September 24, 2025
RA Jainee
Groww Nifty Capital Markets ETF-Growth
Groww Nifty Capital Markets ETF-Growth snapshot
| NFO opens on | 26 September 2025 |
| NFO Closes on | 10 October 2025 |
| Min. Investment | Rs. 500 |
| Plans | Growth |
| Sahifund Verdict | This NFO may suit investors with a high risk appetite and 5+ year horizon, who are comfortable with all-cap, thematic equity exposure. Conservative investors or those seeking proven performance may be better served with established Flexicap funds. |
⏱️ Last Update: 25 September 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 Capital Markets ETF-Growth Open Date, Close Date?
NFO opens on September 26, 2025
NFO will close on October 10, 2025
Investment Strategy for this NFO?
The Scheme seeks to generate long-term capital growth by investing in securities of the Nifty Capital Markets Index in the same proportion/weightage with an aim to provide returns before expenses that track the total return of Nifty Capital Markets Index, subject to tracking errors.
Basic Details
| Fund House | Groww Mutual Fund |
| Issue Open | 26 September 2025 |
| Issue Close | 10 October 2025 |
| Type | Open-ended |
| Category | Equity: Thematic |
| Min. Investment(Rs) | 500 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | Nifty Capital Markets TRI |
About Benchmark Index for this NFO?
Nifty Capital Markets Index aims to track the performance of stocks from the Nifty 500 index which represent the capital market theme. The largest 20 stocks from eligible basic industries are selected based on 6-month average free-float market capitalization. The weight of each stock in the index is based on its free-float market capitalization.
Nifty Capital Markets 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 Capital Markets Total Returns Index.
Portfolio Characteristics
| Methodology | Periodic Capped Free Float |
| No. of Constituents | 15 |
| Launch Date | September 09, 2024 |
| Base Date | April 01, 2019 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of Groww Nifty Capital Markets 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 Capital Markets ETF-Growth @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of Nifty Capital Markets TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -13.48 | 1.60 | 26.09 | 32.83 | 24.56 |
| Total Return | -13.28 | 2.23 | 27.02 | 34.53 | 26.29 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 31.33 | 24.80 | 26.16 |
| Beta (NIFTY 50) | 1.41 | 1.06 | 0.94 |
| Correlation (NIFTY 50) | 0.59 | 0.62 | 0.65 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 39.87 | 10.81 | 1.18 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Asset Management Company Ltd. | 18.23 |
| BSE Ltd. | 17.10 |
| Multi Commodity Exchange of India Ltd. | 12.39 |
| Central Depository Services (India) Ltd. | 8.34 |
| 360 ONE WAM Ltd. | 7.42 |
| Computer Age Management Services Ltd. | 5.84 |
| Nippon Life India Asset Management Ltd. | 4.53 |
| Motilal Oswal Financial Services Ltd. | 4.23 |
| Angel One Ltd. | 4.23 |
| Kfin Technologies Ltd. | 3.89 |
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 24-9-2025
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 24-9-2025
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 24-9-2025
[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
X
Peer Comparison (?)
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in Groww Nifty Capital Markets ETF-Growth NFO?
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
Quicklinks