July 31, 2025
RA Jainee
Groww Nifty Next 50 ETF NFO Review – Dates, Benchmark, Returns & SahiFund Verdict
| NFO opens on | 6 August 2025 |
| NFO Closes on | 20 August 2025 |
| Min. Investment | Rs. 500 |
| Plans | Growth |
| Sahifund Verdict |
Table of Contents:
1. NFO Open date, Close date
2. NFO Investment Strategy
3. Basic Details NFO
4. Benchmark Index NFO
5. Fund Manager | Performance Review of Fund Manager
6. Should You Invest in this NFO?
7. Invest Online
What is the Groww Nifty Next 50 ETF Open Date, Close Date?
NFO opens on August 06, 2025
NFO will close on August 20, 2025
Investment Strategy for this NFO?
The scheme seeks to generate long-term capital growth by investing in securities of the Nifty Next 50 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty Next 50 Index, subject to tracking errors.
Basic Details
| Fund House | Groww Mutual Fund |
| Issue Open | 06 August 2025 |
| Issue Close | 20 August 2025 |
| Type | Open-ended |
| Category | Equity: Large Cap |
| Min. Investment(Rs) | 500 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | NIFTY Next 50 TRI |
About Benchmark Index for this NFO?
The Nifty Next 50 Index represents 50 companies from Nifty 100 after excluding the Nifty 50 companies.
Nifty Next 50 is computed using free float market capitalization method wherein the level of the index reflects total free float market value of all the stocks in the index relative to a particular base market capitalization value. Nifty Next 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: Nifty Next 50 Total Returns Index.
Portfolio Characteristics
| Methodology | Periodic Capped Free Float |
| No. of Constituents | 50 |
| Launch Date | December 24, 1996 |
| Base Date | November 04, 1996 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of Groww Nifty Next 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) 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).
3) 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.
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 Next 50 ETF @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of NIFTY Next 50 TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 9.45 | 1.49 | -3.53 | 21.80 | 15.91 |
| Total Return | 9.63 | 1.86 | -2.78 | 22.7 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 19.79 | 17.73 | 25.63 |
| Beta (NIFTY 50) | 1.17 | 0.98 | 0.96 |
| Correlation (NIFTY 50) | 0.81 | 0.80 | 0.85 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 22.11 | 3.97 | 1.35 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| InterGlobe Aviation Ltd. | 4.92 |
| Hindustan Aeronautics Ltd. | 3.88 |
| Divi’s Laboratories Ltd. | 3.63 |
| Vedanta Ltd | 3.28 |
| Britannia Industries Ltd. | 2.90 |
| Cholamandalam Investment and Finance Company Ltd | 2.88 |
| TVS Motor Company Ltd. | 2.87 |
| Tata Power Co. Ltd. | 2.86 |
| Indian Hotels Co. Ltd. | 2.80 |
| Bharat Petroleum Corporation Ltd | 2.70 |
[A] Benchmark Performance
The Nifty Next 50 TRI has historically outperformed Nifty 50 over longer horizons, with 22.7% 5-year annualized returns and ~15.9% since inception. However, it also comes with higher volatility (Std. Deviation ~19.8). The index includes high-growth companies like InterGlobe Aviation, HAL, Divi’s Labs, Vedanta, Britannia, Tata Power and TVS Motors. This benchmark offers a mix of future blue-chips, but investors must be ready for sharper swings.
[ B ] Performance Review of the Fund Managers of this NFO
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 on31-7-2025
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 31-7-2025
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 31-7-2025
[B] Fund Managers’ Track Record
The ETF is managed by Aakash Chauhan, Nikhil Satam, and Shashi Kumar. Collectively, they have prior experience across Groww AMC, Mirae Asset, Trust MF, Tata AMC and insurance firms. While their ETF management history is relatively new, the fund house has been expanding its passive offerings aggressively. Execution quality will depend on minimizing tracking error against the index.
[C] SahiFund Verdict
Groww Nifty Next 50 ETF provides direct, low-cost exposure to India’s next line of large-cap leaders. It is best suited for long-term investors (7+ years) who want passive investing exposure beyond Nifty 50. However, since volatility is higher than frontline indices, investors should allocate cautiously. Suitable as a satellite allocation in equity portfolios for those with higher risk appetite.
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
The scheme aims to replicate the Nifty Next 50 Index by investing in its 50 companies in the same proportion, with the goal of providing returns that track the index before expenses, subject to tracking error.
The NFO opens on 6 August 2025 and closes on 20 August 2025. Investors can apply with a minimum of ₹500.
The Nifty Next 50 is more volatile than Nifty 50, with higher standard deviation, but historically has delivered better long-term returns. It suits investors who can handle short-term market swings.
This ETF is best for investors seeking low-cost, passive exposure to future large-cap companies with a long-term horizon of 7 years or more, and who are comfortable with high risk.
Over time, many active large-cap funds have struggled to beat the Nifty Next 50 Index. This ETF offers transparency, lower costs and broad diversification, making it a competitive alternative.
Is it good to invest in Groww Nifty Next 50 ETF NFO?
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https://sahifund.com/category/nfos/
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