December 24, 2025
RA Jainee
Groww Nifty Chemicals ETF – Growth
📌 Fund Snapshot & Key Details
| Particulars | Details |
|---|---|
| Fund House | Groww Mutual Fund |
| Scheme Type | Open-ended |
| Category | Equity – Thematic (Chemicals) |
| Benchmark | Nifty Chemicals TRI |
| NFO Opens | 26 December 2025 |
| NFO Closes | 09 January 2026 |
| Plan / Option | Growth |
| Minimum Investment | Rs. 500 |
| Exit Load | Nil |
| Lock-in Period | NA |
| Riskometer | Very High |
| Registrar | KFin Technologies Ltd. |
⏱️ Last Updated: 25 December 2025, 10.00 AM
⚖️ Sahifund NFO Review
PLUS
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Focused sector exposure to India’s chemicals theme via the Nifty Chemicals TRI, covering specialty, agro and industrial chemicals.
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Well-diversified index with 20 leaders from the Nifty 500, reducing single-stock risk within a thematic allocation.
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Passive ETF structure ensures transparency, rule-based investing and no stock-selection bias.
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Strong long-term sector track record, with 5-year index returns close to ~19% CAGR, reflecting structural growth drivers.
MINUS
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Highly cyclical and valuation-sensitive sector, leading to sharp short-term volatility.
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Rich valuations (P/E ~39x) may cap near-term upside if earnings growth moderates.
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Not suitable as a core portfolio holding due to thematic concentration and very high risk.
Sahifund View:
Best suited as a satellite or tactical allocation for high-risk investors with a long-term horizon; avoid treating it as a core equity fund.
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📊 Benchmark Trend & Behaviour – Sahifund Interpretation
Benchmark Performance Snapshot
(Returns as per Nifty Chemicals TRI)
| Period | Total Return (%) |
|---|---|
| QTD | 0.75 |
| YTD | 7.29 |
| 1 Year | 2.43 |
| 5 Years | 18.91 |
| Since Inception | 19.73 |
Benchmark Risk & Valuation Metrics
| Parameter | Value |
|---|---|
| Std. Deviation (1Y) | 16.68 |
| Std. Deviation (5Y) | 18.26 |
| Beta vs Nifty 50 (5Y) | 0.89 |
| Correlation vs Nifty 50 | 0.68 |
| P/E | 39.08 |
| P/B | 4.23 |
| Dividend Yield | 0.61 |
Sahifund Insight:
The Nifty Chemicals TRI has delivered strong long-term returns, but with above-average volatility and valuation risk. Returns are closely linked to global demand cycles, raw-material prices and regulatory changes. This benchmark is suitable only for investors who understand sector cycles, not for those seeking stability.
🧠 Investment Strategy – Explained Simply
The ETF follows a passive replication strategy, investing in stocks of the Nifty Chemicals Index in the same proportion and weightage. Performance will broadly mirror the index, subject to tracking error, with semi-annual rebalancing.
👤 Fund Managers & Sahifund Interpretation
Fund Managers
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Aakash Ashokkumar Chauhan – MBA (Finance); prior experience with Trust MF, Mirae Asset Capital Markets and BP Wealth
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Nikhil Satam – B.Com, Masters in Finance; earlier associated with Groww Invest Tech
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Shashi Kumar – BBA, PGDBM; prior experience with Bharti AXA Life and Canara HSBC Life
Past Performance of Fund Managers (Across Other ETFs)
| Fund Managed | 1 Year (%) | Benchmark (%) |
|---|---|---|
| Groww Nifty India Defence ETF (Nikhil Satam) | 18.26 | 7.59 |
| Groww Nifty EV & New Age Automotive ETF FoF (Shashi Kumar) | 6.13 | 22.81 |
(As on 24-12-2025; limited long-term history available)
Sahifund Interpretation:
For a passive thematic ETF, the fund managers’ role is efficient index tracking and tracking-error control, not alpha generation. Hence, index quality and sector outlook matter far more than individual manager track record in this NFO.
🎯 Suitable for Which Investors?
Suitable if you:
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Have a high risk appetite
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Already own diversified equity funds
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Want tactical or long-term exposure to the chemicals sector
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Can remain invested for 5+ years
Avoid if you:
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Are a conservative or first-time equity investor
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Expect steady or predictable returns
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Are building a core long-term portfolio
❓ Should You Invest in This NFO?
This NFO can be considered only as a satellite allocation for investors who understand thematic risks. Entry timing, valuation comfort and portfolio allocation discipline will be critical for outcomes.
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👉 NFO guidance hub: https://sahifund.com/category/nfos/
⚠️ Disclaimer
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully.