd. | 5.07 |
| Axis Bank Ltd. | 4.97 |
| Bajaj Finserv Ltd. | 4.93 |
| State Bank of India | 4.66 |
| Dr. Reddy’s Laboratories Ltd. | 4.02 |
| Apollo Hospitals Enterprise Ltd. | 3.36 |
| Tech Mahindra Ltd. | 3.29 |
Note on Benchmark Performance:
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[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Aakash Ashokkumar Chauhan
| Fund | Groww Nifty 200 ETF | It’s Benchmark | Groww Nifty 500 Momentum 50 ETF | It’s Benchmark |
| 1 Year | — | — | — | — |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 26-5-2025
Past Performance of Shashi Kumar
| Fund | Groww Nifty EV & New Age Automotive 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 26-5-2025
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 26-5-2025
Note on Fund Managers’ performance
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[ C ] Our NFO Review
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Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in Groww Nifty 500 Low Volatility 50 ETF NFO?
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
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