October 8, 2025
RA Jainee
Groww Nifty Smallcap 250 ETF-Growth
Groww Nifty Smallcap 250 ETF – Growth snapshot
| NFO opens on | 10 October 2025 |
| NFO Closes on | 24 October 2025 |
| Min. Investment | Rs. 500 |
| Plans | Growth |
| Sahifund Verdict | Suitable for investors seeking diversification and high-growth exposure via small-cap ETFs; avoid for short-term or conservative goals. |
⏱️ Last Update: 16 October 2025, 10.00 AM
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 Smallcap 250 ETF-Growth Open Date, Close Date?
NFO opens on October 10, 2025
NFO will close on October 24, 2025
Investment Strategy for this NFO?
The scheme seeks to generate long-term capital growth by investing in securities of the Nifty Smallcap 250 Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty Smallcap 250 Index, subject to tracking errors.
Basic Details
| Fund House | Groww Mutual Fund |
| Issue Open | 10 October 2025 |
| Issue Close | 24 October 2025 |
| Type | Open-ended |
| Category | Equity: Small Cap |
| Min. Investment(Rs) | 500 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | NIFTY Smallcap 250 TRI |
About Benchmark Index for this NFO?
Nifty Smallcap 250 represents the balance 250 companies (companies ranked 251-500) from Nifty 500. This index intends to measure the performance of small market capitalisation companies.
Nifty Smallcap 250 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base market capitalization value.
Nifty Smallcap 250 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty Smallcap 250 Total Returns Index
Portfolio Characteristics
| Methodology | Free Float Market Capitalization |
| No. of Constituents | 251 |
| Launch Date | April 01, 2016 |
| Base Date | April 01, 2005 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of Groww Nifty Smallcap 250 ETF-Growth
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 Smallcap 250 ETF-Growth @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of NIFTY Smallcap 250 TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -6.21 | -5.97 | -9.33 | 27.26 | 14.71 |
| Total Return | -5.92 | -5.51 | -8.82 | 28.23 | 16.06 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 20.73 | 18.50 | 21.64 |
| Beta (NIFTY 50) | 1.13 | 0.92 | 0.80 |
| Correlation (NIFTY 50) | 0.71 | 0.71 | 0.77 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 29.96 | 3.56 | 0.69 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Multi Commodity Exchange of India Ltd. | 2.00 |
| Laurus Labs Ltd. | 1.64 |
| Central Depository Services (India) Ltd. | 1.31 |
| Delhivery Ltd. | 1.21 |
| Radico Khaitan Ltd | 1.14 |
| Kaynes Technology India Ltd. | 1.11 |
| Karur Vysya Bank Ltd. | 1.00 |
| Crompton Greaves Consumer Electricals Ltd. | 0.94 |
| Cholamandalam Financial Holdings Ltd. | 0.94 |
| Computer Age Management Services Ltd. | 0.91 |
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 8-10-2025
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 8-10-2025
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 | — | — | -7.21 | 4.25 |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 8-10-2025
[B] Review of Fund Managers
Aakash Ashokkumar Chauhan
-
Background: MBA in Finance, Prior to Joining Groww AMC, he was associated with Trust Mutual Fund, Mirae Asset Capital Markets (India) Pvt Ltd. & BP Wealth Pvt Ltd.
Nikhil Satam
-
Background: B. com, Masters in Finance, Prior to joining Groww MF he was associated with Groww Invest Tech Private Ltd (formerly known as Nextbillion Technology Pvt. Ltd).
Shashi Kumar
-
Background: BBA, PGDBM, Prior to joining Groww MF, he was associated with Bharti Axa Life Co. Ltd. & Canara HSBC Life Insurance Co. Ltd.
Sahifund Verdict
Groww Nifty Smallcap 250 ETF – Growth Review
(By Paresh Gordhandas, C.A. & Research Analyst)
Groww Nifty Smallcap 250 ETF – Growth aims to mirror the performance of the Nifty Smallcap 250 Index, offering investors direct exposure to India’s small-cap universe—companies ranked 251–500 by market capitalization. The fund seeks long-term capital appreciation by replicating the index composition and weightage, with zero exit load and a very high-risk profile.
This ETF is suitable for aggressive investors with a 5-year or longer horizon, willing to handle high volatility in exchange for potential superior returns. The underlying index has delivered 28% annualized returns over five years, but with high standard deviation (18.5%), indicating sharp fluctuations.
The offer is attractively priced at a minimum investment of Rs. 500, and though the fund managers are relatively new, the index-linked structure limits fund manager risk. Investors should note that short-term corrections are possible in the small-cap space, but valuations remain attractive for long-term wealth creation.
SahiFund Verdict: Suitable for investors seeking diversification and high-growth exposure via small-cap ETFs; avoid for short-term or conservative goals.
Study of Peer Comparison will be very interesting
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in Groww Nifty Smallcap 250 ETF-Growth NFO?
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