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Groww Mutual Fund launches Groww BSE Power ETF FOF

NFO period: 18th July - 01st August, 2025

Highlights of the NFO:

  • Scheme type - An open-ended fund of fund scheme investing in units of Groww BSE Power ETF.

  • Investment objective - The investment objective of the Scheme is to generate long-term capital growth by investing in units of Groww BSE Power ETF. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

  • Product suitability - This product is suitable for investors who are seeking long-term capital appreciation. Investment in units of Groww BSE Power ETF.

  • Minimum Application Amount - Rs. 500 and in multiples of Re. 1 thereafter.

  • Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).

  • Fund Managers - Mr. Nikhil Satam, Mr. Aakash Ashokkumar Chauhan & Mr. Shashi Kumar

  • Benchmark - BSE Power Index TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)